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"Data fuels everything. Our mission is to develop automated solutions for building and maintaining strong data foundations – delivering confidence in data." - Claire Milverton
In episode two of their Investing for the Long-Term podcast, Judith and Rosemary interview Claire Milverton, the CEO of 1Spatial. 1Spatial is an AIM-listed geospatial technology company with a global customer base, based in Cambridge.
In this fascinating exchange, Claire shares her journey from qualifying as an auditor in her early 20’s to becoming CEO of a UK company that is a global leader in providing software solutions and business applications for managing location and geospatial data.
In the podcast, when asked about taking on the role of Chief Executive, Claire remarked:
“I just got my head down and did the best I could until the board said, you’re doing a really good job; what about taking on the full-time role as CEO? I just went, yes. Absolutely”
00:30 Introducing Claire Milverton, CEO of 1spatial
01:19 Background on 1spatial
02:15 Claire's Career Journey
03:42 Global Reach and Growth
04:05 Building Recurring Revenues
05:40 Challenges and Innovations
14:37 Finance Background and CEO Role
17:14 Investing in Innovation
19:03 Mentorship and Support
21:08 Work-Life Balance
23:06 Being a Listed Company
28:17 Achievements and Advice
31:39 Recommended Books and Podcasts
Judith founded Downing Fund Managers in 2010, the boutique investment arm of Downing, a distinctive suite of funds and investment solutions that differ from the mainstream.
Rosemary manages the VT Downing Unique Opportunities Fund, a strategy that invests in unique businesses that can achieve above-average returns on capital, based on a sustainable competitive advantage.
Risk warnings: Please note that past performance is not a reliable indicator of future results. Capital is at risk. Investments and the income derived from them can fall as well as rise and investors may not get back the full amount invested. Investments in our funds should be held for the long-term and are higher risk compared to investments solely in larger, more established companies. Opinions expressed represent the views of the fund manager at the time of publication, are subject to change, and should not be interpreted as investment advice.
Important notice: This content is for information only and does not form part of a direct offer or invitation to purchase, subscribe for or dispose of securities and no reliance should be placed on it. This content contains information that is believed to be accurate at the time of publication but is subject to change without notice. Whilst care has been taken in compiling this content, no representation or warranty, express or implied, is made by Downing LLP as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified. Downing does not offer investment or tax advice or make recommendations regarding investments. Downing is a trading name of Downing LLP. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference No. 545025).
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