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IQGeo signs major new contract to deliver a utility disaster assessment solution for Japanese public authorities

Cambridge, 15 February 2023 - IQGeo Group PLC (AIM:IQG), a developer of geospatial software that is 'Building better networks' for telecom and utility operators, said it has signed a major new contract with NESIC in Japan to deliver a utility disaster assessment solution for Japanese public authorities.

The £1.9mln deal over five years with NESIC includes IQGeo's software platform and mobile capabilities consisting of a £1.0mln licence and associated support and maintenance.

In a statement, Richard Petti, IQGeo's CEO, commented: "We're pleased to be working with our partner NESIC on this essential service for the Japanese market. IQGeo is leveraging our dominant position in utility industry emergency response market to create a significant new SaaS channel aimed at Japan's public service authorities."

IQGeo has a long-standing integration partnership with NESIC which has provided disaster assessment and emergency response solutions to some of Japan's largest electric utility operators.

In this latest project, NESIC is using the IQGeo software to create a disaster assessment and digital service provisioning platform for government authorities and public interest organizations. The new solution integrates a wide range of data streams and weather analytics into a single IQGeo geospatial dashboard for office-based and mobile field crews.

The solution enables public service authorities to effectively monitor and manage their disaster response activities during Japan's frequently severe typhoon, earthquake and tsunami incidents.


This announcement was originally published on the London Stock Exchange and Proactive Investors. 

Topics: Utilities, News



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