SALT LAKE CITY & COLUMBUS, Ohio--(BUSINESS WIRE)--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 running inside those systems, prioritize the risks that matter most, and maintain continuous assurance without disrupting operations.”
What Made Product Security OS Win
Finite State's Product Security OS helps industrial organizations continuously monitor software changes, newly disclosed vulnerabilities, and operational risk across connected environments. It generates audit-ready outputs, including Software Bills of Materials (SBOMs), Vulnerability Exploitability eXchange (VEX) documents, and compliance reports for ongoing governance and risk management.
AgentOS, the automation engine inside Product Security OS, cuts manual effort by automating vulnerability triage, risk prioritization, and compliance evidence, helping teams make faster decisions without slowing operations.
"Connected devices now run for decades in environments that can't be taken offline, which turns product security into a continuous engineering discipline rather than a periodic audit," said Matt Wyckhouse, Finite State CEO. "We're proud to be recognized for helping the teams behind those products keep up, with security they can actually prove."
About Finite State
Finite State empowers device OEMs to ship securely while enabling engineering teams to move at the speed of AI, immediately transforming product artifacts into audit-ready assurance through a single automated workflow. Leveraging deep binary analysis and AI-native execution, the platform unifies code, compiled components, and firmware in minutes – connecting security design with deployed software. By continuously generating SBOMs, VEX, and signed compliance packages, Finite State enables connected device companies across industries such as medical devices and automotive to meet evolving regulations, including the EU Cyber Resilience Act (CRA), and deliver continuous compliance at speed. Learn more at https://finitestate.io/
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