Multi-year framework agreement
13 October 2021
("1Spatial", the "Group" or the "Company")
Multi-year framework agreement
1Spatial supports major Northern Ireland governmental digital transformation programme
1Spatial, (AIM: SPA), a global leader in Location Master Data Management (LMDM) software and solutions, is delighted to announce the award of a new multi-year framework agreement by Land and Property Services (LPS) in Northern Ireland, won in conjunction with a consortium led by Version 1, to support the Department of Finance's ongoing programme of Digital Transformation.
The consortium has been awarded the NOVA Programme Integration Partner contract, a three-year framework agreement, aimed at delivering digitally-integrated solutions, systems and outcomes to enable LPS to meet its strategic goals. 1Spatial will be the spatial consultant for the project, delivering location master data management ("LMDM") capability, via a combination of 1Spatial's LMDM technology and services. The framework is for an initial three-year period, with two optional extension periods of two years each. As it is a framework agreement, there is no contractually committed value, but the initial financial commitment of the framework will be confirmed following a scoping period.
Claire Milverton, CEO of 1Spatial, commented, "I'm thrilled to announce another significant multi-year framework agreement to support a governmental digital transformation programme, in conjunction with our partner Version1. This is an exciting contract supporting the Northern Ireland Department of Finance's far-reaching NOVA programme. The win evidences our strong partnership approach, and our ground-breaking technology as a key enabler for the end solutions. It supports our goal to deliver sustainable growth at scale, and underlines our leadership position for Location Master Data Management for national government programmes."
Tom O'Connor, CEO at Version 1, said: "We are delighted to be delivering this exciting digital transformation programme for our long-standing customer LPS, alongside our strategic partner 1Spatial. Our partnership with 1Spatial is key not only to this relationship but also to our wider strategic focus across this sector in the UK and Ireland. Our combined expertise and experience in this area will continue to add real value to this sector."
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019.
For further information, please contact:
01223 420 414
Claire Milverton / Andrew Fabian
Liberum (Nomad and Broker)
020 3100 2000
Neil Patel / Cameron Duncan / Ed Phillips / Miquela Bezuidenhoudt
020 3405 0205
Caroline Forde / Justine James / Molly Gretton
About 1Spatial plc
1Spatial plc is a global leader in providing 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.
Our domain expertise and data agnostic approach allows us to be an integral and important part of the Geospatial Ecosystem, supporting the wider digital economy. We partner with major technology consultancies and GIS providers such as ESRI and bring together our people, innovative solutions, industry knowledge and experience from our extensive customer base to deliver world class solutions.
1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with operations in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia.
About Version 1
For over 25 years, Version 1 has gained in-depth experience and portrayed excellence in the public sector, delivering successful solutions to many public-sector clients. Version 1 isa leading UK partner with Microsoft, Oracle, and AWS across application, database, infrastructure and cloud technology which allows us to deliver the highest levels of service and value to our central and local government customers. Version 1's public sector solutions are proven to reduce operating costs and support the Government's agenda for digital and cloud first, whilst ensuring availability and reliability for key enterprise systems.
Land and Property Services (LPS) is a division within the Department of Finance (DoF) who collect, process and manage land and property information, which underpins the collection of rates, in support of the Executive's commitment to economic and social development in Northern Ireland.