Strategic Relationship to Focus on Sales of
PTC's IoT and AR Software
BOSTON and MILWAUKEE, June 8, 2023
/PRNewswire/ -- PTC (NASDAQ: PTC) and Rockwell Automation (NYSE:
ROK) today announced an extension of their relationship, focused on
the adoption of Internet of Things (IoT) and augmented reality (AR)
software by manufacturing companies. Rockwell Automation will
continue to resell PTC's ThingWorx® IoT software,
including the Digital Performance Management (DPM)™ manufacturing
solution, and Vuforia® AR software to new and existing
customers across discrete and process manufacturing verticals.
Customers will continue to benefit from both companies' resources,
technologies, and industry expertise.
"PTC has enjoyed a productive and beneficial relationship with
Rockwell Automation for the last five years, and we're pleased to
extend it," said Jim Heppelmann,
CEO, PTC. "Our IoT and AR solutions bring real value to Rockwell
Automation's manufacturing customers for use cases such as asset
monitoring, predictive maintenance, and quality inspection. PTC
partnering with Rockwell Automation continues to be a win-win for
manufacturers that want to improve efficiencies and productivity in
their factories."
"Rockwell continues to leverage PTC software as an important
component of our global customers' digital manufacturing
solutions," said Blake Moret,
Chairman and CEO, Rockwell Automation. "Alongside our best-in-class
Operations Management solutions, we remain excited about PTC's
innovative solutions and the impact those technologies have on
customer value."
Rockwell Automation was a Pinnacle Sponsor of PTC's
LiveWorx® event that took place May 15-18 at the Boston Convention and Exhibition
Center in Boston, Massachusetts.
Rockwell Automation demonstrated its manufacturing solutions on the
Xtropolis™ show floor and presented at various breakout sessions.
PTC will exhibit at Rockwell's Automation Fair, November 6-9, at the Boston Convention and
Exhibition Center, showing the latest in manufacturing technologies
and augmented reality.
About PTC
PTC enables global manufacturers to realize double-digit impact
with software solutions that enable them to accelerate product and
service innovation, improve operational efficiency, and increase
workforce productivity. In combination with an extensive partner
network, PTC provides customers flexibility in how its technology
can be deployed to drive digital transformation – on premises, in
the cloud, or via its pure SaaS platform. At PTC, we don't just
imagine a better world, we enable it. For more information, please
visit www.ptc.com.
About Rockwell Automation
Rockwell Automation, Inc. (NYSE: ROK), is a global leader
in industrial automation and digital transformation. We connect the
imaginations of people with the potential of technology to expand
what is humanly possible, making the world more productive and more
sustainable. Headquartered in Milwaukee,
Wisconsin, Rockwell Automation employs approximately 28,000
problem solvers dedicated to our customers in more than 100
countries. To learn more about how we are bringing the Connected
Enterprise to life across industrial enterprises, visit
www.rockwellautomation.com.
PTC, ThingWorx, Vuforia, Digital Performance Management,
LiveWorx, Xtropolis, and the PTC logo are trademarks or registered
trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.
PTC Media Contact
Greg Payne
gpayne@ptc.com
PTC Investor Contact
Matt Shimao
mshimao@ptc.com
Rockwell Automation Contact
Ed
Moreland
Edward.Moreland@RockwellAutomation.com
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SOURCE PTC Inc.