Finite State Wins the 2026 IoT Industrial Solutions Award

Salt Lake City, June 29, 2026 — IoThinkTank is proud to announce that Finite State has been named the winner of the 2026 IoT Industrial Solutions Award for Product Security OS, its AI-native platform designed to help industrial organizations continuously understand, prioritize, and manage firmware and embedded software risk across connected operational environments.

Modern industrial systems increasingly depend on embedded software, connected devices, industrial control systems, and long-lived operational technology assets. As software becomes more deeply embedded into manufacturing, energy, logistics, and critical infrastructure environments, maintaining visibility into deployed firmware and software components has become essential to operational reliability, security, and compliance.

Finite State stood out for delivering a practical, scalable solution that helps industrial organizations move beyond periodic audits and reactive vulnerability management toward continuous operational assurance.

Why Finite State Won

Product Security OS provides deep visibility into firmware and embedded software running across industrial environments through binary analysis, software composition analysis, reachability intelligence, vulnerability prioritization, compliance workflows, and automated security reporting.

Rather than relying solely on vendor documentation or manually maintained inventories, the platform analyzes deployed firmware directly to identify software components, hidden dependencies, vulnerabilities, and operational risk. This approach is particularly valuable in industrial environments where connected assets often remain in service for decades and cannot be easily taken offline for validation or remediation.

The submission demonstrated strong measurable results, including a reported 90% reduction in vulnerability triage noise through reachability analysis, more than 4.4 million unreachable findings eliminated across analyzed firmware environments, analysis times reduced from over four hours to less than one hour, and 22× growth in monthly scans since 2024.

Finite State also impressed judges with its ability to connect security analysis directly to engineering, operations, and compliance workflows, helping industrial organizations maintain continuous visibility into software risk while supporting frameworks such as IEC 62443.

“Industrial organizations are increasingly dependent on software running inside connected assets that often remain deployed for decades. Finite State stood out for helping operators understand what is actually running inside those systems, prioritize the risks that matter most, and maintain continuous assurance without disrupting operations. It is a strong example of how IoT innovation can improve both security and operational resilience.”
Jordan Hayes, IoThinkTank Awards Coordinator

About the Winning Solution

Product Security OS helps industrial organizations continuously monitor software changes, newly disclosed vulnerabilities, and operational risk across connected environments. The platform generates audit-ready outputs including Software Bills of Materials (SBOMs), Vulnerability Exploitability eXchange (VEX) documents, and compliance reports that support ongoing governance and risk management efforts.

Finite State’s AgentOS orchestration layer further reduces manual effort by automating vulnerability triage, risk prioritization, and compliance evidence generation, helping security and engineering teams make faster decisions without slowing production environments.

By combining firmware visibility, operational context, compliance support, and continuous monitoring into a single platform, Finite State is helping industrial organizations shift from reactive security management to a more proactive and sustainable approach to operational assurance.