Lantronix Inc. was named a finalist in The Top 100 Software Companies of 2024 ranking by The Software Report on October 2, 2024. This recognition highlights the company's commitment to advancing business efficiency and fostering innovation within the IoT sector.
The finalist placement was attributed in part to Lantronix’s Percepxion Cloud IoT Edge Solutions platform, which has been deployed by a diverse range of companies from Fortune 100 enterprises to startups. The Percepxion platform provides comprehensive device lifecycle management through Web, APIs, and mobile apps.
This acknowledgment underscores Lantronix's strategic positioning to capitalize on the expanding Enterprise IoT market, which grew 15 percent year-over-year to reach $269 billion in 2023. The company's solutions are designed to meet increasing demand for secure, scalable IoT management across various industries.
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