PTC Announces ThingWorx 8.5 to Help Customers Drive Digital Transformation to New Levels

New Capabilities Enable Businesses to Leverage the Power of
Industrial IoT

BOSTON–(BUSINESS WIRE)–#DigitalTransformation—PTC
(NASDAQ) today announced the upcoming release of its ThingWorx^®
Industrial IoT (IIoT) platform from the show floor of the LiveWorx^®digital transformation event. ThingWorx 8.5 combines new
capabilities with world-class, domain-specific solutions to better serve
the digital transformation needs of industrial enterprises worldwide.

Among the new and enhanced capabilities are tools that simplify the
composition and deployment of solutions. Customers will be able to
configure applications faster and deploy them across multiple sites and
geographies. For those who want more ready-made solutions, ThingWorx
also offers pre-built, pre-configured capabilities for engineering,
manufacturing, and service. This latest version of ThingWorx brings
enhanced integration with Microsoft Azure IoT and includes additional
tools for rolling out solutions at an enterprise scale.

Functional Solutions Taken to New Levels
Engineering
PTC’s
long history in supporting the digital needs of designers and engineers
is evidenced by the numerous enhancements in ThingWorx 8.5. The new ThingWorx
Navigate™ Digital Change Management Application, the first in what
will be a series, enables internal and external users to actively
participate in the critical function of change management. The new
series of ThingWorx Navigate Contribute Apps will expand on PTC’s
popular NavigateView™ suite, which makes valuable information easily
available and facilitates collaboration across the enterprise. Powered
by the digital thread, engineers will now have real-time access to
connected product data in ThingWorx to drive the design of
next-generation products.

Manufacturing
With domain contribution from Rockwell
Automation, PTC offers a broad range of solutions to address
manufacturers’ top challenges. During LiveWorx this week, PTC and
Rockwell Automation are showcasing how their solutions – consisting of
advanced technologies such as IIoT, augmented reality, analytics, and
MES – can significantly improve enterprise operational
intelligence, digital workforce productivity, intelligent asset
optimization, and scalable production management. ThingWorx 8.5 is
now compatible with Rockwell Automation’s FactoryTalk Analytics.
Additionally, PTC will be releasing ThingWorx Kepware Edge^®
to provide flexible deployment of reliable and secure connectivity for
dispersed equipment.

Service
Maximizing service revenue and delivery margins is a
critical mission for product manufacturers, and for many, IIoT is the
answer. PTC’s service solution suite enables service organizations to
transform from cost centers to profit centers and drive product and
service innovation through new IIoT-enabled business models. The service
optimization solution allows companies to improve margins by minimizing
truck rolls and increasing first-time-fix rates, all while resulting in
greater customer satisfaction. With ThingWorx 8.5, digital service
delivery is enhanced through a deepened integration with Microsoft
Azure, enabling manufacturers to now use the ThingWorx Software Content
Management App with the Azure IoT Hub and Azure IoT Edge.

“We continue to evolve ThingWorx and our IoT solutions to further the
success of our customers and their digital transformation goals,” said
Kathleen Mitford, executive vice president, products, PTC. “We are
committed to exceeding the expectations of the marketplace through
continued innovation, customer centricity, and our strategic alliances
with Microsoft and Rockwell Automation.”

ThingWorx Accolades
ThingWorx has received industry
recognition from press and industry analysts around the world,
including 451
Research, ABI
Research, Berg
Insight, Compass
Intelligence, Experton
Group, Forrester,
Gartner,
IDC,
IoT Analytics, IoT
ONE, PAC,
and Quadrant
Knowledge Solutions. It has also been heralded as the leading
platform from Constellation Research and was awarded IoT
Evolution Product of the Year. Most recently, PTC was named a
finalist in three of the 2019 Microsoft
Partner of the Year Awards, including the Manufacturing and Resources
Partner of the Year (winner), Mixed Reality Partner of the Year (winner)
and Internet of Things (IoT) Partner of the Year (finalist) awards.

See it at LiveWorx19
The full set of ThingWorx capabilities
and pre-built solutions will be featured this week at LiveWorx19.
Attendees can experience first-hand the latest features that enable
industrial innovation on the Xtropolis™ show floor.

About ThingWorx
Purpose-built for industrial environments,
ThingWorx is a complete, end-to-end solution platform that delivers the
functionality, flexibility, and agility needed to develop, deploy, and
extend IoT applications and augmented reality (AR) experiences. The
award-winning platform contains a broad set of features, including
multiple connectivity options, solution development tools, analytics,
and AR. With ThingWorx, industrial businesses can leverage pre-built
solutions or create scalable and secure solutions of their own that
provide high levels of return on investment.

ThingWorx 8.5 is expected to be commercially available in late summer
2019.

Additional Resources

• ThingWorx
  Industrial IoT Platform
• PTC
  Kepware
• PTC
  Services
• Rockwell
  Automation’s FactoryTalk InnovationSuite

About PTC (NASDAQ: PTC)
PTC unleashes industrial innovation
with award-winning, market-proven solutions that enable companies to
differentiate their products and services, improve operational
excellence, and increase workforce productivity. With PTC, and its
partner ecosystem, manufacturers can capitalize on the promise of
today’s new technology to drive digital transformation.

PTC.com
@PTC
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PTC, ThingWorx, Kepware, Navigate, NavigateView, LiveWorx, Xtropolis
and the PTC logo are trademarks or registered trademarks of PTC Inc.
and/or its subsidiaries in the United States and other countries.

Contacts

Jack McAvoy
Corporate Communications
PTC
jmcavoy@ptc.com