1Spatial, a global provider of Location Master Data Management (LMDM) software and solutions, announced a third major contract for 1Streetworks.
Following significant wins announced last year, 1Spatial has secured a new 12-month contract for 1Streetworks with Kent County Council valued at £0.5m.
1Streetworks' cloud-based SaaS solution is the first in the market to fully automate the production of traffic management plans, diversion routing and asset inventory lists. It also enables the plans and their location to be shared with other users on the platform. The cloud-based system can also be incorporated into existing operational processes with minimal disruption. Kent experiences numerous road closures each year, severely disrupting the daily lives of its residents. By using 1Streetworks to review road closure requests and adjust plans to use less disruptive traffic management, it is estimated that at least a 40% reduction in road closures could be achieved. This would not only provide economic benefits for Kent but also deliver positive societal impacts by improving the efficiency and planning of road closure requests.
Commenting on the update, 1Spatial CEO, Claire Milverton, said:
“We are delighted to secure our third material contract for 1Streetworks. We are seeing growing appreciation of the product and its value to customers. Adoption by a second council will help accelerate growing market awareness of the benefits it brings. The Board will continue to focus on executing on the substantial addressable market opportunity."
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