This week was one giant blur at SOLIDWORKS 2017 in Los Angeles that was witnessed not only by me, but also more than 5,000 attendees. The exhibit floor with over 120 partners opened at the beginning of the Superbowl with TVs and libations all around, so most people were in a good mood by the end of the game, especially if they were a New England Patriots fan.
The theme for this years SOLIDWORKS WORLD was, “The New; The Next; The Never Before,” which was a good idea but was not evident until the third day of the conference exactly what this meant. On the first day, the SOLIDWORKS message was choppy, not cohesive, clear, or coherent as it could/should have been; and some of the presenters didn’t make sense, as there was too much entertainment fluff and not nearly enough technical content that users come for, me included. Why drag AEC and the Dassault Systems 3D Experience platform into a SOLIDWORKS event? After all, this is SOLIDWORKS World, not Dassault Systemes Universe.
SOLIDWORKS WORLD 2017: Entrance to Exhibit Hall
However, things got much better as the conference commenced in earnest with classes and the exhibition floor in full swing.
Some of the biggest announcements from SOLIDWORKS World 2017 follow briefly below. In coming weeks we will cover each of these and others in much more detail based on discussions we had with SOLIDWORKS’ product managers.
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.
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.
Well, it was only a matter of time before what happened last Friday happened. I’m talking about the Distributed Denial of Service (DDoS) incident on server farms of a key internet firm, Dyn, that repeatedly disrupted access to major websites and online services including Twitter, Netflix,GitHub, and PayPal across the U.S. and Europe last Friday. The White House called the disruption malicious and hacker groups have claimed responsibility, though their assertion is not yet verified.
The event involved multiple denial-of-service (DoS) attacks targeting systems operated by Domain Name System (DNS) provider, Dyn, that rendered major internet platforms and services unavailable to large swaths of North America and Europe.
“The complexity of the attacks is what is making it so difficult for us,” said Kyle York, Dyn’s chief strategy officer. “What they are actually doing is moving around the world with each attack.”
As a DNS provider, Dyn provides to end-users the service of mapping an Internet domain name—when, for instance, entered into a web browser—to its corresponding IP address. The DDoS attack involved tens of millions of DNS lookup requests from a large number of IP addresses. The activities are believed to involve a botnet coordinated through a large number of IoT devices that had been infected with the Mirai malware.
For the past several years we all have heard the non-stop hype from a number of different sources that the Internet of Things (IoT) is the thing that will change everything and improve our lives in ways that are still unimaginable to us. That may be true, but relatively little attention is paid to the converse – what are some of the not so great things that could result from IoT? This darker side of IoT, of course, includes security, but how about data handling, infrastructure, privacy, and the inevitable question of who actually owns the data generated from and for IoT. All of these issues are problems now and will only continue to grow unless and until they are adequately addressed.
This week I’ll cover IoT data handling and data infrastructure, both critical if the IoT is to proliferate as many vendors hope and hype. (more…)
For the past few years we all have heard a non-stop proclamation from a number of different sources that the Internet of Things (IoT) is the thing that will change everything and improve our lives in ways that are still unimaginable to us. That may be true, but relatively little attention is paid to the other side of the coin – what are some of the not so great things that could result from IoT? This darker side of IoT, of course, includes security, but how about data handling, infrastructure, privacy, and the inevitability of IoT companies going out of business. All of these issues are problems now and will only continue to escalate unless and until adequately addressed.
Believe me, I’m not alone with these concerns.
This time around I’ll cover IoT privacy and company survival. Next week I’ll cover IoT data handling and infrastructure. (more…)
A couple of days ago, the internet of things (IoT) world was rocked with the announcement that the UK’s semiconductor and software design giant, ARM, was being purchased by Japan’s SoftBank in a cash deal for some $32 billion.
In the official acquisition statement, SoftBank says it intends to:
What a difference a few days make. Last week I was in Denver teaching math to middle schoolers and this week I was in Boston with about 4,000 others attending PTC’s LiveWorx 16. The spotlight at the conference shone on the Internet of Things (IoT) and PTC’s commitment to it.
So, you think that the Internet of Things (IoT) thing is still just a fad? Based on my experience at PTC’s LiveWorx 16 in Boston this week, IoT is becoming an increasingly big part of the future – not only for PTC, but for all of us.
Still not convinced? Just the attendance figures alone from this year over the past couple might help convince you – LiveWorx 2014 (~350 attendees); LiveWorx 2015 (~2,300 attendees); LiveWorx 16 (~4,000 attendees). Attendance numbers don’t lie and that shows the growing interest in IoT. (more…)
This week 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) in Las Vegas, Nevada. The Compass Intelligence Annual Awards recognize the best mobile computing, wireless data communications, Internet of Things, and eco-friendly products and services offered in the market during the past year.
The IoT Innovation Vendor of the Year Award is part of the A-List in M2M/IoT awards category and is voted on by more than 60 industry-leading press and analysts based upon a range of criteria, including vision, strategy, leadership, and financial success.
In the view of the award presenting organization PTC has 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, has become a major thought leader, having coauthored two seminal HBR articles that describe the implications of the IoT and offer companies a blueprint to get started on their own IoT journeys.
As part of its ongoing acquisition quest, earlier this week PTC announced that it had signed an agreement to acquire the Vuforia business from Qualcomm Connected Experiences for $65 million. Vuforia is a widely adopted augmented reality (AR) technology platform, that PTC is betting will enrich its technology portfolio and further foster its strategy to provide technologies that blend the digital and physical worlds. In other words, the next phase of the Internet of Things (IoT).
Under terms of the agreement, PTC will acquire the Vuforia business, including its developers ecosystem. PTC is committed to continued investment in the Vuforia platform and to the ongoing support and growth of the Vuforia ecosystem, but why wouldn’t it? The deal is expected to close later in 2015.
It was first reported last month that Qualcomm was soliciting bids for Vuforia as part of its effort to cut costs and focus on its key mobile business. The surprise was that PTC was the ultimate suitor for the company and its technology.
Vuforia is a mobile vision platform that enables apps to “see” and connect the physical world with digital experiences that demand attention and drive engagement. Vuforia is supported by a global ecosystem of developers, and has powered more than 20,000 apps with more than 200 million app downloads and installs worldwide.
Vuforia’s technology lets people use their smartphone or tablet to bring advertisements, toys, and other real-world objects to life. The effort has attracted a notable base of developers, but let’s face it, augmented reality remains more of a novelty than a big business. Obviously, PTC is out to change that. (more…)