Analyst Firm Announces Annual Technology Innovation Awards; PTC’s ThingWorx IoT Platform Recognized in Business Technology Innovation Category
NEEDHAM, Mass. – October 18, 2016 –– PTC (NASDAQ: PTC) today announced that its ThingWorx® technology has been selected as a 2016 Technology Innovation Award winner for the Internet of Things (IoT) by Ventana Research. The Technology Innovation Awards, presented annually, identify those technologies that help drive change and increased value for organizations worldwide.
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Ventana Research Awards PTC for its Internet of Things Technology
1. Ventana Research Awards PTC for its Internet of Things Technology
Analyst Firm Announces Annual Technology Innovation Awards; PTC’s ThingWorx IoT
Platform Recognized in Business Technology Innovation Category
NEEDHAM, Mass. – October 18, 2016 –– PTC (NASDAQ: PTC) today announced that its
ThingWorx®
technology has been selected as a 2016 Technology Innovation Award winner for the
Internet of Things (IoT) by Ventana Research. The Technology Innovation Awards, presented
annually, identify those technologies that help drive change and increased value for organizations
worldwide.
“Our research shows that organizations don’t have the skills to create the analytics needed by IoT
applications, yet these analytics can deliver real business benefits,” said David Menninger, Senior
Vice President and Research Director, Ventana Research. “PTC ThingWorx was selected as an award
winner for its innovative delivery of advanced analytics to maximize the value of IoT data.”
The awards distinguish pioneers that have developed clear visionary and transformative
technology. The Technology Innovation Awards showcase what technology vendors have done to
advance the computing potential of their applications and technology so that it can be used to
drive better efficiency and productivity as well as the outcomes and performance of an
organization. The Ventana Research Technology Innovation Awards cover 30 business and
technology categories and are open for organizations across business and IT, technology vendors,
and consulting firms. Submissions are evaluated based on the stringent guideline set out by awards
program criteria.
“The Internet of Things is undoubtedly changing companies and the products they create and
service,” said Jim Heppelmann, president and CEO, PTC. “The IoT innovation category in Ventana
Research’s award program is further confirmation of the importance of this shift. We are excited
and honored that our ThingWorx technology was recognized as the leader in this technological
revolution.”
PTC’s ThingWorx IoT platform delivers rapid application enablement, connectivity, analytics and
machine learning capabilities, augmented reality, and integration with leading device clouds. These
capabilities combine to deliver a comprehensive IoT technology stack that enables companies to
securely connect assets, quickly create applications, and innovate new ways to capture and deliver
value.
ThingWorx was also recently scored as the top IoT platform according to Mitrais. The special report
evaluated seven leading IoT platforms, including PTC’s ThingWorx, based on compatibility,
connectivity, application development, big data analysis, on-premise/Cloud, scalability, security,
availability, B2B/B2C, and integration.
Additional Resources
2. PTC Internet of Things
Harvard Business Review: “How Smart, Connected Products are Transforming Companies,”
authors PTC CEO Jim Heppelmann and Harvard Professor Michael Porter
About PTC (NASDAQ: PTC)
PTC has the most robust Internet of Things technology in the world. In 1986 we revolutionized
digital 3D design. 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.
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PTC, ThingWorx, 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