IoT Platform

View Technologies, a joint venture between Stanley Black & Decker, Inc. (NYSE: SWK) and RF Controls, today announced that the company’s inView Platform for Real Time Location Services and RAIN RFID solutions are now available as a part of the IoT Platform from ThingWorx, a PTC Business and industry leader in building and deploying secure enterprise IoT applications for connected products.

View Technologies’ patented Echo smart antennas and inView Software Platform deliver key insights for retailers, such as determining when shipments enter or leave the dock, tracking the flow of product locations in store, or providing notifications when merchandise is misplaced or needing replenishment on a sales floor. The Echo smart antennas continuously identify, locate and track RAIN RFID tagged items within 150 feet with 3 feet or better location accuracy, providing real-time, item-level visibility while the software manages the real-time data.

View Technologies will be providing live demos of the inView Platform alongside the ThingWorx-enabled FlexPLM Platform in the PTC booth (#1328) during the National Retail Federation’s (NRF) upcoming Big Show 2016, Jan. 17-19, 2016 at the Javits Center in New York.

“The inView and Echo solution locates assets quickly by eliminating hand-held scanners, increasing inventory accuracy while enhancing customer engagement and loss prevention,” said Steve Hudson, president of View Technologies. “We believe it’s the perfect addition to the ThingWorx IoT Platform and are excited to be a part of its ecosystem of IoT applications.”

As one of the world’s largest and fastest-growing technology companies, PTC helps retail, footwear and apparel leaders bring products to market on-time, on-trend and on-cost. PTC’s Product Lifecycle Management (FlexPLM) solution enables retail and brand owners to plan, design, develop and source their products.

“Backed by Stanley Black & Decker, View Technologies’ solution is a perfect addition to our IoT platform by providing real-time visibility of in-store movement of products,” said Brion Carroll, VP of Retail BU Global Business Development, PTC. “Tracking product movement is essential in understanding consumer engagement with products and this information can help retailers and brand owners plan better product assortments and design better products. Providing our customers with continuous insights that measure SKU performance and customer experience tracking aligns perfectly with our vision of enabling Retail-in-Real-Time solutions.”

During NRF, PTC will demonstrate how leveraging the PTC ThingWorx-enabled FlexPLM provides a connected store solution for retailers and brand owners to connect better with their consumers, derive insights from consumer behavior, and help drive better product planning, product design and ultimately sales conversions.

Roughly two-thirds of the Fortune 500 companies in retail, footwear, and apparel rely on the PTC FlexPLM solution to manage their product development.

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