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.
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PTC Axeda® Technology Named 2014 Innovative Technology of the Year for Internet of Things
1. PTC Axeda® Technology Named 2014 Innovative Technology of the
Year for Internet of Things
Axeda Machine Cloud Technology Selected by Mass Technology Leadership Council at
17th Annual Technology Leadership Awards
NEEDHAM, Mass., September 16, 2014 – 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.”
Additional Resources
Axeda Acquisition – Resource Page
Axeda Machine Cloud – Product Page
PTC Smart, Connected Products – Resource Page
2. PTC Internet of Things – Resource Page
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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.
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Contact Information
PTC For PTC
Corporate Communications WeberShandwick
Beth Ambaruch Anand Savani
952.435.5058 617.520.7042
bambaruch@ptc.com asavani@webershandwick.com