Source: businesswire | Published on: Friday, 06 December 2024
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Cloud, today revealed strong growth in its new frontiers as the company experiences high global demand for its innovative solutions that increase safety, efficiency, and sustainability. Samsara’s at-scale breadth across products, customer sizes, end markets, and geographies is a key differentiator and driver of performance. Highlights include:
Driving Innovation with Customer-Centric Solutions
Samsara now processes more than 10 trillion data points annually. This unique view into the world of physical operations powers Samsara’s innovation flywheel and enables customers to address complex challenges. In the second half of FY25, Samsara rapidly delivered features tailored to both universal and regional needs. Highlights include:
"Our customers are the backbone of the global economy and we partner with them to solve the hardest problems in the industry,” said Kiren Sekar, Chief Product Officer at Samsara. “We’re planning to invest hundreds of millions of dollars in R&D over the next few years, leaning into advanced AI and our massive data set to create products that answer the needs of the world’s largest and most complex operational companies.”
Samsara’s Multi-Product Platform Powers Customer Growth
Samsara’s product innovation has resulted in more than 150 patents and is fueling new multi-product adoption amongst its customers. New multi-product customers in Q3 include organizations like Florida Department of Fish & Wildlife and Fresno County. Existing customers such as Fraikin Group and Comfort Systems expanded with Samsara because of its clear and fast return on investment. For example, Fraikin, one of Samsara’s largest customers in Europe, is in the process of expanding Samsara to 10,000+ vehicles and all new vehicles in its 60,000-vehicle fleet across its European operations.
“Digital transformation and decarbonization are central to our strategy, and Samsara has played a crucial role in helping us build a standardized, future-proofed, and innovative platform,” said Edward Breedveld, Chief Digital Officer at Fraikin. “With this technology, we are greatly expanding our real-time data insights to optimize operations, minimize environmental impact, and ensure our vehicles meet the highest safety standards.”
To learn more about Samsara’s Q3 FY25 results, click here.
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.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.