PTC Named the Outright Leader by Quadrant Knowledge Solutions SPARK IIoT Matrix 2023


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  • PTC earned the highest scores in both assessment categories: Technology Excellence & Customer Impact
  • PTC has been named a Leader in Quadrant’s IIoT-focused report for five consecutive years
  • 19 IIoT vendors were assessed in the 2023 report which named PTC the outright Leader


We are thrilled to announce that PTC has once again claimed the Leader title in Quadrant Knowledge Solutions' 2023 Industrial IoT (IIoT) Platforms SPARK Matrix assessment. This achievement marks PTC's fifth consecutive year as a leading vendor in this competitive report.

PTC ThingWorx and PTC Kepware have gained recognition by achieving the highest Technology Excellence and Customer Impact scores among the 19 IIoT vendors assessed.



PTC’s consistent market growth, expanding installation base, and strategic vision demonstrate the company’s commitment to IIoT product innovation and customer excellence.

“We are honored to have been recognized as a leader in the IIoT space for five consecutive years, achieving the highest scores among all vendors in both customer impact and technology excellence," said Howard Heppelmann, PTC's Divisional Vice President of IIoT. "Our focus on out-of-the-box applications and a flexible IIoT solution platform has enabled our customers to accelerate their time to value at scale. Our continued investment in an integrated suite of IIoT-enabled applications will further empower our customers with a model-based, closed loop digital thread across the product lifecycle, unlocking transformational business impact. “

Ignatius Daniel, authoring analyst of Quadrant Knowledge Solutions’ report, notes that “PTC’s unique technology portfolio works cohesively to create a model-based closed loop digital thread that spans the entire product lifecycle, leading to improved data continuity and enhanced collaboration across enterprises. The key differentiator of PTC is its digital thread strategy that leverages IoT across the value chain and the suite of high impact, fast time to value, OOTB ThingWorx applications.”

About PTC ThingWorx:

The ThingWorx Industrial IoT Platform provides end-to-end capabilities to connect devices, build IIoT solutions and applications, extract actionable insights from data, manage the IIoT ecosystem, and create compelling end-user experiences. ThingWorx empowers organizations to digitally transform all aspects of their business by integrating real-time IIoT data and insights that enhance decision-making, improve operational efficiencies, predict outcomes, and reduce costs. Solutions that are simple to create, easy to implement, and accelerate time-to-value are core to PTC’s offering.

About Quadrant Knowledge Solutions:

Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, please visit



PTC leads in IIoT technology excellence

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Tags: Industrial Internet of Things Thingworx Kepware Digital Transformation Increase Manufacturing Productivity Corporate News

About the Author

Coray Thibaut de Maisieres

Coray Thibaut de Maisieres leads the Analyst Relations team within PTC’s Corporate Communications organization . Please contact her for additional information about this report.