Inseego

About Inseego

Inseego Corp. is a technology company specializing in 5G and 4G LTE wireless hardware, alongside cloud-based software platforms. The company, which began as Novatel Wireless, Inc. in 1996, was formed as a spin-off from Interstate Electronics Corporation. It later rebranded to Inseego in 2016 to reflect a strategic shift from the consumer-focused MiFi mobile hotspot business towards enterprise SaaS solutions and the Internet of Things (IoT) market.

Inseego's business model combines hardware sales with recurring revenue from its Software-as-a-Service (SaaS) offerings. It generates income through the sale of 5G fixed wireless access (FWA) devices, mobile hotspots, and industrial gateways, as well as through subscriptions to its cloud management platforms like Inseego Connect and Inseego Subscribe. The company's hardware portfolio includes Wavemaker indoor and outdoor routers, MiFi mobile hotspots, and ruggedized Skyus modems for various industrial applications. These products provide high-speed, secure wireless connectivity for enterprise, government, and consumer clients, partnering with major network providers such as T-Mobile, Verizon, and AT&T.

The firm's software solutions enable remote management, configuration, and security for large deployments of its devices. This includes Inseego Connect for device management and Inseego Ctrack, a platform for fleet and asset tracking. The company primarily targets commercial customers in sectors like public safety, transportation, utilities, retail, and healthcare. While a pioneer in the mobile hotspot category, Inseego has strategically pivoted to focus on higher-margin enterprise and IoT applications to drive growth.