New Study Ranks ThingWorx as Leading Industrial IoT Platform

Written By: Cam Dufty
  • 9/20/2018
IoT Quadrant

Coming hot on the tails of the inaugural Gartner Magic Quadrant for Industrial IoT Platforms, Quadrant Knowledge Solutions— a global advisory and consulting firm focused on helping clients achieve business transformation goals with strategic business and growth advisory services—has chosen the ThingWorx Industrial Innovation Platform as the 2018 leader in the global IoT platform market. In Quadrant Knowledge Solutions’ quadrant of technology excellence and customer impact, PTC’s ThingWorx ranked highest amongst all leading IoT platforms.


IoT Quadrant 


This ranking is published in Quadrant Knowledge Solutions’ recent “Market Outlook: Internet of Things (IoT) Platform, 2018-2023, Worldwide” study. Based on expert interviews, use cases and internal analysis by Quadrant’s experts, the study compares major IoT platforms, with a focus on:


  • Platform Capabilities: Parameters include sophistication of technology, application diversity, scalability and competitive differentiation.
  • Customer Impact: Parameters include addressing unmet needs, product performance, proven records, ease of deployment and customer service excellence
  • Market Dynamics and Presence: Parameters include ecosystem strategy, competitive analysis, industry impact, vendor ecosystem and growth opportunities.
  • Overall Value: Parameters include proven record analysis and overall ROI for users.


The ThingWorx platform was ranked highest based on its integrated IoT-specific development tools, which enable users to build innovative IoT solutions across a wide-range of industry applications. ThingWorx includes rapid application development functionality, connectivity, advanced analytics, machine learning and augmented reality. These capabilities enable businesses to securely connect assets and create innovative IoT solutions that are true competitive differentiators.


The ranking from Quadrant Knowledge Solutions continues a long string of industry recognition from press and industry analysts around the world, including 451 Research, Compass Intelligence, Experton Group, Forrester Research, Gartner, IDC, and IoT Analytics.


To learn more, read the “Knowledge Brief” published by Quadrant Knowledge Solutions, which outlines why they chose ThingWorx and what their analysts expect from IoT platforms in the future.

  • CAD
  • Industrial Internet of Things
  • Digital Transformation

About the Author

Cam Dufty

Cam Dufty has been writing about software and emerging technology for more than ten years. At PTC, she works closely with IoT, AR and CAD experts to help tell the story of how smart, connected operations are revolutionizing manufacturing around the world.