PTC Earns Leadership Placement in Nucleus Research’s 2024 Industrial IoT Assessment

• PTC was named a Leader in Nucleus Research’s 2024 Industrial IoT (IIoT) Assessment

• PTC’s IIoT offering, ThingWorx, earned the highest score in the Usability category

• PTC is distinguished among the twenty participating vendors as the provider capable of best supporting end users with comprehensive Industrial IoT platform and application capabilities

We are thrilled to announce that PTC was named a Leader in Nucleus Research’s 2024 Industrial IoT Assessment.

PTC’s IIoT offering, ThingWorx, was recognized as a top provider of technical capabilities, earning the highest score in Nucleus Research’s Usability assessment category. The report distinguishes PTC as the top IIoT solution provider, surpassing competitors such as Siemens, Software AG, and ABB.

PTC consistently outpaces the market by expanding its loyal installation base and showcases the company's commitment to IIoT value delivery and customer excellence.

“PTC's Industrial IoT products are designed for customers who seek an enterprise-ready solution that is built to scale - ensuring that, as an organization’s digital transformation matures, PTC can support their expanding needs,” noted Charles Brennan, the authoring analyst of Nucleus Research’s report. “[PTC’s] offerings deliver a complete IIoT platform, from Edge connectivity to data orchestration, analytics and low-code/no-code application enablement.”

Chris Baldwin, General Manager of PTC’s Industrial IoT segment, shared his reaction: “We're excited about this win, which shows our commitment to the ThingWorx platform and the impact that IIoT technology can have on manufacturers. This report validates what PTC’s customers need from an IIoT solution to take digital transformation further – and ThingWorx is uniquely positioned to address those needs with the highest usability scores in Nucleus’ assessment. We’ll continue to make the ThingWorx platform and applications more usable, flexible, scalable, and secure, enabling leading manufacturers to achieve higher efficiency, increased throughput, and equipment availability.”

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 Nucleus Research

Nucleus Research is a global provider of ROI-focused technology research and advisory services. To be successful today means making the right technology decision based on the value of a solution for your organization, not analyst opinions about a market. Nucleus is the only firm that uses an ROI investigative approach, ensuring our research delivers the unbiased, factual analysis you can rely on to develop a credible ROI business case.