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Posts Tagged ‘Internet of Things’

LiveWorx 2015: A New Chapter For PTC

Monday, May 4th, 2015

We’re in Boston’s Back Bay this week for PTC’s LiveWorx 2015 conference on the Internet of Things (IoT).

This event is a new one for us and one that largely foretells the future direction of PTC.

If you’re here, let’s talk. This is all brand new to me, and I’m on an educational mission. I’d like to hear your opinions on what’s good, what’s bad, and what might potentially be scary, as well as game-changing in this new foray for PTC.

Contact me at jeff@ibsystems or 719.221.1867.


Technology of the Year: The Internet of Things

Thursday, December 18th, 2014

This year we’ve attended several technical meetings and conferences in the design, engineering, and manufacturing realms and have heard one concept/phrase repeated much more than anything else – Internet of Things (IoT). That said, we consider IoT to be the most significant technology of the year for 2014.

Simply, IoT is a newer implementation and outgrowth of an older technology known as Machine-to-Machine (M2M).

The Internet of Things (IoT) refers to uniquely identifiable objects and their virtual representations in an Internet-like structure. The term Internet of Things was proposed by Kevin Ashton in 1999, although the concept had been discussed since 1991.

Radio-frequency identification (RFID) was seen as a prerequisite for the Internet of Things in the early days. The initial thought was, if all objects and people in daily life were equipped with identifiers, they could be managed and inventoried by computers.

Today, the term IoT is used to denote advanced connectivity of devices, systems, and services that goes beyond machine-to-machine (M2M) communications and covers a variety of protocols, domains, and applications. Both of the technologies are expected to enable billions of new devices in the near future (I’ve seen forecasts of 20-100 billion connected devices by 2018 or 2020).

The Internet of Things: Dr. John Barrett at TEDxCIT

In most M2M and IoT scenarios, the device being monitored and/or controlled contains an integrated sensor and wireless transceiver connected through a cellular, WiFi, or other wireless link to the Internet. Keep in mind that all devices are assigned an Internet Protocol (IP) address for unique identification and role purposes. The Internet connection communicates with a remote server that contains the application software. The monitoring device then makes an Internet connection to the same server to complete the service request loop.

Data from the communication is then captured, displayed, stored, and control commands are issued as a result of it.

The Internet of Things Explained

In mechanical design and engineering, while many of the hardware and software vendors have expressed interest in IoT, PTC has really embraced it and positioned it as a major part of their overall strategy going forward.

PTC Strengthens IoT Position By Acquiring Axeda

Friday, July 25th, 2014

It appears that PTC is wading deeper into Internet of Things (IoT) waters with the announcement that it has signed a definitive agreement to acquire privately-held Axeda Corp., a pioneer in the development of technologies that connect machines and sensors to the cloud. Paying approximately $170 million in cash, PTC’s primary motivations behind the acquisition are Axeda’s innovative technology, customer base, and partnerships that could directly complement the PTC ThingWorx business across the entire Internet of Things technology stack.

Axeda IoT ROI and Value Curve Overview


PTC Live Global 2014: IoT and PTC Creo 3.0 Take Center Stage

Thursday, June 19th, 2014

Along with over 2,000 other attendees, we just returned from the PTC Live Global 2014 conference and exhibition in Boston. It was a very good show at a very good venue — the Boston Convention Center.

The two biggest things we noted at the conference were PTC’s involvment and commitment to the Internet of Things (IoT) and the introduction of PTC Creo 3.0. We also noted a more upbeat crowd attending the show this year than in years past. The attendees we spoke with said the lighter attitude was due to PTC’s announcements, PTC’s corporate direction, and an economy that continues to slowly improve.

PTC Technology Update – PTC Live Global 2014 Keynote


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