Solutions target three verticals: Industry 4.0, Security and Transport
IRVINE, Calif., Feb 3 (Bernama-GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for intelligent IT and Internet of Things (IoT), today announced its launch of application-specific industrial IoT solutions that address concerns in Industry 4.0, Security and Transport markets with its G520 Series Smart cellular IoT devices and services. Now available are the G520 Industrial, a competitive cellular industrial protocol converter router; and G520 Security, a high-speed LTE CAT13 and 5G communication router to reduce cybersecurity threats. G520 Transport will be launched later in 2022.The G520 industrial and security gateways offer a complete solution and comes pre-configured with Lantronix’s award-winning ConsoleFlow™ cloud-based device management, which increases operational efficiency by providing a single pane from which to manage remote assets. It also comes pre-configured for Lantronix Connectivity Services, which provide North American and global cellular data plans and VPN security with an easy-to-use cloud platform to manage SIMs and services.
“In response to the rapidly growing Industrial IoT market, Lantronix delivers competitive solutions that address and solve the market’s challenges,” said Paul Pickle, CEO of Lantronix. “Our offerings of software, hardware and connectivity services provide our customers with the proven integration and ease-of-use needed for success in today’s IoT-driven world.”
According to Berg Insight, global cellular IoT device shipments increased by 14 percent in 2020 to reach 302.7 million units and are forecasted to grow at a compound annual growth rate (CAGR) of 15.8 percent to reach 629.6 million units by 2025.
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