TIDMIQG
IQGeo Group PLC
01 November 2023
RNS REACH
IQGeo Group plc
("IQGeo", the "Company" or the "Group")
Capital Markets Day and Product Strategy Update
IQGeo (AIM: IQG), a developer of geospatial software that is
"Building better networks" for telecom and utility operators, will
host a Capital Markets Day for analysts and investors and provides
an update on the strong initial customer reaction to its "Editions"
strategy.
Capital Markets Day
The Company will host a Capital Markets Day for analysts and
investors on 29 November 2023.
Richard Petti, CEO, will be joined by senior leaders from across
the Company, with product demonstrations and Tier-1 customer
testimonials to showcase how the Group's lifecycle network
management software strategy are vital to the success of its
customers, and why they have confidence in the IQGeo team.
The event will set out more detail on the Group's total
addressable market and its dynamics, notably high levels of
investment in fibre broadband rollout and utility grid
modernisation, that underpin IQGeo's confidence in its prospects
for the future. The presenters will provide insight into the
Group's strategic priorities of growing ARR as a proportion of
overall revenue, product development plans, and the uniqueness of
the Group's existing product set. Presentations will include:
-- Market overview and 'Land & Expand' revenue strategy
-- North American overview and AT&T customer story
-- EMEA overview and Comsof acquisition integration story
-- Customer testimonials
-- Live demonstration of the IQGeo award-winning software
The Capital Markets Day is for institutional investors and
sell-side analysts only. Hosted by Cavendish at its offices in 1
Bartholomew Close, London EC1A7BL, presentations will start at
10.00am and will run until 12.30pm. Places are limited so if you
would like to attend in-person please contact IR@cavendish.com.
There will also be a live webcast for attendees who wish to join
the event virtually and a copy of the presentation will be
available on IQGeo's website after the event.
There will be no new material financial information provided at
the Capital Markets Day. The Company published its half-year
results on 25 September 2023 in which the Group demonstrated strong
performance and growth across all key financial metrics from its
continued focus on its core telecoms and utility markets. The Board
reiterates the outlook set out in the interim financial statements
and its high level of confidence in achieving growth aspirations
for this current financial year and the next is underpinned by a
strong and growing pipeline of near- and longer-term revenue
opportunities.
Product Strategy Update
The Company recently announced a new go to market strategy for
its Network Manager Telecom software with three new Editions called
Insight, Professional, and Enterprise to provide rapid startup for
fibre network operators and a seamless path to automating and
scaling up business processes. These different Editions are
designed to provide fibre operators of any size and scope with a
network management solution that meets their technical and budget
requirements, and allows IQGeo to address a wide range of potential
customers through a single software platform, with a seamless
upgrade path as their networks scale.
The Enterprise Edition is for those customers that demand more
advanced configuration and customisation for their network
deployments, designed particularly for the Company's traditional
customers amongst large and medium and telecoms and utilities
network operators.
The Insight and Professional editions are designed as a
software-only packaged solution that can be running in reduced
timescales without need for custom configuration. The Insight
Edition has been successfully launched as the upgrade path for the
Company's OSPInsight software customer base, acquired by IQGeo in
December 2020, and follows a subscription-based SaaS revenue
model.
The Company has been pleased with customer reaction to the
Insight and Professional editions with two new customers already
subscribing to this solution since the US launch in October and a
significant pipeline growing on the back of interest from both its
OSPInsight customer base and new customers alike.
For further information contact:
IQGeo Group plc +44 1223 606655
Richard Petti
Haywood Chapman
Cavendish Capital Markets Ltd +44 20 7220 0500
Henrik Persson, Seamus Fricker (Corporate Finance)
Tim Redfern, Charlotte Sutcliffe (ECM)
This is an RNS Reach announcement and the information contained
is not considered to have a significant impact on management's
expectations of the Group's performance. RNS Reach is an investor
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Notes to Editors
About IQGeo
Telecommunication, fibre, and utility operators are "Building
better networks" with IQGeo's award-winning network management
software. The ability to powerfully model any network requirement,
integrate every system and data source, and support field and
office teams with continual innovation is helping operators create
the networks of the future. Our solutions ensure greater cross-team
collaboration and process efficiency throughout the network
lifecycle, from planning and design to construction, operations,
and sales.
Whether it's highly competitive fibre and 5G broadband rollouts
or complex utility grid modernisation projects, customers trust
IQGeo's Integrated Network and Adaptive Grid solutions. We partner
with large multinationals and smaller regional operators to deliver
the digital innovation they need to accelerate time-to-revenue,
increase network resilience, improve operational safety, and
deliver ROI.
For more information visit: www.iqgeo.com/
Copyright (c) 2023, IQGeo UK Limited. IQGeo is a registered (R)
trademark
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