Connected vehicle software provider, Tantalum Corporation, is ranked 14th in the Sunday Times Hiscox Tech Track 100
Date: 14 September 2015
Tantalum Corporation, one of Europe’s top ‘connected vehicle’ companies, has been ranked 14th
in the 2015 Sunday Times Hiscox Tech Track 100* which ranks Britain’s 100 fastest-growing private technology, media and telecoms companies by sales over the latest three years.
Addressing 528,000 vehicles across consumers, fleets and OEMs, Tantalum has best in class software and a proprietary mesh network. Its track record boasts saving fleet customers up to 16% in fuel costs, and insurance claims costs by up to 53%; recovering over £500 million worth of stolen vehicles and a repository of over a billion miles of driven data.
Having recently passed the strategic milestone of 500,000 vehicles connected, Tantalum is now well positioned to drive the market as an innovator in the automotive “Internet of Things” (IoT) sector, as it continues to drive monetisation and sales growth on a global basis through the roll out of its broadening eco-system of services.
The company’s products have the capability to analyse real time data from over 270 data points within a vehicle, with patented algorithms. Its technology enables fleet customers to optimise performance by providing real time feedback and monitoring driver behaviour and vehicle prognostics and diagnostics.
Led by CEO, Cédriane de Boucaud, the company is backed by a consortium of angel investors and venture capital firms, including the Sustainable Technology Fund and Disruptive Capital Investments Ltd. Comments Cédriane de Boucaud: “We are proud to be ranked 14th
in this prestigious league table. This not only endorses our efforts to secure our place as a leading provider of connected vehicle products and services, but confirms our standing within the technology community. We look forward to continued growth, investment and technological advancement in the year ahead.”
The Tech Track 100 league table and awards programme is sponsored by Hiscox, Barclays, BDO and Business Growth Fund and compiled by Fast Track, the Oxford-based research and networking events firm.
Steve Langan, CEO of Hiscox Insurance Company, the title sponsor of the league table, commented: “Tech is one of this country’s most exciting sectors right now. It’s a phenomenal success story with impressive growth and innovation that has shown the UK deserves its position as a tech hub. There is much that other sectors could – and should – learn from UK tech, particularly when it comes to staying relevant and being agile. Every single one of this year’s Tech Track 100 businesses has made an important contribution to its sector and the wider economy, and that’s something to be immensely proud of.”