Lantronix to Display New Cloud Software Platform and Telematic Trackers at IoT Solutions World Congress

Core Insights - Lantronix Inc. is set to showcase its Percepxion® Cloud Software Platform and new telematic trackers at the IoT Solutions World Congress from May 21–23, 2024, in Barcelona [1][2] - The company aims to provide reliable, secure, and easy-to-deploy IoT solutions, supported by a strong service team [2] - The global market for aftermarket telematic devices is projected to grow at a CAGR of 10.5%, reaching 77.6 million units and a market value of $3.7 billion by 2027 [2] Product Innovations - The Tracx platform is a centralized, browser-based hub designed for comprehensive fleet and asset management, allowing users to track, dispatch, and monitor assets efficiently [3] - Lantronix's product lineup includes: - Percepxion Cloud Software Platform for secure device lifecycle management [6] - FOX4 Edge Compute Tracker, versatile for various applications [6] - Bolero 43 Edge Compute Tracker, designed for asset and fleet management with an IP68 rating [6] - M114Cat-1BIS Modem for steadfast connectivity across EMEA [6] - G520 Series Gateways for critical Industry 4.0 applications [6] - X300 Compact IoT Gateways for enhanced security and device management [6] Market Positioning - Lantronix targets high-growth industries such as Smart Cities, Automotive, and Enterprise, providing customizable solutions across the IoT Stack [6][7] - The company emphasizes its role as a key player in the IoT market, with a focus on innovative hardware and software solutions that align with market growth trends [2][6]