Based on recent analysis of the telematics market, Frost & Sullivan recognises MiX Telematics as the recipient of the 2016 South African Company of the Year Award. As a leading global provider of fleet and mobile asset management solutions, MiX Telematics serves a range of industries and customer types by offering superior, value-driven products and services that guarantee rapid return on investment.
Using the software-as-a-service (SAAS) delivery model, MiX Telematics provides products and services for enterprise fleets, small fleets and consumers with solutions for efficiency, safety, compliance and security in more than 120 countries across 6 continents. In South Africa specifically, MiX Telematics addresses the needs of both the consumer seeking low-end vehicle tracking solutions as well as large companies seeking advanced telematics solutions. Through Beame, the company offers consumers an affordable, wireless stolen vehicle recovery (SVR) service with one of the highest recovery rates in South Africa. Matrix, another MiX Telematics consumer brand, offers a wide range of personal safety features in addition to superior vehicle tracking and recovery services.
MiX Telematics has traditionally been an early adopter of emerging technologies and, therefore, has the first-mover advantage in untapped markets. Matrix was the first consumer brand in South Africa to roll out a vehicle tracking and recovery product based on the Global System for Mobile Communications (GSM). Furthermore, the early adoption of cloud-based software, an annuity revenue model, and a software-as-a-service based model have enabled MiX Telematics to establish its leadership in the telematics industry and develop a successful commercial model.[Full Story.]