What Is The Internet Of Things?
The Internet of Things in simple terms is connecting devices, factories and systems over the internet to gather big data, analyse that data and then either make a response or decision on that data. McKinsey predicts the economic impact of IoT will reach $11.1 trillion a year by 2025. ThingWorx industrial innovation platform helps organisations transform the way they work and compete in a smart, connected world, through rapidly delivering IoT applications, AR experiences and further innovations.
PTC ThingWorx IoT Platform
ThingWorx is the industry-leading industrial innovation platform that is designed to rapidly deliver IoT applications and Augmented Reality (AR) experiences that unlock the value of the converged digital and physical worlds. PTC’s ThingWorx platform harnesses IoT technology to connected devices, systems and factories, utilising IoT and Augmented Reality technology.
PTC's ThingWorx Iot Platform
Industrial Innovation Improvements
Innovate Product & Service Offerings
Increase the pace of innovation for products and related services, out performing your competitors
Drive New Revenue Streams
Unlock new business models and opportunities
Optimise Business Process
Combine real-time data with existing enterprise systems to increase efficiency
Improve Customer Experience
Leverage connected and enterprise system data to improve service, support and usability
How Does ThingWorx Compare?
PTC have heavily invested into the Internet of Things and Augmented Reality, investing $1Billion in company acquisition and software development to have an industry leading IoT and AR platform. This platform is called ThingWorx. PTC’s advantage over other vendors are that they have the whole engineering software suite that can integrate within ThingWorx.
PTC has been ranked by leading experts as an industry leader within the IoT space. As seen to the right, Forrester Wave have ranked PTC as an industry leader and with a powerful strategy.
Source: Forrester Wave Report, 2017
Implement ThingWorx In These Three Applications
Why Build an IoT Platform ?
Usability Key Benefits
Intuitive User Interface
ThingWorx has been developed by PTC to create an effortless IoT Applications development process
User Friendly Application
Simple Mashup interface with a drag and drop UI
No Need For Customisation (Coding)
Out the box functionality only requires configuration through a mashup builder
IoT & AR Integration
PTC’s ThingWorx has been developed for integration within PTC’s product suite. PTC ThingWorx Studio is PTC’s augmented reality platform. This allows users to create Augmented Reality experiences.
To the left is an example displaying KPI’s of devices and machinery.
Example Of How Easy It Is To Integrate IoT & AR