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pratititechsblog · 6 months ago

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Revolutionizing Manufacturing with ThingWorx: A Deep Dive

Discover how ThingWorx is transforming the manufacturing landscape in Pratiti Technologies' latest blog. Learn about the cutting-edge IoT solutions that enhance efficiency, streamline operations, and drive innovation in manufacturing. Explore real-world applications and benefits of integrating ThingWorx into your production processes.

#ThingWorx is transforming the manufacturing

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trimasys · 2 years ago

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AI-based analytics for manufacturing refers to the use of advanced algorithms and machine learning techniques to analyze data collected from various manufacturing processes. This technology enables manufacturers to predict potential issues, optimize production processes, and improve product quality, leading to increased efficiency and cost savings. AI-based analytics can also help identify patterns in data that are difficult for humans to discern, leading to better decision-making and improved overall performance.

#AI based analytics for manufacturing #digital transformation

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mikemortgage · 6 years ago

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PTC Fuels Leadership Momentum in Industrial IoT with New Manufacturing Workforce Productivity Solution

Latest Release of ThingWorx Introduces Operator Advisor; Enhances Data Sourcing, Analysis, Visualization, and Security

BOSTON — PTC (NASDAQ: PTC) today announced the availability of a new version of its award-winning ThingWorx® Industrial Internet of Things (IIoT) solution platform. ThingWorx 8.4 introduces new capabilities, including Operator Advisor, designed to increase productivity of factory workers by simplifying the way critical operational data is collected, synthesized, and delivered. The new version builds on PTC’s unparalled IIoT strategy, further strengthening its robust portfolio of solutions that address real business challenges.

@PTC announces new manufacturing workforce productivity solution with new version of its award-winning @ThingWorx #IIoT solution platform.

There continues to be significant opportunity for industrial manufacturers to differentiate their product and service offerings and improve worker efficiency across their factory operations by leveraging IIoT technologies. According to a recent report from Deloitte and the Manufacturing Institute, advanced technology and digital skills must blend with uniquely human skills to yield the highest level of productivity.

Putting IIoT to Work with New Solution for Manufacturing ThingWorx 8.4 introduces Operator Advisor, complementing PTC’s existing set of solutions designed for manufacturers. Operator Advisor helps manufacturers improve workforce productivity by simplifying the delivery of digital work instructions in context, eliminating static paper and PDF-based instructions. The solution can also gather data as workers complete tasks for product genealogy and increase visibility into factory operations. Operator Advisor brings IT and OT systems together and connects to smart tools and machines to create a unified operator screen.

“ThingWorx Operator Advisor has transformed the way we deliver information to our employees on the shop floor,” said Mark Jaxion, lead, IoT & Industry 4.0, Vestas. “We’ve gone from providing text-based instructions via paper manuals to delivering work instructions with the 3D CAD files from PLM. The information is now delivered in context, letting employees focus on the task at hand, rather than digging around the various IT and OT systems for the right information.”

PTC’s momentum in the IIoT market, particularly within manufacturing, has led to the acceptance and adoption of ThingWorx by customers, systems integrators, and strategic partners around the world. Colfax, Elekta, Lavifood, Sealed Air, Vestas, and Woodward represent a sampling of industry-leading organizations that have already found success with ThingWorx and IIoT.

“ThingWorx has brought all our various systems together and makes the data from those actionable for our workers,” said Jay Drager, director, Global Business Systems, Woodward. “Not only have we been able to improve the quality of our products, but we’ve also increased efficiency and productivity across our facilities as well.”

New Features and Functions in ThingWorx Platform To empower organizations to quickly capture value from their IIoT implementations, additional key enhancements in ThingWorx 8.4 include:

Easier-to-Use Dashboard – An updated user interface for the ThingWorx Mashup Builder tool makes it even easier to rapidly build and maintain IIoT solutions

Integration With Enterprise Systems and Data – ThingWorx Flow advances sourcing, synthesizing, and feeding data workflow into relevant business systems, while triggering important actions and providing alerts to end users

Enterprise Readiness – Organizations can scale ThingWorx for broader enterprise deployments. As part of this advancement, ThingWorx now seamlessly integrates with InfluxDB and Microsoft Azure SQL for persistence and time series data management

FactoryTalk InnovationSuite, powered by PTC, Integrations – The collaborative offering with Rockwell Automation is enhanced with features and tighter integration, enabling industrial companies to further optimize operations and enhance productivity with data and insights from IT and OT applications and systems

AR Supercharges IIoT and Empowers Workers A key differentiator for PTC is the integration of its ThingWorx IIoT and Vuforia® augmented reality (AR) technologies. Work instructions from the new Operator Advisor solution, for example, can be delivered via an AR experience to provide the most immersive, productivity-enhancing experience for any front-line worker. Vuforia takes the transformative power of ThingWorx IIoT to the next level, and further empowers the next generation of connected workers.

Continued Industry Validation and Market Traction Due in part to powerful strategic alliances with Rockwell Automation and Microsoft, PTC continues to lead the IIoT market and expand its business. As a result, industry analysts and consultants have repeatedly recognized PTC and ThingWorx as best-in-class.

