PTC Named a Visionary in Gartner Magic Quadrant for Industrial IoT Platforms
PTC Positioned for its Ability to Execute and Completeness of Vision
PTC (NASDAQ: PTC) today announced that it has been positioned in the Visionaries quadrant by independent
industry analyst firm Gartner, Inc. in its first Magic Quadrant for Industrial IoT Platforms. PTC was placed highest for ability to
execute and furthest to the right for completeness of vision overall.
Gartner “defines the market for Industrial Internet of Things (IIoT) platforms as a set of integrated software capabilities.
These capabilities span efforts to improve asset management decision making, as well as operational visibility and control for
plants, depots, infrastructure and equipment within asset-intensive industries. These efforts also occur within related operating
environments of those industries.”
“Earning the Visionary position in the first Magic Quadrant for Industrial IoT Platforms, to us, reaffirms PTC’s leadership in
the market and identifies us as the primary industrial platform provider to be working with,” said Jim Heppelmann, president and
CEO, PTC. “We feel that this Magic Quadrant validates our transformative technology and our leading vision for the direction of the
Industrial IoT market.”
For additional information on PTC’s position in the Industrial IoT platforms market, please access a complimentary copy of the
full Magic Quadrant report here: https://www.ptc.com/en/resources/iot/white-paper/gartner-mq-for-iiot.
Source
Gartner Magic Quadrant for Industrial IoT Platforms, Eric Goodness, Ted Friedman, Peter Havart-Simkin, Emil Berthelsen, Alfonso
Velosa, Saniye Burcu Alaybeyi, Benoit J. Lheureux, 10 May 2018
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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.
Additional Resources
About PTC (NASDAQ: PTC)
PTC helps companies around the world reinvent the way they design, manufacture, operate, and service things in and for a smart,
connected world. In 1986 we revolutionized digital 3D design, and in 1998 were first to market with Internet-based product
lifecycle management. Today, our leading industrial innovation platform and field-proven solutions enable you to unlock value at
the convergence of the physical and digital worlds. With PTC, manufacturers and an ecosystem of partners and developers can
capitalize on the promise of the Internet of Things and augmented reality technology today and drive the future of innovation.
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PTC
Jack McAvoy, 781-370-6143
Corporate Communications
jmcavoy@ptc.com
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