PI 📈 Impinj - Overview

Impinj Inc, a company listed on the NASDAQ under the ticker PI, has established itself as a key player in the realm of cloud connectivity, operating across a broad geographical spectrum that encompasses the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The core of its operation is a platform that facilitates wireless connections between items, thereby enabling the seamless delivery of data to a wide array of business and consumer applications. This platform is multifaceted, comprising endpoint ICs, which are essentially miniature radios-on-a-chip designed to attach to host items, each endowed with a unique identifier. Furthermore, the platform includes systems products such as reader ICs, readers, and gateways, which are pivotal in wirelessly powering and communicating with endpoint ICs on host items, allowing for the reading, writing, authentication, and engagement of these ICs.

The company's technological offerings are complemented by a suite of software and algorithms, designed to empower its partners in solving complex enterprise business problems. Examples of these solutions include retail self-checkout systems and loss prevention strategies, which underscore the company's commitment to leveraging technology to enhance operational efficiency and reduce costs. Impinj's client base is diverse, spanning industries such as retail, supply chain and logistics, automotive, aviation, banking, data centers, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel. The company's products and services are primarily delivered through partnerships with original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners, highlighting its strategic approach to market penetration and customer reach.

Founded in 2000 and headquartered in Seattle, Washington, Impinj Inc has evolved over the years, adapting to technological advancements and market demands. With a web presence at https://www.impinj.com, the company provides easy access to information about its products, services, and mission. Listed with the ISIN US4532041096 as a common stock, Impinj falls under the Semiconductors sub-industry within the GICS classification, reflecting its core business of designing and manufacturing semiconductor products that enable wireless connectivity and data transfer. This classification is a testament to the company's specialized role in the tech industry, particularly in the development of endpoint ICs and other related systems that form the backbone of its cloud connectivity platform.