Newsroom

Full Range of 4G Fleet & Asset Trackers by Powerfleet Available Through Telstra

Powerfleet has introduced a comprehensive range of 4G LTE fleet and asset tracking solutions in Australia, now available through Telstra’s 4G network. These advanced GPS-based trackers cater to various industries, including courier services, construction, logistics, agriculture, and more. The new 4G trackers offer 10 times faster transmission than 3G, allowing businesses to monitor vehicles, high-value equipment, and remote workers all on a single platform.

Powerfleet Continues Global Expansion with Acquisition of CSI

Powerfleet has announced the acquisition of Centro de Soluciones Inalámbricas (CSI), a leading telematics provider in Mexico, to accelerate its growth in the region. This strategic move follows Powerfleet’s successful launch with AT&T Mexico and strengthens its position in the Mexican market. CSI, headquartered in Merida, has over 200 employees and approximately 60,000 active users across 1,800 businesses. The acquisition will enhance Powerfleet’s global platform, expanding its subscriber base to 600,000 worldwide.

Tony Lourakis of Powerfleet Wins EY Entrepreneur Of The Year® 2019 Ontario Award for Technology

Powerfleet is proud to announce that its founder and CEO, Tony Lourakis, has been named the winner in the Technology category of the EY Entrepreneur Of The Year® 2019 Awards Ontario program. This prestigious recognition honors Tony's innovative leadership and the significant impact he has made in the telematics industry. Under his guidance, Powerfleet has consistently ranked among the fastest-growing telematics companies worldwide, further solidifying its position as a global leader.

AT&T & Powerfleet Bring Next-Gen Connected Vehicle Solutions To Mexico

AT&T and Powerfleet have partnered to launch a comprehensive range of telematics solutions in Mexico, aimed at reducing costs and enhancing vehicle and driver safety. Leveraging Powerfleet’s cutting-edge technology and AT&T’s national coverage, these solutions offer Mexican businesses advanced fleet management, GPS tracking, and safety monitoring from a single platform, helping to improve efficiency and productivity across the commercial fleet sector.

Powerfleet Earns Acclaim from Frost & Sullivan for Harnessing Telematics to Drive the Fleet IoT Market towards Superior Connectedness

Powerfleet has been awarded the 2019 North American Company of the Year Award by Frost & Sullivan for its outstanding contributions to the fleet telematics market. Recognised for enabling seamless connectivity across vehicles, assets, and mobile workforce management solutions, Powerfleet’s innovative services, such as video safety, digital freight brokering, and advanced diagnostics, have helped create new revenue streams for its customers. The company’s CONNVEX platform, a powerful Big Data analytics tool, continues to drive the development of smart mobility solutions and custom telematics offerings. Powerfleet's strategic partnerships with global OEMs and Tier-I suppliers further solidify its leadership position in the industry.

Powerfleet and Cummins Offer Remote Engine Diagnostics to Customers

Powerfleet has announced a collaboration with Cummins Inc. to integrate the Cummins Connected Diagnostics application into its IoT platform. This partnership provides Powerfleet customers, who use Cummins engines, with real-time remote diagnostics, delivering easy-to-understand reports and actionable recommendations on engine fault alerts. The integration helps fleet operators reduce unplanned downtime, optimise vehicle maintenance, and avoid unnecessary repair costs by allowing mechanics to prioritise repairs based on comprehensive diagnostic data.

Powerfleet Finalises Investment Partnership with Ontario Teachers’

Powerfleet, a leading global provider of connected vehicle technology, has finalized its investment partnership with Ontario Teachers’ Pension Plan, Canada’s largest single-profession pension fund. This agreement involves Ontario Teachers' acquiring equity from existing investors, including Madison Dearborn Partners (MDP). With the continued support of Ontario Teachers’ and MDP, Powerfleet’s management team is set to drive the company’s global expansion strategy. Powerfleet, serving around 500,000 subscribers worldwide, remains a significant player in the connected vehicle space, leveraging advanced technology and strong OEM partnerships to deliver innovative solutions.

Powerfleet Launches First Cycling Academy in Greece

Powerfleet has proudly announced the launch of the Powerfleet Cycling Academy in Loutraki, Greece, aiming to nurture the next generation of professional cyclists. Partnering with SEG Racing Academy, the world’s top development team, the academy will focus on developing young Greek athletes from junior to U23 levels, providing them with the tools and training needed to succeed in international competitions like the Classics and Grand Tours. The academy’s program, led by Vasilis Anastopoulous, will select and train promising cyclists, helping them reach their full potential on the global stage.

High Growth Puts Powerfleet Among Fastest Growing Telematics Companies

Powerfleet has been acknowledged in the latest editions of Berg Insight's Fleet Management reports for Europe and the Americas as one of the fastest-growing companies in the fleet management industry. With a revenue growth of over 53% in the fiscal year 2017-2018, Powerfleet has achieved a global run-rate of CAD $107 million. This growth is attributed to strategic expansions, including partnerships with Deutsche Telekom in Germany, the acquisition of Ecofleet in the Nordics, and collaborations with OEMs like General Motors and Mitsubishi. The telematics industry is expected to continue its rapid growth, with significant opportunities in both European and North American markets.

Powerfleet and General Motors Bring Scalable IoT Solutions to Commercial Fleets and Small Businesses with OnStar

Powerfleet has teamed up with General Motors to deliver scalable IoT-enabled services to commercial fleets and small businesses using OnStar-equipped Chevrolet, Buick, GMC, and Cadillac vehicles. This collaboration leverages the OnStar connectivity and Powerfleet’s CONNVEX platform to help fleets reduce costs, improve safety, and enhance operational efficiency. The partnership allows for easy activation of Powerfleet’s software without hardware compatibility concerns, offering immediate benefits such as reduced downtime and improved driver behavior for fleets of all sizes.

Mitsubishi Motors Australia Limited Partners with Powerfleet to Bring Powerful Fleet Management Solutions to Australia

Mitsubishi Motors Australia has partnered with Powerfleet to introduce Mitsubishi Motors Fleet iQ, a connected vehicle solution designed to enhance fleet visibility, safety, and efficiency. Utilising Powerfleet’s CONNVEX™ cloud-based platform, Fleet iQ offers customisable solutions that provide real-time insights into vehicle operations, including driver behaviour, fuel usage, and vehicle diagnostics. This new service allows businesses to connect their vehicles with a fleet management system from day one, reducing costs and maximising operational efficiency.

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