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Lytx Celebrates 25 Years of Category-Defining Technology and Industry LeadershipVideo safety and video telematics pioneer accelerates the pace of innovation with powerful solutions that drive digital transformation and save lives SAN DIEGO, May 10, 2023 /PRNewswire/ -- Lytx® Inc., the global leader in video safety and video telematics, celebrates 25 years of forging the intersection between safety and technology. From its inception in 1998, Lytx's vision has been to help fleets get their drivers safely home to their families through the utilization of cutting-edge technology. After the company introduced the original DriveCam® device in 1999, the first ever crash recording device for vehicles, Lytx jump-started a new industry and continues to revolutionize the telematics market today. Over the past 25 years, Lytx has developed and introduced numerous technological advancements that have accelerated the industry forward and awarded the company over 195 issued and pending patents. Its machine vision and artificial intelligence (MV+AI) technology, first introduced in 2015, quickly became the gold standard for companies looking to detect distractions and risk, inside and outside the vehicle. Working closely with thousands of clients and millions of drivers, Lytx continues to innovate new ways to help fleets operate more safely and efficiently, while saving lives. "Since the earliest phase of our relationship, Lytx has been there for us," said Steve Scannell, Transportation Safety Senior Regional Manager at Walmart. "Over the years, we've come to think of Lytx as a partner rather than just a vendor. They're always there to listen to our needs, helping us solve problems and innovate solutions to help us be safer and stronger." Today, Lytx works with more than 5,000 of the world's most forward-thinking fleets to innovate solutions that benefit the entire industry through Lytx Lab, the industry's first and only innovation platform where clients connect with our product team directly in their Lytx Account. "Lytx has been fortunate to have had the opportunity to work with clients who are innovators and disruptors in their own sectors. Our clients care deeply about their workers, their customers, and their communities. Together, we're proud to have been part of a 25-year movement to make the world a safer, better place with technologies that protect and connect organizations and their workers," said Brandon Nixon, Chairman and CEO of Lytx. "We're looking forward to the next 25 years of collaborating with our clients to develop breakthrough solutions that drive greater performance and operational efficiencies." Additional company milestones include:
Lytx is investing in the next 25 years with the Lytx Vision™ Platform, featuring the only API-first platform in the market for building value-added video safety and video telematics applications using MV+AI. The Lytx Vision Platform further leverages the power of the company's expertise in video services, big data, and AI to give companies powerful, scalable, and configurable technology and tools they can use to integrate with other applications and to create their own custom solutions. "Innovation is in our DNA," said Rajesh Rudraradhya, Lytx's Chief Technology Officer. "From the company's inception, our relentless drive to advance safety and operational efficiency has led us to introduce cutting-edge technologies that have helped propel the industry to where it is today. Now, 25 years later, we remain committed to breaking new ground, exploring the frontiers of technology, and reinventing ourselves based on the needs of our clients and the industry as a whole." About Lytx Contact: View original content to download multimedia:https://www.prnewswire.com/news-releases/lytx-celebrates-25-years-of-category-defining-technology-and-industry-leadership-301820464.html SOURCE Lytx, Inc. |