SlideShare a Scribd company logo
1 of 2
PTC Named a Global Leader in IoT Platforms by IDC MarketScape
ThingWorx Identified as One of the More Robust Application Enablement Platforms
NEEDHAM, Mass. – July 20, 2017 –– PTC (NASDAQ: PTC) today announced it has been named a
leader in the IoT platform market according to a new research report from IDC, entitled “IDC
MarketScape: WorldwideIoT Platforms (Software Vendors) 2017 Vendor Assessment” (doc
#US42033517, July 2017). The IDC MarketScape recognized the ThingWorx®
Industrial IoT platform
from PTC as one of the more robust application enablement platforms available today. ThingWorx
also provides deployment flexibility to customers through native integration with numerous cloud
platforms.
The IDC MarketScape report examined the capabilities and strategies of PTC and 11 other IoT
platform vendors. Each company was evaluated according to a comprehensive set of criteria,
including the core elements of an IoT platform: connectivity management, device management,
data ingestion, processing, management, visualization tools, application enablement tools, and
analytics.
PTC has been an early leader in IoT, having announced the eighth version of its IoT platform earlier
this year during the LiveWorx®
IoT industry event hosted by PTC. More than 1,200 companies and
250 partners have selected ThingWorx as their IoT platform, and many system integrators have
built IoT competency centers around the ThingWorx technology.
ThingWorx is the core of PTC’s IoT technology portfolio, comprisedof a rapid application
development platform, connectivity, machine learning capabilities, augmented reality, and
integration with leading device clouds. These capabilities combine to deliver a robust IoT
technology stack that enables customers to securely connect assets, quickly create applications,
and innovate new ways to capture and manipulate data on the edge to generate value.
The report highlighted several strengths, noting “PTC's heritage in CAD and engineering software
plus its augmented reality assets make PTC well suited to develop digital twin technology like that
found in its ThingModel inside ThingWorx — a feature that will be in increasingly high demand
from industrial customers.” The report goes on to recognize PTC for its “many investments in
Industrial IoT technology that demonstrate its commitment to the space. Customers note that PTC
offers a feature-rich platform.”
“PTC has established itself as a leader in the IoT platform market, as it offers one of the more
robust application enablement platforms availabletoday with ThingWorx,” said Stacy Crook,
research director, IDC’s Internet of Things Ecosystem and Trends. “PTC has been successful in
establishing partner relationships with significant players in the IoT ecosystem and does not have
allegiance to a single cloud platform, giving customers flexible deployment options.”
“We’re pleased that the IDC MarketScape recognized PTC’s strengths and positioned us as a leader
among IoT platforms,” said Jim Heppelmann, president and CEO, PTC. “PTC is committed to leading
the convergence of the physical and digital worlds by making the IoT and augmented reality (AR)
accessible, intuitive, and robust. With ThingWorx, companies can transform their businesses and
capitalizeon the power of the IoT and AR faster than ever.”
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive
fitness of ICT (information and communications technology) suppliers in a given market. The
research methodology utilizes a rigorous scoring methodology based on both qualitative and
quantitative criteria that results in a single graphical illustration of each vendor’s position within a
given market. IDC MarketScape provides a clear framework in which the product and service
offerings, capabilities and strategies, and current and future market success factors of IT and
telecommunications vendors can be meaningfully compared. The framework also provides
technology buyers with a 360-degree assessment of the strengths and weaknesses of current and
prospective vendors.
About PTC (NASDAQ: PTC)
PTC has the most robust Internet of Things technology in the world. In 1986 we revolutionized
digital 3D design, and in 1998 were first to market with Internet-based PLM. Now our leading IoT
and AR platform and field-proven solutions bring together the physical and digital worlds to
reinvent the way you create, operate, and service products. With PTC, global manufacturers and an
ecosystem of partners and developers can capitalize on the promise of the IoT today and drive the
future of innovation.
PTC.com @PTC Blogs
PTC, ThingWorx, LiveWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. or
its subsidiaries in the United States and other countries.
Media contacts
PTC FleishmanHillard
Corporate Communications Sara Steindorf
Jack McAvoy 314-982-1725
781-370-6143 sara.steindorf@fleishman.com
jmcavoy@ptc.com

More Related Content

More from PTC

More from PTC (20)

PTC Product Lifecycle Management SaaS Bookings Double Over Last Four Quarters
PTC Product Lifecycle Management SaaS Bookings Double Over Last Four QuartersPTC Product Lifecycle Management SaaS Bookings Double Over Last Four Quarters
PTC Product Lifecycle Management SaaS Bookings Double Over Last Four Quarters
 
PTC Marks 15 Years of Partnering with DoD STARBASE Program for Hands-On STEM...
PTC Marks 15 Years of Partnering with DoD STARBASE Program  for Hands-On STEM...PTC Marks 15 Years of Partnering with DoD STARBASE Program  for Hands-On STEM...
PTC Marks 15 Years of Partnering with DoD STARBASE Program for Hands-On STEM...
 
