PTC named Industrial IoT Company of the Year and IoT Innovative Product of the Year vendor

PTC, has received the 2017 Compass Intelligence Awards for Industrial Internet of Things Company of the Year (IIoT) and IoT Innovative Product of the Year Vendor for the Consumer Market for its ThingWorx® Studio augmented reality (AR) solution.

The 5th annual Compass Intelligence Awards winners were selected by more than 40 industry-leading press, editors, journalists, thought leaders, and analysts who cover technology. The programme included three primary award categories: Mobile & Wireless, A-List in IoT, and Bamboo Mobile (Green Tech). The 68 awards identify the best in mobile devices and software, wireless technology, platforms, Internet of Things, wearables, reuse/recycling of devices, connected products, robotics, augmented reality, artificial intelligence, and emerging solutions.

“PTC’s vision, robust technology portfolio, and strong market position continue to make the company the clear leader in the Industrial Internet of Things market,” said Stephanie Atkinson, president, Compass Intelligence.

Stephanie Atkinson

This is the third consecutive year that PTC has seen its IoT leadership recognised by the Compass Intelligence Awards. In 2016, PTC was named Internet of Things Enablement Company of the Year and Leading Augmented Reality Vendor, and in 2015 PTC was named IoT Innovation Vendor of the Year for its ThingWorx® IoT technology.

PTC’s ThingWorx technology has grown alongside the Industrial IoT market, becoming one of the most widely-used and trusted ways for companies to leverage the Industrial IoT to create smart, connected operations, products, and solutions.

The ThingWorx IoT platform delivers the functionality, flexibility, and agility that companies need to quickly develop and deploy Industrial IoT apps and cutting-edge augmented reality experiences. This includes industrial connectivity, analytics, application enablement, orchestration, and codeless AR experience authoring.

Jim Heppelmann

PTC was also recognised as IoT Innovative Product of the Year Vendor for the ThingWorx Studio augmented reality authoring and publishing tool. Leveraging Vuforia® computer vision technology, ThingWorx Studio democratises AR development by enabling users to author and publish AR experiences without requiring programming or coding skills.

“The Compass Intelligence awards are continued validation of PTC’s IIoT strategy and the strength of PTC’s IIoT solution portfolio,” said Jim Heppelmann, president and CEO, PTC.

“PTC is committed to bridging the digital and physical worlds to help create a new wave of connected products and services that will transform business and enable enterprises to accelerate time to value.”

Comment on this article below or via Twitter: @IoTNow OR @jcIoTnow

RECENT ARTICLES

eSIM connections to exceed 4.5bn in 2027 driven by expanding consumer market, says Kaleido

Posted on: May 16, 2022

London, UK. 11 May 2022 – Kaleido Intelligence, a connectivity market intelligence and consulting firm, has published its latest eSIM Market Outlook report. The study, which examines GSMA-compliant eSIMs across consumer and IoT markets, found that active xUICC (eSIM/iSIM) connections will grow over 1400% between 2022 and 2027, with growth heavily driven by smartphone users.

Read more

Our connected future: Smart building market & predictions

Posted on: May 13, 2022

Increasing government initiatives, growing energy concerns, consumer demands, and various environmental, social and governance (ESG) factors are driving the growth of the smart building market, which is expected to register a compound annual growth rate (CAGR) of over 23% between the period of 2020 – 2025.

Read more
FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more