13 AI News and Ratings Gaining Investor Attention

9. Samsara Inc. (NYSE:IOT)

Number of Hedge Fund Holders: 40

Samsara Inc. (NYSE:IOT) provides cloud-based solutions that connect physical operations data through AI-driven IoT applications for safety, telematics, equipment monitoring, and site visibility across various industries.

On March 4, Samsara announced that FM Conway, an infrastructure services company, has improved safety across its fleet of over 1,000 vehicles by adopting Samsara’s AI-powered fleet management technology. With its workers handling complex projects in high-traffic areas, FM Conway integrated Samsara’s Connected Operations platform, including AI dash cams and Vehicle Gateways, to monitor driving behaviors and vehicle diagnostics in real time.

The initiative led to notable improvements, including reductions in speeding violations, traffic accidents, and vehicle defects, while also generating cost savings of £212,000. FM Conway’s logistics director highlighted the benefits of gaining real-time insights into driver performance and improving road safety. Samsara’s SVP and GM EMEA, Philip van der Wilt commented:

“FM Conway plays an important role in helping the nation’s infrastructure operate effectively and efficiently, and we’re proud to do our part in facilitating this crucial work. Building on a solid safety programme, Samsara has enabled FM Conway to create optimised workflows in the back office and ensure drivers on the road return home safely.”