PTC Announces ThingWorx Converge, New IoT Offering



Needham, MA, USA May 5, 2015 – LiveWorx 2015. It's On! – PTC (Nasdaq: PTC) announced today the ThingWorx Converge™ IoT offering that leverages the ThingWorx® platform for connectivity, device management and rapid application development. ThingWorx Converge extends the ThingWorx platform with pre-built capabilities for companies who create, operate and service manufactured products as well as application developers and system integrators who deliver solutions for these companies.

Many enterprise business applications require access to the data from smart, connected things. PTC ThingWorx Converge will provide companies with an IoT hub to offer a more efficient and secure way to access, collect, organize and expose the data, events and services of those things. This ability to make the value of smart, connected products broadly available throughout the enterprise allows companies to more extensively realize the benefit of their investment in IoT initiatives.

"Companies need a consistent framework for application developers, system integrators and technology providers to develop modular and sustainable IoT applications for smart products," said Howard Heppelmann, general manager, connected product management, PTC. "The ThingWorx Converge offering leverages a common data model and connects all the people who need access to the IoT hub for a more efficient process."

ThingWorx Converge features:

  • Centralized Hub for Real Time Product Data: Gives organizations the opportunity to IoT-enable existing enterprise systems and business processes to deliver new value throughout the manufacturing value chain.
  • Best Practices-Based Data Model: Out-of-the-box data model for manufactured things, with standard integrations and ready to deploy management utilities developed from thousands of industry engagements and built on the ThingWorx platform.
  • Enhanced Out-of-the-Box Capabilities: Improve the customer experience by enhancing customer service, customer support and product usability with easy to use OOTB capabilities to remotely monitor, manage, access and control products and assets.

"Successfully transforming the Carestream business to realize the full potential of IoT requires integrating real-time product data with enterprise IT systems and business processes from concept to the customer," said David Sherburne, director smart link and engineering, IT, Carestream Health Inc. "Applications like ThingWorx Converge should help companies pull the internal pieces together and enable innovation around data and drive more business value to customers."

PTC ThingWorx Converge is expected to be available in June 2015. The timing of the release, and the features or functionality thereof, is subject to change at PTC's discretion.

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PTC, the PTC logo, ThingWorx, Axeda and Converge are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.