2015-01-14

ThingWorx Takes Home Enabling Technology and App Development/Enablement Platform of the Year Honors; Axeda Wins Enabling Company of the Year

NEEDHAM, MA – January 14, 2015 – PTC (Nasdaq: PTC) today announced that the Internet of Things (IoT) enabling technology businesses it acquired in 2014 – ThingWorx and Axeda –received several prestigious awards from Compass Intelligence at last week’s International CES, the world’s largest consumer electronics show.

ThingWorx was awarded both Enabling Technology of the Year and App Development / Enablement Platform of the Year in its category. Axeda was named Enabling Company of the Year.

“We are honored to have been recognized for our innovations in advancing the technology that enables the Internet of Things,” said Jim Heppelmann, president and CEO, PTC. “We are focused on giving companies the tools and technology they need to connect their products and create the applications that will empower them to thrive in this new world. These awards validate the strength of our offerings.”

The 2015 Compass Intelligence Awards were selected by 60+ industry-leading press, editors, and analysts who cover the mobile and wireless market. The Compass Intelligence Awards includes Mobility, A-List in M2M, Bamboo Mobile Green Technology, and Customer & Digital Experience Awards. The Awards recognize the best in mobile computing, wireless data communications, Internet of Things, green technology, digital & customer experience products and services offered in the market during the past year.

“Compass Intelligence is proud to honor and recognize industry leaders that are advancing the mobile industry and innovating to better enable consumers and the enterprise,” said Stephanie Atkinson, CEO & Founder, Compass Intelligence in a statement. “This esteemed list of awardees represents the future of wireless, M2M, and eco-friendly products and services. The consensus from industry experts makes the Compass Intelligence Awards a true industry recognition for vendors and service providers.”

Additional Resources

PTC Internet of Things and Smart, Connected Products Resource Center

ThingWorx Application Development Platform Overview

Axeda Internet of Things Platform

About ThingWorx, a PTC Business

ThingWorx™, a PTC (Nasdaq: PTC) business, provides the first platform designed to efficiently build and run the applications of today’s connected world. ThingWorx’s model-based design and search-based intelligence simplifies application development efforts by minimizing cost, and risk while accelerating time to value. The ThingWorx® platform combines the key functionality of Web 2.0, search, and social collaboration, and applies it to the world of “things,” including connected products, machines, sensors, systems, and industrial equipment. Businesses use the ThingWorx platform to rapidly deliver innovative applications and connected solutions across markets ranging from manufacturing, energy, and food, to Machine-to-Machine (M2M) remote monitoring and service, as well as in emerging Internet of Things applications, including smart cities, smart grid, agriculture, and transportation. For more information, please visit our website at www.thingworx.com and our blog at www.thingworx.com/blog or follow us on Twitter at @ThingWorx.

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