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Slide #28. Digi International — Etherios
Digi International (NASDAQ:DGII)
Digi International (NASDAQ:DGII) today announced the purchase of Chicago-based Etherios, Inc., a salesforce.com Platinum Partner and creator of The Social Machine, a revolutionary new cloud-based method for integrating machines into core business processes via the Salesforce Service Cloud. Combining the iDigi Device Cloud with The Social Machine will enable almost any machine, anywhere in the world, to connect rapidly and easily to the Service Cloud. By enabling real-time machine interactions with organizations' workflows, customers will be able to benefit dramatically through improved asset management, greater machine uptime and the ability to offer proactive customer service.
Digi International is a provider of Internet of Things (IoT) connectivity products and services. Co. has two reportable operating segments: IoT Products and Services; and IoT Solutions. Co.'s IoT Products and Services segment provides products and services that assist original equipment manufacturers, enterprise and government customers create and deploy, IoT connectivity solutions. Co.'s IoT Solutions segment through its Digi Smart Solutions, use sensors, gateways and cloud based applications to enable customers in food service, retail, healthcare, and transportation/logistics and education to monitor wirelessly the temperature of food and other perishable goods.
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Strong Buy (3.83 out of 4)
(ranked higher than approx. 77% of all stocks covered)
Based on Zacks ABR data;
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