Samsara Earnings: Strong Growth in Enterprise, New ISO Certifications

Samsara Earnings: Strong Growth in Enterprise, New ISO Certifications

In Samsara’s latest earnings report, the company released new growth figures that highlighted its accelerating adoption among large enterprises. The company ended the fiscal year at $1.1 billion ARR, with its $100K+ ARR customer cohort the fastest growing.

“We are the strategic partner to many of the world's leading and most complex physical operations organizations and our large customer momentum continues to fuel our growth,” Sanjit Biswas, co-founder and CEO of Samsara, said in the shareholder letter. “As our customers’ system of record, we provide unparalleled visibility into their operations and deliver clear ROI with payback periods often measured in months.”

Samsara called out its flywheel of data as a large factor in enabling AI-driven insights and meeting a growing digitization demand across industries. By consolidating seven point solutions into Samsara, DHL Supply Chain had a 50% decrease in driver turnover, while DHL Express reduced accident-related costs by 49%.

The company also announced continued investments in data security and privacy, with the achievement of four new ISO certifications. “These ISO certifications are a testament to Samsara’s relentless pursuit of safeguarding customer data against evolving threats,” said Dave Bossio, Chief Information Security Officer at Samsara.

In the past quarter, Samsara released a new workflow solution, Connected Forms, into general availability for customers. The technology allows workers to streamline operations, including inspections and incident reports, through digital forms. Biswas said Samsara will be announcing more new products at its annual customer conference, Beyond, from June 26 to 28 in Chicago.



The above article is sponsor-generated content. To learn more about sponsor-generated content, click here.