{"id":792958,"date":"2024-12-05T16:35:06","date_gmt":"2024-12-05T21:35:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/"},"modified":"2024-12-05T16:35:06","modified_gmt":"2024-12-05T21:35:06","slug":"samsara-quarterly-results-highlight-strong-growth-across-new-frontiers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/","title":{"rendered":"Samsara Quarterly Results Highlight Strong Growth Across New Frontiers"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Samsara Quarterly Results Highlight Strong Growth Across New Frontiers<\/b><\/p>\n<p class=\"bwalignc\"><i>Samsara ends Q3 FY25 with $1.35B in ARR as innovative solutions drive demand<\/i><\/p>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.samsara.com%2F&amp;esheet=54162788&amp;newsitemid=20241205068347&amp;lan=en-US&amp;anchor=Samsara+Inc.&amp;index=1&amp;md5=36ac530fb401328ed85dd29b5c7d3940\">Samsara Inc.<\/a> (&#8220;Samsara&#8221;) (NYSE: IOT), the pioneer of the Connected Operations<sup>\u00ae<\/sup> 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\u2019s at-scale breadth across products, customer sizes, end markets, and geographies is a key differentiator and driver of performance. Highlights include:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>International Growth Milestones<\/b>: 17% of Samsara\u2019s net new ACV in Q3 came from international markets, marking the second-highest contribution to date. Mexico achieved its highest-ever quarterly net new ACV mix, while Europe accelerated year-over-year ARR growth for the fourth consecutive quarter.\n<\/li>\n<li><b>Expanding Industry Reach<\/b>: The public sector contributed its highest-ever net new ACV mix over the last four years, while construction drove the highest net new ACV mix for the fifth consecutive quarter. This reflects the value industries across the world of physical operations see in adopting Samsara\u2019s differentiated solutions to drive impactful results.\n<\/li>\n<li><b>Emerging Products Fuel Demand<\/b>: Samsara generated more than 100% quarter-over-quarter growth in Asset Tags\u2019 net new ACV in just its second quarter of selling.\n<\/li>\n<\/ul>\n<p><b>Driving Innovation with Customer-Centric Solutions<\/b><\/p>\n<p>\nSamsara now processes more than 10 trillion data points annually. This unique view into the world of physical operations powers Samsara\u2019s 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:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Samsara Intelligence<\/b>: An expanded suite of AI offerings that help its customers make smarter decisions and run safer and more efficient operations. Samsara Assistant provides instant answers to complex operational questions, while Intelligent Experiences brings AI-driven recommendations and actions to critical operations processes.\n<\/li>\n<li><b>Low Bridge Strike Alerting<\/b>: With this feature, customers can set the maximum height for each vehicle to minimize the chance of tall vehicles hitting the underside of low bridges that are common in Europe. Nearly <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.networkrail.co.uk%2Frunning-the-railway%2Flooking-after-the-railway%2Fbridges-tunnels-and-viaducts%2Fthe-risk-of-bridge-strikes%2F&amp;esheet=54162788&amp;newsitemid=20241205068347&amp;lan=en-US&amp;anchor=2%2C000+bridge+strikes&amp;index=2&amp;md5=56e184c0f463512761284207a3b579e7\">2,000 bridge strikes<\/a> happen in the UK every year, costing UK taxpayers around <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.networkrail.co.uk%2Fcommunities%2Fsafety-in-the-community%2Frailway-safety-campaigns%2Fwise-up-size-up%2F&amp;esheet=54162788&amp;newsitemid=20241205068347&amp;lan=en-US&amp;anchor=%26%23163%3B23M&amp;index=3&amp;md5=90566fdd7f21402365dd4639a9cd90a0\">\u00a323M<\/a> annually.\n<\/li>\n<li><b>Electronic Brake Performance Monitoring System (EBPMS)<\/b>: This feature enables customers to maintain their braking performance record and alert operators when it falls below acceptable standards or if it detects faults. Samsara expects that in 2025, EBPMS will become one of the only two accepted methods for brake testing in the UK.\n<\/li>\n<li><b>Engine Immobilizer 2.0<\/b>: With security a top priority for customers in Mexico, Samsara delivered a feature that allows for new customized alerts that can meet operators\u2019 needs when their safety is compromised. It also provides detailed real-time reports through the Samsara dashboard, helping customers effectively monitor the safety of their vehicles.\n<\/li>\n<\/ul>\n<p>\n&#8220;Our customers are the backbone of the global economy and we partner with them to solve the hardest problems in the industry,\u201d said Kiren Sekar, Chief Product Officer at Samsara. \u201cWe\u2019re planning to invest hundreds of millions of dollars in R&amp;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\u2019s largest and most complex operational companies.\u201d<\/p>\n<p><b>Samsara\u2019s Multi-Product Platform Powers Customer Growth<\/b><\/p>\n<p>\nSamsara\u2019s 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 &amp; Wildlife and Fresno County. Existing customers such as Fraikin Group and Comfort Systems expanded with Samsara because of its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.samsara.com%2Fblog%2Fidc-study-finds-samsara-provides-significant-business-value-to-customers&amp;esheet=54162788&amp;newsitemid=20241205068347&amp;lan=en-US&amp;anchor=clear+and+fast+return+on+investment&amp;index=4&amp;md5=b6040077b63facf0514cd27527d67d1e\">clear and fast return on investment<\/a>. For example, Fraikin, one of Samsara\u2019s 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.