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Energy & Power

Digi International, Inc.

Company Profile Analysis

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Digi International, Inc. - Energy & Power showcase

Year Founded & Workforce

Not available

Industry

Energy & Power

Services

D

Digi International, Inc. Overview

Digi International, Inc. is one of the leading global providers of Internet of Things (IoT), connectivity products, and services. It provides a secure platform to monitor and control distributed IoT devices. The broad product portfolio includes cellular routers & gateways, radio frequency, embedded, network, services, and solutions. The company has two major business segments, which are hardware products and services. The utility communication products are offered under the hardware products segment.

Currently, Digi International, Inc. has its presence in the US, the UK, Germany, Spain, Singapore, China, and India. Its major subsidiaries are Accelerated Concepts, Inc.(US), Digi International Limited (UK), and Digi International Sarl (France). Some of its competitors are Schneider Electric (France), Black & Veatch Holding Company (US), ABB (Switzerland), General Electric (US), and Digi International, Inc. (US).

Strategy

The company is primarily focused on mergers and acquisitions as part of its inorganic strategy. It is planning to expand its business segments by reinvesting the revenue from the previous year. It aims to enhance its product portfolio by developing new products and solutions for transportation, commercial industries, and power utilities. For instance, it developed the new digi XBee3 and dual connectivity with digi transport WR64 for redundant communication. This has helped the company extend its product lines. Additionally, it is also focused on investing heavily into developing new products by investing heavily into research and development. For instance, in the year 2017, the company invested 15.76% of their annual revenue on research and development.

Company Snapshot

$192.7M

Revenue

SWOT Analysis

Strengths

  • Focus on developing new products and technologies
  • String research and development
  • Wide product portfolio for communication products

Weaknesses

  • Declining revenue from financial year 2015

Opportunities

  • Strategic alliances for business growth
  • Increase in digitalization

Threats

  • Variation in currency exchange rates
  • intense competition from small players

Key Developments

DateApproachDevelopment
–Product developmentDigi International Inc. developed a Digi IX14 LTE industrial router to connect low bandwidth, single asset applications with an ethernet and serial port to link to a single IoT sensor or connect to a network of sensors. This development has helped the company, strengthen its product line of communication products.
–Product developmentDigi International Inc. developed Digi WR54, a wireless router for mobile and industrial environment with more reliable, secure, and high-performance in communication.
–Merger and acquisitionDigi International acquired Accelerated Concepts, Inc. for extending its market reach and technology base on its communication products.

Product Offering

  • Digi International, Inc.
    • Ethernet

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Digi International, Inc. as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Digi International, Inc.

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