ENTERPRISE IOT, DEVICES
globenewswire | March 29, 2023
Lantronix Inc. a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced its new X300 Compact Gateway IoT Solution. Ideal for secure mission-critical applications, the new X300 Cellular Compact IoT Gateway Solution combines Lantronix’s IoT gateway hardware with a premium services subscription, including centralized device management, integrated cellular data, enhanced device security and expert technical support in an all-in-one package.
“At Lantronix, we are committed to providing our customers with turnkey IoT solutions that efficiently solve their connectivity and remote device management challenges while offering expert technical support to ensure a successful deployment,” said Paul Pickle, CEO of Lantronix. “With the new X300 Compact Gateway IoT Solution, our customers can rest assured that they have a reliable, easy-to-manage solution, achieving maximum uptime and data security for mission-critical applications.”
According to Berg insights, more than 4.5 million cellular IoT gateways were shipped globally during 2021, a 23 percent increase, at a total market value of approximately $1.15 billion as annual sales grew at a rate of 14 percent as demand recovered following the COVID-19 pandemic. Annual revenues from the sales of cellular IoT gateways is forecasted to grow at a compound annual growth rate (CAGR) of 14 percent to reach $2.18 billion by 2026.
The X300 Compact Gateway IoT Solution includes:
X300 Gateway, a compact (79mm X 79mm) IoT industrial gateway with suitable hardware interfaces, including a Multi-mode Serial port, an Ethernet LAN port, Wi-Fi® 5, Bluetooth/BLE and Worldwide cellular options, enabling the connection of any type of industrial machine and sensor with any type of network.
Services included in the first-year subscription:
Free upgrade to ConsoleFlow™ premium cloud-based device management with analytics
Connectivity Services global, convenient and scalable cellular data plans
Free upgrade to LEVEL 2 Services prompt expert technical support and warranty with advanced hardware replacement
Lantronix InfiniShield™ built-in security, including a Secure Element (SE) chip to enable secure boot, secure equipment access and secure communications and to prevent unauthorized access of confidential information.
Thenew X300 Gateway IoT Solution will be displayed at ISC West in Las Vegas from March 28–31, 2023, in the Lantronix booth, Number 2097.
About Lantronix
Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware.
Lantronix enables its customers to accelerate time to market and increase operational up-time and efficiency by providing reliable, secure and connected Intelligent Edge IoT and Remote Management Gateway solutions.
Read More
ENTERPRISE IOT, INFRASTRUCTURE
Energous Corporation | March 30, 2023
Energous Corporation, a leading developer of intelligent wireless power networks, and Thinaer, a leading industrial IoT SaaS platform provider, today announced a partnership to bring innovative wireless charging technology to the industrial IoT market. Thinaer will incorporate Energous' wireless power transfer technology as part of a joint offering to help organizations improve efficiency, reduce costs, and enhance outcomes in a variety of settings including industrial manufacturing and warehousing.
Thinaer's platform enables customers to seamlessly generate a digital twin of their operations and achieve measurable results. The combined solution harnesses Thinaer's powerful platform and Energous' innovative wireless charging hardware to provide energy efficient solutions with low-cost passive BLE tags for asset tracking and environmental monitoring. The solution can identify process gaps, improvement opportunities and inefficiencies with advanced analytics within the manufacturing and warehousing environment.
"Industrial IoT is going through a major digital transformation to maximize overall productivity and improve operational efficiencies, and Thinaer is a pioneer in driving that force," said Cesar Johnston, CEO of Energous. "The partnership between Energous and Thinaer aims to solve this growing challenge for industrial IoT and provides an additional building block in the creation of the IoT ecosystem. Thinaer's system integration capability enables Energous' wireless power network technology to be successfully installed at customer sites. We are excited for the future of this collaboration. "
"Energous emerged as a leader in wireless power technologies for the IoT industry. Its technology is reliable, easy to use and robust for the industrial environment, making them an ideal partner to collaborate with on developing a joint solution for our customers," said Bryan Merckling, CEO at Thinaer. "The expansion of IoT devices across our customers' industries has increased the power demands and unique needs of IoT deployments. We are now able to solve new and unique challenges for our customers using our combined solutions. For example, classified areas where the highest levels of security require that assets tagged with beacons are not broadcasting a signal when within those areas, can now leverage IoT beacons. We are enthusiastic about the many digital transformation opportunities this partnership will enable."
