PTC’s CEO Jim Heppelmann describes–and demonstrates–how the Internet of Things is changing not just products, but the companies that create them. Jim introduces a new product reality, where physical and digital worlds are converging in ways we’ve only imagined. He also highlights PTC’s own transformation into a global IoT leader, including an acquisition in the area of automated predictive analytics, and a strategic partnership with ServiceMax.... (Show more)(Show less)
The rise of IoT in process manufacturing, using ingredients and formulas, is remarkable. Companies are quickly moving to understand what role this technology will have in
their futures. Our research has identified a number of drivers behind IoT and the move toward connected products for process manufacturers. The Top Five IoT drivers are:
1. Lower operational costs
2. Better customer service and support
3. Business process efficiency/operations optimization and control
4. Information Technology optimization and/or modernization
5. Product and/or service improvement and innovation... (Show more)(Show less)
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