Lytx signs 900+ fleets to video-based DriveCam safety program in 2016

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Updated Feb 22, 2017

View from the inside of a semi-truck's cabLytx announced that more than 900 fleets from all segments became new clients in 2016, contributing to double-digit growth for the company and bringing its total client count to more than 2,200.

Nearly half of Lytx’s existing clients expanded their DriveCam deployments in 2016. DriveCam is a video telematics safety program that now protects more than 650,000 drivers. Lytx also announced that it maintained a 65 percent market share – five times that of its closest competitor — according to industry analysts Frost & Sullivan.

In the announcement, Lytx cited key business achievements in 2016 that include:

  • 101,000 new subscriptions sold with total subscriptions at more than 400,000
  • Introduced Lytx Unisyn cloud-connected, multi-view video platform
  • 33rd consecutive quarter of double-digit growth in subscriptions
  • Added contract commitments of more than $220 million during 2016
  • Continued to deliver to clients an estimated average reduction in claims of $1,750 per vehicle annually plus additional savings in fuel consumption and maintenance due to safer driving habits.

Some of the largest new Lytx clients in 2016 were:

  • National Express, LLC (U.S.)
  • Ryder
  • Saia LTL Freight
  • Hirschbach Motor Lines
  • Trimac Transportation System
  • 450 FedEx Ground linehaul contractors
  • Eagle Transport
  • Andrus Transportation
  • The Kroger Co.
  • Pilgrim’s Pride