IoT Specialist Samsara Sets its sights on All-Time High - Annual Recurring Revenue Exceeds $1 Billion for the First Time

IoT company Samsara (IOT, i) aims to increase the efficiency of physical and often very complex operations. To this end, it provides GPS and telematics systems, video security solutions and associated software to transfer data from vehicles, employees and other assets to the Connected Operations Cloud, where real-time monitoring and analysis of the collected data is made possible. Last year, this cloud recorded over 6 trillion data points and processed more than 55 billion API calls. Further investment is now to be made to drive forward AI functions....