PTC Inc.
Mar 30, 2017

PTC Accelerates Industrie 4.0 Strategy

Strategic Collaborations, Comprehensive Research, and Applications for Connected Operations Will Help Global Manufacturers Unlock the Value of Industrie 4.0

NEEDHAM, Mass.--(BUSINESS WIRE)-- PTC (NASDAQ: PTC) today announced several new initiatives that advance its Industrie 4.0 strategy and will enable manufacturers to unlock value from the physical-digital convergence and transform their operational systems. These include a collaboration with McKinsey & Company; strategic Industrie 4.0 work with acatech, the German national academy of science and engineering; and the upcoming release of connected operations applications built on the ThingWorx® IoT platform.

PTC works with hundreds of global manufacturers worldwide to support and advance their Industrie 4.0 strategies. The new PTC Industrie 4.0 initiatives include:

Often referred to as the fourth industrial revolution, Industrie 4.0 is the transformation of manufacturing through the adoption of smart, connected products and smart, connected operations. Industrie 4.0 makes use of major innovations in digital technology, such as edge and big data analytics, advanced networking, communications and security, robotics, artificial intelligence, additive manufacturing, augmented reality, mobile, rapid application development, and the Internet of Things. When combined, these technologies bring together the physical and digital worlds, enabling manufacturers to gain deep, real-time insight into their operations - and subsequently to increase efficiencies and flexibility, lower costs, and improve product quality.

Known collectively as Industrie 4.0, the concept is now worldwide in scope. It is also the blueprint for Made in China 2025 and heavily influences Smart Manufacturing initiatives in the United States. While it is most often associated with manufacturing, adjacent market segments, including utilities, smart cities, oil and gas, and healthcare, have begun to embrace Industrie 4.0 principles and technologies.

"PTC continues to focus on initiatives that can enable manufacturers to realize the potential of Industrie 4.0 and smart manufacturing," said Kathleen Mitford, executive vice president, segments, PTC. "Our upcoming release of connected operations applications combined with the acatech Industrie 4.0 Maturity Index and our strategic collaborations with industry leaders such as McKinsey & Company will enable our customers to realize value from their Industrie 4.0 initiatives."

The PTC IoT Transformation Advisory Practice also offers workshops and value acceleration services to further support companies with their Industrie 4.0 strategy.

"LNS Research has long advocated that Industrie 4.0 requires the deployment of next-gen manufacturing apps that are lightweight, flexible, modular, and run on top of IIoT Platforms. Since the launch of ThingWorx, PTC has established itself as a leading provider that shares this vision with a successful track record of helping manufacturers around the world," said Mathew Littlefield, founder and president, LNS Research. "These new initiatives - the collaboration with McKinsey, the research with acatech, and the upcoming release of connected operations offerings, will further enhance the company's position, as well as accelerate Industrie 4.0 adoption."

The timing of any product or application release, including any features or functionality, is subject to change at PTC's discretion.

Additional Resources

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 Blogs

PTC, ThingWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.

Corporate Communications
Jack McAvoy, 781-370-6143
Sara Steindorf, 314-982-1725

Source: PTC

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