Smartspace Software PLC Strong progress at SwipedOn
July 23 2019 - 2:01AM
RNS Non-Regulatory
TIDMSMRT
Smartspace Software PLC
23 July 2019
23 July 2019
SmartSpace Software Plc
("SmartSpace" or the "Company" or the "Group")
Strong progress at SwipedOn as it launches its first localised
platform in the Netherlands and releases its first Add-On
module
SmartSpace Software plc, (AIM:SMRT) the leading provider of
'Integrated Space Management Software' for smart buildings,
commercial spaces and hospitality, is pleased to provide a progress
update on its subsidiary, SwipedOn, which it acquired in October
2018. SwipedOn's technology is focused on visitor management
software, based on a SaaS model.
SwipedOn | Key progress highlights:
-- SwipedOn has successfully grown its customer numbers by 50%
since being acquired and now boasts over 3,300 customers in over
4,300 locations globally
-- Paying users in over 40 countries
-- First step to broadening addressable market with launch of
Dutch-language version of visitor management platform in the
Netherlands
-- First additional module 'Deliveries' recently released - streamlining delivery process
Whilst SwipedOn currently has paying users in over 40 countries,
to date the system has only been offered in the English-language
version. As part of the initiative to broaden the addressable
market for SwipedOn and grow the customer base the Company
announces the launch of a Dutch-language version in the
Netherlands. This is the first time SwipedOn has released a
non-English language version of its visitor management solution. To
support the launch there is now a localised website
(https://www.swipedon.com/nl/), a Dutch-language version of
SwipedOn visitor management system and a range of localised
marketing collateral. In the coming months, SwipedOn plans to
release in other non-English markets.
Another pillar of the strategy for SwipedOn is to increase
average revenue per user 'ARPU' by offering a number of additional
modules sold to customers via the new SwipedOn 'Add-Ons
Marketplace'. Customers will pay an incremental SaaS fee to use
these modules.
The first of these modules, Deliveries, has recently been
released and allows customers to manage couriers, parcels and
deliveries at reception, streamlining the delivery process. The
iPad camera will read the name, automatically recognise and notify
the recipient. The functionality is automatically linked to the
visitor management application with the applications sharing the
same database. SwipedOn expects to add further modules in the
second half of 2019.
Commenting on the announcement, Frank Beechinor, Chief Executive
Officer of SmartSpace said: "We are delighted with the progress of
SwipedOn since we acquired the business last year. It clearly
illustrates the significant opportunities within SaaS technology
businesses."
End
Enquiries
SmartSpace Software Plc Via Lisa Baderoon
Frank Beechinor (CEO) - Head of Investor
Bruce Morrison (CFO) Relations
Lisa Baderoon (Head of Investor Relations)
lbaderoon@smartspaceplc.com +44(0) 7721 413 496
N+1 Singer (NOMAD & Broker)
Shaun Dobson, Head of Corporate Finance
Lauren Kettle, Corporate Finance +44 (0)20 7496 3000
About SmartSpace Software Plc
SmartSpace Software plc is a SaaS-based technology business,
designing and building smart software solutions. The Company's
software solutions in workspace and hospitality help transform
employee and customer engagement with modules which include: desk
management, meeting room management, wayfinding, car parking,
visitor management, frictionless vending, ticketing, loyalty
management and analytics.
For more information go to: www.smartspaceplc.com
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END
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July 23, 2019 02:01 ET (06:01 GMT)
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