Business
Lantronix Inc. Wins 2024 IoT Evolution Business Impact Award From IoT Evolution Magazine
Award based on Lantronix E210 Router and its HY-LINE Digital Signage Case Study showcasing IoT solutions for global deployment IRVINE, Calif., July 10, 2024

About this update from Lantronix, Inc.
[{"type":"text","content":"Award based on Lantronix E210 Router and its HY-LINE Digital Signage Case Study showcasing IoT solutions for global deployment\nIRVINE, Calif., July 10, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced that it has won a 2024 IoT Business Impact Award from IoT Evolution magazine, the leading publication covering IoT technologies. This award honors organizations for case studies that demonstrate successful deployment of their IoT solutions. Lantronix was recognized for its IoT case study highlighting its successful IoT solutions global deployment for HY-LINE Group’s Smart Shelf. This easy-to-deploy digital retail shelf signage solution delivers customer engagement and buying behavior analytics. Utilizing Lantronix’s E210 Series Router (E214) with IoT SIM Connectivity Services and Percepxion™ Cloud IoT Edge Solutions platform, this global deployment is securely and centrally managed. According to Berg Insight, the retail industry is one of the top vertical markets for IoT devices. Global shipments of IoT devices in the retail sector are projected to grow at a CAGR of 10 percent over the next three years, reaching 19 million units in 2027. Lantronix's innovative gateways and software are designed to target this market, supporting these growth trends through plug-and-play connectivity services and the Percepxion IoT Edge Solutions Platform. “We are honored to be recognized for our contributions to the IoT industry by providing end-to-end IoT solutions that give our customers the security, proven integration and ease of use to drive success,” said Mathi Gurusamy, chief strategy officer for Lantronix. “This award validates our strategy of delivering solutions that empower our customers to propel success in today’s IoT-driven world.” Lantronix HY-LINE Case Study Success Highlights: Delivers secure connectivity with network connection via LAN, WLAN or store-independent with cellular IoT SIM connectivity as an integrated data packageProvides secure remote management via the Percepxion IoT Edge Solutions Platform.Enables “National Seamless Roaming,” which automatically selects the best connection across all available cellular networksEnables scalable cloud management across the store chain, regionally, nationally or globallyCaptures data with sensors, deliver...