Compass Intelligence and Quadrant Knowledge Solutions recognize PTC as an industry leader in IIoT for its ThingWorx platform

PTC ( has been recognized by both Compass Intelligence and Quadrant Knowledge Solutions as a 2019 leader in the global industrial internet of things (IIoT) marketplace for its ThingWorx® Industrial Innovation Platform.

The two awards come just months after PTC introduced the latest version of ThingWorx. ThingWorx 8.4 introduces a long list of new capabilities, including Operator Advisor, which is designed to increase the productivity of factory workers by simplifying the way critical operational data is collected, synthesized, and delivered.

“PTC continues to advance its breakthrough IIoT solutions and equip industrial companies with industry-leading software to drive business momentum and create value,” said Jim Heppelmann, president and CEO, PTC. “These accolades underscore not only PTC’s technological superiority, but also our commitment to the success of our partners and customers in the industrial sector.”

This is the fourth year that PTC has received the Compass Intelligence Award for Industrial IoT Company of the Year. These annual awards honor the top companies, products, and technology solutions in three primary award categories: Mobile & Wireless, IoT & M2M, and Emerging Technology. Winners are selected by more than 40 industry-leading editors, journalists, thought leaders, and analysts.

“With so many strong nominations, this year’s winners represent the coolest and most disruptive in technology,” said Stephanie Atkinson, CEO and founder, Compass Intelligence. “Year after year, PTC’s vision, robust technology portfolio and strong market position make it the undisputed leader in the IIoT market.”

PTC Named Leader for Customer Impact and Technology Excellence
For the second year in a row, PTC has been named a market leader by Quadrant Knowledge Solutions, receiving the highest rating in Quadrant’s 2019 Strategic Performance Analysis and Ranking (SPARK) Matrix.

In the 2019 SPARK Matrix, Quadrant analyzed the offerings of a wide range of software providers in the IIoT space, evaluating each on its technology platform, product capabilities, customer impact, ease of use, visionary innovation, and future roadmap. Through comprehensive research and a rigorous methodology, the resulting report and corresponding matrix showcase PTC’s clear leadership in the industry, driven by its robust portfolio of IIoT solutions.

“We congratulate PTC for the second year in a row as the unambiguous technology leader in the 2019 SPARK Matrix for IIoT Platforms,” said Piyush Dewangan, Industry Research Manager, Quadrant Knowledge Solutions.

Hordon Kim,


아이씨엔 매거진은 산업용사물인터넷(IIoT) 및 디지털화(Digitalization), 디지털전환(Digital Transformation) 애널리틱스를 제공하는 IT 네트워크 기반의 산업 기술 매거진입니다.

산업용사물인터넷(IIoT)와 가상물리시스템(CPS)을 통해 디지털화를 추구함으로써 제조 산업 및 플랜트를 제조활동 전반에 걸친 스마트제조를 구현하고자 합니다.

아이씨엔 매거진은 이러한 디지털화를 구축함으로써 새로운 비즈니스 전략을 도출하는 디지털전환을 위한 관련 리서치 및 애널리틱스를 제공합니다.


Hordon Kim

Hordon Kim is an international editor at ICN Magazine. He covers global news and events in English and runs a consulting agency in Korea.


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