Quartix USA

About Quartix USA

Established in 2001, Quartix Technologies plc is a supplier of subscription-based vehicle tracking systems and telematics services. The company was founded by four industry professionals, including Andy Walters, who leveraged their extensive experience in systems design, telemetry, and communications to create a web-based vehicle tracking solution. Walters, who holds an MA in electrical sciences from the University of Cambridge, previously served as Managing Director for a subsidiary of Spectris plc and spent 15 years at Schlumberger. He returned to an executive role in late 2023, becoming Executive Chairman.

Quartix serves a diverse client base that spans from small and medium-sized businesses to large corporations across various sectors, including construction, transportation, field services, and distribution. The company's business model is centered on generating recurring revenue through subscriptions to its fleet management services, with options for customers to rent hardware monthly or purchase it outright. This subscription model accounted for 98.8% of total revenue in 2023. Publicly listed on the London Stock Exchange's AIM market, Quartix operates in the UK, France, the USA, and other European countries, with over 42% of its revenue originating from outside the UK as of the 2024 financial year.

The core offering is a GPS tracking system that provides real-time data on vehicle location, speed, and acceleration. This data is accessible through a web-based platform and mobile app, eliminating the need for proprietary software. Key features include live tracking, driver timesheets, route history, geofencing alerts, and in-depth reporting on driver behavior and vehicle maintenance. The system is designed to help businesses enhance productivity, reduce fuel costs, improve driver safety, and streamline operations. Quartix offers several tiered plans, such as Info Point and Info Plus, which provide different levels of functionality, including driver ID, temperature monitoring, and integrations with fuel cards. The company has installed over 800,000 units and serves more than 30,000 fleet customers globally.