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SmartDrive Ranked Number 469 Fastest Growing Company in North America on Deloitte's 2015 Technology Fast 500


smartdrive

Attributes 124 Percent Revenue Growth to Increased Demand for Open, Integrated Video Solutions and Transportation Analytics that Drive Fleet Efficiency

SAN DIEGO - November 16, 2015: SmartDrive, a leader in driving performance solutions that reduce collisions and improve fuel efficiency, today announced it ranked 469 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. SmartDrive grew 124 percent during this period.

SmartDrive's chief executive officer, Steve Mitgang, credits increased demand for open, integrated solutions and transportation analytics that inform fleet decision making with the company's 124 percent revenue growth.

"We are proud to be recognized for the second year in a row in the Deloitte Technology Fast 500. SmartDrive is seeing a significant shift in the market to open, integrated video solutions like ours that are able to leverage transportation 'big data' to drive efficiency gains in fuel, maintenance and safety," said Mitgang. "Our growth is fueled by our platform's unique ability to unify data across the vehicle, combining real-time driving data with advanced video and transportation analytics, making us a clear choice for innovative fleets."

"Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology's continued disruption and proliferation across industries," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year's Fast 500 and look forward to seeing their continued growth into 2016."

"Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries," added Jim Atwell, national managing partner of the emerging company practice, Deloitte & Touche LLP. "We look forward to the opportunity to serve these companies as they strive to grow to the next level – be it towards introducing new solutions or entering new markets – and with it make important and long lasting impressions on the technology market as a whole."

This is the second consecutive year SmartDrive has appeared on the Technology Fast 500.