PTC’s Industrial IoT Platform ThingWorx Celebrates More Recognition as Industry Leader

Compass Intelligence and Quadrant Knowledge Solutions Name PTC Leader
in IIoT for ThingWorx Industrial Innovation Platform

BOSTON–(BUSINESS WIRE)–lt;a href=”” target=”_blank”gt;#ARlt;/agt;–PTC
(NASDAQ: PTC) today announced that it has been recognized by both Compass
and Quadrant
Knowledge Solutions
as a 2019 leader in the global industrial
internet of things (IIoT) marketplace for its ThingWorx®
Industrial Innovation Platform.

The two awards come just months after PTC introduced the latest version
of ThingWorx.
ThingWorx 8.4 introduces a long list of new capabilities, including Operator
, which is designed to increase the productivity of factory
workers by simplifying the way critical operational data is collected,
synthesized, and delivered.

“PTC continues to advance its breakthrough IIoT solutions and equip
industrial companies with industry-leading software to drive business
momentum and create value,” said Jim Heppelmann, president and CEO, PTC.
“These accolades underscore not only PTC’s technological superiority,
but also our commitment to the success of our partners and customers in
the industrial sector.”

Compass Intelligence Awards PTC with IIoT Company of the Year
is the fourth year that PTC has received the Compass
Intelligence Award
for Industrial IoT Company of the Year.
These annual awards honor the top companies, products, and technology
solutions in three primary award categories: Mobile & Wireless, IoT &
M2M, and Emerging Technology. Winners are selected by more than 40
industry-leading editors, journalists, thought leaders, and analysts.

“With so many strong nominations, this year’s winners represent the
coolest and most disruptive in technology,” said Stephanie Atkinson, CEO
and founder, Compass Intelligence. “Year after year, PTC’s vision,
robust technology portfolio and strong market position make it the
undisputed leader in the IIoT market.”

PTC Named Leader for Customer Impact and Technology Excellence
the second year in a row, PTC has been named a market leader by Quadrant
Knowledge Solutions, receiving the highest rating in Quadrant’s 2019
Strategic Performance Analysis and Ranking (SPARK) Matrix. In the 2019
SPARK Matrix, Quadrant analyzed the offerings of a wide range of
software providers in the IIoT space, evaluating each on its technology
platform, product capabilities, customer impact, ease of use, visionary
innovation, and future roadmap. Through comprehensive research and a
rigorous methodology, the resulting report and corresponding matrix
showcase PTC’s clear leadership in the industry, driven by its robust
portfolio of IIoT solutions.

“We congratulate PTC for the second year in a row as the unambiguous
technology leader in the 2019 SPARK Matrix for IIoT Platforms,” said
Piyush Dewangan, Industry Research Manager, Quadrant Knowledge Solutions.

Click here
to learn more about the ThingWorx Industrial Innovation Platform.

Additional Resources

PTC unleashes industrial innovation
with award-winning, market-proven solutions that enable companies to
differentiate their products and services, improve operational
excellence, and increase workforce productivity. With PTC, and its
partner ecosystem, manufacturers can capitalize on the promise of
today’s new technology to drive digital transformation.

PTC, ThingWorx, and the PTC logo are trademarks or registered trademarks
of PTC Inc. and/or its subsidiaries in the United States and other


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