WOODCLIFF LAKE, N.J., Jan. 07, 2016 (GLOBE NEWSWIRE) — I.D. Systems, Inc. ;(NASDAQ:IDSY), a heading provider of wireless solutions for a Industrial Internet of Things, has launched a latest era of supply sequence item analytics software: PowerFleet IQ™ for fleets of forklifts and other industrial trucks, and VeriWise IQ™ for fleets of containers, trailers and other travel assets.
PowerFleet IQ and VeriWise IQ yield a holistic perspective of item activity opposite an craving supply chain. The systems beget item opening metrics, site-by-site assessments, enterprise-wide benchmarks, and counterpart attention comparisons. The information advantages trickery managers, swift managers and corporate executives by identifying opportunities to urge item government and measuring item and complement opening on an ongoing basis.
PowerFleet IQ and VeriWise IQ communicate information by both Key Performance Indicator (KPI) dashboards and minute reports that can be emailed to users automatically. The KPIs answer vicious questions, including: How effectively are resources being managed? ;How well are item fleets being utilized? Are operations being conducted safely? ;Is item government record being used to a full potential?
I.D. Systems’ analytics program starts with high-level, vital information elements, such as geographical placement of item utilization, item opening trends, item opening compared to a user’s craving normal and counterpart industry, and item government complement health. The program also drills down to tactical sum during a site and particular item levels, pinpointing best-practice, average, and underperforming swift comforts and assets.
“With a PowerFleet IQ and VeriWise IQ analytics platforms, we continue to urge a vicious business comprehension we yield to business on their supply sequence assets,” pronounced Kenneth Ehrman, I.D. Systems’ authority and CEO. “Measuring item opening opposite a singular database—encompassing hundreds of millions of item activity hours opposite some-more than a decade of vacillating mercantile activity—helps a business benefit unmatched insights, not usually within their enterprises, though opposite their industries. We consider a abyss and peculiarity of a supply sequence item information is a game-changer for any vast craving with endless element doing or trucking operations.”
“More specifically, I.D. Systems business can use PowerFleet IQ and VeriWise IQ information to optimize a health of their item government systems, quantify best-practices for doing industrial trucks and burden travel fleets, brand inefficiencies in item opening opposite sites and geographic regions, brand opportunities to urge item function and revoke costs with full craving awareness, and assistance foresee destiny item requirements. Collectively, these capabilities assistance government urge a speed and peculiarity of their business decisions, and strew light on a outcomes of those decisions, to beget a larger lapse on investment from corporate assets.”
About PowerFleet® Industrial Vehicle Management Systems (VMS)
I.D. Systems law PowerFleet® Wireless Industrial Vehicle Management Systems (VMS) helps urge supply sequence capability by substantiating burden for a use of forklifts and other industrial trucks, ensuring apparatus is in a correct place during a right time, streamlining element doing work flow, and providing singular metrics on car utilization. ; The PowerFleet® VMS also helps revoke swift upkeep costs by automatically uploading car data, stating apparatus problems electronically, scheduling upkeep according to tangible car use rather than by calendar or primer information entry, and assisting establish a optimal mercantile time to reinstate equipment. ; In addition, PowerFleet® helps urge workplace reserve and confidence by restricting car entrance to trained, certified operators, providing electronic car investigation checklists, and intuiting car impacts.
About VeriWise™ Transportation Asset Management Solutions
VeriWise item tracking systems mix sensor, wireless, and web technologies to yield real-time prominence and control of trailers and their cargo. ; The systems automatically identify, analyze, and respond to vicious travel issues to urge a potency and confidence of logistics operations.
VeriWise Intermodal Container government complement helps boost item function and revoke movement cycle times. The complement enables prominence and control of containers from a seaport to a rail yard and eventually to a final destination, imprinting loading and unloading events, that helps boost shipments and income per container.
VeriWise Chassis tracking complement provides prominence to framework plcae and loaded/unloaded status. The complement also captures embankment times/locations and enclosure mountain times/locations to start and stop a billing clock, ensuing in high information trustworthiness and some-more accurate billing.
VeriWise Dry Van is an modernized trailer monitoring complement with law full-length load showing sensors and solar charging technology. ; The complement reports reliable, undeviating trailer plcae and loaded/ unloaded status—even if a trailer is away from tractor energy for an extended period—designed for faster trailer turns, augmenting item utilization, softened load security, and optimal swift efficiency.
VeriWise Track Trace is a low-cost, easy-to-deploy, item tracking complement that provides real-time information to urge a potency and confidence of trailer and enclosure fleets. ; It is designed for quick, easy, stretchable designation on a far-reaching operation of cargo-carrying assets, with law energy government record to yield unusually prolonged battery life and years of maintenance-free operation.
About I.D. Systems
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Germany, and a United Kingdom, I.D. Systems, Inc. is a heading tellurian provider of wireless M2M solutions for a Industrial Internet of Things. The company’s law record secures, controls, tracks, and manages high-value craving assets, including industrial vehicles, let cars, trailers, containers, and cargo. The company’s solutions residence a needs of organizations to guard and investigate their resources to boost potency and productivity, revoke costs, and urge profitability. For some-more information, greatfully revisit www.id-systems.com.
Cautionary Note Regarding Forward-Looking Statements
This press recover contains brazen looking statements within a definition of a sovereign bonds laws. Forward-looking statements embody statements with honour to I.D. Systems’ beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates, intentions, and destiny performance, and engage famous and opposite risks, uncertainties and other factors, that might be over I.D. Systems’ control, and that might means a tangible results, opening or achievements to be materially opposite from destiny results, opening or achievements voiced or pragmatic by such forward-looking statements. ;All statements other than statements of chronological fact are statements that could be forward-looking statements. ;For example, forward-looking statements embody statements regarding: prospects for additional customers; intensity agreement values; marketplace forecasts; projections of earnings, revenues, synergies, summation or other financial information; rising new products; and plans, strategies and objectives of government for destiny operations, including flourishing revenue, determining handling costs, augmenting prolongation volumes, and expanding business with core customers. The risks and uncertainties referred to above include, though are not singular to, destiny mercantile and business conditions, a detriment of pivotal business or rebate in a squeeze of products by any such customers, a disaster of a marketplace for I.D. Systems’ products to continue to develop, a probability that I.D. Systems might not be means to confederate successfully a business, operations and employees of acquired businesses, a inability to strengthen I.D. Systems’ egghead property, a inability to conduct growth, a effects of foe from a accumulation of local, regional, inhabitant and other providers of wireless solutions, and other risks minute from time to time in I.D. Systems’ filings with a Securities and Exchange Commission, including a annual news on Form 10-K for a year finished Dec 31, 2014. These risks could means tangible formula to differ materially from those voiced in any brazen looking statements done by, or on interest of, I.D. Systems. Unless differently compulsory by germane law, I.D. Systems assumes no requirement to refurbish a information contained in this press release, and specifically disclaims any requirement to do so, either as a outcome of new information, destiny events or otherwise.
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I.D. Systems Introduces PowerFleet IQ™ and VeriWise IQ™ Next-Generation Analytics for Industrial Vehicles, Containers and Trailers
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