PTC ThingWorx Joins Envision America to Accelerate Smart City Solution Delivery



NEEDHAM –– January 6, 2016 –– American cities have an opportunity to leverage rapid advances in IoT technology and an abundance of data that has the potential to provide cost savings, improve citizen services and enhance quality of life. PTC (Nasdaq: PTC) today announced ThingWorx, a PTC business, is supporting Envision America, a nationwide nonprofit, in its efforts to accelerate deployment of Internet of Things (IoT) solutions to drive more efficient city services and scalable city infrastructure to address energy, water and transportation challenges.

An effort to launch smart-city initiatives in communities across the United States, Envision America is the national expansion of the work done by Envision Charlotte.

“Envision America is thrilled to have a partner like ThingWorx and we look forward to having their expertise and IoT platform at the table when helping our cities roadmap and develop exciting smart city solutions.” Amy Aussieker, executive director, Envision America.

As populations and resource demands increase, cities can benefit from an integrated IoT platform strategy to leverage large scale city data to solve key demand problems such as traffic congestion, water shortages, and energy consumption. The PTC ThingWorx® IoT Platform can be used by cities to leverage real time information from sensors, people and city support systems to drive better city services for its citizens.

“ThingWorx is proud to work with Envision America to help cities efficiently build and run the applications of today’s smart, connected world,” said Russ Fadel, president, ThingWorx. “We look forward to working with cities around the U.S. so they can leverage our comprehensive ThingWorx IoT development platform to accelerate the delivery of IoT applications that break down silos, engage citizens and drive better city outcomes in areas such as energy, water, transportation and security.”

“Our cities have much to gain through thoughtful and strategic implementations of IoT capabilities,” stated Ruthbea Yesner Clarke, research director, smart cities, IDC. “The PTC ThingWorx IoT offering can provide these cities with technology to accelerate the delivery of innovative new applications to realize immediate opportunities while also putting them on the path to unlock the full potential of the Internet of Things as smart city systems become more interoperable and enable new optimizations and insights.”

Envision America will officially launch in Charlotte, North Carolina on January 12, 2016 with a workshop bringing together experts from industry and academia to diagnose needs, discover solutions and develop new smart initiatives. Leaders from 10 cities across the United States communities will participate in this first event.

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The announcement of any particular partnering arrangement is not necessarily indicative that any particular level of revenue for any particular period will be achieved.