Ubisense Group Plc provided trading update for the year ending 31 December 2017. The company showed strong revenue growth for its own RTLS SmartSpace and myWorld products, particularly in North America, with its own product revenues increasing by more than 25% over the prior year. In addition to the announced contract wins, Ubisense continued to sign both new deployments and expansion projects during the year. Own product revenue growth has more than offset the expected transition away from legacy third party services projects. As a result, the company expects overall revenues to have increased over the previous year.