Over 200 Global Universities and Colleges Now Offer the PTC Internet of Things Academic Program



Needham, MA, USA, May 13, 2015 — PTC (Nasdaq: PTC) today announced it has launched the PTC IoT Academic Program to address the growing concern of an IOT talent shortage by providing students with an investigative learning experience and hands on exposure to the ThingWorx® IoT application development platform.

A recent study published by the World Bank estimates that over the next 10 years there will be two million unfilled Information and Communication Technology-related jobs globally. In addition, over 95% of companies say they will be using the IoT in some form within the next three years. This requires educational institutions to better prepare students for employment by these companies.

PTC IoT Academic ProgramThe PTC IoT Academic Program consists of the ThingWorx application development platform in a PTC-hosted environment where students and educators can build their own IoT apps. Users gain access to step-by-step educational content and ThingWorx training from PTC University with curricula that will help them quickly learn the platform as well as a community web presence to share knowledge and support. The PTC IoT Academic Program provides exposure to the Internet of Things and to an application development platform that students may not get in the regular classroom. The program also helps prepare students to meet the needs of employers interested in building smart, connected products and systems.

"The manufacturing movement around IoT platforms and devices has the potential to revolutionize the way products are built and maintained throughout the world,” said Dr. Nathan Hartman, Director of the Purdue University Product Lifecycle Management Center of Excellence. “Connected devices driven by model-based product representations can efficiently and proactively leverage the supply chain capacity in specific industrial sectors. Teaching the principles and the technology surrounding IoT tools and platforms will help prepare the next generation technical workforce for that environment, with the potential to make U.S. manufacturing more competitive."

"IoT is one of the most revolutionary and exciting technology trends of this lifetime," said John Stuart, senior vice president global education, PTC. "Companies and educators alike are trying to understand how the IoT can be taught and implemented, and we're working closely with our corporate customers, market partners and educators to ensure students from all disciplines are better prepared to meet the needs of today's IoT world."

Educators, researchers and students can go to https://www.thingworx.com/ecosystem/academic-program/ and the Academic Program tab to register for the program.

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