Digi International Is Increasingly Focusing on Software and Subscriptions in the $800 Billion IoT Market
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Digi International is a provider of connectivity products and services in the Internet of Things (IoT) sector. The company enables its customers to securely connect and monitor business-critical assets. Annual recurring revenue reached a record high of $191 million. SmartSense, Ventus, routers/gateways, and data centers are driving growth. The new AI agent DANI is strengthening the software business and enabling more efficient management of large device fleets. With a price performance of over 72% since the beginning of 2026,...
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