Powerfleet, Inc. provides AI-powered IoT and machine-to-machine (M2M) telematics solutions for enterprise asset management. Originally founded as I.D. Systems in 1993, the company rebranded to Powerfleet following strategic acquisitions that expanded its global footprint and technological capabilities. The company's core offering is its cloud-based Unity platform, which ingests and harmonizes data from various IoT devices and third-party systems to monitor and manage mobile assets. Powerfleet's solutions address fleet management, in-warehouse IoT, AI video analytics, and freight visibility, catering to industries such as transportation, logistics, manufacturing, and equipment rental. Generating the majority of its revenue through recurring SaaS subscriptions, the company operates globally with a significant presence in the Americas, Europe, and the Middle East.
