openPR Logo
Press release

Quartix installs more than 10,000 tracking systems in first half of 2011

08-10-2011 08:33 AM CET | Logistics & Transport

Press release from: Quartix Ltd

/ PR Agency: The Word Service
Confirming its position as an industry leader, vehicle tracking specialist Quartix more than doubled its new fleet tracking installations in the UK in the first half of 2011 compared with the same period last year.

The company is confident of registering further strong growth in both sales and installations in the second half, and expects sales growth of at least 60% over the year as a whole. Turnover is expected to reach £8million.

Commenting on the six-month performance, Quartix managing director, Andy Walters, said: “Response to our pay-as-you-go and 12-month rental contracts has been astonishing, boosting our fleet installations by 124% compared to the same period last year. We have installed more than 10,000 tracking systems in the UK in the first half, and are gaining at least 100 new fleet customers every month.

“Customers no longer want to sign third-party finance agreements over multiple years, because they are aware of the risks and costs associated with them. We still appear to be unique in the industry in having the financial strength and confidence to promote this direct rental approach, based on contracts of 12 months or fewer.
“We expect to increase our output again in the autumn, as we invest in further growth in France and in telematics for insurance applications. Over the past 12 months we have established a strong network of distributors in the UK, and intend replicating this model in France. Although it is still early days for us we have already won some significant French customers.

“We will maintain our focus on organic growth, which has served us well over the first 10 years of our company’s existence.

“Meanwhile, many of our competitors have been wrapped up in the completion of mergers and acquisitions over the past few years, which often leads to a degree of uncertainty among staff and customers alike. The effects of this, coupled with the removal of weaker players, create real market opportunities for organic growth, and we certainly believe that this is part of the reason we are growing at six times the market rate.”

Quartix, with offices at Newtown, Cambridge and Southampton, designs every aspect of its key technology, from telematics hardware to database and user applications. The company expects to launch a range of new software features focusing on driving behaviour and risk assessment in the early autumn, in addition to the release of its latest generation telematics system.

Quartix

Founded in 2001, Quartix has grown to become one of the UK’s most successful vehicle tracking service providers.

Today, more than 3000 customers across a wide range of sectors – including hauliers, logistics companies, government organisations, housing associations, construction, hospital trusts, the emergency services, SMEs and large British brands – use its online service.

Highly flexible, the Quartix system provides users with a fast, efficient, 'point-and-click' source of real-time information, together with tailored e-mail reports. Moreover, it has scope to meet the needs of large corporations and owner-managed businesses alike.

Quartix’s unique tracking unit, with its patented communications protocol, is installed in more than 40,000 vehicles across the UK.

Quartix Ltd

Chapel Offices, Park Street, Newtown, Powys, SY16 1EE

Press contact: Andy Walters on 0870 013 6663 or 07800 022650, email andy.walters@quartix.net

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Quartix installs more than 10,000 tracking systems in first half of 2011 here

News-ID: 186976 • Views:

More Releases from Quartix Ltd

Alton Towers Resort chooses Quartix to track its vehicles
Alton Towers Resort chooses Quartix to track its vehicles
After reviewing the market, Alton Towers Resort has opted for the Quartix system to track their 12 vehicles. They have been using vehicle tracking for 4 years but decided to change suppliers, looking for new features, better pricing and improved reliability. The Quartix system ticked all the boxes, offering driving-style monitoring and flexible 12 month contracts. Chris Richbell, Transport Manager, was also happy to move away from the third-party leasing
Calor Gas chooses Quartix telematics for its national delivery and service fleet …
Quartix, one of the UK’s leading vehicle tracking service providers, has equipped Calor Gas’s national delivery and service fleets with real-time telematics. A total of 520 of the £400-million company’s vehicles, including Scanias, Renaults, Dafs and large tri-axle tanker trailers – operating from centres across the country – have been installed with the award-winning Quartix telematics solution. David Brown, Calor’s fleet asset manager, explained the reasons the company has invested in Quartix
Quartix issues warning on lease-finance contracts
Quartix reports increasing concern over the resurgence of lease-finance contracts for vehicle tracking systems and urges prospective buyers to check their supplier’s financial health. Managing director, Andy Walters, said: “Under this model, customers are asked to commit to payments of £1000 or more per unit – over an extended period – to a bank or finance house, despite the fact that the tracking system has a value of £300 or
Telematics specialist Quartix reports record results for 2011
Telematics specialist Quartix reports record results for 2011
Tracking installations jump 125%: 1300 new fleet customers choose company’s flexible rental option Quartix, one of the UK’s leading vehicle tracking specialists, reports record sales and new installations for 2011, with exceptionally strong growth forecast for 2012. Andy Walters, the company’s managing director, said: “Telematics is entering its most exciting phase yet, as the technology becomes more widely deployed in the commercial market and as it gains rapid acceptance in the private

All 4 Releases


More Releases for Andy

High Plains | Rachelle Bussières, Blaise Rosenthal, Andy Vogt
Johansson Projects presents High Plains, a three-person exhibition featuring the work of Rachelle Bussières, Blaise Rosenthal and Andy Vogt. Ranging in mediums from exposures on gelatin silver photo paper, to reclaimed wood lath constructions, and layered painting and drawing on canvas, these three artists use unique vocabularies to compose reflections of individual experience. Their practices share in the use of time and transmutation, each performing acts of alchemy in the
Andy Lewis MBE hangs up his blade
Andy Lewis MBE hangs up his blade. Paralympic champion announces retirement in the face of a cancelled Tokyo 2020, launches business to support mental health at work. Four years ago today, standing on Rio de Janeiro’s famous Atlantic Avenue, time slowed down for Andy Lewis. Staring out at the Copacabana coastline stretching ahead of him; the heat, the humidity, and a formidable line-up of competitors would make this his biggest challenge in
FireFarm Welcomes New National Sales Manager: Andy Schaidler
(January 2018 – Elkader IA) – Fire Farm is excited to announce the expansion of our sales team with the addition of Andy Schaidler as National Sales Manager. Andy’s role includes managing sales growth and business development for the company, as well as working with Fire Farm’s existing and new independent sales representatives and clients. Fire Farm President Adam Pollock comments: “We’re so happy to add Andy’s
Pop Art: 60th Anniversary Special Auction - Legendary Andy Warhol
Munich, 04 September 2014, (kk) – A very special catalog with a small but select range of works by the Pop Art icon Andy Warhol will be released on occasion of Ketterer Kunst's 60th company anniversary. The choice of sheets – mainly photographs as well as drawings from the early 1950s – by the shy and introvert artist will be auctioned in Munich on 6 December. Never before has the German
Andy Bennett Joins Crestron as Residential Regional Sales Manager
Rockleigh, NJ, July 28, 2011 – Crestron today announced the appointment of Andy Bennett as its new Residential Regional Sales Manager, covering southern California. Bennett joined Crestron from Novidor and Firestone where he was the Southwest Territory Manager. In this position, Bennett will utilize his sales and marketing experience to drive growth and brand awareness of Crestron solutions within his territory. “I am excited to have Andy join our dynamic west
Andy Galloway Joins RSL Funding as Senior Account Executive
RSL Funding Adds Staff In Response To Robust Growth As Top Structured Settlement Purchaser. Mr. Galloway brings top talent to RSL Funding. Houston, TX, May 20, 2011 -- RSL Funding, industry leaders in purchasing structured settlements, lottery winnings and annuities, added Senior Account Executive Andy Galloway to its growing team of seasoned sales and financial services professionals. Having increased its structured settlements purchasing sales staff by 25% in 2010, RSL Funding