Pages Navigation Menu

SmartDrive Systems doubles growth in 2014

 

 

http://www.ccjdigital.com/tidal-wave-smartdrive-systems-doubles-growth-in-2014/SmartDrive Systems announced record growth in 2014. Growth in its fiscal third quarter, which it just concluded, exceeded 130 percent year over year.

Headquartered in San Diego, the company offers a video-based risk management program for commercial vehicles and transit agencies that is designed to reduce collisions and improve fuel efficiency. In Nov., 2014, CCJ was granted an exclusive visit to SmartDrive’s headquarters.

In making the announcement, SmartDrive attributed growth in 2014, which included an expansion of its customer base by 45 percent, to its continued product innovation, strategic partnerships and customer acquisitions across a number of key vertical markets.

Launched in 2004, SmartDrive says it has stayed focused on identifying unsafe driving and preventing collisions from happening in the future with an open data platform that identifies driving risk, captures video, vehicle, audio and driving data and automatically offloads that video for review by driving experts. To date, SmartDrive’s database has captured and analyzed more than 80 million risky driving events.

“This is an exciting time for SmartDrive,” said Steve Mitgang, chief executive officer. “Our company achieved remarkable growth as the market has begun to embrace video-based safety programs as a key strategic investment. In addition, we have seen our customers measurably reduce their risk, improving safety scores by over 50 percent within weeks of deploying our solution. At the end of the day, our goal is to help our customers protect their company and their freight and, most importantly, bring their drivers home safely.”

Read more…