Lantronix Expands Family of M110 Mobility Solutions With New M114 CAT-1BIS Modem, Pre-Configured With Percepxion IoT Software
Lantronix Inc. introduces the new M114 CAT-1BIS modem, expanding its M110 mobility solutions with a compact, low-power serial-to-cellular modem. The modem comes pre-configured with Percepxion™ IoT software for secure device lifecycle management at the edge. With a small form factor and low-power consumption, the M114BIS is ideal for industrial applications, offering speedy device deployment and remote management.
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Lantronix Inc. launches the M114 CAT-1BIS modem in EMEA markets to cater to the growing need for connectivity in remote and temporary locations.
The global market for cellular modems/gateways is estimated to reach $2.5 billion in 2027, growing at a CAGR of 12.1 percent.
The M114 CAT-1BIS modem provides compact design, low-power consumption, and speedy device deployment with remote management capabilities.
Lantronix's Percepxion™ IoT software ensures secure device lifecycle management for industrial applications.
The M114 CAT-1BIS modem is compatible with Lantronix Connectivity Services, simplifying connectivity for IoT devices globally.
03/20/2024 - 04:00 AM
Compact Form Factor, Low-Power Serial-to-Cellular Modem Delivers Connectivity for Remote Control of Industrial Equipment
IRVINE, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today announced the addition of the new M114 CAT-1BIS modem to its family of M110 mobility solutions. Available now in EMEA markets, the M114 CAT-1BIS is a serial-to-cellular modem that comes pre-configured with Lantronix’s new Percepxion™ IoT software to provide secure, comprehensive device lifecycle management at the edge.
“The cellular router and gateway market is driven by the growing need to connect assets and workforces in remote and temporary locations as enterprises digitalize their operations,” said Jacques Issa, vice president of Marketing at Lantronix Inc. “A trusted resource for IoT solutions that deliver reliable and secure connectivity at the edge, Lantronix is pleased to expand its M110 mobility solutions family with the new M114 CAT-1BIS modem.”
According to Berg Insight, the estimated annual global shipments of cellular modems/gateways amounted to 5.6 million units in 2022, which generated annual revenues of $1.4 billion with the market value in the European region accounting for $366 million . Berg Insight also forecasts that the global market will grow at a CAGR of 12.1 percent in the next five years, reaching $2.5 billion in 2027.
Delivered in a cost-effective, small form factor, the low-power M114 CAT-1BIS modem provides serial-to-cellular communication with the coverage, reliability and speeds of the existing CAT-1 network, using a single antenna design. It is ideal for industrial applications, including automation, M2M, door control systems, escalators, elevators and machine sensors.
The M114BIS modem’s key features include:
Compact Design. With a low footprint and small form factor (60 x 66 x 21.7 mm), M114BIS is ideal for use where space is at a premium.Low-Power Consumption . Its low-power requirement makes it ideal for remote applications where power may be limited or where power efficiency is important.Speedy Device Deployment and Remote Management. The M114BIS is pre-configured for use with Lantronix’s Percepxion Cloud IoT Edge Solutions Platform which delivers a single pane-of-glass for device deployment and lifecycle management.Connectivity Services. The M114 CAT-1BIS is compatible with Lantronix Connectivity Services , an IoT cellular platform that simplifies connecting a global array of IoT devices on every network using a single Global or EMEA SIM card.Learn more about Lantronix’s M110 series gateways here .
About Lantronix Lantronix Inc. is a global provider of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.
For more information, visit the Lantronix website
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What is the new product introduced by Lantronix Inc.?
Lantronix Inc. introduced the new M114 CAT-1BIS modem.
What is the ticker symbol for Lantronix Inc.?
The ticker symbol for Lantronix Inc. is LTRX.
What is the estimated global market value for cellular modems/gateways in 2027?
The estimated global market value for cellular modems/gateways in 2027 is $2.5 billion.
What are the key features of the M114 CAT-1BIS modem?
The key features of the M114 CAT-1BIS modem include compact design, low-power consumption, speedy device deployment, and compatibility with Lantronix Connectivity Services.
What is the purpose of Lantronix's Percepxion™ IoT software?
Lantronix's Percepxion™ IoT software provides secure device lifecycle management for industrial applications.
