Seeing Machines pleased with the progress of its Fleet business in challenging year


Seeing Machines Limited (LON:SEE), the transport safety technology company, has said its Fleet (Aftermarket) business continued to grow in 2020 despite the coronavirus pandemic.

The company, which specialises in artificial intelligence-driven operator monitoring systems, highlighted the performance of the division in the Southern Hemisphere, where recovery from the challenged posed by the pandemic has been “reasonably pleasing”.

At the end of November 2020, Seeing Machines said it has a total installed base of more than 26,000 Guardian units, with additional hardware sales of 3,500 units still to be connected, due to vehicle accessibility and the subsequent slower installation rate. The naturalistic driving data collected by Guardian across thousands of units that have travelled more than 5.5 billion kilometres, is unrivalled and fundamental to the company’s world-leading technology, the company said.

In an end-of-year review, the AIM-listed company noted that it now has a total of 15 distributors across Asia Pacific, Europe, the UK, Africa and the Americas.

“I am very pleased with the progress of our Fleet business over the past twelve months as momentum continues around the world, demonstrated by these distributor highlights, and is now being bolstered by significant regulatory influence,” said Paul McGlone, the chief executive officer of Seeing Machines in the statement.

The group said Mike Lenné, a world-renowned Human Factors scientist and the leader of Seeing Machines’ representation on the European New Car Assessment Programme (Euro NCAP), is to take up an expanded role solely focused on Human Factors, with a renewed emphasis on safety, as the company’s chief of human factors and safety, effective February 1, 2021.

“Mike’s transition to chief of human factors and safety is fundamental to our growing influence as a technology leader and I have no doubt his uninterrupted focus on that will positively impact our business, but will also ensure we are respected as experts, something which makes me extremely proud,” McGlone said.

In other personnel news, Max Verberne, a telematics industry veteran, has been appointed the group’s GM Fleet, also effective February 1, 2021, and will bring a wealth of experience to the role and the team, based in Canberra.

“We are delighted that Max will be joining the Fleet team to lead it through its next phase as we focus on growing our base, but importantly navigate through our product roadmap to continue to stay ahead of the growing competition and continue to bring drivers home safely,” the Seeing Machines’ chief executive added.


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