1Spatial: A Note Of Confidence
Edison | Jun 19, 2018 02:04AM ET
1Spatial Plc (LON:SPA) recently held its first capital markets day for a number of years. We see this as a positive signal that, following a substantial transformation program, management is confident in its strategy and prospects. The recovery program has been based on three fundamental principles – get the strategy right, assemble a strong team and build closer customer relationships. The capital markets day indicated that the company has made good progress on all three fronts.
Core proposition: Ensuring geospatial data are reliable
1Spatial’s core competence is in ensuring that geospatial data are reliable, a capability that is underpinned by the company’s proprietary geospatial rules-based engine. The investor day demonstrated why the company’s 1Integrate platform achieves this so effectively, why traditional non-geospatial platforms fall down in this area and why this capability is so valuable to the business and its clients (see page 2). The complexity and volumes of geospatial data are growing exponentially, as is the reliance that customers place upon these data.
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