{"id":27072,"date":"2012-03-29T13:19:11","date_gmt":"2012-03-29T13:19:11","guid":{"rendered":" https:\/\/www.quartix.com\/?p=27072"},"modified":"2020-09-25T17:58:06","modified_gmt":"2020-09-25T16:58:06","slug":"quartix-wins-barclays-corporate-award","status":"publish","type":"post","link":"https:\/\/www.quartix.com\/en-gb\/news\/quartix-wins-barclays-corporate-award\/","title":{"rendered":"Quartix wins Barclays Corporate Award"},"content":{"rendered":"

Quartix has won the Barclays Corporate prize in this year\u2019s Cambridge News Business Excellence Awards.<\/p>\n

The company met all Barclays\u2019 criteria, including showing market strength in the economic climate, adaptability, good turnover growth, strong market share \u2013 and the ability to diversify into new markets.<\/p>\n

Cambridge News reported:\u00a0\u2018Quartix ticks every box. Vehicle tracking is what this company is all about, but the story is a remarkably daring turnaround which has seen Quartix flourish while its competitors have fallen by the wayside.<\/p>\n

Andy Walters, founder and managing director, started the business just over a decade ago. Growth was steady until the recession hit and customers no longer wanted to invest in tracking their fleet. They could not afford the systems and shied away from industry standard contracts which tied them in for years.<\/p>\n

So Quartix changed its business model, the management invested \u00a32.5m of their own cash and started offering zero-commitment deals. The business took off.<\/p>\n

Quartix then looked at other ways to improve their business and spotted an opportunity in the insurance market, where they now supply credit-card size trackers, fitted in vehicles to monitor driving behaviour, which decides insurance premiums.\u2019<\/p>\n

This year Barclays were looking for contenders who had been trading for at least three years, with a minimum turnover of \u00a35m.<\/p>\n

Mr Walters, who received the award on behalf of the company, said: \u201cWe are extremely proud to have won. It is tremendous to have everyone\u2019s hard work, dedication and innovative thinking recognised in this way.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Quartix has won the Barclays Corporate prize in this year\u2019s Cambridge News Business Excellence Awards. The company met all Barclays\u2019 criteria, including showing market strength in the economic climate, adaptability, good turnover growth, strong market share \u2013 and the ability to diversify into new markets. Cambridge News reported:\u00a0\u2018Quartix ticks every box. Vehicle tracking is what […]<\/p>\n","protected":false},"author":27,"featured_media":25177,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1571],"tags":[],"topic":[],"qtx_fblgauthor":[],"class_list":["post-27072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\nQuartix wins Barclays Corporate Award | Latest News - UK<\/title>\n<meta name=\"description\" content=\"Quartix has won the Barclays Corporate prize in this year's Cambridge News Business Excellence Awards.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.quartix.com\/en-gb\/news\/quartix-wins-barclays-corporate-award\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta 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