CalAmp Corp - Company Profile
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Business Description
CalAmp Corp (CalAmp) is a connected intelligence company that provides telematics products, software and services.
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R&D Overview
The company’s R&D arm focuses on developing new products and solutions and enhancing existing products and solutions. It also focuses on developing telematics products and software solutions for heavy equipment, fleet management, stolen vehicle recovery, trailer and asset tracking, consumer aftermarket telematics, transportation and logistics, and industrial monitoring and controls applications. It has developed several technology platforms including cloud-based telematics application, cellular and satellite communications network-based asset tracking unit, 4G and 5G LTE broadband router products for mobile applications. As of February 2023, the company had 300 patents worldwide and 50 patent applications in process. In FY2023, the company incurred expenses of US$24.6million on R&D, which as percentage of revenue, stood at 8.3%.
Business Segments
Overview
Offers telematics service platform and cloud-based application enablement which facilitates the integration of its own applications and third-party applications through an open Application Programming Interfaces (API’s). Includes services such as tracking and monitoring services within fleet management, supply chain integrity and international vehicle location.
Performance
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Overview
Offers wireless data communications products, which includes mobile telematics devices, asset tracking units, routers and fixed and mobile wireless gateways for vehicles and IoT marketplace.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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