PTC’s ThingWorx Continues Strong Momentum as Industry-Leading IIoT Platform
PTC (NASDAQ: PTC) is concluding its 2019 fiscal year with the ThingWorx® Industrial Internet of Things (IIoT) platform recognized as the IIoT platform of choice for industrial companies around the world. This continued recognition has been driven by alliance-led milestones, widespread client adoption, and the company’s ongoing investment in ThingWorx and commitment to its customers’ success.
“With ThingWorx, thousands of companies are realizing the promise of a connected enterprise through digital transformation objectives,” said Kathleen Mitford, executive vice president, Products, PTC. “The success of ThingWorx proves the market is moving from acceptance to adoption — and that digitization is now truly achievable.”
As of September 2019, approximately 2,000 global customers are using ThingWorx to connect their products, factories, processes, and people. Customers who have realized early success with ThingWorx and are now expanding the scope and scale of use include BID Group, Carlsberg Group, Celli Group, Flowserve, and Stellar. With ThingWorx, these companies are improving their manufacturing processes, enabling remote monitoring of products, driving connected operations, and much more.
Announced at this year’s LiveWorx® digital transformation event, ThingWorx 8.5 is available today. ThingWorx 8.5 has new capabilities that equip engineers, manufacturers, service professionals, and IT/OT digital transformation teams with world-class, domain-specific functionality, including:
- More Manufacturing Applications – The new ThingWorx Operator Advisor app empowers workforces with a single screen that delivers actionable work instructions contextualized with work orders, machine data, and product configurations, while the ThingWorx Production Advisor app now delivers a greater number of key performance indicators (KPIs) to help monitor real-time operational performance.
- Expanded Analytics Ecosystem – Powerful machine learning functionality within ThingWorx can now be accessed by users of Rockwell Automation’s FactoryTalk Analytics DataFlowML platform for predictive model scoring and data set creation, thus optimizing processes to increase operational efficiencies.
- Improved Asset Hierarchy Configuration – The ThingWorx Asset Advisor app supports flexible segmentation of assets, allowing users to tailor workflows and analytics according to business logic, visibility requirements, authorizations, and permissions.
- Centralized Administrative Portal – ThingWorx Solution Central is a new, centralized, cloud-based portal that allows administrators to discover, deploy, and manage ThingWorx applications across their distributed enterprises from a single location.
- Enhanced Integration with Microsoft Azure and Azure IoT Hub – ThingWorx 8.5 provides a seamless integration experience for ThingWorx customers using Microsoft Azure services via direct access to Azure functionality from ThingWorx applications.
- Expanded Connectivity Deployment Options – The ThingWorx Kepware® Edge solution, part of PTC's Kepware® industrial connectivity technology, enables cross-platform distribution for customers deploying solutions on Linux-based systems and on smaller-footprint IoT edge gateways.
- Modernized User Interface (UI) Tools – ThingWorx 8.5 supports enhanced styling and theming with pre-built UI widgets, helping companies conform to corporate style guides, branding objectives, and web standards.
In addition, Navigate 8.5, also available today, introduces the first Contribute App, which enables a broad range of cross-functional users to fully participate in a digital change management workflow, thus improving the quality of change requests and seamless development through reusable components.
An important component of ThingWorx’s success has been the expansive PTC Partner Network, particularly the company’s strategic alliances with Rockwell Automation and Microsoft, which continue to help bring ThingWorx into new and emerging markets around the world. Most recently, PTC was highlighted at the 2019 Microsoft Partner of the Year Awards as Manufacturing and Resources Partner of the Year, Mixed Reality Partner of the Year, and a finalist for IoT Partner of the Year.
PTC has also been recognized for its advancements in the IIoT platform market and was positioned as a leader in IDC’s recent worldwide research report entitled “IDC MarketScape: Worldwide Industrial IoT Platforms in Manufacturing 2019 Vendor Assessment”. Independent industry analyst firm, Gartner, placed PTC in the "Visionaries” quadrant in its Magic Quadrant for Industrial IoT platforms for its ability to execute in the IIoT market for the second consecutive year. These acknowledgments, and many other industry accolades , validate the strength of the ThingWorx platform and PTC’s commitment to helping its customers succeed in their digital transformations.
Additional Resources
- ThingWorx IIoT Solution Platform
- Industry Awards and Recognition
- Video: Three IoT Considerations for Strategy Beyond Service
- Blog: What Are the Top Benefits of IoT in Manufacturing?
- Harvard Business Review: "How Smart, Connected Products are Transforming Competition," authors PTC CEO Jim Heppelmann and Harvard Professor Michael Porter
- Engineering.com: Democratizing Change Review with ThingWorx Navigate Contribute
About PTC (NASDAQ: PTC)
PTC unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation.
The announcement of any particular selection or implementation of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.
