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PTC INC
Online
Massachusetts, USA
1985
$1BN to $5BN
Enterprise
83 Likes
62 Buyers Negotiating

PTC INC USP

In IoT security, PTC IoT Security solutions operates with its dedicated IoT security product, Axeda. Axeda helps integrate an end-to-end security mechanism, which spans all levels of an IoT framework namely: network, application, end-user, and data security. Axeda has received ISO 27001:2013 certification, which depicts company’s focus on providing the optimum level of security and performance. Additionally, Axeda M2M cloud service helps maintain network security at the client location, protects data from unauthorized entities, facilitates with secure infrastructure, ensures user authentication, user access control management, and ensures granular policy management. PTC IoT Security solutions offers complete IOT security solutions. Request PTC INC Pricing to get more information.

Summary

Axeda adapts to efficient mechanisms for encrypting message traffic, and along with providing support for Secure Sockets Layer (SSL) certificates from industry authorities, Transport Layer Security (TLS) is implemented to provide optimum security at the communications level. The message content is further secured using Advanced Encryption Standard (AES) 128 algorithm, and RSA 2048 algorithm. Furthermore, PTC IoT Security solutions has started a new initiative called as Smart Connected Support (SCS). Smart, connected and proactive support includes advanced product visibility and analytics. This initiative is powered by PTC IoT Security solutions’s own IoT technology, ThingWorx.

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PTC INC
62 Buyers Negotiating
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Strengths
  • +12
    Customer Redressal Mechanism/Program
  • +11
    Data Encryption and Tokenization
  • +7
    DDOS
  • +10
    Identity Access Management
  • +5
    Secure Communication
  • +8
    Security Analytics
  • +9
    On-Premise
  • +13
    On-Site Support
  • +14
    Remote Support
  • +13
    Device Authentication and Management
  • +8
    Consulting Services
  • +7
    Support & Maintenance
  • +11
    Data Encryption and Tokenization - IoT Security solution
  • +7
    DDOS - IoT Security solution
  • +13
    Device Authentication and Management - IoT Security solution
  • +10
    Identity Access Management - IoT Security solution
  • +12
    IDS/IPS - IoT Security solution
  • +6
    PKI Lifecycle Management - IoT Security solution
  • +5
    Secure Communication - IoT Security solution
  • +14
    Secure software and firmware update - IoT Security solution
Weaknesses
  • -11
    Types of Software/Services
  • -8
    Breadth and Depth of Product Offerings
  • -9
    Product Features and Functionality
  • -12
    Support and Services
  • -11
    Highly Scalable
  • -10
    Delivery
  • -11
    Scalability
  • -11
    Level of Support
  • -10
    Hosted / On-Cloud
  • -12
    IDS/IPS
  • -12
    Less Scalable
  • -6
    PKI Lifecycle Management
  • -14
    Secure software and firmware update
  • -6
    Integration & Deployment
  • -9
    Managed Services
  • -9
    Other - IoT Security solution
  • -8
    Security Analytics - IoT Security solution
PTC INC Presence in Internet of Things (IoT) Security Solutions
PTC aims to excel in IoT among competitors in the future by providing customized IoT solutions and focusing on relevant IoT acquisitions. The company continues to focus on working with the world’s leading system integrators and professional services companies, which can be a valuable channel for extending PTC’s ThingWorx IoT platform to a wider network of customers. Approximately 100 system integrators are now a part of the PTC Partner Network, including Cognizant, Deloitte, Kalypso, Infosys, ITC Infotech, and Tech Mahindra. In 2016, PTC partnered with systems integrators, such as Tech Mahindra and Infosys to develop new IoT security solutions based on its ThingWorx IoT platform, including solutions for smart manufacturing, fleet management, smart energy management, and connected car. To strengthen its portfolio in the IoT security aspect, PTC acquired Axeda in 2014. With this acquisition, the company aims to provide robust and secure network across the IoT endpoints, servers, and gateways. The acquisition of Axeda extended PTC's strategy by accelerating its ability to support manufacturers seeking competitive advantage as they create as well as service the connected products. PTC serves a wide range of industries, including telecommunications, utilities, medical devices, agriculture, and transportation, as well as various technology partners and IoT-service providers across the globe.
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