Gartner named PTC as a “Visionary” in its inaugural Magic Quadrant report for IIoT platforms, and Forrester positioned PTC as a leader in the IIoT platforms market in the “The Forrester Wave: Industrial IoT Software Platforms, Q3, 2018” in its evaluation. ThingWorx was also ranked as the top smart manufacturing platform by ABI Research, and PTC was recognized as a leader in separate reports by Berg Insight, IoT ONE, PAC, and Quadrant Knowledge Solutions.

Additional Resources

PTC’s Workforce Productivity Solutions for Manufacturing

ThingWorx IIoT Solution Platform

Industry Awards and Recognition

Harvard Business Review: “How Smart, Connected Products are Transforming Competition,” authors PTC CEO Jim Heppelmann and Harvard Professor Michael Porter

About PTC (NASDAQ: PTC) PTC unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation.

PTC.com @PTC Blogs

PTC, ThingWorx, Vuforia, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.

Contacts

PTC Corporate Communications Jack McAvoy [email protected]

from Financial Post https://ift.tt/2NxvJan via IFTTT Blogger Mortgage Tumblr Mortgage Evernote Mortgage Wordpress Mortgage href="https://www.diigo.com/user/gelsi11">Diigo Mortgage

#IFTTT #Financial Post

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akashs123 · 5 years ago

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IoT Managed Services Market with Focus on Current and Future Plans 2022

IoT Managed Services Global Market - Overview

The global IoT managed services market is showing immense growth; mainly due to the increase in demand for connected devices in automotive, healthcare, retail and transportation sector. Increasing momentum of managed cloud services and declining profits from service revenues shifting the focus towards managed service providers are major factors driving the growth of IoT managed services market. Growing inclination towards cost efficient managed services is further fuelling the growth of IoT managed services market.

Technological advancements have played a major role in the development of IoT managed services. Steep increase in the adoption of IoT managed services across various industry verticals is one major factor driving the growth of Iot Managed Services Market. Cisco Systems Inc., Google Inc., Apple Inc., Intel Corporation, Microsoft Corporation, HPE, and IBM among others are the major investors in the IoT managed services market.

Based on application, smart transportation sub segment is expected to grow at the highest rate during the forecast period. This is owing to the increasing integration of advanced technologies into the existing infrastructure in the transportation sector. Increasing need for managing analytics, security devices and sensors is one major factor driving the market of IoT managed services in the transportation sector. According to a recent study report published by Market Research Future, the global market of IoT managed services is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023).

However, inability of managed service providers to cope up with IoT complexities and lack of scalability and flexibility in their service offering are major factors which could cause hindrance in the growth of IoT managed services market.

Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2333

Key Players:

The prominent players in the market of IoT Managed Services market are –Accenture Plc. (Ireland), Cisco System Inc. (U.S), Google Inc. (U.S), Apple Inc. (U.S), AT & T Inc. (U.S), Intel Corporation (U.S), Microsoft Corporation (U.S), HP Inc. - (U.S), - International Business Machines Corporation (IBM) (U.S), Qualcomm Inc. (U.S) and among others

IoT Managed Services Global Market - Segmentation

The IoT managed services market can be classified into 4 key segments for the convenience of the report and enhanced understanding;

Segmentation by Service Type: Comprises of Infrastructure Management Services, Security Management Services, Network Management Services, Data Management Services and Device Management Services

Segmentation by Organization Size: Comprises Of SMEs and Large Enterprises

Segmentation by Application: Comprises Of Smart Manufacturing, Smart Retail, IT & Telecommunication, Smart Transportation, Smart Energy & Utilities, Smart Buildings and Others

Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

IoT Managed Services Global Market - Regional Analysis

North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the IoT managed services market in North America owing to the presence of a large number of established key players such as Cisco Systems Inc., Google Inc., Apple Inc., Intel Corporation, Microsoft Corporation, HPE, IBM and Qualcomm Inc. among others. Also, U.S. is leading the market in North America due to the technological advancements and early adoption of internet of things in the region. IoT managed services market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 due to rise in demand for managed services across different industry verticals in China, Japan, and India in the region. Whereas, the Europe market for IoT Managed Services is expected to grow at a considerable CAGR (2017-2023).

Industry News

February 2018 – Cisco has launched a new ‘5G Now’ portfolio for service providers taking action. More than 20 global service providers and mobile operator customers globally are advancing their 5G action plans. Cisco here is focused on providing three things, namely services, infrastructure and automation. The key elements in Cisco’s “5G Now” Portfolio include Multi Cloud, IP Core, 5G packet core and service edge, access, client services, security, and professional services.

January 2018 – PTC has partnered with Microsoft Corporation in order to help customers accelerate their digital transformations in IoT. Both the companies will align the technology and expertise in order to deliver a robust solution for Industrial IoT and digital product lifecycle management. However, PTC will be responsible for offering a managed service of ThingWorx which will be delivered on Azure.

Get Complete Report @ https://www.marketresearchfuture.com/reports/iot-managed-services-2333

TABLE OF CONTENTS

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure

2 Research Methodology

2.1 Research Network Solution

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

2.4.1 Market Data Collection, Analysis & Forecast

2.4.2 Market Size Estimation

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Challenges

3.4 Market Opportunities

3.5 Market Restraints

4 Executive Summary

5 Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.2 Supply Chain Analysis

Continued…

Know More about this Report @ https://www.marketwatch.com/press-release/iot-managed-services-market-2019-global-industry-analysis-by-size-share-emerging-technologies-regional-trends-opportunities-development-status-competitive-landscape-and-growth-by-forecast-2022-2019-04-12

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#IoT Managed Services Market

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charlesccastill · 6 years ago

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PTC Relocates to 250,000 SF Global Headquarters in Boston’s Seaport District

BOSTON – The Boston office of Cresa and Margulies Perruzzi Architects (MPA) announced the completion of a new 250,000 SF global headquarters for PTC Inc., a global provider of technology that transforms how companies design, manufacture, operate, and service things in a smart connected world.

