Accelerating the Industrial Internet of Things
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PTC

Unlocking Physical Digital Convergence
United States
1985
Public
NASDAQ:PTC
$1-10b
1,001 - 10,000
Open website
PTC is a global provider of technology platforms and solutions that transform how companies create, operate, and service the "things" in the Internet of Things (IoT). The company's next-generation ThingWorx technology platform gives developers the tools they need to capture, analyze, and capitalize on the vast amounts of data being generated by smart, connected products and systems. The company's field-proven solutions are deployed in more than 26,000 businesses worldwide to generate a product or service advantage. PTC's award-winning CEO, considered an industry thought leader, co-authored the definitive guides to the impact of the IoT on business in the Harvard Business Review.
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PTC has the combination of IoT solutions, smart, connected support, and customer success services to help your company achieve maximum value at every step of its transformation.

ThingWorx loT Platform
ThingWorx speeds the creation of high value IoT applications that support manufacturers' strategies, such as predictive maintenance and system monitoring, and enhance PTC's existing ALM, PLM, and SLM solution portfolio.

Axeda Machine Cloud
Axeda provides the most advanced cloud-based service and software for managing connected products and machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things (IoT) applications.

Coldlight (Neuron)
Coldlight's Neuron Predictive Analytics Platform uses artificial intelligence and machine learning technology to automatically analyze data, detect patterns, build statistically validated predictive models, and send information to virtually any type of application or technology.

Vuforia AR platform
PTC’s Vuforia AR platform empowers innovators and developers in the industrial enterprise to build immersive AR experiences that transform the way users create, operate, and service products in the smart, connected world.

