May 24, 2018   SOURCE: BusinessWire

PTC Named a Visionary in Gartner Magic Quadrant for Industrial IoT Platforms

PTC (NASDAQ: PTC) today announced that it has been positioned in the Visionaries quadrant by independent industry analyst firm Gartner, Inc. in its first Magic Quadrant for Industrial IoT Platforms. PTC was placed highest for ability to execute and furthest to the right for completeness of vision overall.

Gartner “defines the market for Industrial Internet of Things (IIoT) platforms as a set of integrated software capabilities. These capabilities span efforts to improve asset management decision making, as well as operational visibility and control for plants, depots, infrastructure and equipment within asset-intensive industries. These efforts also occur within related operating environments of those industries.”

“Earning the Visionary position in the first Magic Quadrant for Industrial IoT Platforms, to us, reaffirms PTC’s leadership in the market and identifies us as the primary industrial platform provider to be working with,” said Jim Heppelmann, president and CEO, PTC. “We feel that this Magic Quadrant validates our transformative technology and our leading vision for the direction of the Industrial IoT market.”

For additional information on PTC’s position in the Industrial IoT platforms market, please access a complimentary copy of the full Magic Quadrant report here: https://www.ptc.com/en/resources/iot/white-paper/gartner-mq-for-iiot.

Source
Gartner Magic Quadrant for Industrial IoT Platforms, Eric Goodness, Ted Friedman, Peter Havart-Simkin, Emil Berthelsen, Alfonso Velosa, Saniye Burcu Alaybeyi, Benoit J. Lheureux, 10 May 2018

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