Samsara enables customizable and adaptable
modern driver safety training methods and solutions and helps
customers improve their operations while delivering cost
savings
SAN
ANTONIO, Feb. 18, 2025 /PRNewswire/ -- Frost &
Sullivan researched the commercial vehicle telematics industry and,
based on its findings, recognizes Samsara with the 2024 North
American Company of the Year Award. Samsara is one of the world's
largest telematics providers and a pioneer of connected vehicle
operations and the telematics ecosystem. Samsara offers a platform
that enables organizations that depend on physical operations to
harness the Internet of Things (IoT) data to develop actionable
insights and improve their operations. This industry-leading
platform upholds Samsara's mission of increasing the safety,
efficiency, and sustainability of the operations that power the
global economy. With it, Samsara can help effectively address
rising fuel costs, driver shortages, traffic congestion, road
safety, a lack of streamlined operations, inefficient freight
locators, and challenges locating affordable fleet management
technologies. Samsara's comprehensive Connected Operations®
Cloud includes:
- Video-based safety solutions
- Telematics solutions
- Asset tracking and monitoring devices
- Workforce apps
- A cloud-based data-driven platform
Samsara has pioneered video safety and fleet management
solutions that efficiently provide an all-in-one telematics
portfolio and enable a quick and increased return on investment.
Most competitors only specialize in vehicle telematics. Samsara has
the industry's most user-friendly platform interface, as it
seamlessly integrates with multiple marketplace solution providers.
By leveraging its cutting-edge technology and extensive market
presence, the company has rapidly grown to lead digital
transformation in the North American commercial vehicle telematics
industry. Samsara's platform stands out for its intuitive interface
that empowers customers to navigate features easily, access
real-time data, and generate reports. Samsara's Connected
Operations® Cloud's ease of use enhances the overall fleet
ownership experience by simplifying telematics integration into
daily operations. To further bridge the gap between multi-faceted
services such as navigation, weigh station bypass, and workflow
management, Samsara continuously adds ecosystem partners to
streamline the integration of services in its marketplace.
Mugundhan Deenadayalan, research
manager for Frost & Sullivan, observed, "Samsara's
proliferating growth rate is visible in all three of its main
business units: video-based safety, vehicle telematics, and
equipment monitoring. Both video-based safety and vehicle
telematics contribute more than $500
million each in terms of ARR, and its equipment monitoring
and other businesses generate another $150 million—all increasing at an unmatched 30%
YoY growth rate in the industry. We estimate the company's
installed base grew about 37%, comfortably surpassing its
competition."
Samsara's financial performance also reflects its exceptional
international market growth in Mexico and Europe, with 17% of its Q3 FY 2025 net new
annual contract value coming from markets outside the United States. The company first entered
the Mexican market in 2019 and, in 2024, opened a new office in
Mexico City to support its growing
customer and employee base. Samsara's brand value has taken a
significant leap in recent years as a result of its multi-faceted
marketing approach that includes customer-facing events such as
award ceremonies, contributions to industry publications, targeted
white papers, and customer-centric case studies that help solidify
its position as a valued brand in the field of fleet and asset
management. Organizations such as Great Place To Work® have
recognized Samsara's commitment to excellence in the United States, Mexico, and across Europe. These recognitions highlight Samsara's
ability to align its values and culture with its mission to improve
fleet management solutions and keep pace with the market's evolving
demands.
"Samsara empowers its clients with numerous positive results
through innovative use of data and technology. The company has
garnered a reputation for delivering best-in-class commercial
vehicle fleet management solutions and becoming a trusted partner
to fleets across sectors, thereby solidifying its position as an
industry leader," added Mugundhan. Samsara earns Frost &
Sullivan's 2024 North American Company of the Year Award for its
strong overall performance in the commercial vehicle telematics
industry.
Each year, Frost & Sullivan presents a Company of the Year
award to the organization that demonstrates excellence in terms of
growth strategy and implementation in its field. The award
recognizes a high degree of innovation with products and
technologies, and the resulting leadership in terms of customer
value and market penetration.
Frost & Sullivan Best Practices awards recognize companies
in various regional and global markets for demonstrating
outstanding achievement and superior performance in leadership,
technological innovation, customer service, and strategic product
development. Industry analysts compare market participants and
measure performance through in-depth interviews, analyses, and
extensive secondary research to identify best practices in the
industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned
for its role in helping investors, corporate leaders, and
governments navigate economic changes and identify disruptive
technologies, megatrends, new business models, and companies to
action, resulting in a continuous flow of growth opportunities to
drive future success. Contact us: Start the discussion. Contact us:
Start the discussion.
Contact:
Camila Tinajero
P: +54911 6713 2748
E: Camila.Tinajero@frost.com
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations®
Cloud, which is a platform that enables organizations that depend
on physical operations to harness Internet of Things (IoT) data to
develop actionable insights and improve their operations. With tens
of thousands of customers across North
America and Europe, Samsara
is a proud technology partner to the people who keep our global
economy running, including the world's leading organizations across
construction, transportation and warehousing, field services,
manufacturing, retail, logistics, and the public sector. The
company's mission is to increase the safety, efficiency, and
sustainability of the operations that power the global economy.
Contact:
Trina Somera
E: media@samsara.com
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