Industrial IoT Solution Demo Will Be Featured in Testbed Area; PTC Executive to Speak on Dynamic Digital Supply Network Panel
NEEDHAM, Mass. — (BUSINESS WIRE) — September 14, 2017 — PTC (NASDAQ: PTC) today announced it will demonstrate how IoT is enabling new business models and creating value across the industry at IoT Solutions World Congress (IOTSWC) on Oct. 3-5 in Barcelona. PTC will be located in booth C300 / TB2.
At IOTSWC, PTC will showcase its ThingWorx® Industrial IoT Platform, which provides a broad and robust set of integrated IoT-specific development tools for developing innovative IoT solutions for a variety of industry applications. ThingWorx includes rapid application development functionality, connectivity, advanced analytics, machine learning, and augmented reality, and integrates with leading device clouds. These capabilities enable businesses to securely connect assets and create innovative applications and services, supporting digital transformation initiatives across industries.
Demonstrations using Bosch Rexroth’s innovative CytroPac, a hydraulic system used to power industrial machines, will take attendees through the stages of product development, from the engineering phase through marketing and sales. In these demos, experts will show how ThingWorx solutions can be used for smart, connected product design, rapid IoT application development, smart connected operations, and augmented reality (AR) application development. With Microsoft HoloLens, attendees will be able to view the CytroPac as both a physical and digital product.
PTC will also be featured in the dedicated Testbed Area, which includes only 11 Testbeds selected by a jury as the most impactful solutions designed to show real Industrial IoT in action, in a visual, dynamic and tangible way. The PTC testbed area will showcase the Flowserve pump demo, a predictive maintenance solution that combines software from PTC and ThingWorx partners, HPE and National Instruments. Leveraging IoT analytics and machine learning, the Flowserve pump demo shows how manufacturers can predict when an asset is going to fail and can take preventative measures to avoid downtime.
Howard Heppelmann, divisional vice president and general manager of Connected Operations Solutions at PTC, will participate in the Dynamic Digital Supply Network panel discussion on Wednesday, Oct. 4, at 11:30 a.m. along with executives from Caterpillar and ABB. The panelists will discuss how advances in computing memory, processing, and disruptive technologies create the foundation for analytics and a conversion between the physical and digital worlds.
Attendees will also be able to experience the power of ThingWorx by visiting a number of ThingWorx partners throughout the IOTSWC show floor. Each ThingWorx partner will be demonstrating its unique ThingWorx-based solutions, apps, integrations, and consulting expertise.
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, ThingWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.
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