Smartspace Software PLC Launch of new SwipedOn platform
September 05 2023 - 2:00AM
RNS Non-Regulatory
TIDMSMRT
Smartspace Software PLC
05 September 2023
RNS REACH | 5 September 2023
SmartSpace Software Plc
("SmartSpace", the "Company" or the "Group")
Launch of new SwipedOn platform
SmartSpace Software Plc, (AIM:SMRT) the leading provider of
'Integrated Space Management Software' for smart buildings and
commercial spaces, announces that its subsidiary, SwipedOn, has
launched its expanded platform to allow booking of desks,
carparking spaces, EV charging points and equipment.
Referred to internally as 'Spaces' this release is the result of
the largest project undertaken by the SwipedOn development team.
The new functionality moves SwipedOn from a point solution with a
focus on visitor management, into a comprehensive workplace
management platform. SwipedOn customers will now be able to book an
extensive range of business assets including desks, carparking
spaces, bike storage, lockers, EV charging points and other
equipment. The platform has been designed to be fully configurable,
unlimited by any asset type, therefore allowing customers to
generate their own use cases. Users will engage with the platform
via a new app, launched as part of this release, allowing them to
make and manage bookings. In addition to the new booking capability
this release also includes completely new user interface for
SwipedOn. This was released to customers over the past weeks to a
very positive reaction.
The new functionality provides an excellent opportunity for
revenue expansion from the SwipedOn customer base of over 4,900
customers. The pricing model is based on a 'per asset/per month',
compared to a 'per location' for visitor, providing the business
with an opportunity to significantly expand its customer ARPU. As
result of this broadening of our engagement with customers this
development is expected to further increase the 'stickiness' of
SwipedOn.
Commenting on the release, Frank Beechinor, Group CEO, said:
"This is a great milestone in the evolution of SwipedOn. The
software development team, under CTO, Matt Cooney, has worked
non-stop over the past year to bring the expanded platform to
fruition.
The focus is now to monetise this extensive development effort.
The SwipedOn sales, marketing and support teams, are all
preprepared to engage customers with the new functionality. To that
end it is pleasing to see that we have already signed our first
paying customers.
During the coming months, the development team will continue to
evolve the platform to add further functionality".
End
Enquiries
SmartSpace Software Plc via Lisa Baderoon
Frank Beechinor (CEO) - Head of Investor
Kris Shaw (CFO) Relations
Lisa Baderoon (Head of Investor Relations)
LBaderoon@smartspaceplc.com
+44(0) 7721 413
496
Canaccord Genuity (NOMAD & Broker)
Adam James +44 (0) 20 7523
Harry Rees 8000
SmartSpace Software plc is a fast growing SaaS-based technology
business, designing and building smart software solutions. The
Company's software solutions help transform employee engagement
with modules which include visitor management, desk management,
meeting room management and analytics.
The operating brands of the Group comprise:
-- SwipedOn - SaaS visitor management, desk booking ( www.SwipedOn.com )
-- Space Connect - SaaS meeting room and desk booking ( www.spaceconnect.co )
For more information go to: www.smartspaceplc.com
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END
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