NEEDHAM, Mass. – November 10, 2016 –– PTC (NASDAQ: PTC) and Vodafone Group (LSE: VOD) today announced that PTC’s ThingWorx® application enablement platform has been chosen by the company to help in the development of new Vodafone Internet of Things (IoT) applications. PTC’s ThingWorx platform includes rapid application enablement functionality, device management, machine learning capabilities, and augmented reality.
Vodafone is the world leader in providing managed IoT connectivity services and offers end to end capabilities for a variety of sectors including automotive, insurance, and manufacturing. PTC is a globally recognized leader in IoT application enablement and software management. The ThingWorx platform will allow Vodafone to rapidly develop new IoT applications and services.
Additionally, ThingWorx offers a common set of components that can be quickly deployed across Vodafone’s footprint of operating companies, further enhancing the company’s ability to offer enterprise customers digital transformation services in a globally consistent way.
“PTC’s IoT strategy is predicated on providing the most efficient and complete platform that companies like Vodafone require to develop new and innovative applications or offerings that will support and strengthen their businesses,” said John Stuart, divisional vice president, global IoT sales and partners, PTC. “This collaboration further validates PTC’s approach to the IoT space, and we look forward to working with Vodafone to create new IoT services.”
“Vodafone has a rich portfolio of IoT services and we share APIs with our customers and their development teams for co-creation,” said Ivo Rook, IoT director, Vodafone. “We believe that by combining these services with ThingWorx and our wider partner ecosystem we can rapidly develop new Vodafone IoT capabilities to maintain our leadership position and make it easier for our customers to benefit from the wider opportunities of IoT.”
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.
Vodafone is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 56 more, and fixed broadband operations in 17 markets. As of 30 June 2016, Vodafone had 465 million mobile customers and 13.7 million fixed broadband customers. For more information, please visit: www.vodafone.com.
The announcement of any particular selection of PTC software is not necessarily indicative of the timing of recognition of revenue therefrom or the amount of revenue for any particular period.
PTC, ThingWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and in other countries.