Vuforia Named a Leader in PAC’s 2024 Open Digital Platforms for Connected Workers (AR) Competitive Assessment

• Vuforia was named a Leader in PAC’s 2024 Connected Workers (AR) Competitive Assessment
• Vuforia earned high scores in both assessment categories, Competence and Market Strength, ensuring PTC was named one of two “Best in Class” vendors in this report
• PAC’s detailed study assessed and compared 13 augmented reality providers to offer an unbiased assessment and ranking.

We are thrilled to announce that Vuforia was named a Leader in PAC’s 2024 Open Digital Platforms for Connected Workers (AR) Competitive Assessment.

Vuforia has notably earned high scores in both assessment categories, Competence and Market Strength, helping PTC secure a top vendor score and matrix placement.

PAC’s detailed study assessed and compared 13 Augmented Reality providers to offer an unbiased assessment and ranking.

Vuforia leads the market by growing its loyal customer base and exemplifying PTC's vision for AR, enhancing core digital thread offerings to deliver manufacturing and service excellence.

JJ Lechleiter, General Manager of Vuforia and ThingWorx, had this reaction: “We are proud to be recognised as a best in class augmented reality solution in this competitive assessment. This achievement reflects our team's hard work and dedication to advancing AR technology. Our success underscores our role in enhancing efficiency at the frontline, focusing on knowledge transfer, training, and productivity in the evolving workforce. We remain committed to ensuring that our product drives exceptional value for our customers.”

Arnold Vogt, the authoring analyst of PAC’s report, notes that “PAC recognizes PTC as a best-in-class vendor for connected worker platforms in 2024. PTC takes a clear focus on the high-end segment of connected worker use cases and addresses mainly more complex use cases like visual quality control and immersive virtual training. From PAC perspective, PTC Vuforia is the leading connected worker platform for this high-end segment of the market.”

This news follows Vuforia’s AR-specific assessment win earned earlier this year: Vuforia’s leadership placement earned in Quadrant’s 2024 AR SPARK Matrix Assessment.

About PTC

PTC (NASDAQ: PTC) is a global software company that enables industrial and manufacturing companies to digitally transform how they engineer, manufacture, and service the physical products that the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 25,000 customers globally. For more information, please visit www.ptc.com.

About PAC

We are a content-based company with a consulting DNA. PAC is the leading European consulting and analyst firm supporting software & IT service vendors worldwide. Since 1976, we have helped our clients to understand market dynamics, grow their revenue and raise their profile. Our unrivalled understanding of European markets, and deep research coverage help key market players to define their strategy, optimize their go-to-market and increase market share. PAC is an analyst-led consultancy with a team of over 100 experts across Europe. We provide market research and analysis on more than 30 countries worldwide, delivered through our portfolio pillars, Guidance, Insights, and Visibility, and our renowned SITSI® research platform.