Continuing with its Internet of Things strategy to enable customers to
bring smart, connected products to market faster, PTC
(Nasdaq:PTC) today announced that its Axeda
Machine Cloud® technology was named 2014 Innovative Technology of
the year for the Internet of Things by the Mass Technology Leadership
Council (MassTLC) during the 2014 Technology Leadership Awards.
PTC acquired Axeda in August 2014 for its leading-edge Internet of
Things (IoT) technology. The PTC Axeda Machine Cloud® enables customers
to cost-effectively and securely connect products to the cloud and then
leverage the remote connectivity and data to provide world-class
service, gain new business insights and deliver new innovative
applications.
“The MassTLC awards showcase the incredible innovation that takes place
every day in Massachusetts that can then be adopted around the globe,”
said Bill Zujewski, executive vice president, Axeda strategy, PTC. “The
world is moving to smart connected products, and now as part of PTC and
combining forces with ThingWorx, we can accelerate that trend and help
even more companies innovate, differentiate and leverage the power of
the Internet of Things.”
MassTLC’s 17th Annual
Leadership Awards program celebrates and showcases the region’s best
leaders, companies, and technologies. With over 300 nominations each
year, it continues to prove that Massachusetts is a dominant force
throughout the globe.
“The 17th annual MassTLC Leadership Awards shines a spotlight
on the vibrancy of the state’s position as both pioneer and leader in
technologies that are fueling Massachusetts’ economy and changing the
world,” said Tom Hopcroft, president and CEO of MassTLC. “PTC should be
proud of being recognized as among the elite innovators from the Bay
State’s deep talent pool.”
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About The Mass Technology Leadership Council, Inc.
With more than 550 member companies, the Mass Technology Leadership
Council (MassTLC) is the region’s leading technology association and the
premier network for tech executives, entrepreneurs, investors and policy
leaders. MassTLC’s purpose is to accelerate innovation by connecting
people from across the technology landscape, providing access to
industry-leading content and ideas and offering a platform for
visibility for member companies and their interests. More at www.masstlc.org
About PTC
PTC (Nasdaq: PTC) enables manufacturers to achieve sustained product and
service advantage. PTC's technology solutions help customers transform
the way they create, operate, and service products for a smart,
connected world. Founded in 1985, PTC employs approximately 6,000
professionals serving more than 28,000 businesses in rapidly-evolving,
globally-distributed manufacturing industries worldwide. Get more
information at www.PTC.com.
PTC, the PTC logo, Axeda, Machine Cloud and ThingWorx are trademarks
or registered trademarks of PTC Inc. or its subsidiaries in the United
States and other countries.
Copyright Business Wire 2014