PTC Named a Leader in Gartner Magic Quadrant for Industrial IoT Platforms

BOSTON, Nov. 3, 2020 — (PRNewswire) —   PTC (NASDAQ: PTC) today announced that it has been named a Leader by independent industry analyst firm Gartner in its Magic Quadrant for Industrial IoT Platforms1. According to the report, PTC placed furthest to the right for its completeness of vision.

PTC named a Leader in Gartner Magic Quadrant for IIoT Platforms, and positioned furthest to the right for Completeness of Vision.

Gartner defines the market for Industrial Internet of Things (IIoT) platforms as "a set of integrated software capabilities to improve asset management decision making and operational visibility and control for plants, infrastructure and equipment within asset-intensive industries."

Gartner's Magic Quadrant for Industrial IoT Platforms is comprised of two axes – "Ability to Execute" and "Completeness of Vision". Gartner's "Completeness of vision" evaluation criteria encompasses a company's market understanding and business model, along with its marketing, sales, offering (product), vertical/industry, innovation, and geographic strategies.

"We are very proud to be named a Leader in Gartner's Magic Quadrant for Industrial IoT Platforms," said Joe Biron, Divisional General Manager, IoT Segment, PTC. "We believe that being recognized for our 'Completeness of vision' is due to our understanding of the IIoT market, our innovation efforts, and our ability to offer a business model that makes it simple for our customers to be successful."

PTC's ThingWorx® IIoT solutions platform offers industrial enterprises the tools to implement a complete digital transformation – from how they design and manufacture products to how they create value and engage with customers. ThingWorx provides end-to-end capabilities to connect devices and build robust IoT solutions and compelling end-user experiences that are simple to create, easy to implement, and enable companies to accelerate time-to-value.

For additional information on PTC's position within the IIoT platforms market, please access a complimentary copy of the full Magic Quadrant report here: Gartner 2020 Magic Quadrant for Industrial IoT Platforms. 

1Gartner Magic Quadrant for Industrial IoT Platforms, Eric Goodness, Alfonso Velosa, Ted Friedman, Emil Berthelsen, Scot Kim, Peter Havart-Simkin, Katell Thielemann, 19 October 2020

Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About PTC (NASDAQ: PTC)
PTC enables global manufacturers to realize double-digit impact with software solutions that enable them to accelerate product and service innovation, improve operational efficiency, and increase workforce productivity. In combination with an extensive partner network, PTC provides customers flexibility in how its technology can be deployed to drive digital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, we don't just imagine a better world, we enable it.

PTC.com         @PTC         Blogs

PTC, ThingWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.

Photo - https://mma.prnewswire.com/media/1326286/PTC_Inc_MQuad_Graph.jpg
Logo -  https://mma.prnewswire.com/media/1313772/ptc_Logo.jpg

 

Contact:
Company Name: PTC Inc., Gartner
PTC, Corporate Communications, Greg Payne
Email Contact
Web: www.ptc.com
Financial data for PTC Inc., Gartner




Review Article Be the first to review this article

SolidCAM - See For Yourself

Featured Video
Editorial
Latest Blog Posts
Sanjay GangalMCADCafe Lens
by Sanjay Gangal
NVIDIA GTC October 2020 Keynote
Jobs
Product Design Engineer - Testing Methods for Apple Inc at Cupertino, California
BIM Modeler for Woolpert at Oakbrook Terrace, Illinois
BIM Designer – Revit for Schneider Electric at Smyrna, Tennessee
GIS Analyst for Iberdrola at Augusta, Maine
GIS Analyst for City of Shreveport at Shreveport, Louisiana
Upcoming Events
3D Collaboration & Interoperability Congress at Golden CO - Feb 20 - 24, 2021
RAPID + TCT 2020 Postponed to 2021 at Anaheim Convention Center Anaheim CA - Apr 2, 2021
WESTEC at Long Beach Convention Center CA - Sep 21 - 23, 2021
Kenesto: 30 day trial
MasterCAM



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise