Trakm8 inks supply contract with Calor Gas

UK-based big data company, Trakm8 announced it has been awarded a five-year contract by Calor Gas UK.

The project will see Trakm8 supply its integrated RoadHawk 600 camera and telematics solutions with integrated driver behaviour and data analytics to Calor's reseller partner, Dakota Integrated Solutions.

Valued at over £1.3m, the contract stated initial deployment of the units would commence before the end of 2017.

John Watkins, Executive Chairman of Trakm8 commented: "We are delighted to be awarded this contract with Calor. It is another major customer to move forward with our latest integrated camera and telematics proposition and it provides additional visibility for current year revenues and profitability."

As of 0900 BST, Trakm8 Holdings shares were little changed, trading 0.58% lower at 85.01p.