PowerFleet Launches Vista, an Advanced Vehicle Video Solution with AI Capabilities
June 22 2021 - 8:00AM
PowerFleet, Inc. (Nasdaq: PWFL) a global leader and provider of
subscription-based wireless IoT and M2M solutions for securing,
controlling, tracking and managing high-value enterprise assets,
today announced the launch of Vista, a best-in-class in-vehicle
video solution that leverages artificial intelligence (AI) to
analyze and proactively manage risky driving situations across
fleets. With Vista, PowerFleet is expanding its image technology
portfolio, which includes the patent-pending LV-710 freight camera
for trailers and containers and the CP4 System designed for the
industrial truck market.
The global demand for dashboard and 360-degree camera technology
is growing due to a considerable rise in the number of vehicle
related accidents, thefts, and “nuclear verdicts” (jury awards of
more than $10 million) in the trucking industry. The National
Highway Safety Administration (NTSA) reports that an estimated
38,680 deaths in motor vehicle traffic crashes in 2020. Up to 96%
of all auto accidents are a result of human error, which
further emphasizes the need for fleets to invest in technology to
maintain the safety of drivers, pedestrians, and assets.
Recorded video events provide additional contextual insights
around hard braking and turning events, vehicle accidents as well
as vehicle and content theft. Easy to install and operate, Vista
delivers real-time, high-definition video from both road and driver
facing cameras to bolster safety and training programs, help
exonerate drivers, prevent accidents, and lower insurance
costs.
“We have seen strong demand from customers in our vertical and
geographic markets for additional video solutions that provide
visual proof to improve safety and operations,'' said Elizabeth
Elkins, Chief Product Officer at PowerFleet. “As a leading IoT
solutions provider, it made sense to add Vista to our portfolio of
technology solutions focused on keeping drivers safe, protecting
assets, and reducing insurance premiums. Whether you have a fleet
of over-the-road trucks, cars or service and delivery vans, Vista
can play a valuable part of a world-class safety program. The Vista
video platform supports safe driving with the ability to
auto-detect unsafe driving conditions while delivering real-time
driver audio feedback and warnings to help correct risky driving
behaviors as they occur.”
Vista is a flexible video solution that can operate stand-alone
or as an integrated part of any fleet management system. It
leverages the latest processor technology for edge-processing and
future proofing and can be installed with minimal configuration.
Vista wireless connectivity supports 4G LTE and has built-in Wi-Fi
that supports auxiliary cameras for 360° views. Operations managers
can stream live video, download video events, and access all
cameras through
a secure and comprehensive portal.
Other key features include:
- Live streaming: check on the conditions of the
road, cab and your assets at any time
- Real time drive alerting (in-cab feature):
cameras will notify driver of safety events in real time
- Video history review: all videos on the SD
card can be accessed remotely or locally at anytime
- Parking mode: cameras will record any events
that occur following sudden jolts when the vehicle is turned
off
- Event-based notifications: including harsh
acceleration or braking, distracted driving traits, harsh
cornering, speeding and more
To learn more, visit
www.powerfleet.com/solutions/vista.
About PowerFleetPowerFleet® Inc. (NASDAQ: PWFL;
TASE: PWFL) is a global leader and provider of subscription-based
wireless IoT and M2M solutions for securing, controlling, tracking,
and managing high-value enterprise assets such as industrial
trucks, tractor trailers, containers, cargo, and vehicles and truck
fleets. The company is headquartered in Woodcliff Lake, New Jersey,
with offices located around the globe. PowerFleet’s patented
technologies address the needs of organizations to monitor and
analyze their assets to increase efficiency and productivity,
reduce costs, and improve profitability. Our offerings are sold
under the global brands PowerFleet, Pointer, and Cellocator. For
more information, please visit www.powerfleet.com, the content of
which does not form a part of this press release.
PowerFleet Company ContactNed Mavrommatis,
CFO NMavrommatis@powerfleet.com(201) 996-9000
PowerFleet Investor Contact Matt
GloverGateway Investor RelationsPWFL@gatewayir.com(949)
574-3860
PowerFleet Media ContactSasha
Dookhoopowerfleet@n6a.com
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