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  "documentTitle": "Samsara Inc. (IOT)",
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  "notes": "Uses a bar chart to compare inventory levels of Samsara (IOT) against other SaaS peers to highlight the outlier status.",
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      "kind": "callout",
      "text": "We can find only six SaaS companies that hold inventory, and Samsara holds the most by far.",
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      "text": "The Samsara Solution: Don’t Forget the Commodity Hardware",
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      "text": "Samsara hardware devices",
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      "text": "Latest FYE Inventories: $40.6",
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      "text": "The Samsara platform is reliant on hardware, specifically vehicle gateways, asset gateways, asset trackers/monitors, and cameras, to capture customer operational data. Based on our analysis, we believe most Samsara customers to date use devices from the Company as opposed to “OEM” devices. This makes Samsara one of the only SaaS companies to have a large hardware engineering effort, to hold inventory, and to provide hardware products as a key part of their solution.",
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      "text": "Source: Samsara June 2023 Investor Day presentation, Samsara website, CapitalIQ",
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      "text": "Hardware Is A Key Element of Samsara's Solution",
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