PTC relocated its headquarters from Needham, Mass., to 121 Seaport Boulevard, a newly constructed 17-story, 400,000 SF office building in Boston’s Seaport District. The building recently received the USGBC’s Leadership in Energy and Environmental Design (LEED) Platinum certification, its highest level of sustainability achievement.

PTC’s new technology-rich headquarters is a key part of the company’s business transformation, enhancing PTC’s profile and serving as a premier destination for employees, customers, and partners to experience PTC’s technology. At the heart of PTC’s new transformational headquarters is the Corporate Experience Center (CXC), an interactive showcase for PTC’s innovative technology, including its ThingWorx® industrial Internet of Things and Vuforia Augmented Reality (AR) platforms.

To facilitate the move to a new headquarters, PTC engaged Cresa as a global partner across multiple service lines, including site selection, lease administration, transaction management, workplace strategy, and project management. Cresa accomplished a six-month process in 30 days with fast-tracked negotiations that secured PTC’s 18.5-year lease for 250,000 SF at 121 Seaport. As the first signed tenant, PTC leased 63 percent of the building, where the company will house 1,000 of its 6,000 worldwide employees. PTC will occupy the building’s top nine floors with direct access to the roof deck from the top floor and access to a common area with an outdoor terrace on the third floor. Cresa also advised PTC on workplace strategy and facilitated PTC’s shift toward an activity-based, open office plan and free address concept for its workspace.

“Our move to Boston’s Seaport District signals a continued focus on innovation through forward-thinking technological advancements, as well as an evolution of our workplace strategy to anticipate the technology and workforce of the future,” said Eric Snow, senior vice president, corporate communications, PTC. “This workspace is intended to be transformational in every way: the urban location, workplace design, and abundant use of technology will provide our employees with the best possible work environment to thrive and innovate, all while offering our customers a state-of-the-art venue for experiencing our technology. We are thrilled to make this exceptional space our new home.”

MPA’s design for PTC’s headquarters was strongly influenced by the unique, elliptical-shaped glass tower of 121 Seaport. To maximize views of Boston Harbor and downtown Boston, the open office design places conference rooms and meeting spaces around the building core on each floor, and arranges bench seating with ergonomic sit-to-stand desks in a radial fashion that aligns with the oval shape. More than 200 technology-enabled collaboration and huddle rooms support PTC’s activity-based workplace, which has no private offices and no assigned seats, encouraging employees to work where they want. Open-seating collaboration areas and touchdown spaces anchor the north and south ends with a variety of seating styles. On every floor, a themed work café/coffee space, each dubbed “The Hive,” offers employees a diverse experience for casual meetings, socialization, and quiet time. Gigantic curved LED light fixtures span the arc on each floor, with colored lights on the 17th floor providing a dramatic view from the street at night.

With its convergence of digital and physical features and a layout that encourages employees and customers to co-mingle, the 17th floor is at the forefront of PTC’s new headquarters design. The world-class CXC provides visitors with a customized, hands-on tour to experience a world powered by PTC’s Industrial Internet of Things, Augmented Reality, Product Lifecycle Management, and 3D CAD technologies. This is made possible through a combination of state-of-the-art meeting space and more than 20 experiential exhibits showcasing customer and partner innovations. These exhibits dynamically demonstrate PTC’s technology by using Augmented Reality, Virtual Reality and even a ride-on experience to bring the solutions to life. In addition, an adjacent R&D lab and maker space allow customers to engage with PTC engineers as they develop the next generation of innovative technology. A large café called “The Common” faces the CXC on the other side, providing plenty of seating for both employees and visitors. A large, open stair with a glass head-house connects The Common to the landscaped roof deck with outdoor seating.

In addition to the LEED Platinum-certified 121 Seaport building, PTC’s headquarters is expected to achieve LEED Gold certification. The company is also implementing the FitWelSM program for employee health and wellness.

The project team for PTC’s new headquarters includes:

Margulies Perruzzi Architects: architectural and interior design

Gilbane Building Company: construction manager

Cresa: owner’s project manager, site selection, lease negotiation, transaction management, and workplace strategy

BALA Consulting Engineers: mechanical, electrical, plumbing, fire protection, IT, and security design; core and shell engineer for 121 Seaport

McNamara · Salvia: structural design

CRJA-IBI Group: landscape design of PTC’s rooftop terrace

Amaze Design: design consultant for Corporate Experience Center

Communications Design Associates (CDA): Audiovisual system design

Sladen Feinstein Integrated Lighting: Lighting design.

from boston condos ford realtor http://feedproxy.google.com/~r/BostonRealEstateCondos/~3/68i-ejLZRvk/

#boston #condos #boston condos #boston luxury condo #boston condominium #boston rentals #boston condo

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precisemarketreportsandinsights · 6 years ago

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Worldwide Internet of Things (IoT) Market 2017 to 2023 : Size, Forecast And Industry Analysis Report

30 November 2018: Providers of Industrial IoT aim to implement asset efficiency solutions. Designing the asset efficiency solution, developing the application, adapting advanced engineering knowledge for the use cases, and supplying the information platform is the composite task of the analytics engine. IBM is a premier supplier of an analytics engine with its Watson product.

