Market Overview

ABI Research Ranks PTC's ThingWorx as Top Smart Manufacturing Platform


PTC Earns Top Score, Ranking Above GE, ABB, and Siemens, and
Continues Impressive Run of Industry Recognition

(NASDAQ:PTC) today announced its ThingWorx® Industrial
Innovation Platform was ranked as the top smart manufacturing platform
in ABI
Manufacturing Platform Competitive Assessment

This press release features multimedia. View the full release here:

Implementation and innovations earns PTC the number one spot in ABI Research's "Smart Manufacturing  ...

Implementation and innovations earns PTC the number one spot in ABI Research's "Smart Manufacturing Platform Ranking Competitive Assessment." (Graphic: Business Wire)

Platforms from 11 major vendors were analyzed by criteria such as
innovation and implementation, including each firm's overall business
model, partnerships, product functionality, and system integration
capabilities. ThingWorx received top scores in overall innovation,
including its compelling use of augmented reality (AR) and tied for the
top spot in its digital twin functionality and protocol adaptability and
device connectivity.

"Industrial companies choose PTC to capitalize on the transformative
value of the IoT, elevating their position in the competitive market and
achieving the full potential of a smart, connected business," said Jim
Heppelmann, president and CEO, PTC. "We are honored by this accolade
from ABI Research that recognizes our innovation and positions PTC as
the industry leader. With the ongoing support from customers and our
strategic partnership with Rockwell Automation, PTC will continue to
deliver on our commitment to the industrial space."

Additionally, PTC's ThingWorx was rated the overall leading platform
with advanced innovative initiatives across transformative technologies.
ThingWorx is comprised of a rapid application development platform,
advanced analytics, connectivity, machine learning, augmented reality,
and integration with leading device clouds. Together, these
beginning-to-end capabilities enable users to create revolutionary
applications and services to achieve IoT-driven business transformation
and support digital initiatives across various industries.

"PTC's innovation in areas such as augmented reality, protocol
adaptability and connectivity, and digital twin capabilities solidified
the company's spot as the industry leader," said Pierce Owen, principal
analyst, Smart Manufacturing, ABI Research. "Assessed by implementation
and innovation, ABI Research recognizes PTC's capability to advance
industrial transformation and revolutionize the industry."

The recognition from ABI Research continues a long string of industry
recognition from press and industry analysts around the world, including
Forrester, 451 Research, Compass Intelligence, Experton Group, Gartner,
IDC, IoT Analytics, Berg Insight, IoT ONE, and Quadrant Knowledge
Solutions. Most recently, PTC's ThingWorx has been heralded as the
leading platform from Constellation Research and has been awarded IoT
Evolution Product of the Year.

Additional Resources

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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