TriStar is proud to be a partner of award-winning PTC, who was recently named Technology Leader in the Global IoT PLM Market, by consulting firm Frost & Sullivan. They are recognized for Innovation, Creativity and Customer Success!
PTC reported that as of yesterday, they have been coined the “Technology Leader in the Global IoT PLM Market.” The 2015 Technology Leadership Award recognizes companies that lead the development and successful introduction of high-tech solutions that have altered the industry or business landscape, and that have helped to shape the future of technology and its uses. The Frost & Sullivan award is based upon “Technology Leverage,“ which includes innovation, creativity, technology incubation, commercialization success, and application diversity and “Business Impact,“ which includes financial performance, customer acquisition, operational efficiency, and growth potential.
The PTC Windchill® 11 PLM software exemplifies PTC’s commitment to PLM technology innovation. Enabled by the PTC ThingWorx® IoT technology, Windchill 11 integrates data from physical products, web-based resources, and enterprise software systems to enable increased access, insight, and value in a modern and easily consumable user experience.
Jim Heppelmann, president and CEO, PTC said: “We’re honored to receive this award. Windchill 11, a breakthrough smart, connected PLM solution, is a powerful example of how we are leveraging IoT capabilities in our core solutions to help our customers thrive in the Internet of Things era.”
David R. Brousell, Global VP and GM of Frost & Sullivan’s Manufacturing Leadership Council reported: “With IoT platform integration and ‘Closed-Loop Lifecycle Management,’ PTC has built innovative technologies to support the PLM needs of its customers.” “Windchill’s robust range of Connected Services, Connected Operations, and Connected Manufacturing has visibly enhanced the capabilities of its PLM technology and improved the value proposition by enabling its clients to create smart, connected products and leverage IoT data to improve the product development processes.”
Frost & Sullivan offers Growth Partnership, who leverages almost 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. About the Manufacturing Leadership Council The Manufacturing Leadership Council, Frost & Sullivan, is the world’s first member-driven, global business leadership network dedicated to senior executives in the manufacturing industry. The Manufacturing Leadership Council’s mission is to help senior executives define and shape a better future for themselves, their organizations, and the industry at large. Read more at MLCouncil.com.