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Digi International Inc. - Common Stock (DGII)

23.07
-1.09 (-4.51%)
NASDAQ · Last Trade: Apr 8th, 3:19 PM EDT
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Competitors to Digi International Inc. - Common Stock (DGII)

Advantech Co., Ltd.

Advantech competes with Digi International by offering a wide range of IoT hardware and software solutions tailored for industrial applications. Both companies work in similar sectors, especially in automation and smart manufacturing. Advantech has a competitive edge with its strong emphasis on embedded systems and a more extensive portfolio of industrial automation products, which attract a different segment of customers.

Gemalto (now part of Thales Group)

Gemalto, acquired by Thales Group, competes with Digi International primarily in connectivity and security solutions for IoT applications. Both companies aim at enabling secure communication for connected devices. Gemalto possesses a competitive advantage in its robust cybersecurity offerings and strong integration into telecommunications, providing an advantage in industries where security is paramount.

Libelium

Libelium competes with Digi International by providing IoT sensor networks and solutions aimed at specific industries, such as smart cities and environmental monitoring. The competition lies in their ability to deliver niche solutions that cater to specialized market needs. While Digi offers a broader range of connectivity solutions, Libelium has a competitive advantage in custom sensor integration and application in specific verticals.

Sierra Wireless, Inc.

Sierra Wireless competes with Digi International by offering similar IoT products, including cellular modules and connectivity services. Both companies target the industrial IoT segment with products that help businesses connect devices and manage data. Sierra Wireless holds a competitive advantage due to its strong partnerships with wireless carriers and its established reputation in the North American market.

Telit Communications PLC

Telit Communications competes with Digi International by providing comprehensive IoT solutions, including modules, connectivity, and cloud platforms. Both companies cater to similar market segments, focusing on enabling IoT connectivity for various industries. However, Telit has a competitive advantage in its diverse module offerings and strong global presence, particularly in Europe and Asia, allowing for greater customer reach.