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PTC and Deloitte Announce Plans to Accelerate Internet of Things Adoption and Innovation for Businesses

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PTC
(NASDAQ: PTC) and Deloitte today announced plans to accelerate Internet
of Things (IoT) adoption and innovation for customers using the ThingWorx®
industrial IoT platform
from PTC. Deloitte Digital and PTC are
co-creating industry-focused solutions to enable clients to further the
value from investments in IoT.

The initial IoT solutions are designed to help transform industrial
operations within manufacturing, oil and gas, and power and utilities,
with the primary focus on the rapid deployment of condition-based
monitoring, predictive maintenance, digital supply network, and
connected factory solutions. Additional focus areas will include retail
and consumer products, healthcare, life sciences, and smart cities.

"Systems integrators are one of our most valued channels for introducing
ThingWorx to a broad range of customers and increasing adoption," said
Catherine Kniker, chief revenue officer, Technology Platform Group, PTC.
"With its scale and breadth of services, Deloitte is an important
collaborator as we continue our focus on developing innovative IoT
solutions and bringing them to market for our customers."

Deloitte Digital's industry issue-led and value-driven approach, along
with its global network and service offering breadth, enable Deloitte to
deliver on the promise of the IoT. "The industry-renowned ThingWorx
platform from PTC enables our teams to rapidly connect machines,
devices, and sensors to form insights and corresponding actions that can
deliver value and ROI in weeks, not months or years," said Robert
Schmid, managing director, Deloitte Consulting LLP and chief IoT
technologist, Deloitte Digital.

The alliance brings together Deloitte's Digital Transformation Network,
Digital Agility, with the enterprise-ready IoT development tools and
capabilities of ThingWorx. Digital Agility leverages IoT technologies to
address business transformation for any part of an organization.

Additional Resources

About PTC (NASDAQ: PTC)
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.com
@PTC
Blogs

About Deloitte Digital
Deloitte Digital has created a new
model for a new age — a creative digital consultancy. That means
bringing together all the creative and technology capabilities, business
acumen and industry insight needed to help transform our clients'
businesses with digital. With Deloitte Digital's end-to-end
capabilities, clients bring us their greatest ambitions, knowing we've
got what it takes to bring new business visions to life. Let us show you
how we do it. Visit www.deloittedigital.com
or follow us on Twitter @DeloitteDigi_US or @DeloitteDigital.

As used in this document, "Deloitte" means Deloitte Consulting LLP, a
subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about
for a detailed description of our legal structure. Certain services may
not be available to attest clients under the rules and regulations of
public accounting.

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

The timing and functionality of any future or planned solution or
integration is subject to change.

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