Serial to ethernet device - or call another name "Serial Server" is The Device can send and receive data by standard industrial EIA-232,422,485.
It can convert Serial RS232 Protocol to Ethernet TCP/IP Protocol it will make serial device use ethernet protocol (LAN Network) call RS232 over ethernet such as Camera, POS RFID, Controller Module, CNC Machine, Data logger.
Ethernet have many advantage than serial protocol Maximum Cable Length (ethernet 100 m.) (Serial 15 M.) Bandwidth (ethernet 10Mb-100Mb) (serial 1kbps - 1Mbps)