Lantronix Case Study focuses on Reliable and Secure Support Provided to Financial Services Industry by its Out-of-Band Solutions

Case Study: Lantronix OOB solutions enhance secure automation of critical banking infrastructure

IRVINE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions announced that it published today its case study focusing on deployment of its Out-of-Band (OOB) solutions and accompanying Level Technical Services by a leading financial services company. This large global entity has a complex IT infrastructure that includes highly distributed mission-critical servers at data centers worldwide.

“Lantronix OOB allowed the IT teams to access and manage servers that are on the SWIFT network while ensuring compliance with strict security standards,” said Jacques Issa, VP of Marketing for Lantronix. “A key part of this solution includes encrypted access to remote servers with detailed logging, monitoring, and reporting.”

By 2025, Gartner predicts 75% of enterprise-generated data will be created and processed outside a traditional data center or cloud. As the move to Edge computing accelerates, data centers are getting decentralized and OOB management helps improve Enterprise network resiliency as well as uptime while keeping IT costs low and streamlining security processes. The Edge Computing Market size is estimated at USD 15.59 billion in 2024 and is expected to reach USD 32.19 billion by 2029, growing at a CAGR of 15.60% during the forecast period (2024-2029). Source: https://www.mordorintelligence.com/industry-reports/edge-computing-mar ...

New Case Study: Leading U.S. Bank

As one of the world’s pre-eminent financial services companies, this large global bank serves hundreds of millions of customers. Its complex IT infrastructure includes highly distributed mission-critical servers at data centers worldwide. For more than 18 years and more than three product generations, this institution has chosen Lantronix’s advanced OOB hardware and software solutions for secure automation of its critical banking infrastructure. Lantronix’s solutions deliver the reliability, security and flexibility required to protect sensitive data as well as facilitate audit compliance.