The inception of Exosite in 2009 was spearheaded by founders and early collaborators deeply rooted in the realms of product design, electronics, firmware, and manufacturing. This venture was inspired by a clear vision shaped by existing realities of the time.
- Product In Field Updates: The only way to update most products in the field at this time was by using a USB drive or a computer with a serial port to send out to the field or have the units returned. Connecting a fleet of electronics or machines for the purposes of updating firmware in and of itself would save many organizations from costly support software updates.
The Cloud Enables Endless Functionality: The possibilities for 'features' and functionality for products and machines becomes endless once the data is made available to an externally connected data platform. i.e. The 'Cloud' can become a feature for a microcontroller. - Data Empowers: Data collected from products, equipment, and processes allows organizations to leverage information for improving their product offering, make better business decisions, and to enable improved maintenance and services.
The launch of Exosite's first IoT Platform, named One Platform, validated the need in the industry for an off the shelf approach to connecting fleets of devices, managing data, and ways to build web-based applications quickly to interface with this information. Exosite's Portals dashboarding application allowed customers to quickly develop customized IoT applications and rapidly evaluate connected hardware. Exosite partnered with many of the world's leading silicon & connectivity companies during this time to provide IoT evaluation and development kits including Renesas, Texas Instruments, Microchip, Intel, Broadcom, and Atmel.
The concept of 'IoT' surged in popularity, paralleled by a boom in the adoption of low-powered wireless sensors and more affordable cellular network connections, sparking an industry-wide epiphany on the untapped potential of connecting products.
Over the next few years, Exosite experienced dramatic customer adoption with commercial and industrial manufacturers, as well as with organizations specializing in service delivery on high-value assets. Through these engagements, Exosite developed a talented team with an in-depth understanding of the features, capabilities, and user experiences these diverse organizations required. Exosite incorporated this experience into its next-generation IoT platform, Murano®, which was launched in 2016, and its no-coding application suites, ExoHome® and ExoSense®, which were launched in 2018.
Together, these technologies enabled a new class of off-the-shelf IoT deployment that some of the world’s largest organizations—like Parker Hannifin, West Pharmaceutical Inc.,,and Fairbanks Morse —trust to accelerate their digital transformation initiatives. They also earned Exosite significant industry accolades, including recognition in the Gartner Magic Quadrant for Industrial IoT Platforms, MachNation IoT Application Enablement Platform (AEP) Scorecard, and the Forrester Wave™: IoT Software Platforms.
Exosite continues to expand its products and services offering that include continued investment in Asset Condition Monitoring, Data Analytics, Machine Learning and AI, Work Order and Maintenance Management, eXtended Reality (XR), and providing more deployment options for our platform including dedicated hosted and on-prem to offer best-in-class features that enable organizations to quickly deploy connected solutions.