ThingWorx Studio
ThingWorx Studio - an AR offering for the Industrial Enterprise. ThingWorx Studio combines the power of Vuforia with the ThingWorx IoT Platform, offering new ways for the industrial enterprise to create, operate, and service products.
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Industrial Products
Electronics & High Tech
Government, Aerospace & Defense
Automotive
Retail & Consumer
Life Sciences
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Hardware
Software
Horizontal applications are standardized (e.g., asset tracking). Vertical applications are tailored to specific needs (e.g., delivery fleet management).
IoT analytics includes real-time or edge computing and batch analysis. Analytics can be behavioral, descriptive, predictive, or prescriptive.
Visualization solutions use dashboards, alerts, events, maps, and other tools to present easily comprehensible data to end users.
Data management solutions capture, index and store data in traditional database, cloud platforms, and fog systems for future use.
Security software provides encryption, access control, and identity protection to IoT solutions from data collection through end-user applications.
Services
System integrators link IoT component subsystems, customize solutions, and ensure that IoT systems communicate with existing operational systems.
IoT data management consultancies help to make sense of big data, decide which data to maintain and for how long, and troubleshoot IT issues.
IoT software consultancies support the development of data analytics, visualization solutions, and platforms, as well as integration into embedded systems.
Examples of business consulting services include go-to-market design and execution, business model development, channel development, and corporate M&A.
Training programs range from executive workshops to technical programs intended to upgrade workforces with IoT expertise.
Number of Case Studies8
Transformation for IoT Business Model in Connected Industrial Vehicles
Transformation for IoT Business Model in Connected Industrial Vehicles
CNH Industrial wanted to put IoT-enabled viechles onto the market. Whether monitoring a single machine or integrating an entire fleet, operators are able to track the status, speed, and movement of machines and their performance and also receive alerts on issues that may require service by a qualified technician to improve uptime and overall effectiveness of the vehicle.
Reducing Mean Time to Repair by 50 Percent with SmartConnect
Reducing Mean Time to Repair by 50 Percent with SmartConnect
Varian has a variety of medical instruments and cancer treatment systems that support today’s leading-edge treatment modalities with Intensity Modulated Radiation Therapy (IMRT) and Image Guided Radiation Therapy (IGRT). These treatment systems are deployed at more than 1,000 hospitals and clinics worldwide. Traditionally, system and equipment problems have required one or more service technicians to diagnose and resolve issues at the hospital site, resulting in higher costs and lost patient treatment time. For a typical treatment device, the loss of one day’s treatment time can result in 35 patients missing their treatments, which is something hospitals and patients cannot afford. Problem resolution can be complicated if incorrect or incomplete information has been provided by the operator, and also in cases where the problem cannot be recreated once the technician is on site. Operators of the Varian Acuity™ imaging system, an integrated simulator and verification tool for testing patient treatment plans, occasionally require expert assistance. Image quality optimization, solving operational problems, and tuning system performance can cost time and money for Varian and their customers.
Providing Proactive Support with Intelligent Smart Services
Providing Proactive Support with Intelligent Smart Services
“For us to maintain low costs and high customer satisfaction while providing improved response times, we need a better, faster way to resolve issues beyond dispatching onsite technicians,” explains Mark Hessinger, Executive Director of Worldwide Service at Gerber Scientific.Gerber faces a continuous need to train new personnel as they are brought into the service organization. A change in strategy for service allows Gerber to build a stronger technical support organization and a more efficient process to bring new field service engineers up to speed.“We have a lot of tenured employees in North America and Europe,” observes Hessinger. “In seven years, the loss of man years will accelerate, so we need to retain product knowledge before it becomes a greater issue and impacts our customers.”Hessinger and his team realized that they needed a solution to remotely connect to their products and identify, diagnose, and resolve issues. Ideally this would happen before their customers even become aware of a problem, reducing the dispatch of onsite technicians or improving first-time fix rates when onsite visits are required.By collecting data from their products deployed in production, the company could begin addressing the aging workforce issue by capturing and retaining information. Collecting information on consumables and parts could automate consumable resupply, optimize spare parts inventory, and enable Gerber to provide true preventive maintenance.“We do not have mean time between failure data because we don’t know how many hours our customers are actually using our products,” says Hessinger. “Some customers use our products a few hours a day, while others use them 24/7. Obtaining actual usage data will help us better plan our spare parts and the consumables required for run times.”Other capabilities identified to help build a business case for their initiative included minimizing product downtime, automating software patch distribution, offering value-added services, providing engineering with product usage data, and delivering remote training on product capabilities for distributors and new technicians.
Number of News Items3
HARMAN to Extend Existing IIOT Collaboration with PTC to Create Groundbreaking Mixed Reality Platform for ...
Machining News (press release) (blog) - 16 Mar, 2018
With worldwide spending on augmented reality and virtual reality projected to reach $17.8 billion in 2018, HARMAN and PTC are partnering to lead the way in this innovative era by placing cutting-edge mixed reality technology into the hands of enterprises. – users will be able to fully immerse themselves into training a
Samsung, PTC Go in Together on New IoT Initiatives
eWeek - 27 Feb, 2018
The deal puts to work PTC's integration and consulting talent alongside PTC's ThingWorx Industrial Innovation Platform and Samsung's ARTIK Smart IoT Platform. Samsung said its ARTIK IoT Platform with SmartThings Cloud provides production-ready hardware, software and tools, together with integrated cloud services to ena
HARMAN to Extend Existing IIoT Collaboration with PTC to Create Groundbreaking Mixed Reality Platform for Enterprises
Business Wire (press release) - 26 Feb, 2018
– users will be able to fully immerse themselves into training and additional communication materials with the help of virtual reality. “Augmented and virtual reality are quickly emerging as mediums to train and collaborate within enterprises,” says Sandeep Kalra, SVP and GM of the Digital Transformation Solutions, HAR
Number of Software2
Axeda Machine Cloud
Axeda Machine Cloud
Axeda Provides the Most Advanced Cloud-Based Service and Software for Managing Connected Products and Machines- We take the cost and complexity out of connecting and managing devices and machines and remotely servicing the products of the world’s leading companies.- We turn raw machine and sensor data into useful information for business insights and better decision making.- We make it easy to integrate machine and sensor data to business systems so companies can optimize their business processes with accurate real-time machine data.- We provide a platform and application services so companies can develop new innovative M2M and IoT applications that reinvent the customer and product experience and differentiate their product and service offerings.
Kinex™ Navigate™
Kinex™ Navigate™
Kinex™ Navigate™ is a next-generation PLM platform that grants users universal data access on their products and help them improve decision making and performance. It is the first application branded under the Kinex™ suite of applications.
Number of Podcasts4
EP005: Operational Intelligence and Real-Time Performance Visibility - An Interview with PTC's JP Provencher
Tuesday, Apr 25, 2017
IoT technologies enable a "physical-digital convergence" within manufacturing. JP Provecher discusses how PTC's ThingWorx platform enables the convergence through operational intelligence and real-time performance visibility.

Learn more: http://www.ptc.com/ OR contact JP via LinkedIn.
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EP013a: At the Center of Physical Digital Convergence - An Interview with PTC's Steve Dertien
Monday, Sep 25, 2017
PTC is a company on a mission to bring together the physical and digital worlds, not just through the recent launch of their signature Thingworx 8 platform and AR technology suite but also through their traditional industrial software. In fact, in 1998 they were pioneers in bringing internet-based PLM software to the market.

