MELBOURNE, Australia –August 23, 2017 –– PTC (NASDAQ: PTC) today announced that RMIT University, a leading member of the Australian Technology Network of Universities (ATN), has selected the ThingWorx® IoT Platform, Windchill® software, and ThingWorx Studio technology from PTC to establish itself as an educational leader in the teaching and application of Industrie 4.0 skills in Australia. Also as part of its digitalization initiative, RMIT is expanding its relationship with LEAP Australia Pty Ltd, a PTC value-added partner.
The ATN is recognized as a global leader of a new generation of universities focused on industry collaboration, real-world research with real-world impact, and producing work-ready graduates with industry relevant skills.
As a key member of the ATN, RMIT University has identified a recent surge in demand for graduates with skills in Industrie 4.0, including the Industrial Internet of Things (IoT) and augmented reality (AR) for the enterprise. Combined with simulation technology from ANSYS, RMIT University is implementing the use of PTC technology across their engineering learning and teaching (L&T) framework. In addition, industrially-driven research programs are using PTC and ANSYS technology to combine real-time operational data from smart-connected products with robust digital prototypes to facilitate the creation of the ‘digital twin’ for individual assets.
“We foresee the insights from Industrial IoT data, combined with AR for in-context display, to be critical to the business transformations that will arise from Industrie 4.0 and have partnered with LEAP Australia, PTC, and ANSYS to help infuse this technology into our courses in the most effective way,” said Pier Marzocca, professor and associate dean, School of Engineering (Aerospace). “Our goal is to comprehensively expose all engineering students to state-of-the-art virtual prototyping and Industrie 4.0 tools, and ensure that they acquire new employability skills and competencies that are increasingly in-demand in our extensive network of industry partners.”
In addition to deploying these technologies in a L&T context, RMIT is leveraging these new capabilities from PTC to expand its collaboration with local industry partners, especially companies without sufficient resources to comprehensively harness the transformative nature of Industrie 4.0 for their business. The university sees the potential for companies to use the real-time, real-world insights from Industrial IoT data to anticipate and address performance and maintenance issues more efficiently, and in many cases before they even occur in the field. Furthermore, it can help companies realize the business value of using Industrial IoT data in combination with AR to provide their workforce with asset-specific digital information, in context, and to the right person at the right time.
“We see that the ThingWorx platform, with Industrial IoT, PLM, and AR capabilities, in combination with the ANSYS simulation platform already in use, will enable RMIT students and researchers to easily deploy comprehensive digital prototypes to analyze current operating conditions, rapidly identify and diagnose operations issues, predict future operating and maintenance requirements, and improve overall product performance,” said Greg Horner, managing director, LEAP Australia. “In an ever-changing industrial landscape, knowledge in Industrial IoT and AR and the potential of digital twin modeling is becoming an important differentiator for graduates in a competitive job market. A boost in the number of graduates with these Industrie 4.0 skills will also help to quickly improve the competitiveness of businesses in Australia and New Zealand.”
Manufactured products are evolving into smart, connected devices, each embedded across broader systems and creating unprecedented amounts of data, which dramatically changes the opportunities for value creation in the economy. This transformation is radically reshaping the way companies design products and interact with customers, affecting many working roles within a manufacturing firm, and in turn, changing the educational needs of the next generation of engineers and designers.
“In discussions with RMIT, we agree that product development will shift from largely mechanical engineering to a truly interdisciplinary, systems engineering approach,” said Michael Campbell, executive vice president, ThingWorx Platform, PTC. “PTC solutions incorporating the ThingWorx IoT platform have been purpose-built to fundamentally change how we connect, analyze, manage, and experience the ‘things’ in a smart, connected world. We are proud to partner with universities such as RMIT, which require highly-capable, open, and customizable Industrie 4.0 solutions that are both easy to learn and designed to be easily deployed across complex organizations.”
RMIT exists to create transformative experiences for our students, getting them ready for life and work, and to help shape the world with research, innovation, teaching and engagement. RMIT has a unique approach to meeting the challenge of being ready for life and work: we offer an education deeply grounded in ideas and cross-disciplinary understanding, applied through innovative, enterprising practice to solving problems and meeting the needs of our community.
This approach is well-captured in RMIT’s founding motto, “A skilled hand, a cultivated mind”. It is just as apt in the 21st century as it was in the mid-19th, and it leads us to the driving focus of RMIT’s next chapter: “Ready for life and work”.
Established in 1996, LEAP is a leading provider of engineering, simulation and enterprise software and services for all industries across Australia and New Zealand. Using software technology such as CAD, PLM, Simulation, IoT and Augmented Reality, LEAP has assisted thousands of companies to modernise their product development tools and processes. LEAP is a long standing value-added partner of ANSYS and PTC for many product portfolios.
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.
The announcement of a customer’s selection of PTC software is not necessarily indicative of the timing of recognition of related revenue or the amount of revenue for any particular period or that any related applicable implementation and deployment activities are complete
PTC, ThingWorx, Windchill, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.