Quartix has been ranked Number 38 in the Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in the UK.
Deloitte reviewed fiscal year revenues and calculated the average percentage revenue growth for each nominated company over the past five years.
Quartix grew 1,130% during this period and inclusion in the listings is a significant accomplishment.
Established in 2001, Quartix has enjoyed high levels of annual growth and has seen sales of its tracking devices more than double in the first quarter of last year.
Its internet-based vehicle tracking system is used by more than 1,500 cross-sector companies in more than 13,500 commercial vehicles.
Commenting on the ranking, Simon Kerton-Johnson, chairman of Deloitte’s UK Fast 50, said, “Being one of the fastest growing technology companies in the UK is an impressive accomplishment.”