Company Market Research Report: IMETRIK Global Inc.
Company Overview
Name: IMETRIK Global Inc.
Mission: Simplifying our clients’ business decisions and processes related to asset management.
Founded: April 4th, 2005, by Guy Chevrette
Key People:
- Founder & CEO: Guy Chevrette
Headquarters:
2000 McGill College Ave, Suite 600, Montreal, QC, Canada, H3A 3H3
Number of Employees: No information available
Revenue: No information available
What the Company is Known For: IMETRIK is known for being a turnkey Telematics Services Provider and a one-stop-shop M2M (Machine-to-Machine) Solutions Provider, specializing in the automotive industry and offering end-to-end solutions including hardware design, mobile network operations, and cloud-based data platforms.
Products
UBI Solutions
Product Name: Automotive Insurance Telematics
Description: Usage-based insurance (UBI), also known as telematics insurance, black box insurance, and PAYD/PHYD/MHYD, helps insurance companies improve risk management and attract more customers.
Key Features:
- Monitored vehicles on the road: +100,000
- Accurate data collection and driving behavior analysis
- Dynamic and adapted offers for customers
- Mileage driven, harsh braking, sudden acceleration, and time of day data tracking
GPS Solutions
Product Name: Vehicle Finance Telematics
Description: A global GPS vehicle location and tracking service focusing on the subprime industry with 5G compatible IoT technology to improve payment timeliness, reduce repossessions, and increase profits.
Key Features:
- Installed vehicles: +1,500,000 in American, Canadian, and European markets
- Payment reminder, starter interrupt, locate functionality
- Reduces skips by 80%
- Cuts delinquencies by 75%
- Boosts on-time payments by 70%
- Decreases repossessions by 65%
Recent Developments
What are the recent developments in the company: No specific recent developments provided
What are the new products launched: No information available
What are the new features added to the existing products: No information available
Any new partnerships: No information available
Contact Information
Head Office:
2000 McGill College Ave, Suite 600, Montreal, QC, Canada, H3A 3H3
Email: info@imetrik.com
Phone: 1-866-276-5382
Support: 1-866-276-5382 ext: 5
Website: [www.imetrik.com](http://www.imetrik.com)
Fax: 514-904-0611
Historical Milestones
- 2003: Guy Chevrette founds Connectif Solutions, the precursor to IMETRIK.
- End of 2004: IMETRIK patents its components.
- Mar 2005: First deal with a client in the photocopier and vehicle finance sectors in the US.
- Apr 4, 2005: IMETRIK Global Inc. is officially founded.
- Sep 2005: Introduced first version of Device Network Platform.
- Jan 2006: Presented first GSM 2G platform at CES, featuring GPS location and ignition interruption.
- 2008: Sold over 50,000 units annually for Vehicle Finance Telematics.
- 2011: Sold over 100,000 units annually for Vehicle Finance Telematics.
- May 2013: Launched first UBI solution with Desjardins General Insurance Group and The Personal in Quebec and Ontario.
- May 2014: IMETRIK rebranding and new website launched.
Conclusion
IMETRIK Global Inc. has established itself as a leader in telematics services and M2M solutions by continually innovating and expanding its product offerings, particularly in the automotive and insurance sectors. The company's robust suite of products facilitates enhanced asset management, payment assurance, and risk management for its clients, making it a pivotal player in the telematics industry.
