WOODCLIFF LAKE, NJ, Aug 6, 2021 (GLOBE NEWSWIRE) – PowerFleet, Inc. (Nasdaq: PWFL), a worldwide chief and supplier of subscription-based wi-fi IoT and M2M options for securing, controlling, monitoring, and managing excessive -Worth Enterprise Property, received the IoT Evolution Asset Monitoring Award 2021 for its LV-500 photo voltaic monitoring answer with the LV-710 cargo digital camera from IoT Evolution World and IoT Evolution Journal, the main print and on-line voices of the fast-growing Web, get of issues market. The award acknowledges excellent innovation by the usage of IoT applied sciences to automate asset monitoring capabilities with a purpose to improve effectivity, cut back theft or optimize the usage of property.
The PowerFleet LV-500 is the industry’s first multipowered asset monitoring answer that leverages photo voltaic panels, supercapacitors and long-life main batteries for unmatched life and demanding occasion visibility. The LV-500 offers transparency for services similar to trailers and containers with a purpose to enhance utilization and security, optimize the fleet dimension and improve buyer satisfaction. The PowerFleet LV-710 bridges a crucial void within the provide chain for freight carriers, shippers and people concerned within the provide chain to raised perceive the standing of their freight, container or trailer by digital imaging, environmental sensors and real-time updates. It additionally offers correct visible proof of trailer empty and cargo standing, trailer dice utilization, and helps with extra correct buyer billing. Together with the LV-500, these recorded standing occasions may be transmitted nearly in actual time, processed utilizing machine studying algorithms and built-in into transport administration methods (TMS).
“At PowerFleet, we focus our R&D efforts on industry-changing improvements and are excited to be chosen for this industry-leading award by TMC and the IoT Evolution jury,” mentioned Chris Wolfe, CEO of PowerFleet. “The LV-500 and LV-710 are two merchandise which can be extraordinarily in style with prospects and clients, particularly as they handle the upcoming 3G sundown and consider the newest know-how for upgrading their asset monitoring and monitoring options. We’re very happy that our engineering abilities are mirrored in a prestigious award. ”
“I’m delighted to current PowerFleet with an IoT Evolution Asset Monitoring Award for its steady innovation,” mentioned Carl Ford, CEO & Group Developer for IoT Evolution. “As a pacesetter on this quickly evolving industry, I stay up for the long run success of PowerFleet.”
PowerFleet® Inc. (NASDAQ: PWFL; TASE: PWFL) is a number one world supplier and supplier of subscription-based wi-fi IoT and M2M options for securing, controlling, monitoring and managing high-value company assets similar to industrial vans, tractor models, containers, freight and autos and Truck fleets. The corporate is headquartered in Woodcliff Lake, New Jersey and has workplaces all over the world. PowerFleet’s patented applied sciences meet the wants of firms to observe and analyze their property to extend effectivity and productiveness, cut back prices and enhance profitability. Our choices are offered beneath the worldwide manufacturers PowerFleet, Pointer and Cellocator. For extra info, please go to www.powerfleet.com, the contents of which aren’t a part of this press launch.
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