Innovative IoT Platform Losant's recognition in the 2024 Gartner Magic Quadrant for Global Industrial IoT Platforms highlights its position as a leading solution provider in the industrial IoT space, making it a strategic partner for businesses seeking robust IoT deployment and integration capabilities.

Active Product Development Recent launches such as support for Concise Binary Object Representation messages and new application workflows demonstrate Losant's commitment to continuous innovation and feature augmentation, presenting opportunities to sell add-ons, advanced modules, or customization services to existing clients.

Expanding Business Reach With a revenue range of 10 to 25 million dollars and recent partnerships like Atsign, Losant is positioned to grow further in the industrial and enterprise IoT market, indicating potential for upselling enterprise-scale solutions and expanding into new industry verticals.

Strong Technical Foundation Losant's use of open standards and a diverse tech stack enables seamless device connectivity and data visualization, making it a compelling platform for organizations seeking reliable and scalable IoT infrastructure, thus opening opportunities for integration services and technology partnerships.

Growth and Funding With consistent updates, a focused development team, and a $10 million funding round, Losant shows resilience and investment capability, providing potential entry points for sales of premium support, consultancy, and customized solutions tailored to high-growth IoT deployments.