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ThingWorx Ranked Best-in-Class in PAC INNOVATION RADAR Europe 2017
NEEDHAM, Mass. – October 17, 2017 –– PTC (NASDAQ: PTC) has been named Best-in-Class for IoT Platforms for Rapid Deployment by the CXP Group (BARC, le CXP, PAC). The PAC INNOVATION RADAR “IoT Platforms in Europe 2017” is the first study to evaluate IoT platforms in four different segments for specific applications. [Companies are evaluated based on several criteria that can be classified into two main categories, Competence and Relative Market Strength.] The evaluation provides a neutral, comprehensive, and detailed presentation of the perceived strengths and weaknesses of 30 providers in direct comparison with competitors. Across all four segments, only six companies were ranked as Best-in-Class: PTC, Bosch Software Innovations, GE Digital, IBM, Microsoft, and SAP.