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Space-Time Insight Opens UK Office to Serve Asset-Intensive Industries in Europe, Middle East and Africa

SAN MATEO, CA -- (Marketwired) -- 01/15/14 -- Space-Time Insight, the market-leading provider of situational intelligence solutions, has opened a new office in the United Kingdom to serve business in Europe, the Middle East and Africa (EMEA). The establishment of a market presence in Europe follows a successful $20 million Series C financing in September 2013 led by London-based private equity fund, Zouk Capital.

Leading the new office is Mike Lewis who has joined the Space-Time Insight team as Vice President and General Manager, EMEA. Lewis has 28 years of enterprise software applications experience, 15 years of which were spent with global enterprise software provider SAP where he worked with large enterprise accounts in the energy, utilities and telecommunications industries.

Joining Lewis is Richard Higgins, an executive with 20 years of enterprise software sales experience in the energy, gas and water sectors. Lewis and Higgins will collaborate with Klaus Heimann, a member of Space-Time Insight's advisory board and former Senior Vice President of SAP AG, to penetrate the European market.

Space-Time Insight has had much success in North America, applying its real-time visual analytics software to strategic operational applications at companies like the California ISO, Hydro One, Southern California Edison, and Sacramento Municipal Utility District. Space-Time Insight has already secured a number of customer accounts in Europe and Africa including a situational intelligence system developed by Unicorn Systems for Czech Electricity Transmission System Operator, ČEPS.

"The opportunities for situational intelligence in EMEA are significant, especially as more businesses are challenged to gain insight into big data systems," said Rob Schilling, CEO of Space-Time Insight. "We are pleased to have an executive with Mike Lewis' experience leading the EMEA team and look forward to many more successes in the region."

About Space-Time Insight

Space-Time Insight helps companies in asset-intensive industries make faster, more-informed decisions. Our real-time visual analytics applications correlate, analyze, and visualize large volumes of business, operational and external data, spatially, over time and across network nodes. Space-Time Insight's award-winning software powers mission-critical systems for some of the largest companies around the world, helping them reliably, efficiently and economically deliver services and rapidly plan for and respond to a full range of operating events. Space-Time Insight partners with leaders in the industry including Accenture, EMC, Esri, IBM, OSIsoft, SAP and Unicorn Systems. Space-Time Insight is privately held and based in San Mateo, CA. For more information, visit http://www.spacetimeinsight.com.

Note: All product and company names are trademarks of their respective companies.

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