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PTC’s gravitas is credited to its stimulus, James Heppelmann, who is a thought leader in industrial innovation and has co-authored three highly influential articles regarding the transformational impact of IoT on business. Under his leadership, PTC has assembled the industry’s leading industrial innovation platform and field-proven solutions and services.
"Our new Reality 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"
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 the 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,” points Heppelmann.
Built on PTC’s innovative IoT platform, ThingWorx Manufacturing Apps, exclusively designed for manufacturers, accelerate time-to-value and offer unmatched flexibility transforming results by giving users unprecedented capabilities to see, understand, and act in real time. These role-based apps can be quickly and easily installed and configured without impacting production.
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 equips plant managers with ThingWorx Production Advisor, which rapidly unifies disparate sources of operational and business data. Production Advisor provides users with real-time visibility into production status and critical KPIs such as availability, performance, quality, and overall equipment effectiveness. ThingWorx Production Advisor connects the top floor to the factory floor, empowering plant managers and production managers with readily available machine production data. The app allows production managers to drill down into underlying data for root cause analysis of any issues and normalize manufacturing KPIs with historical trending. Production professionals can ensure correct execution while driving continuous improvement.
PTC’s manufacturing apps include ThingWorx Asset Advisor created for asset managers, which connects to the client’s manufacturing equipment and provides real-time sensor details and alerts on anomalies. ThingWorx Asset Advisor also empowers clients to work proactively instead of reactively by automatically detecting anomalies and initiating a corrective action before it impacts production. Today, PTC works with more than 28,000 businesses around the world to help them create, operate, and service products in globally distributed manufacturing industries, including industrial equipment, automotive, high tech and electronics, aerospace and defense, retail, consumer, and medical devices.
Bringing the Power of AR with Smart Manufacturing
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 and capitalize 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 addition, Heppelmann is building on PTC’s proven history in helping customers optimize their manufacturing to bring the power of AR technology with the ability 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. “Our new Reality 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,” says Heppelmann. The new lab will also enable enterprises to advance the way they serve customers, train employees, design and create products, manage their value chains, and how they compete.
Moreover, PTC is also strengthening its strategies for Industry 4.0 by partnering with McKinsey & Company, leading management consulting firm, to create a global network of Industry 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 Industry 4.0 technology, as well as experiential capability-building workshops to promote skills training and awareness of Industry 4.0. Heppelmann concludes that it feels great to be a trusted solution provider for companies that are fundamentally transforming their businesses.