News: Quartix Granted Queen’s Award for Enterprise

Today Quartix, is delighted to announce that we have been awarded the 2018 Queen’s Award for Enterprise in the category of Innovation. The award is in recognition of demonstrating innovation and outstanding results in the development of the Quartix SafeSpeed Database. The Queen’s Awards for Enterprise are the UK’s most prestigious business awards, recognising and celebrating business excellence across the UK.

Andy Walters, Quartix CEO said: “We are delighted and honoured to receive this prestigious award in recognition of the development of the Quartix SafeSpeed Database. For several years, Quartix has been gathering data on the average speed on over 1 million road segments in the UK.  The data led to the development of the SafeSpeed Database which helps identify risky driving behaviour based on ‘safe’ speeds as opposed to ‘legal’ speeds. This information is available to our UK vehicle tracking customers to help improve road safety and manage risks.”

When first developed, the SafeSpeed Database allowed insurance providers to identify ‘risky driving behaviour’ in young drivers. This information was consequently used to educate the young drivers how to improve and drive more safely. Quartix now uses this information to provide a ‘Driver Score’ as part of the Driver Monitoring Reports for their vehicle tracking customers. The ‘Driver Score’ is based on the driver’s actual speed on a particular stretch of road, compared with the average speed of other professional road users.

The SafeSpeed Database helps to mitigate risk of accidents and potentially costly vehicle repairs. Academic research has proven that when organisations have a strong safety culture with well-defined policies and procedures, there is a significant positive impact on drivers’ intentions to speed.

For more information about the SafeSpeed Database, a whitepaper is available at www.quartix.net/learn/safespeed-database/

For information about the Queen’s Award for Enterprise, visit https://www.gov.uk/queens-awards-for-enterprise

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