1Spatial has announced the integration of European GIS company, Star-Apic, into 1Spatial Group, as well as its new global website and its financial results for 2013. The company will be focussing on key areas for growth in the next year, including Smart Cities and spatial big data, new industry verticals, geographic opportunities, and further acquisitions.
“1Spatial is entering an exciting period of growth, well-funded and with the structures in place to evolve and execute on our strategy,” said 1Spatial Group’s CEO, Marcus Hanke. “The year ending 31 January 2015 will see us continue to develop our product and service offerings and to develop new geographic and industry markets to harness that potential.
“It is the Board’s view that the company is well placed to capitalise on opportunities in the spatial big data and Smart Cities markets. We have a strong team in place and an exceptional product offering. The company has an impressive and growing customer base and a healthy pipeline of opportunities. The Board is encouraged by the progress made during the start of the current financial year and looks forward to the future with confidence.”
The successful integration and rebranding of Star-Apic, a European provider of Geographic Information Systems (GIS) software and solutions, is now almost complete. The acquisition brings highly complementary products and services, as well as giving access to the markets of French-speaking North Africa.
1Spatial sees growing international interest in the concept of Smart Cities; cities with digitally enabled and enhanced infrastructure and services. This is a field in which spatial data makes a critical contribution and 1Spatial’s offering has a clear resonance across geographies (both developed and emerging markets) and key sectors, including central government, local government, national mapping agencies, utilities, telecommunications, and transport. In addition, 1Spatial has identified opportunities around spatial big data in the defence sector, emergency services and land registry agencies.
Geographically, 1Spatial sees growth opportunities in the Middle-East, Africa (beyond French-speaking North Africa), the MINT countries (the fast-developing economies of Mexico, Indonesia, Nigeria and Turkey) and USA. Its newly extended product offering has brought new opportunities in North Africa and with global utilities companies.