Powerfleet Unveils Sustainability Data-Powered Application
28 Junio 2023 - 11:30AM
FIRST ANNUAL HEARTBEAT
CONFERENCE - Powerfleet, Inc. (Nasdaq: PWFL)
empowers businesses worldwide to drive green initiatives by
modernizing and aligning fleets with corporate environmental,
social, and governance (ESG) initiatives with its SaaS-based
Sustainability Data-Powered Application. This latest addition to
Unity, Powerfleet’s fleet intelligence platform, aims to minimize
carbon footprint and material waste, enhance maintenance and fuel
efficiency, help comply with government mandates, and reduce
overall operational costs while accelerating revenue growth for
customers.
“Climate change, political initiatives to reduce carbon
emissions, and heightening public concerns and social demand for
green practices have made sustainable technology a top motivator
for decision-makers across the board,” said Steve Towe, Chief
Executive Offer at Powerfleet. “We recognize the responsibility we
have as trusted advisors to provide green technologies that not
only benefit the fleet itself but that touch and help unify a
business’s entire operation and ESG strategy.”
The solution is powered by data science and insights from Unity.
Powerfleet’s Unity platform is agnostic, working with any
IoT/telematics device, vehicle, or business system, and provides
parameters beyond those from Original Equipment Manufacturers
(OEMs). This creates a truly open ecosystem that can tie fleet
operations into any business process and its proprietary or
third-party systems for ESG goals and reporting. It consists of a
dashboard with executive-level insights and real-time monitoring
and alerts for fleet managers, along with a mobile app for drivers.
As a result, Powerfleet’s decision-grade data empowers businesses
to increase profits while improving their brand reputation and
loyalty.
Insights can be pulled for a specific trip all the way up to a
full year. This will include:
- CO2 emissions: Discover overall tons
of CO2 produced and saved by your fleet.
- Vehicle efficiency: Identify high
and low emission vehicles in real time. Reduce CO2 by determining
which vehicles need maintenance, or even replacement with electric
vehicles (EV).
- Eco scoring: Track
emission-increasing behaviors, such as idling, per each driver.
Gain insights into ‘miles lost’ from inefficient driving, along
with the opportunity for positive or incentive-based training.
- Budgeting and planning: Use
historical data on vehicle efficiency and eco-scoring to predict
fuel and energy use.
- EV conversion: Detailed fleet
summaries of both electric and gasoline powered vehicles serve as a
guide for electrification. Narrow down to the make, model, year,
amount used, and beyond in correlation with tailgate emissions of
each vehicle. Determine which are the cleanest, and which to switch
out and when with EVs.
“Powerfleet offers an expanded look into vehicle and driver
behaviors critical to ESG initiatives,” said Jim Zeitunian,
Powerfleet’s Chief Technology Officer. “The correlations and impact
of a range of factors from a business’s fleet with its bottom line
is pivotal. This exemplifies our dedication to driving innovation
aligned with the challenges and opportunities of our customers. We
call it ‘People-Powered IoT’ – technology that can save lives,
time, and money – designed specifically for the needs of our
customers and their stakeholders across the globe.”
Powerfleet is a proven leader in electric vehicle telematics and
IoT. To date, Powerfleet is enabling hundreds of electric buses.
This is based on 30+ years of experience developing and
implementing these innovative technologies.
This follows the launch of Powerfleet’s Safety and Security
Data-Powered Application and Powerfleet’s acquisition of
Movingdots, a leading provider of insurance telematics and
sustainable mobility solutions. Additional data-powered
applications spanning visibility, maintenance, fuel, and compliance
are expected to launch now through 2024.
The Sustainability Data-Powered Application will be available in
July of 2023. For more information visit:
https://www.powerfleet.com/sustainability/.
ABOUT POWERFLEET
Powerfleet (Nasdaq: PWFL; TASE: PWFL) is a global leader of
internet of things (IoT) software-as-a-service (SaaS) solutions
that optimize the performance of mobile assets and resources to
unify business operations. Our data science insights and advanced
modular software solutions help drive digital transformation
through our customers’ and partners’ ecosystems to help save lives,
time, and money. We help connect companies, enabling customers and
their customers to realize more effective strategies and results.
Powerfleet’s tenured and talented team is at the heart of our
approach to partnership and tangible success. The company is
headquartered in Woodcliff Lake, New Jersey, with our Pointer
Innovation Center (PIC) in Israel and field offices around the
globe. For more information, please visit www.powerfleet.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTSThis press release contains forward-looking
statements within the meaning of federal securities laws.
Forward-looking statements include statements with respect to
Powerfleet’s beliefs, plans, goals, objectives, expectations,
anticipations, assumptions, estimates, intentions, and future
performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond Powerfleet’s control, and which
may cause its actual results, performance or achievements to be
materially different from future results, performance or
achievements expressed or implied by such forward-looking
statements. All statements other than statements of historical fact
are statements that could be forward-looking statements. For
example, forward-looking statements include statements regarding
prospects for additional customers; potential contract values;
market forecasts; projections of earnings, revenues, synergies,
accretion, or other financial information; emerging new products;
and plans, strategies, and objectives of management for future
operations, including growing revenue, controlling operating costs,
increasing production volumes, and expanding business with core
customers. The risks and uncertainties referred to above include,
but are not limited to, future economic and business conditions,
the loss of key customers or reduction in the purchase of products
by any such customers, the failure of the market for Powerfleet’s
products to continue to develop, the inability to protect
Powerfleet’s intellectual property, the inability to manage growth,
the effects of competition from a variety of local, regional,
national and other providers of wireless solutions, and other risks
detailed from time to time in Powerfleet’s filings with the
Securities and Exchange Commission, including Powerfleet’s most
recent annual report on Form 10-K. These risks could cause actual
results to differ materially from those expressed in any
forward-looking statements made by, or on behalf of, Powerfleet.
Unless otherwise required by applicable law, Powerfleet assumes no
obligation to update the information contained in this press
release, and expressly disclaims any obligation to do so, whether a
result of new information, future events, or otherwise.
Powerfleet Investor Contact Matt GloverGateway
Group, Inc. PWFL@gateway-grp.com (949) 574-3860
Powerfleet Media ContactHeather
Smithhsmith@powerfleet.com(605) 203-0605
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