ABI Research Ranks PTC’s ThingWorx as Top Smart Manufacturing Platform
August 29 2018 - 12:15PM
Business Wire
PTC Earns Top Score, Ranking Above GE, ABB, and
Siemens, and Continues Impressive Run of Industry Recognition
PTC (NASDAQ: PTC) today announced its ThingWorx® Industrial
Innovation Platform was ranked as the top smart manufacturing
platform in ABI Research’s “Smart Manufacturing Platform
Competitive Assessment.”
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Implementation and innovations earns PTC
the number one spot in ABI Research's "Smart Manufacturing Platform
Ranking Competitive Assessment." (Graphic: Business Wire)
Platforms from 11 major vendors were analyzed by criteria such
as innovation and implementation, including each firm’s overall
business model, partnerships, product functionality, and system
integration capabilities. ThingWorx received top scores in overall
innovation, including its compelling use of augmented reality (AR)
and tied for the top spot in its digital twin functionality and
protocol adaptability and device connectivity.
“Industrial companies choose PTC to capitalize on the
transformative value of the IoT, elevating their position in the
competitive market and achieving the full potential of a smart,
connected business,” said Jim Heppelmann, president and CEO, PTC.
“We are honored by this accolade from ABI Research that recognizes
our innovation and positions PTC as the industry leader. With the
ongoing support from customers and our strategic partnership with
Rockwell Automation, PTC will continue to deliver on our commitment
to the industrial space.”
Additionally, PTC’s ThingWorx was rated the overall leading
platform with advanced innovative initiatives across transformative
technologies. ThingWorx is comprised of a rapid application
development platform, advanced analytics, connectivity, machine
learning, augmented reality, and integration with leading device
clouds. Together, these beginning-to-end capabilities enable users
to create revolutionary applications and services to achieve
IoT-driven business transformation and support digital initiatives
across various industries.
“PTC’s innovation in areas such as augmented reality, protocol
adaptability and connectivity, and digital twin capabilities
solidified the company’s spot as the industry leader,” said Pierce
Owen, principal analyst, Smart Manufacturing, ABI Research.
“Assessed by implementation and innovation, ABI Research recognizes
PTC’s capability to advance industrial transformation and
revolutionize the industry.”
The recognition from ABI Research continues a long string of
industry recognition from press and industry analysts around the
world, including Forrester, 451 Research, Compass Intelligence,
Experton Group, Gartner, IDC, IoT Analytics, Berg Insight, IoT ONE,
and Quadrant Knowledge Solutions. Most recently, PTC’s ThingWorx
has been heralded as the leading platform from Constellation
Research and has been awarded IoT Evolution Product of the
Year.
Additional Resources
- ABI Research: PTC beats GE, ABB, and
Siemens for Top Spot in ABI Research’s Smart Manufacturing Platform
Competitive Assessment
- ThingWorx Industrial Innovation
Platform
- Harvard Business Review: “Why Every
Organization Needs an AR Strategy,” authored by PTC CEO Jim
Heppelmann and Harvard Professor Michael Porter
About PTC (NASDAQ: PTC)PTC helps companies around the
world reinvent the way they design, manufacture, operate, and
service products in and for a smart, connected world. In 1986 we
revolutionized digital 3D design, and in 1998 were first to market
with Internet-based product lifecycle management. Today, our
leading industrial innovation platform and field-proven solutions
enable you to unlock value at the convergence of the physical and
digital worlds. With PTC, manufacturers and an ecosystem of
partners and developers can capitalize on the promise of the
Internet of Things and augmented reality technology today and drive
the future of innovation.
PTC.com @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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180829005548/en/
PTCJack McAvoy, 781-370-6143Corporate
Communicationsjmcavoy@ptc.com
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