Company Providing Customers with Customized Product Development and Engineering Services for M2M Applications and Solutions
Irvine, Calif. – February 4, 2014 – Lantronix, Inc. (NASDAQ: LTRX), a leading global provider of smart IoT (Internet of Things) connectivity solutions, today launched Lantronix professional services to assist customers in the development and deployment of custom M2M (machine-to-machine) applications and solutions. The range of services spans minor engineering to large, enterprise-level projects, including developing fully-customized versions and deployments of Lantronix products.
Industry analysts estimate there are currently more than 15 billion connected devices on the Internet – from PCs, laptops, smartphones and tablets, to factory equipment, vending machines and security systems. International Data Corporation (IDC) estimates the components, processes, and supporting IT and connectivity for IoT, and the related IoT services spending to generate global revenues of $8.9 trillion by 2020, growing at a compound annual rate (CAGR) of 7.9 percent -- all supporting an estimated 212 billion connected devices by 2020.
"Today, more and more companies are seeking M2M solutions that enable them to securely connect to and manage the machines that are critical to their business operations," said Kurt Busch, president and chief executive officer of Lantronix. "As an early pioneer in the M2M space, Lantronix has more than two decades of experience in developing solutions that enable companies to cost-effectively deploy M2M solutions that help them make better business decisions and improve productivity. We believe our professional services will help us to create deeper relationships with our customers and end-users of our products."
"Developing and deploying the right M2M solution can be a complex process," said Daryl Miller, vice president of engineering. "Lantronix takes pride in helping our customers to create innovative M2M solutions with the highest level of reliability. Our professional services will enable customers to tap into our extensive expertise to quickly deploy a best-in-class solution."
Through its professional services, Lantronix offers a broad range of services to assist customers with every stage of implementing an M2M solution – from planning, assessment and design to implementation, testing and post-deployment support. For customers with existing M2M installments, Lantronix provides comprehensive, real-time device management and diagnostic tools to ensure consistent application performance and operational efficiency. For more information about Lantronix's professional services, please visit www.lantronix.com, contact ProServices@Lantronix.com or call (800) 422-7055.
Lantronix, Inc. (NASDAQ: LTRX) is a global leader of secure communication technologies that simplify access and communication with and between virtually any electronic device. Our smart M2M (machine-to-machine) and IoT (Internet of Things) connectivity solutions enable sharing data between devices and applications to empower businesses to make better decisions based on real-time information, and gain a competitive advantage by generating new revenue streams, improving productivity and increasing efficiency and profitability. Easy to integrate and deploy, Lantronix products remotely and securely connect electronic equipment via networks and the Internet. Founded in 1989, Lantronix products have applications in every industry, including medical, security, industrial and building automation, transportation, retail, POS, financial, government, consumer electronics, and IT/data center. The Company's headquarters are located in Irvine, California. For more information, visit www.lantronix.com. The Lantronix blog, http://www.lantronix.com/blog, features industry discussion and updates. To follow Lantronix on Twitter, please visit .