In the first installment of this three-part series, we have the pleasure of welcoming Steve Dertien, Senior Vice President of Technology at PTC to the show. He is a veteran who developed their CAD and PLM offerings in the early days of the firm and will be sharing more with us about PTC itself and their evolution to become an industry-leading industrial software company.

Learn more: thingworx.com

For developers: developer.thingworx.com
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EP013b: Driving transformative business value with IoT - An Interview With PTC's Steve Dertien
Thursday, Sep 28, 2017
Driving transformative business value is at the heart of PTC's IoT strategy and technology. They achieve this by having a comprehensive IoT solution portfolio that is structured in a manner that allows end users to meet 5 key objectives: Source, Contextualize, Synthesize, Orchestrate and Engage. Keen to find out more? Then join us in the scond installment of this three-part series as Steve Dertien, Senior Vice President of Technology at PTC gives us a deep-dive into their IoT solution suite.

Learn more about PTC's industry-leading AR technology known as Thingworx Studio: www.thingworx.com/platforms/thingworx-studio/
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EP013c: IoT is PLM - An Interview With PTC's Steve Dertien
Friday, Sep 29, 2017
At this year's LiveWorx '17 technology conference, PTC President and CEO Jim Heppelmann in his keynote speech explained that while IoT and AR are necessities to one another, CAD and PLM are the real “match makers” that fuse them together before going on to declare that
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Number of Memberships3
Industrial Internet Consortium (IIC)
Industrial Internet Consortium (IIC)
The Industrial Internet Consortium was founded in March 2014 to bring together the organizations and technologies necessary to accelerate the growth of the Industrial Internet by identifying, assembling and promoting best practices. Membership includes small and large technology innovators, vertical market leaders, researchers, universities and government organizations.Industrial Internet Consortium Working Groups coordinate and establish the priorities and enabling technologies of the Industrial Internet in order to accelerate market adoption and drive down the barriers to entry. There are currently 19 Working Groups and teams, broken into 7 broad areas: • Business Strategy and Solution Lifecycle• Legal• Marketing• Membership• Security• Technology• TestbedsThese groups are comprised of Industrial Internet Consortium member company representatives. Member companies can assign an unlimited number of individuals to the Working Groups, which follows the one vote, one company rule.Testbeds are a major focus and activity of the Industrial Internet Consortium and its members. The Testbed Working Group accelerates the creation of testbeds for the Industrial Internet and serves as the advisory body for testbed proposal activities for our members. It is the centralized group which collects testbed ideas from our member companies and provides the members with systematic yet flexible guidance for new testbed proposals. Our testbeds are where the innovation and opportunities of the Industrial Internet – new technologies, new applications, new products, new services, new processes – can be initiated, thought through, and rigorously tested to ascertain their usefulness and viability before coming to market. Learn more about testbeds in general and specific testbeds below.
IoT M2M Council (IMC)
IoT M2M Council (IMC)
The IMC is comprised of companies providing solutions from all parts of the global Iot/M2M ecosystem as Sustaining Members. The organisation has brought together large-scale connectivity providers like AT&T and Deutsche Telekom, but also more dedicated network operators such as long-time industry players Aeris Communications and Kore Telematics. It includes systems integrators like Digi, but also equipment manufacturers like Telit, and chipware maker giants like Intel.The IMC is the largest and fastest-growing trade organisation in the IoT/M2M sector, with over 18,000 OEMs, enterprise users, and apps developers as members, and an average of 300 new members joining weekly. Key objectives include:- Awareness: promote powerful use-cases for IoT/M2M technology in industries like automotive, manufacturing, energy, healthcare, public infrastructure, retail, and more – making the benefits of connectivity highly visible to Adopters.- Research: learn more about the demographics and needs of Adopters that deploy connectivity – in functions as diverse as operations, IT, and product design – and in doing so, how best to address those needs.- Thought Leadership: provide platforms for IMC Sustaining Members to set the group agenda, communicate that agenda to a broad audience, create better channel relationships, and rightfully claim a position of industry leadership.- Policy: communicate consensus views about important issues, such as privacy and security in the IoT/M2M sector, with governments and other industry groups as those views pertain to regulations and standards.
Object Management Group (OMG)
Object Management Group (OMG)