Are You Delivering Customer-Centric Technical Illustrations?
Are You Delivering Customer-Centric Technical Illustrations?Are You Delivering Customer-Centric Technical Illustrations?
Are You Delivering Customer-Centric Technical Illustrations?
 
Top 7 Considerations for High Velocity Maintenance
Top 7 Considerations for High Velocity MaintenanceTop 7 Considerations for High Velocity Maintenance
Top 7 Considerations for High Velocity Maintenance
 
Three Keys to True Inventory Optimization
Three Keys to True Inventory OptimizationThree Keys to True Inventory Optimization
Three Keys to True Inventory Optimization
 
PTC and L&T Technology Services Unveil Industry 4.0 Center of Excellence
PTC and L&T Technology Services Unveil  Industry 4.0 Center of ExcellencePTC and L&T Technology Services Unveil  Industry 4.0 Center of Excellence
PTC and L&T Technology Services Unveil Industry 4.0 Center of Excellence
 
Hitachi Construction Machinery Adopts PTC Service Parts Management SaaS
Hitachi Construction Machinery Adopts PTC Service Parts Management SaaSHitachi Construction Machinery Adopts PTC Service Parts Management SaaS
Hitachi Construction Machinery Adopts PTC Service Parts Management SaaS
 
HIROTEC Selects ThingWorx Platform from PTC for Remote Monitoring and Real-Ti...
HIROTEC Selects ThingWorx Platform from PTC for Remote Monitoring and Real-Ti...HIROTEC Selects ThingWorx Platform from PTC for Remote Monitoring and Real-Ti...
HIROTEC Selects ThingWorx Platform from PTC for Remote Monitoring and Real-Ti...
 
PTC Announces New ThingWorx Manufacturing Apps
PTC Announces New ThingWorx Manufacturing AppsPTC Announces New ThingWorx Manufacturing Apps
PTC Announces New ThingWorx Manufacturing Apps
 
3D Systems Chooses ThingWorx Platform from PTC to Enable Smart, Connected 3D ...
3D Systems Chooses ThingWorx Platform from PTC to Enable Smart, Connected 3D ...3D Systems Chooses ThingWorx Platform from PTC to Enable Smart, Connected 3D ...
3D Systems Chooses ThingWorx Platform from PTC to Enable Smart, Connected 3D ...
 
PTC and ANSYS to Develop Platform Solution Enabling Digital Simulation for th...
PTC and ANSYS to Develop Platform Solution Enabling Digital Simulation for th...PTC and ANSYS to Develop Platform Solution Enabling Digital Simulation for th...
PTC and ANSYS to Develop Platform Solution Enabling Digital Simulation for th...
 
Healthcare & Med Device - LiveWorx Recommended Agenda
Healthcare & Med Device - LiveWorx Recommended AgendaHealthcare & Med Device - LiveWorx Recommended Agenda
Healthcare & Med Device - LiveWorx Recommended Agenda
 
PTC Partner: LiveWorx Recommended Agenda
PTC Partner: LiveWorx Recommended AgendaPTC Partner: LiveWorx Recommended Agenda
PTC Partner: LiveWorx Recommended Agenda
 
Integrity - LiveWorx Recommended Agenda
Integrity - LiveWorx Recommended AgendaIntegrity - LiveWorx Recommended Agenda
Integrity - LiveWorx Recommended Agenda
 
Federal Aerospace & Defense - LiveWorx Recommended Agenda
Federal Aerospace & Defense - LiveWorx Recommended AgendaFederal Aerospace & Defense - LiveWorx Recommended Agenda
Federal Aerospace & Defense - LiveWorx Recommended Agenda
 
Executive - LiveWorx Recommended Agenda
Executive - LiveWorx Recommended AgendaExecutive - LiveWorx Recommended Agenda
Executive - LiveWorx Recommended Agenda
 
Engineer - LiveWorx Recommended Agenda
Engineer - LiveWorx Recommended AgendaEngineer - LiveWorx Recommended Agenda
Engineer - LiveWorx Recommended Agenda
 
