Suppliers United States Xyte

	Xyte
HQ Location	United States
Year Founded	2019
Company Type	Private
Revenue	< $10m
Employees	11 - 50
Website	Open website

Xyte

HQ Location

United States

Year Founded

2019

Company Type

Private

Revenue

< $10m

Employees

11 - 50

Website

Open website

Company Description	Xyte’s Device Cloud is the first all-in-one servitization platform designed for device and hardware manufacturers to cloudify, operate, support, and commercialize their connected devices in a unified platform. We enable OEMs across different industries to navigate their digital journey, transforming their devices into integrated business solutions that combine hardware, software and services. The only business and commerce platform designed specifically for IoT device manufacturers, our fully-federated Device Cloud empowers OEMs to manage the complete lifecycle of their devices, from the minute they leave the warehouse through aftermarket sales to end customers. Our out-of-the-box applications for asset management, remote support, ecommerce and subscription management, financing, and a powerful and secure back office suite help OEMs boost revenue and market growth, optimize operational efficiencies, gain instant insights into equipment and device performance, and develop sustainable customer relationships. Read More
Contents

Company Description

Xyte’s Device Cloud is the first all-in-one servitization platform designed for device and hardware manufacturers to cloudify, operate, support, and commercialize their connected devices in a unified platform. We enable OEMs across different industries to navigate their digital journey, transforming their devices into integrated business solutions that combine hardware, software and services. The only business and commerce platform designed specifically for IoT device manufacturers, our fully-federated Device Cloud empowers OEMs to manage the complete lifecycle of their devices, from the minute they leave the warehouse through aftermarket sales to end customers. Our out-of-the-box applications for asset management, remote support, ecommerce and subscription management, financing, and a powerful and secure back office suite help OEMs boost revenue and market growth, optimize operational efficiencies, gain instant insights into equipment and device performance, and develop sustainable customer relationships.

Xyte’s Technology Stack maps Xyte’s participation in the IoT technology stack.

Application Layer
Functional Applications

Cloud Layer
Platform as a Service

Infrastructure as a Service

Edge Layer
Automation & Control

Processors & Edge Intelligence

Actuators

Sensors

Devices Layer
Robots

Drones

Wearables

Supporting Technologies
Analytics & Modeling

Application Infrastructure & Middleware

Cybersecurity & Privacy

Networks & Connectivity

Technological Capability

None

Minor

Moderate

Strong

Number of Podcasts1

EP 210 - Hardware Meets SaaS: Transforming Devices into Subscription Models - Omer Brookstein, CEO & Co-founder, Xyte

Monday, Nov 04, 2024

In this episode, we spoke with Omer Brookstein, CEO & Co-founder of Xyte, about the transformative potential of IoT for device manufacturers and the emerging shift towards service-oriented business models. We delved into how companies can leverage connected device platforms to manage the full lifecycle of their IoT devices, monetize features, and create long-term customer value. The conversation also explored the practical and business challenges of implementing subscription and usage-based models across industries.

Key Insights:

Subscription Shift: IoT enables manufacturers to adopt subscription and usage-based models for sustained revenue.
Business Model Transformation: Moving to service-based models requires cross-functional collaboration and strategic alignment.
Empowering Partners: Platforms help channel partners add value, boosting recurring revenue opportunities.
Simplifying Complexity: Unified platforms reduce inventory and operational burdens by enabling remote feature management.
Future-Ready Flexibility: Modular, collaborative platforms support growth and adapt to evolving business needs.

IoT ONE database: https://www.iotone.com/case-studies

The Industrial IoT Spotlight podcast is produced by Asia Growth Partners (AGP): https://asiagrowthpartners.com/

Download PDF Version

Overview

Xyte

IoT Snapshot

Technology Stack

Podcasts