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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 & Services, and IoT Solutions. Co.'s IoT Products & Services segment consists primarily of communications products and communication product development services. The IoT Products & Services segment also provides services for the design of wireless communications products for customers. Co.'s IoT Solutions segment provides wireless temperature and other environmental condition monitoring services as well as employee task management services. These products and services are marketed as SmartSense by Digi.
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Strong Buy (3.75 out of 4)
(ranked higher than approx. 73% of all stocks covered)
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