Revenues come in higher than guidance, surprising some analysts. There is no doubt some industry people sighed in relief when PTC's third-quarter financial results came in above guidance. In design and engineering, people are looking at this quarter as an indicator of what the year might look like. PTC's results look good for the company and even better considering this year’s … [Read more...] about PTC’s strategy holds up for Q3 2020
Vuforia
PTC and BID Group build new tools for remote and online workers
Forestry services company BID Group develops apps for IoT, AR, remote maintenance, and more. The BID Group specializes in wood processing services. They are a PTC customer and are taking advantage of PTC’s IoT and AR tools to develop tools for their remote services team. Specifically, they are working with Vuforia Chalk to offer realtime assistance to customers wherever they … [Read more...] about PTC and BID Group build new tools for remote and online workers
PTC announces Vuforia Chalk app for communicating in augmented reality
Free app for users of Apple phones and tablets running the latest version of iOS. As promised for Fall 2017, PTC Vuforia has announced Vuforia Chalk, a videoconferencing app, that lets a person tech help another person using their smartphone’s camera. Vuforia has been making AR software long before any tech giant started seeing the potential of the AR technology. PTC … [Read more...] about PTC announces Vuforia Chalk app for communicating in augmented reality
PTC unveils Vuforia in ThingWorx product line
PTC acquired Vuforia from Qualcomm in October 2015 for $65 million. The company has wasted little time incorporating the AR technology into its ThingWorx IoT product line. PTC introduced its product group, Vuforia, to the world with a slick web cast called The Thing Event. The show featured Vuforia's augmented reality (AR) technology being used as a visualization tool … [Read more...] about PTC unveils Vuforia in ThingWorx product line
PTC to Acquire Qualcomm’s Vuforia Augmented Reality technology
Qualcomm announces the sale of its AR subsidiary Vuforia to PTC. Most see this as a move to raise value and placate restive investors who are seeking the breakup of Qualcomm. The acquisition will help PTC build its IoT division. In what seems like a surprising move by both companies PTC has announced an agreement to buy Qualcomm’s subsidiary, Vuforia for $65 … [Read more...] about PTC to Acquire Qualcomm’s Vuforia Augmented Reality technology
New augmented reality platforms jazz up mobile
Qualcomm’s Vuforia and HP’s Aurasma can make objects or the passing scene part of the mobile experience. By Kathleen Maher [Editor’s Note: Some of the Jon Peddie Research staff attended the Consumer Electronics Show in Las Vegas recently, including Editor-in-Chief Kathleen Maher, who shares what she found in augmented reality applications.] There seemed to be a real … [Read more...] about New augmented reality platforms jazz up mobile