Lantronix Inc, a global leader in IoT computing and connectivity solutions, announced that its innovative Percepxion cloud software platform and new Telematic computing trackers FOX4 and Bolero 43 will be presented for the first time at the next World Congress of IoT Solutions, which will be held from May 21 to 23, 2024 at the Gran Vía Campus in Barcelona. Lantronix will also debut its upcoming centralized, browser-based Tracx hub for comprehensive fleet and asset management. Lantronix will exhibit its products at stand B98.
Mathi Gurusamy, Chief Strategy Officer at Lantronix, says: “We are excited to showcase our latest solutions, including the Percepxion cloud software platform and our expanded line of hardware products, at this year’s IoT Solutions World Congress. “Lantronix is the best option for IoT success, offering a set of reliable, secure and easy-to-deploy solutions, as well as the support of its exceptional customer service team.”
According to Berg Insight, global shipments of aftermarket telematics devices will grow at a compound annual growth rate (CAGR) of 10.5% over the next five years to reach 77.6 million units in 2027 for a total value of market estimated at US$3.7 billion by 2027. Lantronix’s innovative hardware and software effectively adapt to this market, supporting these growth trends.
Also Read: Modern HPC server platforms from MiTAC and TYAN are the focus of ISC High Performance 2024
Presentation of Tracx: A revolutionary hub for fleet and asset management
The Tracx platform, scheduled to launch soon, is a centralized, browser-based hub designed to revolutionize fleet and asset management. This comprehensive tool allows users to effortlessly track, submit, monitor and gain valuable insights into their assets through a single, streamlined platform.
Lantronix Inc. is a global provider of IoT computing and connectivity solutions targeting high-growth sectors such as smart cities, automotive and enterprise. Lantronix products and services enable companies to achieve success in the growing IoT markets by offering customizable solutions that address the different layers of the IoT stack. Lantronix’s cutting-edge solutions include smart substation infrastructure, infotainment and video surveillance systems, plus advanced out-of-band (OOB) management for cloud and edge computing.
SOURCE: GlobeNewswire