Request A Sample Copy of This Report at: https://www.radiantinsights.com/research/internet-of-things-iot-market/request-sample

There is enormous variety in the Internet of things markets. Bosch supplies industrial IoT sensor technology, acquiring data from the edge, providing device management. Scalability is achieved by the Bosch IoT Suite and ProSyst IoT middleware. The Vorto code generator enables M2M modelling. PTC supplies the Thingworx Application Enablement Platform (AEP), used for creating dashboards, widgets and other user interface elements. Intel provides the Moon Island Gateway used for data aggregation at the edge, as well as horizontal infrastructure in collaboration with HP.

Hitachi analytics is used to diagnose manufacturing process. Hitachi uses its analytics platform to integrate production and sensor data outputs to help visualize, analyze and diagnose a manufacture polymer mixing problems. A polymer mixing process was said to be producing inconsistent output quality, with yields dipping to 50%. Hitachi addressed the scrapping of poor batches and huge costs by addressing ever-changing product specifications and variations in a range of production parameters. Using IoT and the analytics platform, production engineers were able to stabilize the process even as new product formulations were introduced.

Browse Full Research Report with TOC on https://www.radiantinsights.com/research/internet-of-things-iot-market

The Internet of Things (IoT) is the next Industrial Revolution. It will impact the way all businesses, governments, and consumers interact with the physical world. 1 Gbps and 10 Gbps speed has been used in data centers for years. The jump to 40 Gbps and 100 Gbps has come rapidly as a result of the need to increase the quantity of data managed inside the data center with more analytics and more applications. Many of the Cloud 2.0 mega data centers have moved to 100 Gbps, presaging the move to 400 Gbps.

One reason for the increase in speed is the growth of data consumption, attributed to smartphones, social media, video streaming, Internet of Things (IoT), and big data. Big pipes are used to cope with the huge quantities of data that are being transferred.

Users, partners, suppliers and other mega-datacenters communicate using digital systems that are automated and self-healing. The effect on the business is compelling, managers have much more responsibility to create maps of strategy and work with IT to see that developers tune the software to fit the current competitive environment.

The explosion of data comes from smart phone apps and IoT digital onslaught of streaming data that needs to be processed in real time to look for anomalies, look for change, set alerts, and provide automated response to shifts.

According to Susan Eustis, lead author of the study, “Transparency is one of the benefits of IoT that sensors bring to digital controls. The benefits of digital manufacturing, farming, and automotive vehicles are higher productivity and more efficient use of resource. Transparency in is being asked for by consumers. Consumers want to know where their food came from, how much water and chemicals were used in food preparation, and when and how the food was harvested and transported. They want to know about consistent refrigeration during transport.”

Use of IoT sensors and cameras represents a key milestone in provision of value to every industry. Customized cameras are used to take photos and videos with stunning representations. Digital controls will further automate flying and driving, making ease of use, flight stability, and automated cars a reality. New materials and new designs are bringing that transformation forward. By furthering innovation, IoT continued growth is assured.

The worldwide market for Internet of Things (IoT) is $16.3 billion in 2016 anticipated to reach $185.9 billion by 2023. Sensors and software analytics platforms are implemented with connectivity capability for streaming data from endpoints and using analytics to process the data in a manner that generates alerts when appropriate. The complete report provides a comprehensive analysis of Internet of Things (IoT) in different categories, illustrating the diversity of uses for digital tracking devices in industry, healthcare and consumer markets. Analytics makes the images more cogent to everyone, farmers, doctors, machine operators, the uses of IoT are quite diverse. Letting people anticipate problems that only become visible to humans days or weeks after the sensors and images detect issues is a fundamental aspect of IoT, along with generating apocopate levels of alerts. Not too many and not too few.

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The increasingly global nature of science, technology and engineering is a reflection of the implementation of the globally integrated enterprise. Customers trust wintergreen research to work alongside them to ensure the success of the participation in a particular market segment.

WinterGreen Research supports various market segment programs; provides trusted technical services to the marketing departments. It carries out accurate market share and forecast analysis services for a range of commercial and government customers globally. These are all vital market research support solutions requiring trust and integrity.

Key Topics

• Internet of Things (IoT)

• IoT Endpoints

• Universal IoT Platform

• IoT Suite

• Web Services

• Blockchain Networks

• Wireless Sensor Networks

• Security and Energy Management

• Healthcare

• Transportation

• Self Driving Cars

• Agriculture IoT

• Weather IoT

• Financial IoT

• Industrial IoT

• Manufacturing IoT

• Security IoT

• Energy Management Internet of Things

• IoT Security

• Healthcare IoT

• Wearable Technology

• Self-Driving Cars

• Connected Cars

• Rail Transportation IoT

• Sensor and Computing Configurations

• Agricultural and Weather IoT

• IoT chipsets

About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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#Worldwide Internet of Things (IoT) Market Share #Worldwide Internet of Things (IoT) Market Growth #Worldwide Internet of Things (IoT) Market Outlook #Worldwide Internet of Things (IoT) Market Scope #Worldwide Internet of Things (IoT) Market Demand #Worldwide Internet of Things (IoT) Market Trend #Worldwide Internet of Things (IoT) Industry