Developer - LiveWorx Recommended Agenda
Developer - LiveWorx Recommended AgendaDeveloper - LiveWorx Recommended Agenda
Developer - LiveWorx Recommended Agenda
 
Dev Chats - LiveWorx Recommended Agenda
Dev Chats - LiveWorx Recommended AgendaDev Chats - LiveWorx Recommended Agenda
Dev Chats - LiveWorx Recommended Agenda
 
Designer - LiveWorx Recommended Agenda
Designer - LiveWorx Recommended AgendaDesigner - LiveWorx Recommended Agenda
Designer - LiveWorx Recommended Agenda
 

Recently uploaded

IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
Enterprise Knowledge
 

Recently uploaded (20)

GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day Presentation
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonets
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
Evaluating the top large language models.pdf
Evaluating the top large language models.pdfEvaluating the top large language models.pdf
Evaluating the top large language models.pdf
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 

PTC Named a Global Leader in IoT Platforms by IDC MarketScape

  • 1. PTC Named a Global Leader in IoT Platforms by IDC MarketScape ThingWorx Identified as One of the More Robust Application Enablement Platforms NEEDHAM, Mass. – July 20, 2017 –– PTC (NASDAQ: PTC) today announced it has been named a leader in the IoT platform market according to a new research report from IDC, entitled “IDC MarketScape: WorldwideIoT Platforms (Software Vendors) 2017 Vendor Assessment” (doc #US42033517, July 2017). The IDC MarketScape recognized the ThingWorx® Industrial IoT platform from PTC as one of the more robust application enablement platforms available today. ThingWorx also provides deployment flexibility to customers through native integration with numerous cloud platforms. The IDC MarketScape report examined the capabilities and strategies of PTC and 11 other IoT platform vendors. Each company was evaluated according to a comprehensive set of criteria, including the core elements of an IoT platform: connectivity management, device management, data ingestion, processing, management, visualization tools, application enablement tools, and analytics. PTC has been an early leader in IoT, having announced the eighth version of its IoT platform earlier this year during the LiveWorx® IoT industry event hosted by PTC. More than 1,200 companies and 250 partners have selected ThingWorx as their IoT platform, and many system integrators have built IoT competency centers around the ThingWorx technology. ThingWorx is the core of PTC’s IoT technology portfolio, comprisedof a rapid application development platform, connectivity, machine learning capabilities, augmented reality, and integration with leading device clouds. These capabilities combine to deliver a robust IoT technology stack that enables customers to securely connect assets, quickly create applications, and innovate new ways to capture and manipulate data on the edge to generate value. The report highlighted several strengths, noting “PTC's heritage in CAD and engineering software plus its augmented reality assets make PTC well suited to develop digital twin technology like that found in its ThingModel inside ThingWorx — a feature that will be in increasingly high demand from industrial customers.” The report goes on to recognize PTC for its “many investments in Industrial IoT technology that demonstrate its commitment to the space. Customers note that PTC offers a feature-rich platform.” “PTC has established itself as a leader in the IoT platform market, as it offers one of the more robust application enablement platforms availabletoday with ThingWorx,” said Stacy Crook, research director, IDC’s Internet of Things Ecosystem and Trends. “PTC has been successful in establishing partner relationships with significant players in the IoT ecosystem and does not have allegiance to a single cloud platform, giving customers flexible deployment options.” “We’re pleased that the IDC MarketScape recognized PTC’s strengths and positioned us as a leader among IoT platforms,” said Jim Heppelmann, president and CEO, PTC. “PTC is committed to leading
  • 2. the convergence of the physical and digital worlds by making the IoT and augmented reality (AR) accessible, intuitive, and robust. With ThingWorx, companies can transform their businesses and capitalizeon the power of the IoT and AR faster than ever.” About IDC MarketScape IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors. About PTC (NASDAQ: PTC) PTC has the most robust Internet of Things technology in the world. In 1986 we revolutionized digital 3D design, and in 1998 were first to market with Internet-based PLM. Now our leading IoT and AR platform and field-proven solutions bring together the physical and digital worlds to reinvent the way you create, operate, and service products. With PTC, global manufacturers and an ecosystem of partners and developers can capitalize on the promise of the IoT today and drive the future of innovation. PTC.com @PTC Blogs PTC, ThingWorx, LiveWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries. Media contacts PTC FleishmanHillard Corporate Communications Sara Steindorf Jack McAvoy 314-982-1725 781-370-6143 sara.steindorf@fleishman.com jmcavoy@ptc.com