PowerFleet, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Steve Towe
- Full Time Employees
- 780
- Sector
- Technology
- Industry
- Communication Equipment
- Address
- 123 Tice Boulevard Woodcliff Lake NJ United States of America 07677
- IPO Date
- Jun 30, 1999
- CIK
- 0001774170
- Website
- powerfleet.com
- Similar Companies
- Business
- PowerFleet, Inc., trading under the Nasdaq ticker AIOT, delivers advanced Artificial Intelligence of Things (AIoT) software-as-a-service (SaaS) solutions for optimizing the performance of mobile assets, ensuring safety, and promoting sustainability globally. The firm specializes in telematics and machine-to-machine technologies, offering real-time intelligence that enables organizations to efficiently manage, monitor, and secure their high-value assets. Through its innovative Unity platform, PowerFleet gathers and unifies data from various devices and sensors, transforming raw information into actionable insights presented through intuitive dashboards, comprehensive reports, and immediate alerts. This robust ecosystem additionally provides application programming interfaces to seamlessly integrate with existing enterprise management systems and third-party applications. The company's extensive service offerings encompass hosting, ongoing maintenance, dedicated support, and expert consulting. These solutions, delivered through a scalable SaaS model, include continuous system monitoring, technical assistance, in-depth diagnostic data analysis, and regular software updates. PowerFleet's products are available under the distinguished brand names PowerFleet, Pointer, and Cellocator. PowerFleet serves a wide array of commercial and governmental clients across diverse sectors, such as transportation and logistics, manufacturing, construction, utilities, agriculture, healthcare, and vehicle rental industries. With a significant international presence, the company supports over 48,000 customers in more than 120 countries, including many Fortune 500 enterprises. Distribution occurs through direct sales as well as an expansive network of indirect channels, including original equipment manufacturers, vehicle importers, and industrial equipment dealers. Headquartered in Woodcliff Lake, New Jersey, PowerFleet maintains a global operational footprint, highlighted by its key technology innovation center located in Israel. Recent strategic moves include the transformative acquisitions of MiX Telematics in April 2024 and Fleet Complete in October 2024, which have significantly bolstered its standing as a prominent global AIoT SaaS provider. The company has garnered notable industry accolades, such as the Frost & Sullivan 2025 North America Product Leadership Award and recognition by ABI Research as a leading innovative global tech firm for its Unity platform.
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