ThingWorx™, a PTC (Nasdaq: PTC) business and leading Internet of Things (IoT) platform provider, today announced the availability of ThingWorx® Platform v5.0. ThingWorx was the first software platform designed to build and run the applications of the connected world. With today’s announcement, ThingWorx extends its leadership position by announcing the ThingWorx v5.0 rapid application development platform.
Healthcare & Med Device - LiveWorx Recommended Agenda
ThingWorx Delivers Advanced Software Platform for Global, Distributed Internet of Things Deployments
1. ThingWorx Delivers Advanced Software Platform for Global,
Distributed Internet of Things Deployments
ThingWorx Rapid Application Development Platform v5.0 Increases Developer
Productivity and Offers Server Federation Capability with Options for Cloud,
On-Premise and On-Device Deployments
Exton, Pa. – June 16, 2014 – ThingWorx™, a PTC (Nasdaq: PTC) business and
leading Internet of Things (IoT) platform provider, today announced the availability of
ThingWorx® Platform v5.0. ThingWorx was the first software platform designed to build
and run the applications of the connected world. With today’s announcement,
ThingWorx extends its leadership position by announcing the ThingWorx v5.0 rapid
application development platform.
The new version of the ThingWorx Platform continues to enhance developer
productivity and adds a unique federated server deployment option that allows for cloud,
on-premise, hybrid, and on-device deployments. Organizations that use ThingWorx
technology will be able to quickly build, deploy, and scale Internet of Things (IoT)
applications to millions of devices across a globally distributed infrastructure.
The research firm IDC’s report, “Worldwide Internet of Things 2013-2020 Forecast:
Billions of Things, Trillions of Dollars,1” estimates the installed base of the IoT will reach
30 billion units worldwide by 2020, with revenue expected to reach $8.9 trillion by the
same year. In a fast moving world, companies that are developing IoT applications need
a development platform with a suite of tools and features to help them rapidly create
applications that connect people, systems and the physical world of things in order to
continually create business value.
“The Internet of Things provides a huge opportunity from two points of view: increasing
revenue and developing deeper relationships with customers. Any company today with
an IoT strategy must possess an application development platform that is quickly
deployable, easy to use, and able to scale to harness the vast opportunity in the IoT,”
said Carrie MacGillivray, program vice president, mobile services & IoT at IDC.
The ThingWorx Platform v5.0 offers the following capabilities:
Flexible deployment options. Permits massive scaling on a global scale. The
ThingWorx server federation capability allows deployment in the cloud, on
1 IDC "Worldwide Internet of Things (IoT) 2013–2020 Forecast: Billions of Things, Trillions of Dollars" Doc
#243661 Oct 2013
2. premise, hybrid or even on-device. This means companies can put applications
and analytics right at the location where they are best suited for performance,
reliability, autonomy and security.
Next-generation ThingWorx patented AlwaysOn™ Protocol. Delivers the
industry’s leading efficient and secure communications protocol including low
latency bi-directional communications that can be tuned for minimized power
consumption and bandwidth usage to significantly reduce operating costs and
total cost of ownership. In keeping with the theme of deployment anywhere,
ThingWorx has also introduced various software development kits (SDKs) that
enable developers to rapidly create edge devices in their favorite programming
environments such as Java, .NET, C, iOS and Android.
ThingWorx MatrixMultitenancy™ Security Model. A novel approach that
enables simple, secure visibility and access control to devices and information
that directly maps to today’s complex business ecosystems. Customers, dealer
networks, third party service organizations and internal users can be given the
proper permissions to accomplish tasks while protecting sensitive data from
users who should not have access.
“We are excited to launch the ThingWorx Application Platform v5.0,” said Russ Fadel,
president, ThingWorx. “ThingWorx is already recognized as the standard for IoT
developer productivity. This latest release of the platform establishes a new standard for
deployability and makes it easier for companies to optimize for performance, autonomy,
cost and privacy. ThingWorx continues to help companies unlock the power of the IoT
by enabling them to generate business value through apps that offer insight into real-time
data of a product’s performance.”
Additional Resources:
ThingWorx Platform
ThingWorx Partner Ecosystem
PTC Acquires ThingWorx – perspectives
About ThingWorx, a PTC Business
ThingWorx™, a PTC (Nasdaq: PTC) business, provides the first platform designed to
efficiently build and run the applications of today’s connected world. ThingWorx’s
model-based design and search-based intelligence simplifies application development
efforts by minimizing cost, and risk while accelerating time to value. The ThingWorx®
platform combines the key functionality of Web 2.0, search, and social collaboration,
and applies it to the world of “things”, including connected products, machines, sensors,
systems, and industrial equipment. Businesses use the ThingWorx platform to rapidly
deliver innovative applications and connected solutions across markets ranging from
manufacturing, energy, and food, to Machine-to-Machine (M2M) remote monitoring and
service, as well as in emerging Internet of Things applications, including smart cities,
smart grid, agriculture, and transportation. For more information, please visit our
website at www.thingworx.com and our blog at www.thingworx.com/blog or follow us on
Twitter at @ThingWorx.
3. PTC, ThingWorx, and the ThingWorx logo and are trademarks or registered trademarks of PTC
Inc. or its subsidiaries in the United States and other countries.
Media Contacts:
PTC For PTC
Beth Ambaruch Weber Shandwick
Corporate Communications Anand Savani
952.435.5058 617.520.7290
bambaruch@ptc.com asavani@webershandwick.com
# # #