PTC Named 2019 Technology Partner of the Year for Edge and IoT Solutions by Hewlett Packard Enterprise

PTC Recognized for Success in Meeting Critical Customer Needs

BOSTON–(BUSINESS WIRE)–#DigitalTransformation—PTC
(NASDAQ: PTC) today announced that Hewlett Packard Enterprise (HPE) has
named PTC its “2019 Technology Partner of the Year for Edge and IoT
Solutions.” PTC was recognized for its innovative solutions and delivery
of meaningful business results for PTC-HPE joint customers. In 2018, PTC
won “Momentum Partner of the Year for Intelligent Edge Solutions,” and
this year’s recognition represents PTC’s ability to build on that
achievement.

The HPE Partner of the Year Awards recognize organizations across HPE’s
partner ecosystem that have demonstrated outstanding performance,
raising the standard for business excellence and customer satisfaction.
Since 2016, through the HPE Technology Partner Program, PTC and HPE have
helped companies develop initial proofs of concepts that have led to
expanded factory roll outs of standard edge and bespoke hybrid
architectures, enabling improved efficiencies in performance, cost, and
productivity.

“We are proud to be recognized for our success in meeting customer
challenges with jointly delivered innovative solutions,” said Catherine
Kniker, divisional vice president of strategic alliances, PTC. “We are
excited to build on our efforts with HPE to help customers unlock value
from the convergence of the physical and digital worlds.”

PTC and HPE’s initial alliance, which converged operational (OT) and
information technologies (IT) through PTC’s ThingWorx^®
industrial IoT innovation platform and HPE’s Edgeline and Pointnext
solutions, has continued to evolve, most recently with the addition of
PTC’s Kepware^®
industrial connectivity software and Vuforia^®
augmented reality products to the companies’ joint offerings.
Enterprises that leverage the full joint-offering suite may achieve:
accelerated deployment through validated solutions that address IT and
OT components in a secure fashion; shortened time-to-insight ratio where
data is generated, thereby reducing cost and risk; and condensed market
readiness timelines through rapid innovation and accelerated expansion.

“It’s an honor to award partners who have excelled in their
collaboration with HPE, growing mutual business opportunities with
collaborative solutions for our joint customers,” said Paul Hunter,
senior vice president of worldwide partner sales, HPE. “HPE is committed
to innovating new solutions and enabling mutual growth together with our
partners.”

Additional Resources

• HPE
  & PTC: Industrial IoT at the Edge
• eBook: HPE
  and PTC: Driving Digital Transformation at the Edge
• Infographic: 5
  Reasons Manufacturers Should Deploy IoT at the Edge
• Blog: ThingWorx
  and HPE Edgeline Accelerate Your IoT
• The
  State of the Industrial Internet of Things
• Harvard Business Review: “Why
  Every Organization Needs an AR Strategy,” authored by PTC CEO Jim
  Heppelmann and Harvard Professor Michael Porter

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, Vuforia, and the PTC logo are trademarks or
registered trademarks of PTC Inc. and/or its subsidiaries in the United
States and other countries.

Contacts

PTC
Corporate Communications
Jack McAvoy
jmcavoy@ptc.com