In our last blog post, we discussed some of the reasons an organization may want to consider adding a software component to existing hardware, including the ability to generate new recurring revenue, increase margins on hardware sales, and enhance the overall value of their business. We also outlined some of the challenges organizations face as they get started (e.g., limited experience with software development) and tips to address those challenges. 

MINNEAPOLIS – October 26, 2021 – Exosite, LLC, a leading provider in the Industrial Internet of Things (IIoT) market, today announced that it was included in the October 2021 Gartner Magic Quadrant for Industrial IoT Platforms for the third consecutive year. As one of 18 vendors to meet Gartner’s inclusion criteria for the report, Exosite was evaluated in this Magic Quadrant report based on its ability to execute and its completeness of vision.

Collaboration combines Exosite’s remote monitoring application and Evalan’s BACE hardware to offer an IoT solution that is simple, fast, and cost effective

Collaboration combines Exosite’s remote monitoring technology and Eurotech’s IoT edge expertise to offer an end-to-end solution for asset-intensive industries

After a strong 2020 performance, Exosite is positioned as a leading data-focused and solution-centric platform in report evaluating IoT platform vendors

Company received stronger positioning for completeness of vision and ability to execute this year

West will utilize Exosite software and solutions to accelerate its digital transformation initiatives in the healthcare marketplace.

Number of customers using ExoSense® application grew by 10x in 2019

Integration provides complete hardware and software solution for industrial customers that simplifies and accelerates connected-product development