Powerfleet, Inc.

https://www.powerfleet.com/

Powerfleet, Inc. is a global provider of Artificial Intelligence of Things (AIoT) software-as-a-service (SaaS) solutions, headquartered in Woodcliff Lake, New Jersey. The company's mission, "People-powered AIoT," focuses on empowering customers to achieve impactful and sustained business improvement by transforming raw data into decision-grade intelligence.

Powerfleet specializes in optimizing the performance of mobile assets and resources through solutions for fleet management, asset tracking, freight visibility, and driver behavior monitoring. Its comprehensive suite of offerings, including Asset IoT, AI Video, On-Road IoT, On-Site IoT, and Off-Road solutions, is unified by its Unity Ecosystem. This platform provides a single pane of glass for managing diverse asset types across various industries such as transportation, logistics, construction, government, and material handling, delivering insights into safety, sustainability, compliance, and operational efficiency.

Formed in 2019 from the rebranding of I.D. Systems following its acquisition of Pointer Telocation Ltd., Powerfleet further expanded its market presence through a business combination with MiX Telematics Ltd. in early 2024, where MiX shareholders now hold a majority stake in the combined entity. The company is recognized as a global leader in AI-powered smart cold chain solutions and has recently reported strong financial results, including double-digit revenue growth in fiscal year 2026. Powerfleet continues to forge strategic partnerships, such as with Accenture and TELUS, to enhance its AI-powered safety and video solutions and expand its global reach.

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CID: 4817