Object Management Group (OMG) is international, open membership, not-for-profit technology standards consortium. OMG standards are driven by vendors, end-users, academic institutions and government agencies. OMG Task Forces develop enterprise integration standards for a wide range of technologies and an even wider range of industries. OMG’s modeling standards, including the Unified Modeling Language® (UML®) and Model Driven Architecture® (MDA®), enable powerful visual design, execution and maintenance of software and other processes. OMG also hosts organizations such as the user-driven information-sharing Cloud Standards Customer Council™ (CSCC™) and the IT industry software quality standardization group, the Consortium for IT Software Quality™ (CISQ™). OMG also manages the Industrial Internet Consortium, the public-private partnership that was formed in 2014 with AT&T, Cisco, GE, IBM, and Intel to forward the development, adoption, and innovation of the Industrial IoT.Our members include hundreds of organizations including software end-users in over two dozen vertical markets (from finance to healthcare and automotive to insurance) and virtually every large organization in the technology industry. OMG’s one organization- one vote policy ensures that every member organization- whether large or small- has an effective voice in our voting process. At OMG, specification adoption is the starting point rather than the end of the process. Our “No Shelf-ware” policy bars all proposed specifications that do not have an implementation plan from being adopted by OMG. This guarantees that all OMG specifications are immediately useable. Furthermore, we do not just focus on the specification itself - we focus on the whole product: with corresponding seminars, workshops, certification, books and more! OMG hosts four technical meetings throughout the year. These meetings give OMG members and interested nonmembers the opportunity to collaborate in a centralized location, learn about technology standards products and processes at tutorials, and attend special information day events on current trending hot topics. While technical meetings provide a centralized location for Task Forces and Working Groups to work together, they are merely checkpoints with the bulk of the work between members taking place electronically via email, teleconferences, and on wikis.In addition to technical meetings, OMG acts as event producer for conferences and workshops for its members around the world, including the Internationalization & Unicode Conference.OMG maintains liaison relationships with dozens of other organizations including ISO (which publishes many OMG standards without edits), Health Level Seven (HL7), and the Data Transparency Coalition.
Number of Similar Suppliers2
ThingWorx (PTC)
The ThingWorx IoT Technology Platform. One Platform. Limitless Possibilities.ThingWorx is the only enterprise-ready technology platform that enables innovators to rapidly develop and deploy smart, connected solutions for the Internet of Things.Build FastConnectivity and development tools made for IoT enable developers to quickly create, test and deploy solutions faster than ever thought possible.Build SmartIntegrated capabilities of the platform enable developers to create more feature-rich solutions in a fraction of the time of other platforms.Build for EnterprisesDevelopers quickly and easily create IoT solutions that are scalable, secure, and meet the needs of the largest of enterprises.
Kepware (PTC)
Kepware Technologies, established in 1995, is a software development company headquartered in Portland, Maine. Kepware develops software solutions for the Industrial Automation Industry that help bridge the communication gap between diverse hardware and software applications. Their products enable informed decision-making from the shop floor to the top floor by providing consistent, reliable data across the enterprise.Kepware only delivers industrial-strength solutions that are designed, tested, and certified to meet the demands of industrial automation applications. They will not release a product until it has successfully passed all stages of our rigorous quality control process. They build, sell, and support the global market from our Portland, Maine headquarters to ensure the highest-quality output.
Number of Partners12
Cisco
Cisco designs and sells broad lines of products, provides services and delivers integrated solutions to develop and connect networks around the world, building the Internet. Over the last 30 plus years, they have been the world’s leader in connecting people, things and technologies - to each other and to the Internet - realizing their vision of changing the way the world works, lives, plays and learns.Today, Cisco have over 70,000 employees in over 400 offices worldwide who design, produce, sell, and deliver integrated products, services, and solutions. Over time, they have expanded to new markets that are a natural extension of their core networking business, as the network has become the platform for automating, orchestrating, integrating, and delivering an ever-increasing array of information technology (IT)–based products and services.Revenue: $49.2 billion (2015)NASDAQ: CSCOSubsidiaries/ Business Units:- Jasper- OpenDNS- CloudLock
Intel
Intel designs, manufactures, and sells integrated digital technology platforms worldwide. The company's platforms are used in various computing applications comprising notebooks, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, transportation systems, and retail devices. It offers microprocessors that processes system data and controls other devices in the system; chipsets, which send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive or solid-state drive, and optical disc drives; system-on-chip products that integrate its central processing units with other system components onto a single chip; and wired network connectivity products.Featured Subsidiaries/ Business Units:- Intel Inside- Intel Data Center Manager (DCM)- Saffron Technology- Wind River
Texas Instruments
Texas Instruments (TI) offers more than 100,000 products. Its largest segment is analog semiconductors, which change real-world signals (such as sound and images) into the digital data streams. Analog product are used to manage power in all electronic devices; TI sells these products to customers in the consumer electronics and industrial markets, among others. The company also makes embedded processors, which can process data from analog chips and handle specific tasks in electronic devices. TI's other products include digital light processing (DLP) chips used in high-definition projectors, custom semiconductors, and calculators. It generates most of its sales from the Asia/Pacific region.
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