PTC, ThingWorx, LiveWorx, Kepware, and the PTC logo are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190930005733/en/
Contact information
PTC
Corporate Communications
Jack McAvoy
jmcavoy@ptc.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Record Financing for NeXtWind: €1.4 Billion for the Expansion of Wind Energy in Germany1.7.2025 10:52:00 EEST | Press release
NeXtWind, a leading renewable energy company, has secured €1.4 billion in debt financing. The agreement also includes an additional €1.3 billion in so-called accordion facilities, which can be activated in tranches over the coming years. This syndicated loan is the largest of its kind for an independent wind energy provider in Germany, and it opens the onshore wind market to debt investments from major financial institutions both domestically and internationally. NeXtWind will use the new financing to modernize more than half of its wind farms, increasing their generation capacity to over 1 GW by 2028. Subsequently, the company plans to further develop these wind farms into sustainable energy infrastructure hubs. “This financing is a significant milestone for NeXtWind and testament to the confidence in our business model,” explains Lars B. Meyer, Co-CEO of NeXtWind. “Thanks to this novel platform approach, we can optimize our wind farms more quickly and accelerate our growth. In the lo
Celero Ventures Opens $25 Million Early-Stage Fund to Investors Backing the Next Generation of European Software Companies1.7.2025 10:30:00 EEST | Press release
Celero Ventures, a new venture capital firm founded by experienced software operators Dave Wyatt and Nick Cochran, is now raising its debut $25 million fund to invest in early-stage startups across the UK and Europe. The fund, which is already 25% subscribed, targets pre-seed and seed-stage companies building next-generation AI and data infrastructure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250701820933/en/ Nick Cochran and David Wyatt (right) Founders of Celero Ventures Based in London, Celero Ventures is inviting limited partners (LPs) to join its mission of backing exceptional technical founders and accelerating their path to product-market fit and scalable growth. Wyatt and Cochran bring a rare combination of deep go-to-market (GTM) experience and startup leadership. Together, they helped scale both MuleSoft and Databricks—two of the most successful enterprise software companies of the past decade. Their experien
Cargill Sets a New Global Benchmark for More Sustainable Cocoa Supply Chains1.7.2025 10:00:00 EEST | Press release
Cargill today announced a transformation of its global cocoa supply chain, unveiling a series of interconnected investments that reduce carbon emissions, eliminate waste, and boost efficiency from cocoa origin countries in West Africa to processing hubs in Europe. The company’s upgrades span renewable energy, circular logistics, and smart infrastructure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250701468198/en/ Cargill today announced a transformation of its global cocoa supply chain, unveiling a series of interconnected investments that reduce carbon emissions, eliminate waste, and boost efficiency from cocoa origin countries in West Africa to processing hubs in Europe. “Sustainability isn’t a single project at Cargill—it’s how we operate,” said Emiel van Dijk, Managing Director of Cocoa & Chocolate Europe and West Africa. “From circular waste reuse to renewable transport and clean energy, we’re showing that climate a
Lyten Acquires Europe’s Largest Battery Energy Storage Systems Manufacturing Operation from Northvolt1.7.2025 10:00:00 EEST | Press release
Lyten, the supermaterial applications company and global leader in lithium-sulfur batteries, announced today the acquisition of Northvolt’s Dwa ESS operations in Gdansk, Poland, a 25,000 square meter (270,000 sq ft) battery energy storage systems (BESS) manufacturing and R&D facility. Northvolt Dwa ESS is the largest BESS manufacturing facility in Europe and was part of Northvolt Systems. The financial terms of the acquisition are not being released by either party. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250701098618/en/ Aerial view of the 25,000-square meter battery energy storage systems manufacturing facility, in Gdansk, Poland, acquired by Lyten from Northvolt. The facility, previously known as Northvolt Dwa ESS, is Europe’s largest energy storage systems manufacturing operation. The Northvolt acquisition accelerates expansion of Lyten’s lithium-sulfur batteries into Europe and provides Lyten with production capa
3GPP MCX Standards-Based Hytera HyTalk MC 6.0 Released Globally1.7.2025 10:00:00 EEST | Press release
Hytera, a leading global provider of professional communications technologies and solutions, announced the worldwide release of Hytera HyTalk MC 6.0, its new-generation broadband mission-critical communication platform fully compliant with the 3GPP MCX standard Release 18. As a key part of Hytera’s convergence-native communications strategy, it delivers inclusive, efficient and secure communication over LTE cellular network. Hytera HyTalk MC 6.0 leverages 3GPP standard interfaces and Hytera’s proprietary protocols to enable deep interworking across different technologies and vendors. It enables real-time mapping between the signaling of 3GPP MCX and Hytera DMR, and interconnects with HyteraTETRA systems, allowing a smooth migration path to data-rich communications for mission- and business-critical institutions and users. Hytera DMR or TETRA two-way radios can communicate with LTE/5G terminals through the Hytera HyTalk MC platform in a hybrid network. The Ad-Hoc Temporary Group Call fe
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom