Gartner Recognition Losant has been recognized in the 2024 Gartner Magic Quadrant for Global Industrial IoT Platforms report, indicating a strong market presence and trust in their solutions. This recognition can be leveraged to showcase Losant's credibility and attract new enterprise clients seeking reliable IoT application enablement platforms.
Expansion through Partnerships Partnerships with companies like Atsign, Inc. demonstrate Losant's collaborative approach to expanding its IoT capabilities and market reach. This trend suggests potential collaboration opportunities for businesses looking to enhance their IoT offerings by leveraging Losant's expertise and advanced communication capabilities.
Innovative Product Updates Regular launches of new features and updates by Losant, including support for CBOR messages and cloud storage workflow nodes, showcase a commitment to innovation and staying at the forefront of IoT technology. These product enhancements provide a compelling reason for prospects to consider Losant as a partner for cutting-edge IoT solutions.
Financial Stability With a revenue range of $10M to $50M and $10M in funding, Losant demonstrates financial stability and growth potential. This financial foundation positions Losant as a reliable long-term partner for businesses seeking scalable IoT solutions, offering assurance of sustained support and investment in client success.
Competitive Landscape Losant's positioning among similar companies like Ayla Networks, Particle, and SORACOM in terms of revenue and employee size highlights its competitive strength within the IoT industry. Understanding the competitive landscape can aid in tailoring sales strategies to differentiate Losant's unique value propositions and win over clients seeking robust IoT platforms.