Powerfleet, a leader in AIoT SaaS for mobile assets, announced its new product, Vision 360 Plus. This AI video system utilizes multiple cameras to give 360° coverage, aid in improving operations as well as fueling safety.
Powerfleet is teaming up with TELUS, which has over 20 million customers, to provide this AI video software to more businesses in North America. TELUS handles the network and distribution, while Powerfleet provides the AI technology, aid better companies use the system and create steady SaaS revenue.
Vision 360 Plus aid solve important safety as well as operational problems, like blind spots and poor visibility, which can cause accidents and insurance claims. The system utilizes multiple cameras for full 360° coverage along with AI protection. It helps fleet managers lower risks, improve driver performance, as well as run coaching programs, which also strengthens customer growth, loyalty, and use of the Unity platform.
As per Coherent Market Insights, the AI-Created SaaS Market will grow at a 39.6% compound annual growth rate (CAGR) from 2026 to 2033, from USD 142.02 Bn in 2026 to around USD 1,051.11 Tn by 2033. The market is expected to witness considerable growth during the forecast period. The rise in adoption of AI-powered applications to automate various processes across industries is fueling the demand for AI-created software. Businesses are increasingly incorporating AI solutions to enhance productivity and efficiency.
"Our partnership with TELUS represents a meaningful growth driver and reinforces our strategy to scale high-margin, AI-powered SaaS solutions through strong channel partnerships," said Steve Towe, Chief Executive Officer of Powerfleet. "As customers increasingly prioritize safety, risk reduction, and operational intelligence, Vision 360 Plus delivers advanced safety customer value and supports long-term revenue expansion."
"At TELUS, we are committed to delivering innovative solutions that help our customers. Our partnership with Powerfleet enables us to bring advanced AI-driven capabilities like Vision 360 Plus to market, extending customer value with enhanced visibility and predictive risk management," said Jodi Baxter, VP Product & Services for TELUS.
Powerfleet is a global leader in AIoT SaaS for mobile assets. It collects and combines data from any source to give businesses insights that save lives, time, and money. Powerfleet focuses on people and innovation, aid customers improve their operations in meaningful ways.
TELUS is a top communications company, earning over USD20 billion a year and connecting more than 20 million customers. TELUS uses technology to make a real impact as well as leads digital transformation in healthcare, agriculture, as well as business connectivity.
Source:
News: Powerfleet