ID Systems is one of the first companies to provide services for the Internet of Things (IoT). CEO Ken Ehrman explains that IoT is such a critical part to any enterprise because assets and information on every level are now connected, there is no more stand alone vertical in today’s Internet age. ID Systems works with its customers to manage this process and help cut costs to maximize efficiency. IDSY has been trading in a range for the past year and Ehrman says now is the time for investors to get excited as the company is restructuring and investing in itself to unlock future shareholder value. The goal is for ID Systems to better meet customer needs which leads to growth opportunities.
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