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Lantronix Inc.

Company Profile Analysis

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Lantronix Inc. - ICT showcase

Year Founded & Workforce

1989

350 Employees

Industry

ICT

Services

Global Edge Computing Market
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Lantronix Inc. Employee Contacts

4 verified contactsNames, job titles, seniority and locations

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Lantronix Inc. Overview

Company Headquarters: US

Founded: 1989

Workforce: ~350

Company Working: Lantronix Inc. is a provider of Software as a Service (SaaS), connection services, engineering services, Internet of Things (IoT) intelligent hardware solutions, and Remote Environment Management (REM). Lantronix enables its customers to deliver dependable and secure IoT Intelligent Edge and OOBM solutions while reducing time to market. Lantronix's products and services significantly simplify the creation, development, deployment, and management of IoT projects while ensuring quality, dependability, and security across hardware, software, and solutions.

Lantronix is an innovator in helping its customers to establish new business models, harness higher efficiency, and realise the possibilities of the Internet of Things, with three decades of proven experience in creating solid IoT technologies and OOBM solutions. Lantronix systems are installed within millions of devices in data centers, offices, and remote locations supporting a variety of industries such as energy, agriculture, medical, security, manufacturing, distribution, transportation, retail, financial, environmental, and government.

Strategy

Today, more businesses are seeking to streamline their operations by connecting their machines and electronic devices to the Internet, manage them remotely, and reduce costs. The growth in the IoT and REM markets are being driven by the growing importance of data, being able to act on that data, and the rapidly falling cost of sensors, connectivity, compute, and storage. While the promise is great, designing and deploying these projects is complex, costly and time-consuming. Lantronix, Inc. offerings are designed to help companies increase speed and reduce friction for their deployments through reduced complexity, decreased development costs, and increased ease of management for web-scale applications and real-world solutions; thus, driving customer value and success. The company focuses on addressing the market opportunity by offering their customers turnkey solutions, leveraging the layers of the IoT Stack, such as Collect, Connect, Compute, Control and Comprehend, through a combination of services, hardware and software enablement, accessible and manageable through our SaaS platform.

Company Snapshot

$59.88M

Revenue

350

Employees

1989

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Wide customer base
  • Strong financial position

Weaknesses

  • High dependency on America

Opportunities

  • Expanding on-cloud storage data

Threats

  • Fluctuating foreign currency

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Key Developments

DateApproachDevelopment
March 21Product LaunchLantronix Inc. showcased its embedded compute, connect and edge computing solutions at Convergence India 2021, being held March 24–26, 2021, at the Pragati Maidan in New Delhi, India. Product Launch

Product Offering

  • Lantronix Inc.
    • Global Edge Computing Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 59.9 Mn in 2020 to USD 129.7 Mn in 2022.
Lantronix Inc. — By Business Segment
Series (USD Mn)202020212022
Sales59.971.5129.7

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