Market Overview

PTC Named a Leader in Industrial IoT Software Platforms by Top Independent Research Firm


PTC Noted Among the Most Significant Industrial Internet of Things
Software Platforms

(NASDAQ:PTC) today announced that it has been named a leader in the
Industrial IoT software platforms market for its ThingWorx®
Industrial Innovation Platform
, according to a new evaluation from
Forrester Research. In the Forrester evaluation, entitled "The Forrester
Wave™: Industrial IoT Software Platforms, Q3 2018," PTC was the among
the top five highest ranked in the current offering category and among
the top four in the strategy category.

Forrester evaluated the current offering, strategy, and market presence
of PTC and 14 other vendors. Each company was evaluated according to a
comprehensive set of 24 criteria, grouped into three high-level
categories: current offering, strategy, and market presence.
Participating vendors all had a significant focus on the industrial
domain and its use cases, native support for key industrial protocols,
and a strong international presence. Within that context, PTC was deemed
a leader by Forrester.

Regarding PTC's standing in the evaluation, Forrester notes: "PTC fuses
device connectivity strength with augmented reality vision … and the
company offers rich capabilities spanning design, manufacture, service,
and operations, combining these in accessible end-user applications."

ThingWorx is the centerpiece of PTC's Industrial Internet of Things
technology portfolio, and it exemplifies PTC's commitment to IIoT
innovation. ThingWorx is comprised of a rapid application development
platform, connectivity, machine learning capabilities, augmented
reality, and integration with leading device clouds. These capabilities
combine to deliver a comprehensive IoT technology stack that enables
customers to securely connect assets, quickly create applications and
experiences, and innovate new ways to capture value.

Over 1,000 companies, including Elisa,
America Inc.
, and Vodafone,
are using the ThingWorx platform to support their IoT strategies and to
create new business value in a smart, connected world.

The report cited partners among 'key differentiators,' and PTC has built
strategic relationships with several of the esteemed companies within
the Wave's Leaders and Strong Performer categories, as well as hundreds
of other complementary partners and resellers.

"We are proud to be named a leader in this independent evaluation, and
we believe that being included in this Forrester report validates our
strategy and market success," said Iain Michel, general manager,
ThingWorx business unit, PTC. "In our view, this recognition is yet
another testament to the strength of our innovation platform and the
acceptance by companies around the world looking to capitalize on the
immense opportunities created by the Industrial Internet of Things."

The recognition from Forrester continues a long string of industry
recognition from press and industry analysts around the world, including 451
, Compass
, Experton
, Gartner,
, Berg
, IoT
, and Quadrant
Knowledge Solutions
. Most recently, PTC's ThingWorx has been awarded IoT
Evolution Product of the Year

To access more information about the report, visit here.

PTC helps companies around the world
reinvent the way they design, manufacture, operate, and service products
in and for a smart, connected world. In 1986 we revolutionized digital
3D design, and in 1998 were first to market with Internet-based product
lifecycle management. Today, our leading industrial innovation platform
and field-proven solutions enable you to unlock value at the convergence
of the physical and digital worlds. With PTC, manufacturers and an
ecosystem of partners and developers can capitalize on the promise of
the Internet of Things and augmented reality technology today and drive
the future of innovation.

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

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