Welcome to our dedicated page for Digi Intl news (Ticker: DGII), a resource for investors and traders seeking the latest updates and insights on Digi Intl stock.
Digi International Inc. develops business- and mission-critical Internet of Things connectivity products, services and solutions for enterprises, OEMs, government and industrial customers. News about DGII commonly covers fiscal results, recurring-revenue metrics, cash flow, acquisition financing, and integration activity across its IoT Products & Services and IoT Solutions businesses.
Company updates also include product and platform launches such as cellular routers, Digi Remote Manager, Genesis, Digi Accelerated Linux and AI-enabled workflow tools. SmartSense by Digi adds recurring coverage of IoT Sensing as a Service, asset monitoring, process digitization, food-safety compliance, and restaurant or retail operations research.
SmartSense by Digi, the IoT Solutions division of Digi International (NASDAQ: DGII), announced that its monitoring solutions comply with CDC guidelines for COVID-19 vaccine handling. These solutions support the entire vaccine cold chain, ensuring proper temperature management. SmartSense collects over 10 million sensor readings daily across 28,000 retail pharmacy locations. The technology protects more than $2 billion in refrigerated inventory, preparing for vaccine distribution. Continuous temperature monitoring is mandated for pharmacies, and SmartSense’s technology is ready to support ultra-cold vaccine conditions.
Digi International (NASDAQ: DGII) will announce its fourth fiscal quarter and year-end 2020 financial results on November 12, 2020, after market close. A conference call hosted by CEO Ron Konezny and CFO Jamie Loch will follow at 5:00 p.m. ET. Investors can join the call via a live webcast on Digi's investor relations page or by phone. The replay will be available for one week after the call. Digi specializes in Internet of Things solutions, having connected over 100 million devices since its founding in 1985.
Digi International (NASDAQ: DGII) and Assured Wireless Corporation (AWC) have partnered to enhance the Digi TX54 LTE router product line by integrating AWC's Power Class 1 High-Power User Equipment (HPUE). This collaboration aims to improve data throughput and connectivity for mission-critical applications, supporting first responders with reliable, high-quality wireless communication. The Digi TX54 routers feature advanced capabilities, including dual LTE-Advanced interfaces, ensuring consistent performance in challenging environments.
Digi International (NASDAQ: DGII) has formed a strategic partnership with Convergia to enhance IoT connectivity solutions. This collaboration combines Digi's enterprise-class LTE cellular routers and management software with Convergia's unlimited high-speed wireless data plans, aimed at providing primary and backup internet access via SD-WAN technology. Businesses can implement these solutions quickly, enabling rapid deployment in remote locations. The partnership aims to simplify complex internet connectivity needs while delivering speeds of up to 100 Mbps.
SmartSense by Digi has secured a multiyear deal with Schwan's Home Delivery, the largest direct-to-home food delivery provider in the U.S., to enhance food safety through advanced monitoring solutions. SmartSense will analyze over 23 million data points monthly from 3,000 trucks and 300 depots, ensuring optimal temperature and product quality. This technology aims to eliminate manual monitoring, reduce product loss, and improve operational efficiency while funding itself through resulting savings.
Digi International has announced significant updates to its Digi Remote Manager, a cloud-based platform for managing Internet of Things (IoT) devices and networks. This upgrade enhances network resilience, simplifies device deployment, and streamlines management processes. Key features include advanced configuration options, complex task automation, critical API integration, and robust security measures with 175 controls. The platform is designed to improve operational efficiency and provide a better user experience. Organizations like ElectriCities of North Carolina have reported cost savings and improved network performance.
Digi International's SmartSense has appointed Steve Habermas as the new Chief Technology Officer (CTO), effective June 20, 2020. Habermas, formerly Vice President of Engineering at LenelS2, brings extensive experience in leading engineering teams and product innovation. His background encompasses roles in various technology firms, focusing on AI-powered product development and SaaS/PaaS solutions. This strategic appointment is expected to enhance SmartSense's technology capabilities and drive product innovation, strengthening the company's position in the IoT market.
Digi International has launched the Digi IX20, a versatile industrial router designed for unattended retail, location monitoring, and other critical applications. The IX20 features robust security, redundancy, and adaptability, operating in harsh environments with temperatures ranging from -40F to +158F. Integrated with Digi Remote Manager, it simplifies device management and offers reliable connectivity through various protocols. With certifications underway in multiple regions, the IX20 aims to enhance connectivity and security for industrial IoT applications.