Lytx Results on a Roll

Lytx®, a leader in video-based driver safety, turned in strong growth in 2015, courtesy of new client wins and existing clients expanding their DriveCam® deployments.

Industry analysts Frost & Sullivan peg Lytx market share at 66 percent.

Among key Lytx milestones in 2015:

• 102,000 new subscriptions sold, bringing total subscriptions to more than 300,00
• 365 new companies adopted Lytx DriveCam™ programs
• Nearly half of existing clients expanded their fleet deployments
• Launched Lytx ActiveVisionSM service, a comprehensive safety system to battle the $175 billion problem of distracted and drowsy driving
• 29th consecutive quarter of double-digit growth in subscriptions
• Booked contract value of nearly $200 million
• Continued to deliver to clients an average reduction in claims of $1,750 per vehicle annually.

Category: Connected Fleet News, General Update