NEEDHAM, Mass. – January 4, 2017 – PTC (NASDAQ: PTC) today announced it has been named “Industrial Internet of Things Company of the Year” by IoT Breakthrough, an independent organization dedicated to helping the best Internet of Things (IoT) products and companies stand out in the industry. PTC also received the IoT Breakthrough award for “Industrial IoT Solution of the Year” for its Kepware® KEPServerEX® industrial connectivity software.

“PTC is dedicated to providing the IoT platform of choice for companies building solutions for the industrial space, from custom applications that monitor a group of existing assets to remote service offerings that lower the cost of traditional maintenance,” said Kevin O’Brien, vice president of IoT partner sales, PTC. “These awards are yet another validation of our efforts, and we remain committed to helping companies achieve new business value through IoT solutions.”

The “Industrial Internet of Things Company of the Year” award comes at the end of a breakthrough year for PTC in the IoT space. In 2016, PTC succeeded in adding a substantial number of new customers and partners to its IoT ecosystem, improved integration of industrial connectivity and machine learning technology into the ThingWorx® platform, launched a new augmented reality (AR) user experience capability, and improved the overall functionality of its ThingWorx IoT platform while earning recognition from numerous external industry sources.

The “Industrial IoT Solution of the Year” award also recognizes PTC’s Kepware KEPServerEX industrial connectivity software. KEPServerEX is one of the leading solutions for connecting, managing, monitoring, and controlling diverse automation devices and software applications that enable the industrial IoT.

With over 2,000 nominations this year, the IoT Breakthrough Awards is an international program dedicated to recognizing the best IoT products and companies in the industry. IoT Breakthrough Award nominations were judged by an independent panel of experts representing a cross section of the industry, including journalists, analysts, and technology executives. Winning products and companies were selected based on a variety of criteria, including most creative and technologically advanced products and services, with the ultimate goal of recognizing “breakthrough” connected technologies and companies.

“We are excited to recognize companies such as PTC that are playing such a substantial role in advancing the IoT industry,” said James Johnson, managing director, IoT Breakthrough. “The Industrial Internet of Things Company of the Year award category featured nominations from the top IoT vendors in the industry, and we acknowledge and congratulate PTC for breaking through to achieve this recognition and continue its leadership position.”

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PTC has the most robust Internet of Things technology in the world. In 1986 we revolutionized digital 3D design, and in 1998 were first to market with Internet-based PLM. Now our leading IoT and AR platform and field-proven solutions bring together the physical and digital worlds to reinvent the way you create, operate, and service products. With PTC, global manufacturers and an ecosystem of partners and developers can capitalize on the promise of the IoT today and drive the future of innovation.           @PTC           Blogs

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