PTC INC ThingWorx Industrial IoT Platform in IoT Analytics

PTC INC ThingWorx Industrial IoT Platform
Online
Massachusetts, USA
1985
$1BN to $5BN
77
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PTC INC ThingWorx Industrial IoT Platform USP

The company offers an array of software solutions, such as Computer-Aided Design (VCAD) modelling, Service Lifecycle Management (SLM), and Product Lifecycle Management (PLM). The company also offers IoT solutions to enable customers to connect smart things, manage and analyze data, and develop applications. PTC offers IoT analytics solutions under its ThingWorx solution, a technology platform which enables customers to create and deploy applications and solutions. The solution also includes cloud-based tools which facilitate users to connect products and devices to the cloud, process, transform, store, and organize product and sensor data. The on-premises and on cloud deployment models provide the customers with an option to choose the delivery model. This has strengthened PTC’s customer base. Request PTC INC ThingWorx Industrial IoT Platform Pricing to get more information.

Summary

The ThingWorx analytics infrastructure encompasses thing watcher, thing predictor, thing optimizer, and ThingWorx analytics server. The thing watcher is designed to predict anomalies in near real time and monitor the application for any anomalies; it then sends the report to the end-user. The range of services including advisory to implementation has improved the offering and garnered the position among leading players. The users can analyze big data, translate into real-time insights with built-in analytics of this solution. In January 2016, PTC acquired Kepware, a software development company, to strengthen its IoT analytics offerings. With this acquisition, the Kepware’s KEPServerEX has been integrated with the company’s ThingWorx IoT technology platform facilitating automatic analysis of big data with advanced machine learning capabilities.

360 Quadrants

Strengths and Weaknesses
  • +7 Delivery
  • +10 Batch Data Processing
  • +12 Directly
  • +11 Real-time Streaming Data Processing (Data-in-Motion)
  • +13 Through Partners / Third-Party Vendors
  • +6 Semi-Structured Data
  • +7 Unstructured Data
  • +8 Hosted / On-Cloud
  • +7 On-Premise
  • +12 Predictive Analytics
  • +13 Prescriptive Analytics
  • +9 Databases
  • +7 Programming Language (such as R, Python, Java)
  • +12 Remote Support
  • +10 Servers (such as Hadoop, Apache)
  • +11 Any other Integration type
  • +5 Marketing
  • +8 Operations/Production
  • +11 Per User Basis
  • +9 Product Development
  • -5 Structured Data
  • -10 Descriptive Analytics
  • -11 Diagnostics Analytics
  • -8 Microsoft Corporation Office (including Spreadsheet)
  • -11 On-Site Support
  • -11 Customer Service
  • -6 Finance
  • -9 Full Time Equivalent
  • -7 Human Resources (HR)
  • -9 Data Profiling
  • -11 Data Virtualization
  • -6 Location
  • -5 Speech/Audio
  • -6 Visualization on Mobile Devices
  • -13 Any Other Data Preparation Features
  • -9 Any Other Data Presentation Features
  • -7 Other Data formats
  • -6 Other applications
  • -11 Behavioral Data / Psychographic Data
  • -9 Demographic Data
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PTC INC ThingWorx Industrial IoT Platform presence in IoT Analytics Software

PTC has a strong presence in the Americas, Europe, and APAC. The company has an extensive network of software resellers, hardware resellers, and software and service partners. Major renowned resellers include 3H Technology Institute, LLC, 3D PRO SP, ZOO, 4 CAD PLM Canada, and Alfasoft AS. The company has more than 750 partners including hardware and system integration partners, service and training partners, VARs, and enterprise and performance team partners. The company has adopted an ingenious approach of partnerships, collaborations and acquisitions to enhance its market presence. For instance, to expand its offering in IoT analytics, PTC acquired Kepware, a software development company providing communication connectivity for industrial automation in January 2016. The company has formed partnerships with leading industry players in various areas to enhance the capabilities of its solutions, expand its presence in new markets, and introduce new innovative solutions. Moreover, PTC formed partnerships with HMS Industrial Networks, MultiTech, Sierra Monitor Corporation, 4CAD Group, Barkawi, and Gray Matter Systems to enhance its presence.


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