A leading Distribution System Operator for electricity and gas networks in Belgium × 1Spatial
1Spatial secured a three-year contract with a major Belgian utility operator following a competitive tender. [67, 68] The total contract value is €9.0 million, of which 1Spatial will directly deliver €4.1 million in services and software licenses, with the remainder being delivered by partners. [67, 68] The project involves using 1Spatial's technology to enhance the quality and accuracy of the utility's geospatial data for its electricity and gas networks. [67, 68]
The asset
Geospatial data processing and validation services to assist in the production of a Digital Twin of the utility's distribution network.
The record
- Seller status
- Going concern
- Sector
- Geospatial software and solutions
- Modalities
- data processing services, software license
- Jurisdiction
- EU
What it means if you hold data
This contract demonstrates the critical role of high-quality, validated geospatial data in the development of digital twins for major infrastructure. It shows a clear demand in the utilities sector for specialized data management solutions to improve operational efficiency and safety.