Collaboration Will Support End-to-End Product Lifecycle Management and the Development and Deployment of Customer-Specific IoT Solutions NEEDHAM, Mass. – May 9, 2017 –– PTC (NASDAQ: PTC) and EY have formed a strategic alliance to facilitate industry innovation and promote adoption of Internet of Things (IoT) business models using the ThingWorx® industrial IoT platform from PTC. With this alliance, PTC and EY will co-create IoT solutions, based on the ThingWorx platform, to enable manufacturers to improve end-to-end product lifecycle management (PLM), including such functions as requirements management, product design, production, operations, and service. These solutions are expected to be offered to a wide range of industries.

1. PTC and EY Align to Facilitate Industry Innovation and Adoption of
Internet of Things Business Models
Collaboration Will Support End-to-End Product Lifecycle Management and the Development
and Deployment of Customer-Specific IoT Solutions
NEEDHAM, Mass. – May 9, 2017 –– PTC (NASDAQ: PTC) and EY have formed a strategic alliance
to facilitate industry innovation and promote adoption of Internet of Things (IoT) business models
using the ThingWorx®
industrial IoT platform from PTC. With this alliance, PTC and EY will co-create
IoT solutions, based on the ThingWorx platform, to enable manufacturers to improve end-to-end
product lifecycle management (PLM), including such functions as requirements management,
product design, production, operations, and service. These solutions are expected to be offered to
a wide range of industries.
PTC and EY are long-time collaborators, having successfully completed a variety of IoT and PLM
solution projects. As part of PTC’s global ecosystem, EY will have access to PTC platforms and
solutions, which will serve to support its extensive experience in supply chain and operations, IoT
and Industrie 4.0, product lifecycle management, data analysis, cybersecurity, and business
transformation.
“Most companies lose contact with their products once they have left the factory floor,” said Dr.
Christoph Kilger, EY advisory partner. “However, one must think in terms of a holistic process where
operational data is collected to improvethe product and maximize customer value. PTC’s IoT
solutions enable end-to-end lifecycle management in an easy and user-friendly way. EY will
contribute its knowledge and skills to help companies create smart manufacturing systems that
enable them to adopt new business models and optimize current systems and processes.”
“Expanding our global ecosystem to include renowned advisors like EY is one of the most effective
ways PTC can bring its technology to a broad range of new customers and industries,” said
Catherine Kniker, chief revenue officer, platform group, PTC. “With its bandwidth and vast services
portfolio, EY is an important collaborator as we continue to focus on developing and marketing
innovative IoT solutions.”
Additional Resources
 ThingWorx Industrial IoT Platform
 Harvard Business Review: "How Smart, Connected Products are Transforming Companies,"
authors PTC CEO Jim Heppelmann and Harvard Professor Michael Porter
About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality
services we deliver help build trust and confidence in the capital markets and in economies the
world over. We develop outstanding leaders who team to deliver on our promises to all of our

2. stakeholders. In so doing, we play a critical role in building a better working world for our people,
for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst &
Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK
company limited by guarantee, does not provide services to clients. For more information about
our organization, please visit ey.com.
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.com @PTC Blogs
The timing of any product release, including any features or functionality, is subject to change at
PTC’s discretion.
PTC, ThingWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its
subsidiaries in the United States and other countries.
Media contacts
PTC FleishmanHillard
Corporate Communications Sara Steindorf
Jack McAvoy 314-982-1725
781-370-6143 sara.steindorf@fleishman.com
jmcavoy@ptc.com