Lantronix All-in-One Connectivity Solution Enables Remote Management of Retail Stores and Pop-up Sites

Rhea-AI Summary

Lantronix Inc. (LTRX) has announced its all-in-one connectivity solution designed to enhance the management and monitoring of distributed retail sites. This innovation aims to improve operational efficiency and increase uptime, ultimately helping stores grow their revenues. The solution enables remote control of IT and IoT devices, facilitating troubleshooting without on-site technical staff. Current market trends indicate a growing need for such connectivity solutions due to the increasing complexity of network management in retail environments.

Positive

• Real-time management and monitoring capabilities enhance operational efficiency.
• Solution reduces reliance on on-site technical personnel, minimizing costs.
• Improves uptime of services critical for revenue generation in retail.

Negative

• None.

Real-time management and monitoring of distributed sites improve operational efficiency and increase uptime, helping stores grow revenues

IRVINE, Calif., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT), provides an all-in-one connectivity solution that delivers real-time management and monitoring of distributed retail sites and pop-up stores, improving operational efficiency and increases uptime, helping stores grow revenues.

“Controlling the connectivity at small retail stores and pop-up sites can be daunting. With networks increasingly deploying IT infrastructure in remote locations and data is collected closer to its source, there’s a greater need to remotely monitor and manage the equipment from a central location,” said Jacques Issa, VP of Marketing at Lantronix Inc.

“Lantronix’s all-in-one solution provides a secure connection through a secondary interface that is physically separate from the primary network connection, enabling troubleshooting and remediation at the edge to be quickly addressed to avoid a catastrophic network failure,” he added.

According to Gartner’s 2020 Gartner Market Guide for Network Performance Monitoring and Diagnostics, 50 percent of network operations teams will be required to rearchitect their network monitoring stack due to the impact of hybrid networking by 2024 (including edge and cloud monitoring). The report recommends that users future-proof their network monitoring solutions by investing in tools that provide the required level of visibility into hybrid environments including edge and cloud monitoring. Prospective buyers of monitoring tools must improve alignment between network and security operations by coordinating NPMD procurement decisions with security analytics.

Case Study: Global Remote Environment Management of Retail Stores and Pop-up Sites
Lantronix all-in-one connectivity solution, comprising Lantronix SLB, ConsoleFlow™ and Lantronix Connectivity Services (LCS), delivered a secure solution for global remote environment management of retail stores and pop-up sites, including hardware, software and cellular connectivity.

Challenge: Remotely Manage Distributed Sites to Ensure Uptime
Since most small retail stores and pop-up sites typically have no technical personnel on-site, there is no one to ensure that stores stay connected for important services, such as point-of-sale devices. When connectivity goes down, so do sales.

Challenges include:

• Gain remote IT and connectivity management
• Enable single-source management platform
• Remotely troubleshoot to ensure uptime
• Ensure secure access through encryption

Solution: Lantronix All-in-One Connectivity Solution
Secure Lantronix Branch (SLB) Office Manager is used where space is limited, budget is tight and there are no on-site IT personnel. It is a hybrid appliance combining a console manager and a PDU to quickly and securely provide remote real-time visibility and control over IT and IoT equipment at distributed sites.

Integrated with ConsoleFlow, Lantronix’s cloud-based management software platform, SLB gives users the ability to remotely manage and control all devices from a desktop or mobile app. ConsoleFlow enables users to view and manage globally distributed assets from a single pane of glass from virtually anywhere.

For sites without hard wiring, Lantronix Connectivity Services delivers reliable global cellular solutions that are deployed quickly and easily with a single SIM card and global plan that leverages more than 600 networks worldwide in 185 countries.

Capabilities include:

• Ability to manage all sites from a single platform
• Compatibility with LTE or dial-up models
• Small equipment that fits neatly in data closets
• Integrated power and serial interface
• Remote diagnostics and repairs
• Global cellular connectivity

Results: Increased Revenues at Small Retail and Pop-up Store Sites
The Lantronix solution delivers real-time monitoring and management of distributed retail sites and pop-up stores. Improving operational efficiency and increasing uptime helps stores grow revenues.

Benefits Include:

• Integrated remote management solution
• Instant access for troubleshooting
• Remote support and management of uptime
• No need for technical staff onsite
• Reduced need for costly on-site service calls
  
  

“Secure, reliable connectivity is essential to keeping store point-of-sale devices live. With Lantronix’s solution, remote troubleshooting is fast, reducing downtime and costly, time-consuming service calls, resulting increased revenues,” said Fathi Hakam, VP of Engineering at Lantronix Inc.

Click here for the complete case study.

About Lantronix

Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware.

Lantronix enables its customers to accelerate time to market and increase operational up-time and efficiency by providing reliable, secure and connected Intelligent Edge IoT and Remote Management Gateway solutions.

Lantronix’s products and services dramatically simplify the creation, development, deployment and management of IoT and IT projects across Robotics, Automotive, Wearables, Video Conferencing, Industrial, Medical, Logistics, Smart Cities, Security, Retail, Branch Office, Server Room, and Datacenter applications. For more information, visit the Lantronix website.

Learn more at the Lantronix blog, which features industry discussion and updates. Follow Lantronix on Twitter, view our YouTube video library or connect with us on LinkedIn.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to our solutions, technologies and products. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; the impact of the COVID-19 outbreak on our employees, supply and distribution chains, and the global economy; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2020, filed with the Securities and Exchange Commission (the “SEC”) on September 11, 2020, including in the section entitled “Risk Factors” in Item 1A of Part I of such report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

© 2021 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com
949-453-7158

Lantronix Analyst and Investor Contact:
Jeremy Whitaker
Chief Financial Officer
investors@lantronix.com
949-450-7241

Lantronix Sales:
sales@lantronix.com
Americas +1 (800) 422-7055 (US and Canada) or +1 949-453-3990
Europe, Middle East and Africa +31 (0)76 52 36 744
Asia Pacific + 852 3428-2338
China + 86 21-6237-8868
Japan +81 (0) 50-1354-6201
India +91 994-551-2488

FAQ

What is Lantronix's all-in-one connectivity solution for retail sites?

Lantronix's all-in-one connectivity solution allows for real-time management and monitoring of distributed retail locations to enhance operational efficiency and increase uptime.

How does Lantronix's solution benefit small retail stores?

The solution provides remote control over IT and IoT devices, reducing the need for on-site technical staff and allowing for quick troubleshooting, which helps maintain service uptime.

What challenges does the Lantronix solution address for retailers?

The solution addresses challenges such as remote IT management, the need for a single-source management platform, and ensuring secure access through encryption.

How does Gartner's report relate to Lantronix's offerings?

According to Gartner, by 2024, 50% of network operations teams will need to rearchitect their monitoring stacks, indicating a market demand that Lantronix's solutions fulfill.

What percentage of network operations teams will need to rearchitect their networks by 2024?

Gartner predicts that 50% of network operations teams will need to rearchitect their network monitoring due to the impact of hybrid networking.