PTC received the prestigious IoT Innovation Vendor of the Year Award from marketing analytics and consulting firm Compass Intelligence at the 2016 International Consumer Electronics Show (CES) in Las Vegas, Nevada. The Compass Intelligence Annual Awards recognize the best mobile computing, wireless data communications, Internet of Things, and eco-friendly products and services offered in the market during the past year.
The IoT Innovation Vendor of the Year Award is part of the A-List in M2M/IoT awards category and is voted on by more than 60 industry-leading press and analysts based upon a range of criteria, including vision, strategy, leadership, and financial success.
In the past two years, PTC has become a leading provider of technology that enables its customers to harness the value inherent in the Internet of Things. As well, its CEO, Jim Heppelmann, has become a major thought leader, having coauthored two seminal HBR articles that describe the implications of the IoT and offer companies a blueprint to get started on their own IoT journeys.
“We’re honored to receive this award,” said Jim Heppelmann, president and CEO, PTC. “From thought leadership to technology to partnerships, PTC is focused on empowering its customers with tools and solutions that capitalize on the Internet of Things – and bridging the digital and physical worlds to fundamentally transform the way we create, operate, and service products and systems.”
“PTC has emerged as an IoT powerhouse,” stated Keith Robinson, Director of M2M & IoT Research & Consulting, Compass Intelligence. “Its big vision, robust tech stack, and market success make the company a clear winner. I project that PTC and its ThingWorx IoT business unit will continue its strong growth trajectory in 2016 with superior technology and leadership.”