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1Spatial ( (GB:SPA) ) has provided an update.
1Spatial plc has reported significant growth in its AI-supported applications within the utilities sector, securing new UK customers for its Pipe Inference and Utility Network Migration solutions. These solutions aid utility companies in digital transformation, improving data quality and operational efficiency. The adoption of these applications underscores 1Spatial’s successful Land and Expand strategy, contributing to organic growth and enhancing its position in the global market.
More about 1Spatial
1Spatial plc is a leading provider of Location Master Data Management (LMDM) solutions, headquartered in Cambridge and operating globally with over 1,000 customers. The company offers a suite of proprietary business applications and SaaS products, focusing on data governance and improved business decisions for enterprises and government bodies. 1Spatial is AIM-listed, with presence in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia.
YTD Price Performance: 41.84%
Average Trading Volume: 290,535
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £77.29M
See more insights into SPA stock on TipRanks’ Stock Analysis page.