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thenewsrabbit-blog · 6 years ago

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IoT Platform as a Service: Worldwide IoT Platform Market Opportunity, Competition and Forecast (2018-2025) - ResearchAndMarkets.com

Check out the latest post http://thenewsrabbit.com/iot-platform-as-a-service-worldwide-iot-platform-market-opportunity-competition-and-forecast-2018-2025-researchandmarkets-com/

DUBLIN–(BUSINESS WIRE)–The “IoT Platform as a Service: Worldwide IoT Platform Market Opportunity, Competition and Forecast 2018 to 2025” report has been added to ResearchAndMarkets.com’s offering.

IoT is at the core of digital transformation, with more than 70% of organisations either evaluating or currently deploying IoT. Manufacturing, Healthcare, Transportation and Utilities make up the largest percent of investments, while insurance and consumers represent the fastest growing market segment.

In order to get value from the Internet of Things (IoT), it helps to have a platform on which to create and manage applications, to run analytics, and to store and secure your data. The IoT platform space is important, but crowded and confusing. There are over 200 options to choose from.

This is an immature market and players not highly focused. Platform providers are still struggling with issues like data wrangling, security, and local automation.

This has opened up the door to innovation and added a new dimension to the global competition among IoT platform providers. The research projects that IoT platform market will grow to become a US$ 22 billion industry in 2025, growing at a CAGR of 17% during 2018-2025.

If platform providers are willing to stay relevant in the IoT market, they need to work together with suppliers of other transformative technologies to provide the most valuable functions and components. For instance, healthcare applications require data integration with IT systems, notification alerts, reports, high level security, predictive maintenance, remote management through VPN, and advanced analytics features.

Companies Featured

Aeris

Avnet

Bosch

HPE

Huawei

IBM

IoT.nxt

Microsoft

MTN

ThingWorx

ZTE

Key Topics Covered

1 Introduction

2 Executive Summary

3 IoT Platform Market Structure, Ecosystem, and Value Chain Analysis

4 IoT Platform Vendor Profiles

5 IoT Platform Market Forecast 2018-2025

6 Conclusions, Recommendations, and Strategic Analysis

For more information about this report visit https://www.researchandmarkets.com/research/69pv99/iot_platform_as_a?w=4

#Business #News #Science & Technology

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businesswireindia · 7 years ago

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PTC (NASDAQ: PTC) announced that forerunners like ARizon Systems and Grind Master have invested in ThingWorx® Studio from PTC. The two companies will use the ThingWorx platform as part of their Digital transformation initiative for 2020 with a focus on applications of Augmented Reality in manufacturing and subsidiary industries.

#ptc #augmented reality #thingworx

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vrheadsets · 7 years ago

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PTC Unveils Reality Lab to Conduct Research into VR/ AR and Mixed Reality Applications

US-based software provider PTC has been dabbling in virtual reality (VR), augmented reality (AR), and mixed reality for awhile now, having previously acquired AR technology platform Vuforia back in 2015. Now PTC has announced the creation of Reality Lab, a test center led by researchers who will create immersive applications with the purpose of improving people’s interactions with their physical environments.

PTC’s Reality Lab will be overseen by MIT graduates Valentin Heun and Benjamin Reynolds, who will serve as the lab’s chief scientists. They aim to 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.

“PTC is known worldwide for its technological excellence – and a prowess for pushing the frontiers of technology to make the industrial world more efficient,” said Valentin Heun, vice president of technology, Office of the CTO, PTC. “We’re delighted to become members of the team.”

“AR connects the wealth of digital data generated by the IoT and digital transformation initiatives with the physical world in which we apply it,” said Jim Heppelmann, president and CEO, PTC in a statement. “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.”

Reality Lab is located in PTC’s current headquarters in Needham, Mass. and will be a central feature at its new Boston-based headquarters expected to open in 2019.

Since the purchase of Vuforia, PTC has leveraged the platform to expand the capabilities of its ThingWorx Industrial Innovation Platform to support ARKit and ARCore, helping to bring the power of AR technology to traditional businesses like product design, manufacturing, and servicing.

VRFocus will continue its coverage of PTC, reporting back with its latest developments.

from VRFocus http://ift.tt/2j2sSr5

#VRFocus #vr #virtual reality #canada

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dorothydeaton62 · 7 years ago

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Averna Becomes a PTC Platinum Partner

Averna to Open a ThingWorx Center of Excellence to Help Clients with Transformation of Digital Manufacturing MONTREAL, Sept. 18, 2017 /PRNewswire/ -- Averna, a Test & Quality Solutions provider, announced today an agreement with global technology provider PTC (NASDAQ: PTC), to...

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jayparkar-us-blog · 7 years ago

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Global Internet of Things (IoT) Market: Scenario 2023

September Offer -

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Report Overview

The report offers a detailed insight into the upstream raw material analysis and downstream demand analysis along with crucial elements of Global Internet of Things (IoT) Market report for furthermore highlights key proposals for new project development along with offering an assessment of investment feasibility analysis. This study is a useful guide to all investors to identify the lucrative market avenues across different segments and geographical regions. The market entry conditions along with emerging avenues will help the new entrants to gauge the pulse of the market. Furthermore, the study tracks industry news in terms of new mergers and acquisition made by prominent companies to expand their product offerings across various countries. The report is a useful guide to market players, all stakeholders, interested market participants and investors to formulate their strategies.

