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Lantronix Announces New X300 Compact Cellular IoT Gateway Solution, Ideal for Mission-Critical Applications
Monitor and manage globally distributed assets with Lantronix’s X300 IoT Gateway Solution, which includes hardware, cloud-based device management, cellular
About this update from Lantronix, Inc.
[{"type":"text","content":"Monitor and manage globally distributed assets with Lantronix’s X300 IoT Gateway Solution, which includes hardware, cloud-based device management, cellular connectivity, advanced security and tech support\nIRVINE, Calif., March 28, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), 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 analyticsConnectivity Services global, convenient and scalable cellular data plansFree upgrade to LEVEL 2 Services prompt expert technical support and warranty with...