MiX Telematics aims to hit big in its market debut amid a hospitable atmosphere among cloud tech venture companies.
MiX, which runs a cloud program for keeping track of fleets, was founded in 1996 and is currently based in Midrand, South Africa. Although it just filed for a U.S. based IPO very recently, it is also currently traded on the on the Johannesburg Stock Exchange
MiX has long been able to construct a solid business. By leveraging on its Big Data, its own platform can assist reduce fuel expenditures, enhance efficiencies, meet regulatory conditions, augment driver protection and even offset robbery. This is all done by providing customers access to innovative dashboards that provide real-time information and facts to users via mobile devices. MiX even provides in-vehicle video tracking, which is vital for risk control.
Though MiX's platform is readily available for small fleet companies its customer list include Chevron, Nestlé, PepsiCo among others.
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