The 2017 study has 678 pages, 240 tables and figures. Worldwide Internet of Things (IoT) markets are poised to achieve significant growth with the use of sensors, cameras, and platforms that are used to help implement precision digital control and send alerts for all manner or management of devices and machinery. Visualization and digitization let people better control any device or mechanical thing.

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Providers of Industrial IoT aim to implement asset efficiency solutions. Designing the asset efficiency solution, developing the application, adapting advanced engineering knowledge for the use cases, and supplying the information platform is the composite task of the analytics engine. IBM is a premier supplier of an analytics engine with its Watson product.

There is enormous variety in the Internet of things markets. Bosch supplies industrial IoT sensor technology, acquiring data from the edge, providing device management. Scalability is achieved by the Bosch IoT Suite and ProSyst IoT middleware. The Vorto code generator enables M2M modelling. PTC supplies the Thingworx Application Enablement Platform (AEP), used for creating dashboards, widgets and other user interface elements. Intel provides the Moon Island Gateway used for data aggregation at the edge, as well as horizontal infrastructure in collaboration with HP.

Hitachi analytics is used to diagnose manufacturing process. Hitachi uses its analytics platform to integrate production and sensor data outputs to help visualize, analyze and diagnose a manufacture polymer mixing problems. A polymer mixing process was said to be producing inconsistent output quality, with yields dipping to 50%. Hitachi addressed the scrapping of poor batches and huge costs by addressing ever-changing product specifications and variations in a range of production parameters. Using IoT and the analytics platform, production engineers were able to stabilize the process even as new product formulations were introduced.

The Internet of Things (IoT) is the next Industrial Revolution. It will impact the way all businesses, governments, and consumers interact with the physical world. 1 Gbps and 10 Gbps speed has been used in data centers for years. The jump to 40 Gbps and 100 Gbps has come rapidly as a result of the need to increase the quantity of data managed inside the data center with more analytics and more applications. Many of the Cloud 2.0 mega data centers have moved to 100 Gbps, presaging the move to 400 Gbps.

One reason for the increase in speed is the growth of data consumption, attributed to smartphones, social media, video streaming, Internet of Things (IoT), and big data. Big pipes are used to cope with the huge quantities of data that are being transferred.

Users, partners, suppliers and other mega-datacenters communicate using digital systems that are automated and self-healing. The effect on the business is compelling, managers have much more responsibility to create maps of strategy and work with IT to see that developers tune the software to fit the current competitive environment.

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The explosion of data comes from smart phone apps and IoT digital onslaught of streaming data that needs to be processed in real time to look for anomalies, look for change, set alerts, and provide automated response to shifts.

“Transparency is one of the benefits of IoT that sensors bring to digital controls. The benefits of digital manufacturing, farming, and automotive vehicles are higher productivity and more efficient use of resource. Transparency in is being asked for by consumers. Consumers want to know where their food came from, how much water and chemicals were used in food preparation, and when and how the food was harvested and transported. They want to know about consistent refrigeration during transport.”

Use of IoT sensors and cameras represents a key milestone in provision of value to every industry. Customized cameras are used to take photos and videos with stunning representations. Digital controls will further automate flying and driving, making ease of use, flight stability, and automated cars a reality. New materials and new designs are bringing that transformation forward. By furthering innovation, IoT continued growth is assured.

The worldwide market for Internet of Things (IoT) is $16.3 billion in 2016 anticipated to reach $185.9 billion by 2023. Sensors and software analytics platforms are implemented with connectivity capability for streaming data from endpoints and using analytics to process the data in a manner that generates alerts when appropriate. The complete report provides a comprehensive analysis of Internet of Things (IoT) in different categories, illustrating the diversity of uses for digital tracking devices in industry, healthcare and consumer markets. Analytics makes the images more cogent to everyone, farmers, doctors, machine operators, the uses of IoT are quite diverse. Letting people anticipate problems that only become visible to humans days or weeks after the sensors and images detect issues is a fundamental aspect of IoT, along with generating apocopate levels of alerts. Not too many and not too few.

Continue……..

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interniot-blog · 8 years ago

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What is the Internet of Things (IoT)?

You’ve likely heard the phrase “Internet of Things” — or IoT — at some point, but you might also be scratching your head figuring out what it is or what it means.

The IoT refers to the connection of devices (other than typical fare such as computers and smartphones) to the Internet. Cars, kitchen appliances, and even heart monitors can all be connected through the IoT. And as the Internet of Things grows in the next few years, more devices will join that list.

We’ve compiled a beginner’s guide to the IoT to help you navigate the increasingly connected world.

Terms and Basic Definitions

Below, we’ve provided a glossary defining the Internet of Things:

Internet of Things: A network of internet-connected objects able to collect and exchange data using embedded sensors.

Internet of Things device: Any stand-alone internet-connected device that can be monitored and/or controlled from a remote location.

Internet of Things ecosystem: All the components that enable businesses, governments, and consumers to connect to their IoT devices, including remotes, dashboards, networks, gateways, analytics, data storage, and security.

