Digi International is shifting from one-off hardware sales to subscriptions, aiming to make revenue steadier as more companies need secure connections for cloud, edge, and industrial networks. The upside looks tied to how well that shift holds up through uneven demand, trade costs, and tough competition.Read more
Digi International is shifting from one-off hardware sales to ongoing services, and growing demand for connected equipment could make that change pay off faster than many expect. The flip side is that rising component costs, tougher competition, and a slower move into software could squeeze results if execution slips.Read more
Digi International sells the connectivity gear that helps machines and devices stay online, but growing global tensions and tougher rules could make it harder and more expensive to build and ship what customers need. See why some expect costs and competition to bite even as the company pushes into more predictable subscription-like revenue and a more resilient supply chain.Read more
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Digi International Inc. provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. It operates through IoT Products & Services, and IoT Solutions segments. The company offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote access to network equipment in data centers and at edge locations; and radio frequency products, including embedded wireless modules, off-the-shelf gateways, modems, and adapters under the Digi XBee brand. It also provides embedded system products under the Digi Connect, and ConnectCore brands; and infrastructure management products comprising serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it provides Digi Remote Manager and Lighthouse, a recurring revenue cloud-based service that offers a secure environment for customers to manage connected device deployment and network devices; SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitoring facilities or pharmacies by tracking the completion of operating tasks by employees, and quality control and incident management in food service, healthcare, and transportation/logistics industries; and Ventus for MNaaS solutions. Further, the company provides professional services, such as site planning, implementation management, application development, and customer training; data plan subscriptions; and enhanced technical support services, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.
