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.
- 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.
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
Takeda Provides Updates on Its Pharmacokinetic-guided Prophylaxis Studies at ISTH 2020, Reinforcing Its Commitment to Advancing Personalized Care for People with Bleeding Disorders12.7.2020 15:30:00 EEST | Press release
Takeda Pharmaceutical Company Limited (“Takeda”) (TSE: 4502/NYSE:TAK) today announced that 13 abstracts are being presented from the company’s Hematology portfolio and pipeline at the International Society on Thrombosis and Haemostasis 2020 Virtual Congress (ISTH 2020). Among the data, Takeda spotlighted four abstracts to highlight its commitment to advancing personalized care through pharmacokinetic (PK)-guided prophylaxis in people living with hemophilia or von Willebrand Disease (VWD) – including scientific updates in patients with hemophilia A from the Phase 3 PROPEL and Phase 3b CONTINUATION studies investigating potential benefits of personalized TAK-660 (rurioctocog alfa pegol) prophylaxis. Two population studies into the PK/pharmacodynamic (PD) profiles of recombinant von Willebrand factor (rVWF), which provide data to assist in the optimization of rVWF personalized dosing strategies, were also presented. Takeda addresses the unique needs of each patient with personalized care
VR Fitness Developer FitXR Secures $7.5 Million In Series A Venture Round Led by Hiro Capital10.7.2020 09:00:00 EEST | Press release
FitXR, the leading VR fitness company, today announces that it has secured $6.3m in investment funding, led by Hiro Capital, with continued support from U.S.-based BoostVC, Maveron and TenOneTen Ventures, together with an additional $1.2m in the form of an innovation loan, from Innovate UK. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200709005856/en/ Cherry Freeman, Co-Founding Partner, Hiro Capital (Photo: Business Wire) FitXR, who had previously secured $1.25 million in seed funding from investors, will use the new investment to expand its operations in Europe and North America, and to accelerate launch of several exciting new products and services for people to keep fit in Virtual Reality. The investment marks a significant show of belief in FitXR, who over the last year has grown to become one of the leaders of the VR fitness sector, with its mission to put the fun back into fitness. Its first product, the boxing rhyt
Laboratory Studies Confirm BETADINE® Antiseptic Products’ Effectiveness Against COVID-19 Virus10.7.2020 01:37:00 EEST | Press release
Mundipharma today announced that laboratory testing at the Duke-NUS Medical School in Singapore, has confirmed the effectiveness of its BETADINE® antiseptic products against the novel coronavirus (SARS-CoV-2) which causes COVID-19 disease. Testing has demonstrated BETADINE’s® strong in-vitro virucidal activity, killing 99.99% of the SARS-CoV-2 virus in 30 seconds. The products subjected to testing were: BETADINE® antiseptic products, namely Solution (10% PVP-I), Skin Cleanser (7.5% PVP-I), Gargle and Mouthwash (1.0% PVP-I) and Throat Spray (0.45% PVP-I). The research has been published in the respected Infectious Disease and Therapy Journal on 08 July 2020. “These results confirm our view that BETADINE® antiseptic products, used appropriately and in conjunction with other preventative treatment options including PPE, can play a role in limiting the spread of infections, including COVID-19,” said Raman Singh, CEO Mundipharma. “It also provides the medical community as well as consumers
New Evidence Shows Morinaga Milk’s Probiotic Bifidobacterium breve A1 Improves Memory of Older Adults With Cognitive Dysfunction9.7.2020 21:00:00 EEST | Press release
Morinaga Milk Industry Co., Ltd. (TOKYO:2264), a leading Japanese dairy product company and a key global probiotics manufacturer, confirmed that its proprietary probiotic strain Bifidobacterium breve A1 (a.k.a. B. breve MCC1274) is safe and effective for improving memory functions of older adults with suspected mild cognitive impairment (MCI) in a randomized, double-blind, placebo-controlled trial (RCT). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200709005032/en/ Figure 1. Changes of RBANS scores at 16 weeks from baseline. Values are indicated as mean with error bars as the standard error. **p<0.001, ***p<0.0001, inter-group difference, Student’s t-test. (Graphic: Business Wire) The new study, published recently in the Journal of Alzheimer’s Disease, has produced breakthrough results uncovering a novel promising probiotic intervention for early dementia prevention. The clinical study conducted by a clinical research orga
rf IDEAS and Ricoh Simplify Secure Access to Multifunction Printers9.7.2020 19:05:00 EEST | Press release
rf IDEAS, a leading manufacturer of credential readers for authentication and logical access, today announced with Ricoh the integration of its WAVE ID® Plus dual-frequency card reader technology with Ricoh’s Smart Operation Panel (SOP), Gen 2.5. The new WAVE ID Ricoh Universal SOP Reader is the most innovative reader for secure pull-print applications with Ricoh multifunction printers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200709005764/en/ WAVE ID® Ricoh Universal SOP Reader (Photo: Business Wire) rf IDEAS and Ricoh have a proven record of working together to deliver secure workplace solutions that feature the most advanced identification and authentication capabilities. “As we continue our worldwide partnership with a leader in the print industry, we are delighted that Ricoh chose rf IDEAS to develop an innovative credential reader design that connects to its A3 multifunction devices,” said Tod Besse, senior vice
Immersive Labs Adds Tenable Co-Founder and Security Industry Veteran Jack Huffard to its Board of Directors as Demand for Improving and Measuring Cyber Talent Grows9.7.2020 18:46:00 EEST | Press release
Immersive Labs, the company empowering organizations to equip, exercise, and evidence human cyber capabilities, announced Jack Huffard, a co-founder and board member of Tenable (Nasdaq: TENB) will join its board of directors to help drive growth. This comes on the heels of Immersive Labs’ recent expansion into the U.S. market, backed by Goldman Sachs and Summit Partners with $50M in financing, after four successful years of fast-growth and an impressive customer roster in the UK and the U.S. With the addition of Huffard to the board, a cybersecurity industry business leader who helped Tenable through its fast growth and successful IPO, the Immersive Labs team is well-suited for its next phase of innovation and market leadership. Huffard also currently serves as a board director for Norfolk Southern Corporation (NYSE: NSC) and is a member of the National Security Telecommunications Advisory Committee (NSTAC), helping the US government navigate pressing national security issues and stren
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