Samsara Inc., the pioneer of the Connected Operations Cloud, reported record financial results for the fourth quarter and fiscal year ended 29th January, 2022.
“We achieved significant milestones in the fourth quarter, including becoming a publicly listed company. We ended the year with over half a billion in ARR, while growing 64% year-over-year, which capped off a very successful year for the company,” said Sanjit Biswas, co-founder and CEO of Samsara. “To match our customer demand, we grew headcount nearly 30% in fiscal 2022 and ended the year with over 1,600 Samsarians globally. As the world of physical operations continues to digitise, Samsara is well-positioned to capitalise on this tremendous market opportunity.”
Samsara is the pioneer of the Connected Operations Cloud, which allows businesses that depend on physical operations to harness IoT (Internet of Things) data to develop actionable business insights and improve their operations. Samsara operates in North America and Europe and serves tens of thousands of customers across a wide range of industries including transportation, wholesale and retail trade, construction, field services, logistics, utilities and energy, government, healthcare and education, manufacturing, and food and beverage.
The company says its mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara released a shareholder letter accessible from the Samsara investor relations website at investors.samsara.com.
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