PTC: Enabling Enterprises to Optimize their IIoT Potential
The technology and business model landscapes in the Industrial IoT segment are constantly shifting. Therefore, enterprises need to devise new products and solutions that meet the requirements of evolving changes. Navigating new IoT solutions into Industry 4.0 is challenging. Moreover, reduced equipment downtime and factory shutdowns negatively affect customer satisfaction. Since companies suffer from reduced productivity and a lower ROI, they expect solution providers to offer solutions that help them scale production, and improve quality in production, with their existing manpower and current infrastructure. And, this can only be achieved by implementing Industrial IoT solutions.This is where PTC comes into the picture. The company is a pioneer in IIoT, and has spent years identifying trends and usage patterns among industrial enterprises that define the most common use cases for IIoT solutions. PTC leverages this insight to continually hone its IIoT platform architecture to enable enterprises to create, scale, customize and implement solutions that meet their requirements and achieve their objectives.
Fast & easy implementation of IIoT solutions
Modern consumers are looking for value and solutions. When it comes to investing in technology solutions, organizations often choose providers based on trust in the brand and look for solutions that offer a fast time to value. Faster deployment of solutions that help in solving business issues quickly leads to strong customer relationships.
To address a wide range of manufacturing, service, and engineering use cases, PTC has spent years innovating the ThingWorx IIoT platform. ThingWorx architecture incorporates modular functionality that simplifies development and includes pre-built applications for fast, easy implementation of IIoT solutions for common use cases in a variety of industries.
“We have moved to a solutions-first approach as clients expect time to value/Return on Investment. We call it value because it's not just the tangible returns, but also the larger values which can be sometimes apparently intangible
or unquantifiable”, says Rajkiran, Senior Director, IoT/AR Business – India and EMEA-Emerging Markets, PTC.
“The Industrial IoT market is fast evolving and companies who are adopting Digital are bound to be prepared for scale and efficiency in the short-to-medium term. PTC is committed to providing solutions that are in line with the market dynamics”, he adds.
Maximizing revenue, accelerating innovation and improving quality
PTC’s ThingWorx platform simultaneously removes the technical barriers of IIoT implementation, while emphasizing practical solutions that quickly return value. ThingWorx helps in maximizing revenue, accelerating innovation, reducing costs, improving quality, and maximizing flexibility. If you are considering IIoT platforms, you should be evaluating their capabilities. Unlike other industrial IoT software, ThingWorx offers a complete IIoT platform. Industry leaders turn to this platform for end-to-end capabilities, enabling them to address every facet of their digital transformation journey.
Solving challenges across industries
From remote monitoring and service, to workforce efficiency and asset optimization, ThingWorx solves common challenges across different industries. Since building IIoT solutions is often cited as a pain point, the award winning ThingWorx platform is designed to remove these barriers.
“The Industrial IoT market is fast evolving and companies who are adopting Digital are bound to be prepared for scale and efficiency in the short-to-medium term. PTC is committed to providing solutions that are in line with the market dynamics”, he adds.
Maximizing revenue, accelerating innovation and improving quality
PTC’s ThingWorx platform simultaneously removes the technical barriers of IIoT implementation, while emphasizing practical solutions that quickly return value. ThingWorx helps in maximizing revenue, accelerating innovation, reducing costs, improving quality, and maximizing flexibility. If you are considering IIoT platforms, you should be evaluating their capabilities. Unlike other industrial IoT software, ThingWorx offers a complete IIoT platform. Industry leaders turn to this platform for end-to-end capabilities, enabling them to address every facet of their digital transformation journey.
Solving challenges across industries
From remote monitoring and service, to workforce efficiency and asset optimization, ThingWorx solves common challenges across different industries. Since building IIoT solutions is often cited as a pain point, the award winning ThingWorx platform is designed to remove these barriers.
“Our current projects are in the industrial IoT space. And, we are looking to ensure that customers are not adopting new technology only because it is the current trend, but rather understand the business value of using technology solutions. Hence, our primary focus right now is to understand the pain points of the customers in the market, and provide them with the right technology solutions that help in improving their businesses eventually,” concludes Rajkiran.
We have moved to a solutions-first approach as clients expect time to value/Return on Investment. We call it value because it's not just the tangible returns, but also the larger values which can be sometimes apparently intangible or unquantifiable
