Quartix announced that they have been awarded the 2018 Queen’s Award for Enterprise in the category of innovation.
The award recognises the innovation and “outstanding results” in the development of the Quartix SafeSpeed Database.
Quartix’s chief executive Andy Walters (pictured) said: “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.”
SafeSpeed Database allows 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.
It also helps to mitigate risk of accidents and potentially costly vehicle repairs.