PTC Again Named Market Leader by Independent Research Company

ThingWorx Ranked Best-in-Class in PAC INNOVATION RADAR Europe 2017

NEEDHAM, Mass. — (BUSINESS WIRE) — October 17, 2017PTC (NASDAQ: PTC) has been named Best-in-Class for IoT Platforms for Rapid Deployment by the CXP Group (BARC, le CXP, PAC). The PAC INNOVATION RADAR “IoT Platforms in Europe 2017” is the first study to evaluate IoT platforms in four different segments for specific applications. [Companies are evaluated based on several criteria that can be classified into two main categories, Competence and Relative Market Strength.] The evaluation provides a neutral, comprehensive, and detailed presentation of the perceived strengths and weaknesses of 30 providers in direct comparison with competitors. Across all four segments, only six companies were ranked as Best-in-Class: PTC, Bosch Software Innovations, GE Digital, IBM, Microsoft, and SAP.

PAC ranked PTC highest in Competence in the Best-in-Class quadrant, citing its ThingWorx® platform as enabling the quick and easy creation of IoT applications with focus on the rapid and flexible visualization of data for non-IT users. ThingWorx provides data and device management, application development capabilities, analytics and code-less augmented reality authoring via ThingWorx Studio. PAC also recognized PTC for its strategic IoT focus, activities and thought leadership, IoT device management capabilities, user experience, ecosystem and partnerships, USP, client references and market perception and coverage.

“PTC is leading the IoT platform market for quick and easy application development,” said Arnold Vogt, Principal Consultant / Analyst IoT, PAC. “This is even recognized by other IoT platform providers, because many of them cooperate with PTC to utilize this capability.”

“We are very pleased with the number of awards PTC continues to garner in recognition of our strengths and market leading position,” said Jim Heppelmann, president and CEO, PTC. “PTC continues to focus on developing tools and solutions that empower our customers to capitalize on the Internet of Things. It is rewarding to be a catalyst and trusted solution provider for companies that are fundamentally transforming their businesses.”

About PAC – A CXP GROUP COMPANY
Founded in 1976, Pierre Audoin Consultants (PAC) is part of CXP Group, the leading independent European research and consulting firm for the software, IT services and digital transformation industry. CXP Group offers its customers comprehensive support services for the evaluation, selection and optimization of their software solutions and for the evaluation and selection of IT services providers, and accompanies them in optimizing their sourcing and investment strategies. As such, CXP Group supports ICT decision makers in their digital transformation journey. Further, CXP Group assists software and IT services providers in optimizing their strategies and go-to-market approaches with quantitative and qualitative analyses as well as consulting services. Public organizations and institutions equally base the development of their IT policies on our reports. Capitalizing on 40 years of experience, based in 8 countries (with 17 offices worldwide) and with 140 employees, CXP Group provides its expertise every year to more than 1,500 ICT decision makers and the operational divisions of large enterprises as well as mid-market companies and their providers. CXP Group consists of three branches: Le CXP, BARC (Business Application Research Center) and Pierre Audoin Consultants (PAC). For more information, please visit www.pac-online.com. PAC’s latest news: www.pac-online.com/blog Follow us on Twitter: @CXPgroup

About PTC (NASDAQ: PTC)
PTC is a global provider of technology that transforms how companies design, manufacture, operate, and service the “things” in the Internet of Things (IoT). With more than $1 billion in revenue and 6,000 employees worldwide, PTC is one of the largest software companies based in Massachusetts. In 1986 PTC revolutionized digital 3D design, and in 1998 were first to market with Internet-based product lifecycle management. Today, PTC enables global manufacturers and an ecosystem of partners and developers to drive innovation related to such promising technologies as the IoT and Augmented Reality.

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.



Contact:

PTC
Jack McAvoy, 781-370-6143
Corporate Communications
Email Contact
or
FleishmanHillard
Sara Steindorf, 314-982-1725
Email Contact




Review Article Be the first to review this article
Rand3D

IMTS 2018 Register Now>>

Featured Video
Jobs
Mechanical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Mid-Level Mechanical Engineer for Kiewit at lenexa, Kansas
Upcoming Events
Inside 3D Printing Seoul 2018 at Korea International Exhibition Center (KINTEX), Hall 5 408 Hallyuworld-ro, Ilsanseo-gu, Goyang-si, Gyeonggi-do Goyang Korea (South) - Jun 27 - 29, 2018
AMTEX 2018 at Pragati Maidan New Delhi India - Jul 6 - 9, 2018
34th Annual Coordinate Metrology Society Conference 2018 at Grand Sierra Resort, 2500 East Second Street Meeting & Covention Center Reno NV - Jul 23 - 27, 2018
Kenesto: 30 day trial



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise