PTC has proven its leadership in the industrial IoT sector by dominating the four major market analysis reports from Gartner, IDC, Forrester, and ABI Research.

PTC announced on the 22nd that it was listed as a leader in the 'Comparative Analysis of Competitive Advantages in Smart Manufacturing Platforms' report by market research firm ABI Research.

In addition, PTC was listed as a leader in Forrester Wave’s Q3 2021 Industrial IoT Software Platform Analysis Report, IDC MarketScape’s Industrial IoT Platforms and Applications for Manufacturers Report, and Gartner’s Magic Quadrant for Industrial IoT Platforms Report.

With this, PTC is the only IIoT platform provider verified as a leader in market analysis reports from all four organizations: Gartner, IDC, Forrester, and ABI Research. Each of the four market research firms used its own independently developed evaluation analysis framework, and the research criteria, methodologies, and lists of IIoT features follow the unique standards of each organization.

“Thanks to the efforts of the ThingWorx team, we are honored to be recognized as a leader by all four major market research firms in the industry. This has further strengthened our position in the industrial IoT market and bolstered our market strategy.” "We plan to continue developing ThingWorx by focusing on addressing manufacturers' core priorities and developing various service use cases," he said.

Kim Sang-gun, General Manager of PTC Korea, said, “Despite each research institution conducting evaluations from different perspectives, PTC has consistently demonstrated its leadership. We will continue to provide optimal platforms and expertise to help customers with diverse and complex needs build customized solutions and enhance business performance.”