The ThingWorx technology enhancements throughout 2016 further elevated the positions of PTC and ThingWorx in the market, leading to third-party acknowledgement and validation. In its Forrester Wave report on IoT platforms, Forrester Research identified PTC as having the most complete IoT platform offering on the market. Research firms IoT Analytics and Experton Group identified PTC as the IoT platform provider market leader. To top it off, PTC was named Internet of Things Enablement Company of the Year by Compass Intelligence and Industrial IoT Company of the Year by the IoT Breakthrough organization.
Record Participation in Universities and Academic Settings
PTC
has established a broad, IoT-focused academic program for students of
all grades and levels, developed and implemented by the
PTC
Academic Program. Since the inception of the PTC IoT Academic
Program, over 1,000 universities worldwide have registered. Many leading
academic institutions, including 14 of the top 15 engineering colleges
in the USA, have adopted the ThingWorx platform in the classroom. In
2016, over 500 new universities joined the PTC IoT Academic Program.
Also in 2016, PTC significantly increased the level of developer participation by delivering what is currently the highest rated IoT course on Udemy, the global online teaching and learning marketplace. The “ Fundamentals of IoT Development with ThingWorx” course saw its student enrollment number eclipse 4,200 in just five months, while maintaining a 4.5/5 rating from those who have participated. Excerpts from student reviews of the course include: “This is one of the best online courses that I have ever seen,” and “This course is just what I needed to truly understand what IoT is about.”
“In 2016, PTC proved that it is more than just a force to be reckoned with in the IoT space. PTC solidified itself as one of the leading IoT companies, with an impressive combination of technology offerings through ThingWorx, considerable growth potential, and an expanding ecosystem of reputable customers and partners,” said Dan Shey, managing director and vice president, ABI Research.
Additional Resources
- ThingWorx IoT Platform
- Harvard Business Review: “ How Smart, Connected Products are Transforming Companies,” authors PTC CEO Jim Heppelmann and Harvard Professor Michael Porter
About our Bookings Measure
Our
bookings measure is the annualized contract value of new subscription
bookings multiplied by a conversion factor of 2 plus perpetual license
bookings for the period plus any monthly software rental bookings during
the period.
About PTC (NASDAQ:
PTC)
PTC has the most robust Internet of
Things technology in the world. In 1986 we revolutionized digital 3D
design, and in 1998 were first to market with Internet-based PLM. Now
our leading IoT and AR platform and field-proven solutions bring
together the physical and digital worlds to reinvent the way you create,
operate, and service products. With PTC, global manufacturers and an
ecosystem of partners and developers can capitalize on the promise of
the IoT today and drive the future of innovation.
PTC, ThingWorx, Kepware, ColdLight, Vuforia, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170125005692/en/
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PTC
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