PTC Leader in Completeness of Vision
PTC has been named a Leader in its Magic Quadrant for Industrial IoT Platforms by independent industry analyst Gartner . The report evaluates the completeness of the vision of the US company as the most developed.
Gartner defines the Industrial Internet of Things (IIoT) platform market as “a suite of integrated software capabilities to improve asset management decision making and operational visibility and control for factories, infrastructure and equipment within asset-intensive industries “.
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The Gartner Magic Quadrant for Industrial IoT Platforms has two axes: “Ability to Execute” and “Completeness of Vision”. Gartner’s assessment criteria for “Completeness of Vision” include a company’s understanding of the market and business model, as well as its marketing, sales, offering (product), vertical / industry, innovation and geography strategies.
“We are very proud to be named a Leader in the Gartner Magic Quadrant for Industrial IoT Platforms,” said Joe Biron , Divisional General Manager, IoT Segment, PTC. is due to our understanding of the IIoT market, our innovation efforts and our ability to offer a business model that makes our customers easy to succeed. “
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The platform ThingWorx for IIoT solutions of PTC offers industrial companies the opportunity to make one complete digital transformation – from the way products are designed to create value and interaction with customers. ThingWorx provides end-to-end capabilities for connecting devices and creating solid IoT solutions, as well as compelling end-user experiences that are easy to build, easy to implement and enable companies to accelerate time to value.
For more information on PTC’s positioning in the IIoT Platforms market, please see a complimentary copy of the full Magic Quadrant report. You can find it here: Gartner Magic Quadrant for Industrial IoT Platforms 2020.
“Gartner Magic Quadrant for Industrial IoT Platforms”, Eric Goodness , Alfonso Velosa , Ted Friedman , Emil Berthelsen, Scot Kim , Peter Havart-Simkin , Katell Thielemann , October 19, 2020
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