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Introduction

PTC has made a strategic bet on the emerging market for managing devices, products, and machinery in the Internet of Things (IoT). While PTC must sell to a new type of buyer, the IoT business is off to a fast start.

Highlights

  • PTC is bulking up its IoT platform with the acquisition of ColdLight, which provides a simplified approach to predictive analytics.
  • Cloud deployment could spur adoption of IoT solutions.

Features and Benefits

  • Explains IoT use cases for enterprises, and how PTC's new business maps to these use cases.
  • Assesses PTC's strengths and challenges in extending its business to IoT, and where IoT fits in PTC's business.

Key questions answered

  • How is PTC transitioning its business from product development to Internet of Things?
  • What are the use cases for IoT? Is it transformational, or is it a better way to reduce operational expenses?
  • How well do PTC's ThingWorx, Axeda, and ColdLight capabilities map to IoT use cases for sectors such as manufacturing and medical devices?

Table of contents

Ovum view

  • Summary
  • Bulking up the IoT platform
  • What's in this for enterprises?
  • What about the cloud?
  • PTC's early markets will be new audiences within a familiar base

Appendix

  • Further reading
  • Author

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