<\/p>\n<p>\n\u201cDigital 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,\u201d said Edward Breedveld, Chief Digital Officer at Fraikin. \u201cWith 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.\u201d<\/p>\n<p>\nTo learn more about Samsara\u2019s Q3 FY25 results, click <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.samsara.com%2Foverview%2Fdefault.aspx&amp;esheet=54162788&amp;newsitemid=20241205068347&amp;lan=en-US&amp;anchor=here&amp;index=5&amp;md5=14f75a17095fb9fe6c3a774d00503960\">here<\/a>.<\/p>\n<p><b>About Samsara<\/b><\/p>\n<p>\nSamsara (NYSE: IOT) is the pioneer of the Connected Operations<sup>\u00ae<\/sup> 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\u2019s leading organizations across construction, transportation and warehousing, field services, manufacturing, retail, logistics, and the public sector. The company&#8217;s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.<\/p>\n<p>\nSamsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241205068347r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241205068347\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241205068347\/en\/<\/a><\/span><\/p>\n<p>\nAdam Simons<br \/>\n<br \/>Samsara<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@samsara.com\">media@samsara.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California Mexico United States Canada Central America North America Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Vehicle Technology Automotive IOT (Internet of Things) Technology Software Artificial Intelligence<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241205068347\/en\/1362304\/3\/samsara_horizontal_logo_navy.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Samsara Quarterly Results Highlight Strong Growth Across New Frontiers Samsara ends Q3 FY25 with $1.35B in ARR as innovative solutions drive demand SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211;Samsara Inc. (&#8220;Samsara&#8221;) (NYSE: IOT), the pioneer of the Connected Operations\u00ae 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\u2019s at-scale breadth across products, customer sizes, end markets, and geographies is a key differentiator and driver of performance. Highlights include: International Growth Milestones: 17% of Samsara\u2019s net new ACV in Q3 came from international markets, marking the second-highest contribution to date. Mexico achieved its highest-ever quarterly net new ACV mix, while Europe accelerated year-over-year ARR growth for the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Samsara Quarterly Results Highlight Strong Growth Across New Frontiers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-792958","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Samsara Quarterly Results Highlight Strong Growth Across New Frontiers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Samsara Quarterly Results Highlight Strong Growth Across New Frontiers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Samsara Quarterly Results Highlight Strong Growth Across New Frontiers Samsara ends Q3 FY25 with $1.35B in ARR as innovative solutions drive demand SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211;Samsara Inc. (&#8220;Samsara&#8221;) (NYSE: IOT), the pioneer of the Connected Operations\u00ae 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\u2019s at-scale breadth across products, customer sizes, end markets, and geographies is a key differentiator and driver of performance. Highlights include: International Growth Milestones: 17% of Samsara\u2019s net new ACV in Q3 came from international markets, marking the second-highest contribution to date. 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(&#8220;Samsara&#8221;) (NYSE: IOT), the pioneer of the Connected Operations\u00ae 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\u2019s at-scale breadth across products, customer sizes, end markets, and geographies is a key differentiator and driver of performance. Highlights include: International Growth Milestones: 17% of Samsara\u2019s net new ACV in Q3 came from international markets, marking the second-highest contribution to date. Mexico achieved its highest-ever quarterly net new ACV mix, while Europe accelerated year-over-year ARR growth for the &hellip; Continue reading \"Samsara Quarterly Results Highlight Strong Growth Across New Frontiers\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-05T21:35:06+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241205068347r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Samsara Quarterly Results Highlight Strong Growth Across New Frontiers","datePublished":"2024-12-05T21:35:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/"},"wordCount":871,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241205068347r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/samsara-quarterly-results-highlight-strong-growth-across-new-frontiers\/","name":"Samsara Quarterly Results Highlight Strong Growth Across New Frontiers - 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