Entity: Includes businesses, governments, and consumers.

Physical layer: The hardware that makes an IoT device, including sensors and networking gear.

Network layer: Responsible for transmitting the data collected by the physical layer to different devices.

Application layer: This includes the protocols and interfaces that devices use to identify and communicate with each other.

Remotes: Enable entities that utilize IoT devices to connect with and control them using a dashboard, such as a mobile application. They include smartphones, tablets, PCs, smartwatches, connected TVs, and nontraditional remotes.

Dashboard: Displays information about the IoT ecosystem to users and enables them to control their IoT ecosystem. It is generally housed on a remote.

Analytics: Software systems that analyze the data generated by IoT devices. The analysis can be used for a variety of scenarios, such as predictive maintenance.

Data storage: Where data from IoT devices is stored.

Networks: The internet communication layer that enables the entity to communicate with their device, and sometimes enables devices to communicate with each other.

Internet of Things Predictions, Trends, and Market

There will be more than 24 billion IoT devices on Earth by 2020. That’s approximately four devices for every human being on the planet.

And as we approach that point, $6 billion will flow into IoT solutions, including application development, device hardware, system integration, data storage, security, and connectivity. But that will be money well spent, as those investments will generate $13 trillion by 2025.

Who will reap these benefits? There are three major entities that will use IoT ecosystems: consumers, governments, and businesses. For more detail, see the Industries section below.

IoT Industries

Several environments within the three groups of consumers, governments, and ecosystems will benefit from the IoT. These include:

Manufacturing Transportation Defense Agriculture Infrastructure Retail Logistics Banks Oil, gas, and mining Insurance Connected Home Food Services Utilities Hospitality Healthcare Smart Buildings

IoT Companies

There are literally hundreds of companies linked to the Internet of Things, and the list should only expand in the coming years. Here are some of the major players that have stood out in the IoT to this point:

Honeywell (HON) Hitachi T-Mobile (TMUS) Comcast (CMCSA) GE (GE) AT&T (T) Cisco (CSCO) IBM (IBM) Amazon (AMZN) Skyworks (SWKS) Apple (AAPL) Sierra Wireless (SWIR) Google (GOOGL) Iridium Communications (IRDM) Ambarella (AMBA) ARM Holdings (ARMH) Texas Instruments (TXN) PTC (PTC) Fitbit (FIT) ORBCOMM (ORBC) Garmin (GRMN) Blackrock (BLK) InvenSense (INVN) Microsoft (MSFT) Control4 (CTRL) Silicon Laboratories (SLAB) CalAmp (CAMP) LogMeIn (LOGM) InterDigital (IDCC) Ruckus Wireless (RKUS) Linear Technology (LLTC) Red Hat (RHT) Nimble Storage (NMBL) Silver Spring Networks (SSNI) Zebra Technologies (ZBRA) Arrow Electronics (ARW)

IoT Platforms

One IoT device connects to another to transmit information using Internet transfer protocols. IoT platforms serve as the bridge between the devices’ sensors and the data networks.

The following are some of the top IoT platforms on the market today:

Amazon Web Services

Microsoft Azure

ThingWorx IoT Platform

IBM’s Watson

Cisco IoT Cloud Connect

Salesforce IoT Cloud

Oracle Integrated Cloud

GE Predix

IoT Security & Privacy

As devices become more connected thanks to the IoT, security and privacy have become the primary concern among consumers and businesses. In fact, the protection of sensitive data ranked as the top concern (at 36% of those polled) among enterprises, according to the 2016 Vormetric Data Threat Report.

Cyber attacks are also a growing threat as more connected devices pop up around the globe. Hackers could penetrate connected cars, critical infrastructure, and even people’s homes. As a result, several tech companies are focusing on cyber security in order to secure the privacy and safety of all this data.

More to Learn

IoT devices connected to the Internet will more than triple by 2020, from 10 billion to 34 billion. IoT devices will account for 24 billion, while traditional computing devices (e.g. smartphones, tablets, smartwatches, etc.) will comprise 10 billion.

Nearly $6 trillion will be spent on IoT solutions over the next five years.

Businesses will be the top adopter of IoT solutions because they will use IoT to 1) lower operating costs; 2) increase productivity; and 3) expand to new markets or develop new product offerings.

Governments will be the second-largest adopters, while consumers will be the group least transformed by the IoT.

And when you dig deep into the report, you’ll get the whole story in a clear, no-nonsense presentation:

The complex infrastructure of the Internet of Things distilled into a single ecosystem

The most comprehensive breakdown of the benefits and drawbacks of mesh (e.g. ZigBee, Z-Wave, etc.), cellular (e.g. 3G/4G, Sigfox, etc.), and internet (e.g. Wi-Fi, Ethernet, etc.) networks

The important role analytics systems, including edge analytics, cloud analytics, will play in making the most of IoT investments

What is the Internet of Things (IoT)? was originally published on Interniot

#IoT #IoT 2020 #iot

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mikemortgage · 6 years ago

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New Industry Research Shows Augmented Reality Adopters Have Best-in-Class Performance Related to Factory Operations, Service, and Training

MUNICH — PTC (NASDAQ: PTC) today announced from Augmented World Expo (AWE) Europe 2018 the availability of new research in conjunction with Aberdeen Group titled, “How the Best-in-Class Use Augmented Reality for Superior Service Management.” The comprehensive research study and corresponding report identifies significant financial improvements realized by industrial companies embracing augmented reality (AR), and provides best practices for unlocking the potential of the technology across various environments.

