Building another node in an expanding Internet of Things platform. PTC has announced a definitive agreement to acquire Kepware, a software development company that provides communications connectivity for industrial automation. PTC will pay approximately $100 million, plus up to an additional $18 million based on achievement of certain strategic initiatives and financial … [Read more...] about PTC to acquire Kepware for industrial automation data
PTC hopes its major PLM release Windchill 11 becomes a tool for a broader range of stakeholders in a project. The company describes it as the first smart, connected PLM. The challenge of IoT and its attendant big data represents a transformational inflection point for design companies—for the first time companies enabling digital models are faced with incorporating real world … [Read more...] about PTC’s latest version of Windchill 11 knits IoT, ALM, and more into PLM
PTC makes the case for merging PLM and the Internet of Things at LiveWorx 2015 Stuttgart. By Tom Lansford Why does a CAD & PLM company invest in the Internet of Things, Big Data Analytics, and Augmented Reality? It could be due to a vision of a new "digital twin" where the digital and the real come together, interact, and are - literally - linked together. It is … [Read more...] about In search of the Digital Twin
SeeControl has created a cloud service platform for IoT development. Acquisition price was not disclosed. Autodesk has signed an agreement to acquire SeeControl, a San Francisco-based developer of an enterprise Internet of Things (IoT) cloud service platform. The move gives Autodesk a footprint in the competitive emerging space for IoT for manufacturing. Autodesk says the … [Read more...] about Autodesk buys a piece of the Internet of Things for the Cloud
Monstrous gains for Internet of Things doesn’t compensate for lackluster quarter in core businesses. By Randall S. Newton PTC (NASDAQ: PTC) delivered news they would rather have swept under the rug with their third quarter 2015 financial report. It was a down quarter for total revenue, net income, software revenue, earnings per share, and all categories of software except … [Read more...] about PTC Q3 results in a word: Ouch!