Jim Heppelmann

PTC announced that Colfax Corporation, a globally recognised manufacturing and engineering technology company, has selected the ThingWorx® Industrial Innovation Platform powered by Microsoft Azure to align its Internet of Things (IoT) efforts and increase the pace of development.

PTC announced it has partnered with Microsoft to make available the ThingWorx® Industrial Innovation Platform on the Microsoft Azure cloud platform, capitalising on the two companies’ complementary technologies and together targeting opportunities in industrial sectors, including manufacturing.

PTC’s new software licences for its core solutions and ThingWorx® Industrial Innovation Platform will be available globally only by subscription, effective January 1, 2019. There will only be six countries that are exceptions. The exceptions where PTC has not announced plans for a complete transition from perpetual licensing to subscription are China, India, Korea, Russia, Taiwan, and Turkey.

BMW Group has selected the PTC Windchill® solution as its product lifecycle management (PLM) backbone for production and sourcing bill-of-material (BOM).

PTC, announced accelerated plans to help automotive companies convert their existing PTC software assets to subscription licenses, as well as develop next-generation vehicles using the ThingWorx® Industrial Innovation Platform as a product development/production platform.

PTC has unveiled its Reality Lab, a test centre led by researchers who will create applications that leverage augmented, virtual, mixed, and physical realities with the purpose of improving people’s interactions with their physical environments.

PTC announced that its CEO Jim Heppelmann has co-authored with Harvard Business School professor Michael Porter an article that defines the business implications of augmented reality (AR) and explores how AR is creating value in industrial settings today.

PTC announced that Bell and Howell has selected the ThingWorx® industrial innovation platform to transform its service organisation by enabling remote monitoring and service of its connected industrial mechatronic machines.

PTC has been named Best-in-Class for IoT Platforms for Rapid Deployment by the CXP Group. The PAC INNOVATION RADAR “IoT Platforms in Europe 2017” is the first study to evaluate IoT platforms in four different segments for specific applications. [Companies are evaluated based on several criteria that can be classified into two main categories, Competence and

PTC announced its ThingWorx® Studio Augmented Reality (AR) technology will be updated with Vuforia® 7 software, bringing with it major advancements in the ability to attach digital content to everyday objects and surfaces, as well as support for Apple’s ARKit and Google’s ARCore.

PTC has announced the appointment of Dr. Corinna Lathan to its board of directors. Dr. Lathan is CEO, co-founder, and board chair of AnthroTronix, Inc., a biomedical engineering research and development company that creates diverse products in robotics, digital health, wearable technology, and augmented reality.

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 WEEK: Homeward bound from a User Group conference unlike any I’ve attended before, says Jeremy Cowan. This time it was PTC‘s annual thrash in sunny Boston, Massachussetts, for 4,000 of their closest friends.

Boston, MA, USA — OK. Rewind five years, says Jeremy Cowan. Imagine you’re the CEO of a US-based computer software company that since 1985 has specialised in 2-dimensional & 3D design software, product, application and service lifecycle management (PLM, ALM & SLM), and service management solutions.

The Altice Group, a multinational cable, fiber, telecommunications, contents, and media company, and PTC announced the deployment of PTC’s ThingWorx® IoT platform across two Altice Group businesses:

Needham, MASS., USA. July 23, 2014 – PTC (Nasdaq: PTC) has signed a definitive agreement to acquire privately-held Axeda Corporation, a company developing solutions to securely connect machines and sensors to the cloud. The deal is worth approximately US$170 million in cash.