Ohio-based Losant has won the Frost & Sullivan 2022 Technology Innovation Leadership Award for its embedded edge agent that enhances agility and time to market.

Losant’s platform removes the complexity of developing customised IoT applications with its edge and cloud platform, helping global businesses tailor their IoT offering with a customisable user interface that goes beyond basic branding for enterprise connected products.

The embedded edge agent in the WebAssembly module was the result of two years of research and development investment. It dynamically updates the runtime behaviour with speed and agility. Frost & Sullivan said Losant’s embedded edge computing functionality enabled production lines to be more responsive via integration with machine sensors, controllers and gateways.

The company’s edge features that are directly integrated into its IoT platform offer a ready-to-use method for data collection, processing, analysis and visualisation, providing real-time insights. Losant’s users can access and manage data with a drag-and-drop dashboard that facilitates the typical time-consuming application development process.

“Unlike market leaders who use a full-code approach, Losant’s platform is low-code based and therefore more usable than other platforms that require customised development,” said Carina Gonçalves, industry principal at Frost & Sullivan. “Losant’s full application programming interface helps clients customise their IoT solution and integrate with additional internal or external services faster. The drag-and-drop workflow editor stands out in the market because it allows enterprises to build custom workflows and manage complex interactions between edge devices, networks and the cloud on their own, without programming resources.”

This low-code approach to cloud and edge deployment boosts agility and time to market by enabling an easily operated environment where non-developers can quickly and seamlessly deploy products and services. To secure its customers’ information, the company leverages encryption technologies, meeting rigorous security requirements while ensuring a flexible deployment model.

Additionally, Losant collects its customers’ device data in a managed and scalable database while maintaining a flexible pricing model that focuses on each business’ needs. As a result, Losant helps reduce the cost of IoT deployment, while removing the complexity in development.

“Losant takes a unique approach to the market, with a solution that is at once portable, usable and customisable,” said Gonçalves. “The platform can be deployed in public or private clouds or on-premises environments, whereas most market players can only implement their platforms in public cloud or on-premises native environments. Frost & Sullivan believes these unified, embedded and edge workflows in the field with application and experience workflows in the cloud are a market-first value proposition that can appeal to many customers with hybrid environments.”

Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognises the quality and the customer value enhancements it enables.