Imagine it: The smart, connected world — a place where the products that improve our lives are connected to the Internet, and to each other. The possibilities for product development companies are endless.
But for manufacturers to be successful in the connected world, they’re going to need the right tools – software that allows these highly innovative products to be properly connected, deployed, and managed.
PTC is committed to providing manufacturers the best of those tools. That’s why PTC acquired Axeda Corporation.
Axeda creates the world’s most advanced cloud-based services and software for managing connected products and machines. The company implements innovative Machine-to-Machine (M2M) as well as Internet of Things (IoT) applications.
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PTC Acquires Axeda
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PTC and Axeda
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PTC and IoT
You probably already know that PTC is actively involved in the IoT movement. The acquisition of Axeda directly complements PTC’s ThingWorx business, which provides manufacturers with a platform for building IoT applications.
An innovator in the IoT technology market, Axeda serves more than 150 customers, processing hundreds of millions of machine messages daily across multiple industry sectors. Here are a few of the company’s offerings:
The Axeda Machine Cloud is Axeda’s flagship offering. It helps customers turn machine data into useful information, build and run state-of-the art IoT applications, and optimize business processes by capitalizing on the knowledge that machine data provides.
The Axeda Connected Content Application helps companies efficiently and securely distribute content to connected products.
The Axeda Connected Service Application, which complements PTC’s service lifecycle management (SLM) solution, provides technical support and field service personnel with a web-based interface and tools for identifying and repairing problems with connected products.
As PTC CEO Jim Heppelmann put it: “This acquisition complements our ThingWorx business, supplements our SLM offering, enhances our portfolio of PLM and other applications, and positions us to better serve our customers in the dynamic new world of smart, connected products. We now have established one of the industry’s largest Centers of Excellence focused on the Internet of Things.”
Learn more about PTC and Axeda.
