ThingWorx Platform Heralded for Superior Technology, Comprehensive
Capabilities, and High Customer Impact
NEEDHAM, Mass.--(BUSINESS WIRE)--
(NASDAQ: PTC) today announced that its ThingWorx® Industrial
Internet of Things (IoT) platform has recently been recognized as the
2017 technology leader in the global IoT platform market by Quadrant
Knowledge Solutions and the 2017 Best IoT Platform by the Software
& Information Industry Association (SIIA).
provides broad and robust sets of integrated IoT-specific development
tools for developing innovative IoT solutions for a variety of industry
applications. ThingWorx includes rapid application development
functionality, connectivity, advanced analytics, machine learning, and
augmented reality, and integrates with leading device clouds. These
capabilities enable businesses to securely connect assets and create
innovative applications and services, supporting digital transformation
initiatives across industries.
"PTC is enabling a range of industrial companies to build-out strategic
IoT business models," said Jim Heppelmann, president and CEO, PTC.
"These awards are yet another validation of our efforts, and we remain
committed to enabling our customers to achieve new business value
through their ThingWorx deployments."
The recognition from Quadrant Knowledge Solutions and SIIA continues a
long string of industry accolades from press and industry analysts,
including Compass Intelligence, Experton Group, Forrester Research, IDC,
IoT Analytics, and Lux Research.
ThingWorx Named 2017 Technology Leader by Quadrant Knowledge Solutions
ThingWorx Platform from PTC was named the 2017 technology leader in the
global IoT platform market by Quadrant Knowledge Solutions, a global
advisory and consulting firm focused on helping clients achieve business
transformation goals with strategic business and growth advisory
The firm's recent study, "Internet
of Things (IoT) Platform Global Market Outlook," analyzes
market dynamics, trends, opportunities, and the vendor ecosystem, and
helps companies formulate growth strategies in the global IoT market.
Quadrant analyzed vendors in terms of sophistication of technology
platform, product capabilities, customer impact, ease of use, visionary
innovation, and future roadmap. Based on its findings, Quadrant
Knowledge Solutions identified ThingWorx as the 2017 technology leader
in the global IoT platform market. The report indicates that PTC's
leadership recognition is driven by its superior technology platform,
comprehensive capabilities, and high customer impact.
"We are excited to recognize companies such as PTC that are playing such
a substantial role in advancing the IoT industry," said Vishal Sharma,
senior analyst, Quadrant Knowledge Solutions. "The study featured
nominations from the top IoT vendors in the industry, and we acknowledge
and congratulate PTC for earning this significant recognition."
PTC Recognized by SIIA for Best IoT Platform in Annual CODiE Awards
has also been named the best IoT Platform of 2017 in the 32nd
Awards by the Software & Information Industry Association (SIIA),
the principal trade association for the software and digital content
industries. CODiE Award recipients represent the companies producing the
most innovative business technology products across the country, and
around the world.
"SIIA's 2017 Business Technology CODiE Awards recognize the companies
that are at the forefront of business innovation. These companies are
shaping the future of how we conduct business, and it is truly an honor
to recognize PTC for their innovation in IoT through the CODiE Awards,"
said Rhianna Collier, vice president and managing director, SIIA
Software & Services Division.
The SIIA CODiE Awards are the industry's only peer-reviewed awards
program. The first-round review of all nominees is conducted by business
technology expert judges, including, industry executives and analysts,
representatives from the media, bloggers, and investors. The scores from
the expert judge review determine the finalists. SIIA members then vote
on the finalist products, and the scores from both rounds are tabulated
to select the winners. This year, 60 awards were given for products and
services developed specifically for B2B software, information, and media
More information about ThingWorx and the other winning products can be
found at http://www.siia.net/codie/2017-Winners.
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, ThingWorx, and the PTC logo are trademarks or registered trademarks
of PTC Inc. or its subsidiaries in the United States and other countries.
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Jack McAvoy, 781-370-6143
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