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PowerFleet Inc. Company Profile

NASDAQ: AIOTTelecommunicationsTelecommunications EquipmentUSD

2.67+0.025 (+0.95%)

Market open · Delayed 15 min · as of Oct 9, 1:59 PM ET

PowerFleet at a glance

PowerFleet Inc. (NASDAQ: AIOT) is a Telecommunications Equipment company in the Telecommunications sector headquartered in Woodcliff Lake, NJ. PowerFleet is led by Mr. Steve Towe and employs about 2,658 people. At a market capitalization of $353.0 million, it is considered a small-cap company.

Its SEC Central Index Key (CIK) is 0001774170, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does PowerFleet do?

PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions for managing high-value enterprise and mid-market assets in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. It offers unity solution portfolio, which includes unity platform that enables integration with AIoT devices and third-party business systems to a data highway that powers artificial intelligence-driven insights to help customers save lives, time, and money; software as a service based unity modules, which comprises vehicle, video, and in-warehouse IoT for customers to gain visibility and AI-powered insights into their people, assets, and business processes to manage utilization and maintenance, safety, fuel and energy management, and compliance and high-risk incidents; and open application programming interfaces for additional integrations and development to enhance other enterprise management systems and third-party applications. The company also provides hosting, maintenance, and customer support and consulting services; and software as a service, such as system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software update services. It offers its products under the Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete brands. The company markets and sells its wireless solutions to a range of customers in the commercial and government sectors, including construction and heavy equipment, distribution, field services, leasing and car rental, government and public safety, manufacturing and automotive, oil and gas, chemical, transportation and logistics, utilities and telecommunications, and cold chain logistics. The company was formerly known as I.D. Systems, Inc. and changed its name to PowerFleet, Inc. in October 2019. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

Business description based on the company's public filings.

Company information

Legal name
PowerFleet Inc.
Ticker
NASDAQ: AIOT
Industry
Telecommunications Equipment
CEO
Mr. Steve Towe
Employees
2,658
Headquarters
123 Tice Boulevard, Woodcliff Lake, NJ, United States
Phone
201 996 9000
Market cap
$353.01M
SEC CIK
0001774170

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AUDCAudioCodes Ltd.11.45+1.10%$276.43Mvs AIOT
CCOICogent Communications Holdings Inc.8.47-11.45%$433.54Mvs AIOT
CLFDClearfield Inc.33.88+2.23%$460.22Mvs AIOT
TBCHTurtle Beach Corporation13.09+2.83%$234.44Mvs AIOT

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