Powerfleet provides fleet and asset management software through its Unity cloud-based SaaS platform. Unity collects data from IoT sensors attached to mobile assets, including vehicles, forklifts, trailers, and containers, to provide analytics and operational insights. Customers use the platform to monitor driver safety, automate regulatory compliance, track assets in real-time, and optimize fleet utilization. Powerfleet serves customers across various industries, such as logistics, manufacturing, and retail, with a client list that includes Walmart and Ford. The company organizes its offerings into two primary categories: On-Site, which covers warehouse equipment like forklifts and tuggers, and On-Road, which focuses on heavy trucks and rental cars. Its business model relies on recurring SaaS subscriptions, where hardware sales serve as a deployment vehicle for ongoing software services. Powerfleet distributes its products through a direct sales force and indirect channel partnerships with telecom carriers like AT&T and TELUS. The company’s growth strategy centers on using its On-Site safety solutions as a wedge for large enterprise customers before expanding into broader on-road offerings. Powerfleet differentiates itself by providing a single platform that covers both warehouse and road operations while remaining hardware agnostic to integrate with various third-party devices and existing customer infrastructure.