1Spatial Plc First significant contract with High Speed Two (0706O)
June 08 2022 - 2:01AM
UK Regulatory
TIDMSPA
RNS Number : 0706O
1Spatial Plc
08 June 2022
8 June 2022
1Spatial plc
("1Spatial", the "Group" or the "Company")
First significant contract with High Speed Two ("HS2")
secured
1Integrate and 1Data Gateway selected to automate data collation
and verification for new customer
1Spatial, (AIM: SPA), today announces that, following a direct
award via G-Cloud 12, it has secured a new two-year contract with
High Speed Two (HS2), the company responsible for developing the
UK's new high speed rail network, to build a data validation
gateway. The gateway will enable HS2 to validate the quality,
conformance and design of construction-related data submitted by
their Supply Chain which in turn will contribute to the efficiency
and effective information delivery on Europe's largest
infrastructure project.
This is 1Spatial's first significant contract with HS2 and has a
total value over the two years of GBP0.9m, with potential options
to extend for a further two years.
The gateway will comprise 1Spatial's 1Data Gateway product as a
web portal for data uploading, and 1Integrate, to check the
compliance and quality of the data against stringent HS2 standards
and criteria. This will enable validated data to then be passed
onto a Common Data Environment (CDE) to ensure compliance with
wider UK government Digital Engineering initiatives.
Through 1Spatial's products, the gateway will create greater
reliability of data and reduce risks by delivering consistent and
accurate geometrical, geospatial, and non-geometrical data ingested
across the full Common Data Environment (CDE) domain.
For further information, please contact:
1Spatial plc 01223 420 414
Claire Milverton / Andrew Fabian
Liberum (Nomad and Broker) 020 3100 2000
Neil Patel / Cameron Duncan / Miquela Bezuidenhoudt
Alma PR 020 3405 0205
Caroline Forde / Hannah Campbell / Ella Doran 1spatial@almapr.co.uk
About 1Spatial
1Spatial plc is a leading provider of Location Master Data
Management (LMDM) software, solutions and business applications,
primarily to the Government, Utilities and Transport sectors via
the 1Spatial platform. Our solutions ensure data governance,
facilitating the efficient, effective and sustainable operation of
customers around the world. Our global clients include national
mapping and land management agencies, utility companies,
transportation organisations, government and defence
departments.
Today, when using and sharing trusted data provides significant
opportunities for businesses and governments to deliver against
important sustainability and Net Zero goals, our vision is clear -
to make the world safer, smarter and more sustainable by unlocking
the value in data, enabling better decisions and greater
insights.
The 1Spatial platform is a comprehensive set of data and system
agnostic LMDM software components which helps ensure master data is
compliant, current, complete, consistent, and coordinated - and
that customers can be confident it will remain that way as it
evolves. It allows them to master their data on any device,
anywhere, anytime and can be deployed as SaaS in the cloud,
on-premise, or as a hybrid of both.
1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with
operations in the UK, Ireland, USA, France, Belgium, Tunisia, and
Australia.
About HS2
High Speed 2 (HS2) Ltd is a non-departmental public body, wholly
funded by the Secretary of State for Transport and sponsored by the
Department for Transport. HS2 is one of the largest and most
complex infrastructure projects ever undertaken in the UK. It
requires a bespoke delivery organisation to execute the planning,
design and integration of the component parts of the new high-speed
railway.
HS2 Ltd is responsible for procuring and bringing together a
supply chain of designers and contractors to deliver billions of
pounds worth of contracts, acquiring an unprecedented volume of
land and property, in line with the Compensation Code, to build,
maintain and operate the railway. The company must demonstrate
compliance with the requisite technical, safety and environmental
standards at all times.
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