@PTC announced from #AWE2018 the availability of new research with @aberdeengroup that shows substantial benefits among #AR adopters.

In addition to the report published today, PTC announced exclusive data from Aberdeen that shows that organizations using AR have experienced significant year-over-year business growth and have improved their bottom lines dramatically.

“The rapid pace of the global market, digital transformation, and increasing shortage of highly skilled workers have produced a disruptive threat for businesses,” said Tom Paquin, research analyst, Aberdeen Group. “However, as evidenced by our latest report with PTC, companies that invest in AR, particularly manufacturing and service organizations, have the opportunity to gain a competitive advantage.”

For enterprises, AR can empower workers to understand and interact with the physical and digital worlds, build new skills with reduced training time and cost, and make informed decisions faster. As a result, businesses can unlock increased productivity and improve the effectiveness of training, manufacturing, and service.

“AR is one of the fastest growing segments in the technology market and has been shown to create significant business value for organizations adopting it. Industrial enterprises are keen to improve customer experiences, open up new revenue streams, and disrupt competition by leveraging the new AR capabilities for product and service differentiation,” said Jim Heppelmann, president and CEO, PTC. “Use cases being developed for end customers have a strong focus on service or maintenance instructions, enabling them to reduce machine downtime and maximize product value.”

AWE Europe 2018 PTC and the topic of enterprise AR took center stage today at AWE Europe 2018, the world’s leading AR and VR conference and expo, held October 18-19 in Munich, Germany.

This morning, Mike Campbell, EVP, Augmented Reality Products, PTC, led a keynote session titled, “PTC Vision for Augmented Reality in the Enterprise,” in which he spoke about the state of AR in the industrial enterprise, reviewed customer use cases, and illustrated the power of AR to fundamentally change the way people work and to allow organizations to re-imagine how to manufacture, sell, operate, and service industrial products.

“Augmented reality can deliver a significant advantage for industrial organizations as part of their overall digital transformation,” said Mr. Campbell. “PTC customers are better leveraging existing investments in CAD, IoT, and digitalization of content through AR experiences, enabling people to visualize and interact with the digital world in the real-time context of their daily work.”

As a Titanium Sponsor of and exhibitor at the event, PTC is showcasing its latest AR solutions – Vuforia Studio, Vuforia Engine, and Vuforia Chalk – as well as distributing copies of the Aberdeen research report at booth 118. PTC is also participating in The International Symposium on Mixed and Augmented Reality (ISMAR), which runs in conjunction with AWE Europe, in booth 405.

Adoption Under the Vuforia Brand In line with the data and findings of the Aberdeen report, PTC has experienced substantial growth and adoption across its dedicated AR business unit. Over 60,000 commercial AR apps have been deployed with PTC’s Vuforia® Engine. In addition, more than 14,000 participants have joined PTC’s Vuforia Studio Free Trial program, providing valuable feedback on use case priorities and hardware requirements, and over 550,000 registered developers use Vuforia as their preferred platform to create AR apps.

PTC has leveraged Vuforia to expand the capabilities of its market-leading ThingWorx® Industrial Innovation Platform, enabling customers to visualize, instruct, guide, and improve interactions with physical things. Aberdeen data released today shows that Internet of Things (IoT) technology is currently a function of 82 percent of all businesses leveraging AR.

Aberdeen Report: “How the Best-in-Class Use Augmented Reality for Superior Service Management” The Aberdeen report, which investigates service AR use cases of best-in-class organizations versus all other adopters, offers the following highlights:

Service organizations using AR have performed significantly better than non-users across customer retention, customer satisfaction, and year-over-year revenue improvement

The best-in-class companies have performed, on average, 25 percent better than their peers across performance measurements, including regulatory and SLA compliance

34 percent of best-in-class organizations leverage AR-powered training, 31 percent use on-site guides, and 25 percent are using AR-powered knowledge sharing

To download a copy of the full report, please visit https://www.ptc.com/en/AWE-Europe.

Additional Resources

Download the Aberdeen Report

PTC Augmented Reality

The State of Industrial Augmented Reality

Harvard Business Review: “Why Every Organization Needs an AR Strategy,” authored by PTC CEO Jim Heppelmann and Harvard Professor Michael Porter

The adoption by customers of Vuforia AR solutions to date is not indicative of the amount of revenue with respect to any particular period or that customers will continue to adopt or deploy such technologies at any particular rate.

About PTC (NASDAQ: PTC) PTC helps companies around the world reinvent the way they design, manufacture, operate, and service products in and for a smart, connected world. In 1986 we revolutionized digital 3D design, and in 1998 were first to market with Internet-based product lifecycle management. Today, our leading industrial innovation platform and field-proven solutions enable you to unlock value at the convergence of the physical and digital worlds. With PTC, manufacturers and an ecosystem of partners and developers can capitalize on the promise of the Internet of Things and augmented reality technology today and drive the future of innovation.

PTC.com @PTC Blogs

PTC, Vuforia, ThingWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.

Contacts

PTC Jack McAvoy, 781-370-6143 Corporate Communications [email protected]

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