Trakm8 has been shortlisted in two categories for the Grant Thornton Quoted Company Awards 2016.
The telematics company has been shortlisted for technology company of the year and its executive chairman John Watkins has been shortlisted for chairman of the year.
These nominations follow a two-year period of rapid growth for the company, led by John Watkins. Following its takeover of fleet management system provider BOX Telematics in October 2013, it acquired DCS Systems, a Cornwall-based camera company which owns the RoadHawk dashcam brand and supplies customers such as Volvo Cars, TNT Express and Euro Car Parts.
This development has allowed Trakm8 to provide customers with a combined camera and fleet management solution, as well as establishing the foundations for future technological development of integrated cameras and telematics solutions. More recently, December 2015 saw the acquisition of Route Monkey, offering Trakm8 Group with multi-criterion algorithmic solutions, which are used for scheduling, modelling and optimisation of assets in a wide range of sectors including fleet, logistics, energy, and ultra-low emission vehicles.
Trakm8 has expanded its headcount from under 50 staff three years ago to more than 200 today and the Group's turnover has grown from £4.8 million in 2013 to £17.9m last year.
Keith Evans, non-executive director at Trakm8, said: “These nominations are a testament to the success of Trakm8’s overall strategy and recognition of its technical excellence. The Telematics and M2M markets have experienced strong growth which shows no sign of slowing down, and by investing in the latest technology we are well placed to take advantage of this and being shortlisted for these awards reinforces the strong trajectory the team is embarking on.”