PTC and ANSYS to Develop Platform Solution Enabling Digital Simulation for the Industrial Internet of
Things
Solution Builders to Execute Simulation Models for Industrial IoT Applications
PTC (NASDAQ: PTC) and ANSYS (NASDAQ: ANSS) today announced a solution that will enable ANSYS engineering simulation technology to be
rapidly added to applications built on the ThingWorx® Industrial Internet of Things (IoT) platform from PTC. The
development of a connector between these two technology platforms will enable customers to transform raw data into new forms of
actionable intelligence. The connector will integrate intelligent digital simulation models with products as they exist and operate
in the real world. This will open up new opportunities for companies to create value by enabling them to optimize operations and
maintenance and to integrate them into their product development processes.
Simulation helps companies understand situations that may occur – such as a product failure – as early as the design phase. When
faced with limited access to rich historical data, companies can leverage simulation models to generate an initial “as designed”
set of expected outcomes or product performance. The results of these simulations act as a rich source of data that can be used for
supervised machine learning and predictive modeling. The ongoing connection between real-world performance, simulation, and machine
learning helps companies make sense of data that can lead to predictive models and a more insightful feedback loop, enabling them
to improve product design and modeling.
The IoT is making it possible to create a digital twin that combines real-time data about a physical product with the
organization’s digital information about the product. Simulating digital twins provides advanced intelligence and insight into a
product’s behaviors. The combination of the ThingWorx platform capabilities with ANSYS simulation models will enable companies to
deploy powerful applications that can analyze current operating conditions, rapidly identify and diagnose operations issues,
predict future operating conditions, and improve product performance. PTC and ANSYS will make the capabilities of this solution
available within IoT applications developed on ThingWorx.
“Obtaining value from the data generated by connected products is one of the primary reasons companies invest in the Industrial
IoT,” said Catherine Kniker, chief revenue officer, Platform Business, PTC. “Simulation technology combined with machine learning
can help Industrial IoT solution builders identify and make sense of the data needed to improve product design and performance –
and develop next-generation products. We look forward to seeing how solution builders will create new value by introducing our
solution with ANSYS, a preferred simulation partner, into their applications.”
“Many of our customers are looking to digital twins to disrupt their industries by drastically lowering their operating and
maintenance costs and by marketing their products as optimized services in real time,” said Eric Bantegnie, ANSYS general manager.
“By leveraging the solution that ANSYS and PTC will bring to the market, our customers will bring powerful capabilities to new
Industrial IoT applications. We look forward to demonstrating the value of this solution at LiveWorx17.”
ANSYS is an elite sponsor at LiveWorx17. To see a demonstration of the simulation and machine learning joint solution, as well
as ANSYS’s broader Industrial IoT portfolio, please visit booth 345 on the Xtropolis show floor.
The timing of any product release, including any features or functionality, is subject to change at PTC’s discretion.
Additional Resources
About ANSYS, Inc.
If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a
bridge, or put on wearable technology, chances are you’ve used a product where ANSYS software played a critical role in its
creation. ANSYS is the global leader in engineering simulation. We help the world’s most innovative companies deliver radically
better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them
solve the most complex design challenges and create products limited only by imagination. Founded in 1970, ANSYS employs thousands
of professionals, many of whom are expert M.S. and Ph.D.-level engineers in finite element analysis, computational fluid dynamics,
electronics, semiconductors, embedded software and design optimization. Headquartered south of Pittsburgh, Pennsylvania,
U.S.A., ANSYS has more than 75 strategic sales locations throughout the world with a network of channel partners in 40+ countries.
Visit www.ansys.com for more information.
To join the simulation conversation, please visit: www.ansys.com/Social@ANSYS
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.com @PTC Blogs
PTC, ThingWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States
and other countries.
ANSYS and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or
trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and
feature names or trademarks are the property of their respective owners.
PTC
Jack McAvoy, 781-370-6143
Corporate Communications
jmcavoy@ptc.com
or
FleishmanHillard
Sara Steindorf, 314-982-1725
sara.steindorf@fleishman.com
or
ANSYS
Amy Pietzak, 724-820-4367
Corporate Communications
amy.pietzak@ansys.com
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