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SAN DIEGO, April 14, 2021 /PRNewswire/ Lytx
®, a global leader in video telematics solutions, today announced it achieved record revenue in 2020, driven by a 63% increase in new customers along with significant demand from current clients for its industry-leading machine vision and artificial intelligence (MV+AI) technology. The growth trajectory continued in Q1 2021 with Lytx reporting a new quarterly record of over 100,000 new and upgrade subscriptions to its best-in-class MV+AI technology. In a year filled with uncertainty, we accelerated our growth by focusing on delivering value to clients as they rose to the challenge brought on by the global crises of 2020, said Brandon Nixon, Chairman and CEO of Lytx.