PTC
Stalwarts of Smart Manufacturing

As a medical device manufacturer, Sysmex demanded a higher level of customer service and internal operational efficiency. The manufacturer’s existing technology infrastructure was unable to turn its connected product data into meaningful business value and deliver the value-added services needed to stay ahead in the market. Using PTC’s ThingWorx platform, Sysmex was able to achieve next-generation service and connected product capabilities. PTC helped Sysmex rapidly deliver value-added applications that pull out instrument data in real-time and improve equipment uptime. Needless to say, such achievements have powered PTC’s journey to promote smart manufacturing processes. The company empowers manufacturers to design, manufacture, operate, and service products for a smart, connected world.

"We stand at the frontier of a new age of innovation, where the industrial revolution is colliding head-on with the digital revolution"

As a major proponent of industrie 4.0, PTC [NASDAQ:PTC] helps companies capitalize on the promise of physical digital convergence today and drive the future of innovation. “We stand at the frontier of a new age of innovation, where the industrial revolution is colliding head-on with the digital revolution,” says James Heppelmann, president and CEO of PTC. With over three decades of experience in understanding things in their digital form, and bringing that information back into the physical world, PTC has a unique view of how the IoT can advance businesses today. “PTC focuses on developing tools and solutions that empower our customers to capitalize on the Internet of Things.”

PTC empowers manufacturers to unlock the value of the converged digital and physical worlds through its ThingWorx platform, an industry-leading industrial innovation platform designed to rapidly deliver IIoT applications and augmented reality (AR) experiences. ThingWorx allows clients to develop feature-rich industrial IoT applications with a model-driven architecture that provides the extensibility to tailor to customers’ needs. Clients can effectively manage and extract meaningful insights from IoT in real time using ThingWorx’s sophisticated artificial intelligence and machine learning technology. Additionally, manufacturers can easily manage connected products, empowering business users to better monitor, manage, and optimize devices, systems, and processes built on ThingWorx platform. With a library of 150+ drivers and plug-ins, ThingWorx allows users to easily connect, manage, monitor, and control disparate devices and applications across the business.

ThingWorx Asset Advisor empowers clients to work proactively instead of reactively by automatically detecting anomalies and initiating a corrective action before it impacts production. The solution enhances maintenance processes and production performance with real-time monitoring of assets. Today, PTC works with more than 28,000 businesses around the world to help them create, operate, and service products in globally distributed manufacturing domains, including industrial equipment, automotive, high tech and electronics, aerospace and defense, retail, consumer, and medical devices.

Unleashing the Power of AR

With well over 250 partners aligning their hardware and software product with ThingWorx as well as PTC’s other platforms, PTC enables technology and solution providers to innovate and collaborate with partners and customers, capitalizing on the IoT market opportunity. To further support growth, PTC recently launched its redesigned partner program, PTC Partner Network, making it even easier for partners to add new technologies and expertise to their businesses.

In keeping with the theme of supporting the smart factory, Heppelmann is building on PTC’s proven history of helping customers optimize their manufacturing to bring the power of AR technology to visualize, instruct, guide, and improve interactions with physical things. In light of this, the company has recently launched Reality Lab, a test center that will be run by researchers who will create applications that leverage augmented, virtual, mixed, and physical realities to improve people’s interactions with their physical environments. The lab will apply human-centered design and human-computer interaction to new technology, empowering people with more intuitive and practical computer user interfaces for managing the next generation of networked computer systems. “Our new Reality Lab will enable enterprises to advance the way they serve customers, train employees, design and create products, manage their value chains, and how they compete,” says Heppelmann.

In addition, PTC is also strengthening its strategies for Industrie 4.0 by partnering with McKinsey & Company, leading management consulting firm, to create a global network of Industrie 4.0 Digital Capability Centers (DCCs). Using PTC’s solution, the DCCs are designed to support companies at every stage of their digital transformation journey. The DCCs will include a realistic production environment, digital showcases with demonstrations of Industrie 4.0 technology, as well as experiential capability-building workshops to promote skills training and awareness of Industrie 4.0. “It is rewarding to be a catalyst and trusted solution provider for companies that are fundamentally transforming their businesses,” concludes Heppelmann.