Energous PowerBridges are driving transformation across the industrial IoT. These devices not only have the capability of wirelessly charging multiple devices simultaneously from a distance using RF-based wireless power, but they can also function as data links for connected IoT devices. This enables them to communicate valuable data and insights back to the cloud. Multiple PowerBridge transmitters can be meshed together, creating a wireless power network that covers unlimited distances for large-scale deployments such as industrial warehouses, manufacturing plants, and logistics hubs across a wide range of industries.
About Energous Corporation
Energous Corporation is the Wireless Power Network global leader. Its award-winning WattUp® solution is the only technology that supports both contact and distance charging through a fully compatible ecosystem. Built atop fast, efficient, and highly scalable RF-based charging technology, WattUp is positioned to offer improvements over older, first-generation coil-based charging technologies in power, efficiency, foreign device detection, freedom of movement and overall cost for industrial and retail IoT, smart homes, smart cities and medical devices. Energous develops silicon-based wireless power transfer (WPT) technologies and customizable reference designs, and provides worldwide regulatory assistance, a reliable supply chain, quality assurance, and sales and technical support to global customers. The company received the world's first FCC Part 18 certification for at-a-distance wireless charging and has been awarded over 200 patents for its WattUp wireless charging technology to-date
Read More
ENTERPRISE IOT, DEVICES
prnewswire | March 28, 2023
KORE Group Holdings, Inc. a global leader in Internet of Things ("IoT") Solutions and worldwide IoT Connectivity-as-a-Service ("IoT CaaS"), announced today the signing of a definitive agreement to acquire Twilio's IoT business unit as part of a growth strategy to provide customers with a unified, seamless approach to launching IoT solutions as the world's leading pure-play IoT provider. As consideration for the acquisition, Twilio (NYSE:TWLO), the customer engagement platform that drives real-time, personalized experiences for today's leading brands, will receive 10 million shares of KORE common stock, which will represent approximately 11.5% of KORE's issued and outstanding shares.
"IoT has immense potential to change the world," KORE President and CEO Romil Bahl said. "Whether it is ushering in the Fourth Industrial Revolution, supporting chronic disease management through remote patient monitoring, or optimizing agriculture and supporting sustainability, IoT has many powerful applications. Combining the digital prowess of Twilio's IoT business and the comprehensive connectivity-solutions-analytics portfolio of KORE is a meaningful step toward proliferating IoT and making it more accessible and successful." Continued Bahl, "KORE is thrilled to augment our best-in-class IoT CaaS offering with Twilio's IoT talent and customer portfolio. This acquisition represents exactly the kind of investment we have said we are willing to make to become an exciting top-line growth company, and specifically, we will benefit from the world-class digital experience and developer community Twilio has built for its IoT business."
This acquisition will bring to market:
A powerful connectivity suite, including best-in-class eSIM technologies with KORE OmniSIM™ and Twilio Super SIM
A one-stop shop for building, deploying, managing, and scaling IoT operations throughout the entire lifecycle via award-winning technologies and world-class facilities
An accelerated time to market through global, 24/7 customer support and 20 years of IoT experience through KORE and the Twilio IoT team's depth and breadth of digital experience
"We are just scratching the surface of the opportunities IoT can unlock for customers," said Twilio's Head of IoT, Taylor Wolfe. "As a global leader in IoT, KORE has the right expertise, vision, and technology to expand the robust offerings that Twilio's world-class IoT team has built. KORE is the right home for Twilio's IoT business, and we look forward to this acquisition increasing scalability and creating even more powerful business outcomes for our customers going forward."
Completion of the acquisition transaction is subject to customary closing conditions, including, among other things, the negotiation and execution of certain ancillary agreements.
About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers' business outcomes.
Read More