Cutting-Edge Innovation Center to Demonstrate Technologies and
Vertical Solutions Needed for Digital Transformations
NEEDHAM, Mass.--(BUSINESS WIRE)--
(NASDAQ:PTC) and Tech
Mahindra (NSE:TECHM) today announced the opening of an Industrial
Internet of Things (IoT) Center of Excellence at Tech Mahindra's
headquarters in Bangalore, India. The facility is designed to showcase
the technology that companies can utilize for digital transformations -
from product design through IoT connectivity and augmented reality. Tech
Mahindra is outfitting the facility with offerings from the PTC
technology portfolio, including the ThingWorx®
Industrial IoT platform. Tech Mahindra, a longstanding PTC partner
and leading system integrator, will advise customers on how ThingWorx
and other PTC technology can enable them to generate business value.
The Center of Excellence was conceived and jointly developed by Tech
Mahindra and PTC. Tech Mahindra chose to partner with PTC as the primary
technology provider because of the breadth of the ThingWorx platform and
the longstanding success of PTC solution offerings, including computer-aided
design (CAD) and product
lifecycle management (PLM). As a system integrator partner with PTC,
Tech Mahindra is trained to both develop solutions and implement
solutions based on PTC technology. While located in India, the facility
is expected to draw a global customer base.
As the facility evolves, Tech Mahindra and PTC also plan to use
ThingWorx to develop vertical-specific solutions to address mutual
customers' needs and challenges.
"Companies continue to invest significant resources in transforming
their businesses, and it's important for them to have clear direction
for their journey and the right technology to utilize," said Catherine
Kniker, chief revenue officer, Platform Business, PTC. "We are pleased
to partner with Tech Mahindra for this IoT Center of Excellence, to
demonstrate how ThingWorx and other PTC technology can empower a broad
and diverse customer base to accelerate their transformations and
achieve value faster."
"The new Center of Excellence in India is an excellent place to showcase
the transformation we are enabling customers to create with the
ThingWorx Industrial IoT platform from PTC," said Karthikeyan Natarajan,
Global Head - Engineering, IoT and Enterprise Mobility, Tech Mahindra.
"The technology offerings from PTC, including the ThingWorx platform,
represent some of the leading solutions available. The facility will
demonstrate how we are using IoT and its immense potential to enable
customers to transform their business. We are delighted to work with PTC
for the CoE and show our customers how quickly and easily they can tap
into the potential of the Industrial IoT."
PTC is unlocking the value at the intersection of the physical and
digital worlds. With PTC's leading ThingWorx Industrial IoT platform,
augmented reality development capabilities, and a portfolio of connected
solutions, PTC is enabling companies to improve the way that they
design, manufacture, sell, operate, and service their products.
Tech Mahindra represents the connected world, offering innovative and
customer-centric information technology experiences, enabling
Enterprises, Associates, and the Society to Rise ™.
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
The timing of any product release, including any features or
functionality, is subject to change at PTC's discretion.
PTC, ThingWorx, and the PTC logo are trademarks or registered trademarks
of PTC Inc. or its subsidiaries in the United States and other countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170712005599/en/
Jack McAvoy, 781-370-6143
News Provided by Acquire Media