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Archive for January, 2017

Financial Good Times Roll For PTC With Increasing Contributions From IoT

Thursday, January 26th, 2017

Most large PLM companies deal with three groups of people that are necessary for survival – employees, customers, and investors. Every company regards and treats the three groups differently, but most of the successful ones acknowledge the importance of all three – although some companies are better at it than others and some companies regard one or more of the groups as necessary evils.

Each of the groups gets the information it needs to make decisions from different sources, such as press releases, news feeds, whitepapers, eBooks, financial reports, and so on. Financial reports for tech companies are especially interesting not only because of what they say, but what they might imply. And, while some companies try to report “alternative facts,” financial figures don’t lie, and some things are obvious, but there are always numbers subject to speculative interpretation.

That brings me to PTC’s most recent financial report that was made public last week. There were some surprises, some good, some not so good, but in many ways reinforced and reflected the direction of the company, namely IoT. Admittedly, IoT was not the biggest source of revenue for PTC, but it’t clear that it is increasingly important to the health and wealth of the company.

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RS Components’ Free DesignSpark Tops 200,000 User Activations With Continuing Growth

Monday, January 23rd, 2017

Last month, RS Components (RS), the trading brand of Electrocomponents plc, a global distributor for electromechanical engineering components announced that user activations of DesignSpark Mechanical (DSM), the company’s free-for-download 3D modeling and design tool, had reached a cumulative total of 200,000. According to the company, the volume of total activations of the software continues to increase at a rate of between four and five percent per month.

Developed in conjunction with SpaceClaim, DesignSpark Mechanical is a key tool in the RS DesignSpark initiative for providing resources that enable engineers to rapidly develop prototypes in the product concept design stage. Originally launched in late 2013 with a second version offering new functionality introduced the following year, the software is also available with extended engineering options (DS Mechanical Exchange and DS Mechanical Drawing) that costs $995 for the pair.

“DesignSpark Mechanical is a powerful 3D solid modeling tool that has rapidly been accepted by professionals, students and the maker communities, who have found enormous utility in the tool, enabling them to quickly develop 3D prototypes and bring their concepts and products to market in a very fast time,” said Mike Brojak, Head of DesignSpark Customer Solutions at RS. “Meeting this milestone is another hallmark of success for our DesignSpark initiative, which empowers engineers and designers in the maker community and from the smallest start-up to large organizations.”

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3D Printing At CES 2017: Metals, Ceramics, and Ultra-Low Cost

Thursday, January 12th, 2017

Last week marked the 50th edition of one of the world’s biggest technology spectacles – CES 2017 – showcasing the connected future of technology. With more than 3,800 exhibiting companies and exhibit space of more than 2.6 million net square feet, CES 2017 hosted some the world’s biggest companies in addition to hosting more than 600 startups. More than 175,000 industry attendees, including 55,000 from outside the U.S., convened in Las Vegas to discover the latest and greatest in many segments of the technology industry.

Probably one of the big trends at CES 2017 was Amazon’s Alexa assistant integrated into all sorts of gadgets everywhere, including cars! Not to be outdone, at this year’s CES, though, no fewer than 56 exhibitors were under the 3D Printing banner – many that you’ve heard of and a few that you probably haven’t. Although there were some basic retreads on previously released products, there were significant developments presented, and the ones that caught our eye were in the areas of materials (metals and ceramics) and affordability (sub-$500 machines).

CES 2017 3D Printing Technologies

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PTC Selected as IIoT Company Of The Year For 2016

Thursday, January 5th, 2017

Just about a year ago, PTC received the IoT Innovation Vendor of the Year Award from marketing analytics and consulting firm Compass Intelligence at the 2016 International Consumer Electronics Show (CES). The Compass Intelligence Annual Awards recognize the best Internet of Things (IoT) products and services offered in the market during the past year.

In the view of the award presenting organization, PTC had become a leading provider of technology that enables its customers to realize the value inherent in the Internet of Things. As well, in their opinion, PTC’s CEO, Jim Heppelmann, had become a major thought leader, having coauthored two seminal HBR articles that describe the implications of the IoT and offering companies a blueprint to get started on their own IoT journeys.

This week PTC announced that it had been named Industrial Internet of Things Company of the Year by IoT Breakthrough, an independent organization dedicated to recognizing IoT products and companies that stand out in the industry. PTC also received the IoT Breakthrough award for “Industrial IoT Solution of the Year” for its Kepware KEPServerEX industrial connectivity software.

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