SALT LAKE CITY and COLUMBUS, Ohio, June 29, 2026 — Finite State, a leader in product security and software supply chain risk management, today announced that it has been named the winner of the 2026 IoT Industrial Solutions Award for the Product Security OS. The AI-native platform helps connected-device organizations continuously understand, prioritize and manage firmware and embedded software risk, including the long-lived operational environments that define industrial systems. Finite State was recognized for a practical, scalable approach to securing the embedded software, connected devices, industrial control systems and operational technology that must run reliably for decades. As software grows more deeply embedded across manufacturing, energy, logistics and critical infrastructure, visibility into deployed firmware and software components has become essential to keeping operations secure and compliant. Why Finite State won The Finite State Product Security OS provides deep visibility into firmware and embedded software through binary analysis, software composition analysis, reachability intelligence, vulnerability prioritization, compliance workflows and automated security reporting. Rather than relying on vendor documentation or manually maintained inventories, the platform analyzes deployed firmware directly to identify software components, hidden dependencies, vulnerabilities and operational risk. Beyond detection, Finite State connects that analysis to engineering, operations and compliance, keeping what is designed, deployed and operating in the field in alignment. Finite State's measurable results include: - 90% reduction in vulnerability triage noise through reachability analysis - More than 4.4 million unreachable findings eliminated across analyzed firmware environments since 2024 - Analysis times reduced from over four hours to less than one hour - 22× growth in monthly scans since 2024 as organizations adopted continuous monitoring approaches “Industrial organizations are increasingly dependent on software running inside connected assets that often remain deployed for decades,” said Jordan Hayes, IoThinkTank Awards coordinator. “Finite State stood out for helping operators understand what is actually