PTC Named a Visionary in Gartner Magic Quadrant for Industrial IoT Platforms for the Second Consecutive Year

▤ Summary

Gartner defines the market for Industrial Internet of Things (IIoT) platforms as “a set of integrated software capabilities to improve asset management decision making and operational visibility and control for plants, infrastructure and equipment within asset-intensive industries and environments.” Gartner’s Magic Quadrant for Industrial IoT Platforms is comprised of two axes – ‘ability to execute’ and ‘completeness of vision.’ Gartner’s ‘ability to execute’ evaluation criteria encompasses the robustness of the product or service, overall viability, sales execution/pricing, market responsiveness and track record, marketing execution, customer experience, and operations. “We are pleased to once again be named a Visionary in Gartner’s Magic Quadrant for Industrial IoT Platforms,” said Jim Heppelmann, president and CEO, PTC. Comprised of a rapid application development platform, device connectivity, machine learning capabilities, augmented reality, and integration with leading device clouds, ThingWorx delivers a comprehensive IIoT technology stack that enables customers to securely connect assets, quickly create applications and experiences, and innovate new ways to capture value. PTC also offers a wide range of solutions that extend the ThingWorx platform with packaged capabilities based on the most common use cases found in industrial settings. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation.

▦ Linked Companies

PTC

$1B+