CAMBRIDGE, MA – October 13, 2022 – Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, today announced it has been recognized as “Vehicle Telematics Company of the Year” in the third annual AutoTech Breakthrough Awards. Alongside CMT, BMW, Toyota, and Lyft were among the 2022 winners named by AutoTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in today’s global automotive and transportation technology markets.

“There’s been significant disruption in the auto insurance and automotive industries over the past few years, and new data sources are leading the way. Analysts expect 7.2 billion active smartphones and over 400 million connected vehicles on the road by 2025. Due to the complexity of normalizing data across IoT devices and vehicles, auto insurers are integrating connected vehicle sources in an ad-hoc way, sometimes relying on data aggregators,” said Bryan Vaughn, Managing Director of AutoTech Breakthrough Awards. “CMT fuses connected car data with other disparate data sources to produce a consolidated view of driving behavior, enabling organizations to run safe driving programs that save people money, time, and even their lives. Congratulations on being our pick for ‘Vehicle Telematics Company of the Year.’”

“We’re thrilled that this AutoTech Breakthrough award recognizes our dedication to making the world’s roads and drivers safer. We will continue to bring new solutions to market that are critical to understanding driver risk, reducing crashes, and helping people in a time of need,” said Hari Balakrishnan, founder and CTO of Cambridge Mobile Telematics.

DriveWell®, CMT’s AI-driven platform, gathers sensor data from millions of IoT devices — including smartphones, proprietary Tags, connected vehicles, dash cams, and third-party devices — and fuses them with contextual data to create a unified view of vehicle and driver behavior.

The mission of the annual AutoTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of automotive and transportation technology categories, including Connected Cars, Electric Vehicles, Engine Tech, Automotive CyberSecurity, Sensor Technology, Traffic Tech, and many more. This year’s program attracted more than 1,500 nominations from over 15 countries worldwide.

About Cambridge Mobile Telematics

Cambridge Mobile Telematics (CMT) is the world’s largest telematics service provider. Its mission is to make the world’s roads and drivers safer. The company’s AI-driven platform, DriveWell®, gathers sensor data from millions of IoT devices — including smartphones, proprietary Tags, connected vehicles, dash cams, and third-party devices — and fuses them with contextual data to create a unified view of vehicle and driver behavior. Companies from personal and commercial auto insurance, automotive, rideshare, smart cities, wireless, financial services, and family safety industries use insights from CMT’s platform to power their risk assessment, safety, claims, and driver improvement programs. Headquartered in Cambridge, MA, with offices in Budapest, Chennai, Seattle, and Tokyo, CMT serves millions of people through 80 programs in 18 countries, including 21 of the top 25 US auto insurers.

About AutoTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AutoTech Breakthrough Awards program is devoted to honoring excellence in automotive and transportation technologies, services, companies and products around the world. The AutoTech Breakthrough Awards program provides a forum for public recognition around the achievements of AutoTech companies and solutions in categories including Connected Car, Electric Vehicles, Engine Tech, Automotive CyberSecurity, Sensor Technology, Traffic Tech, Vehicle Telematics and more. For more information visit AutoTechBreakthrough.com