PowerFleet Inc. specializes in the design, manufacture and marketing of solutions for the remote, real-time monitoring and management of corporate hardware assets. The group offers connected devices and sensors, combined with software as a service (SaaS) and online platforms. The solutions enable vehicle fleets, freight transport systems, logistics systems, etc. to be monitored, analysed, secured and made profitable. Net sales break down by source of revenue between sales of services (62.8%) and products (37.2%). Net sales are distributed geographically as follows: The United States (44.3%), Israel (31.2%) and other (24.5%).