CalAmp iOn™ Awarded 2021 IoT Evolution Product of the Year Award

Rhea-AI Summary

CalAmp (Nasdaq: CAMP) announced that its CalAmp iOn fleet and asset management solution has won the 2021 IoT Evolution Product of the Year Award. This prestigious recognition highlights the innovative solutions within the IoT sector. The CalAmp iOn system provides flexible and enriched data insights for fleet management, aiming to improve efficiency, reduce costs, and enhance safety. Its user-friendly interface empowers fleet operators with actionable data, real-time alerts, and maintenance management features.

Positive

• CalAmp iOn wins the 2021 IoT Evolution Product of the Year Award, enhancing its market credibility.
• The solution offers significant benefits, including improved fleet efficiency, cost reductions, and increased safety.
• The award reflects CalAmp's commitment to customer research and the continuous improvement of product features.

Negative

• None.

IRVINE, Calif., July 14, 2021 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping businesses and people track, monitor and recover vital assets with real-time visibility and insights, today announced its CalAmp iOn^™ fleet and asset management solution has won the 2021 IoT Evolution Product of the Year Award by IoT Evolution World. The award recognizes the best and most innovative products and solutions powering the Internet of Things.

CalAmp iOn is a flexible and data-enriched solution for fleet and asset management that delivers timely and critical insights to commercial, government and construction organizations. The software solution leverages a close integration between vehicle telematics, AI and data analytics to deliver contextual insights to fleet managers about vehicles, drivers and assets to improve fleet efficiency, reduce costs and increase safety.

CalAmp iOn's intuitive new user interface, dashboards and reporting empower users with actionable data to help fleet operators make smarter business decisions. Managers can get real-time alerts on harsh driving events, maximize vehicle uptime with the maintenance manager, and identify engine idling to help reduce fuel costs, among many other mission-critical data insights. This award follows CalAmp iOn's inclusion in Equipment Today's 2020 Contractors' Top 50 New Products.

"We are thrilled and honored to receive this award. It validates our extensive customer research to identify key pain points and diligent work on the user interface to streamline workflows that allow users to easily dive into the business-critical data they need to increase fleet efficiency, cost-savings and safety," said Jeff Clark, senior vice president of product management for CalAmp. "All fleet operations' stakeholders now have access to a user-friendly tracking module that empowers fleet managers to make smarter business decisions in real-time."

"Congratulations to recipients of the 2021 IoT Product of the Year Awards," said Rich Tehrani, CEO, TMC. "It is one of the most rewarding parts of our jobs at IoT Evolution World to recognize the latest innovative products and solutions in the exploding IoT market. With our partners at Crossfire Media, we all look forward to seeing their future successes!"

About CalAmp
CalAmp (Nasdaq: CAMP) is a connected intelligence company that helps people and businesses work smarter. We partner with transportation and logistics, industrial equipment, government and automotive industries to deliver insights that enable businesses to make the right decisions. Our applications, platforms and smart devices allow them to track, monitor and recover their vital assets with real-time visibility that reduces costs, maximizes productivity and improves safety. Headquartered in Irvine, California, CalAmp has been publicly traded since 1983. We have 22 million products installed and over 1.3 million software and services subscribers worldwide. For more information, visit calamp.com, or LinkedIn, Facebook, Twitter, YouTube or CalAmp Blog.

CalAmp, LoJack, TRACKER, Here Comes The Bus, Bus Guardian, iOn Vision, CrashBoxx and associated logos are among the trademarks of CalAmp and/or its affiliates in the United States, certain other countries and/or the EU. Spireon acquired the LoJack® U.S. Stolen Vehicle Recovery (SVR) business from CalAmp and holds an exclusive license to the LoJack mark in the United States and Canada. Any other trademarks or trade names mentioned are the property of their respective owners.

 

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SOURCE CalAmp

FAQ

What is the CalAmp iOn fleet management solution?

CalAmp iOn is a fleet and asset management solution that provides real-time insights to improve efficiency, reduce costs, and enhance safety for various organizations.

When did CalAmp win the IoT Evolution Product of the Year Award?

CalAmp won the IoT Evolution Product of the Year Award on July 14, 2021.

What impact does the IoT Evolution Product of the Year Award have on CAMP stock?

Winning the award can enhance the company's market credibility and potentially boost investor confidence in CAMP stock.

How does the CalAmp iOn solution help fleet managers?

The CalAmp iOn solution helps fleet managers by providing real-time alerts, maintenance management, and actionable data for smarter decision-making.

What industries benefit from CalAmp's solutions?

CalAmp's solutions benefit industries such as transportation, logistics, government, and construction through improved asset tracking and management.