27th June 2018
Telematics specialist, Trakm8, has announced a contract extension with FMG which will see the company provide its telematics-based services for a further three years.

Trakm8 has been working with FMG, the UK's leading independent provider of Fleet Incident Management and Specialist Vehicle Recovery services, since 2011 and currently provides telematics services for approximately 5000 FMG vehicles.

FMG's 'Ingenium Dynamics' Driver Behaviour Telemetry solution uses Trakm8's telematics devices to extract raw driver behaviour data from vehicles. This data is then fed into FMG's system to create risk profiles for each of its customers.

Under the contract, which came into effect on 1 June 2018, it is expected that the requirements will increase by 1000 vehicles per year over the three-year period.

John Watkins, Executive Chairman at Trakm8, said: 'Trakm8 has been working with FMG since 2014 when we shipped our first units and this has subsequently increased to about 5,000 FMG vehicles. This is a great example of how the stickiness of our products enables Trakm8 to grow with its clients and subsequently increase the number of connections. We look forward to continuing our successful relationship with FMG going forwards.'

Harvey Stead, Commercial Director at FMG, said: 'There is a strong appetite for improving driver behaviour as more fleet decision-makers recognise the benefits of running a flexible, safe and efficient fleet operation. By working in close partnership with Trakm8, FMG are able to provide a technologically advanced solution which ultimately optimises driver safety and reduces incident frequency and severity.'

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Trakm8 Holdings plc published this content on 27 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 June 2018 09:12:04 UTC