ThingWorx and ADI provide cloud environment for IoT applications

Ned Aim, Massachusetts, October 13, 2015 - PTC Corporation ThingWorx (Nasdaq: PTC), also a leading provider of the Internet of Things (IoT) platform, today announced that it is working with multinational semiconductor company ADI (Analog) Devices, Inc. (Nasdaq: ADI) collaborate to provide users with integrated sensors that connect to the cloud with the ThingWorx® IoT platform.

Smart and interconnected products and devices generate thousands of real-time information and generate massive amounts of data. ThingWorx's goal with ADI is to help users more easily leverage sensing, measurement and linking technologies to connect the physical world to the digital world. The collaboration will support IoT channels for smart interconnect product data (from devices and sensors to wireless communications) as well as big data collection and analysis.

Russ Fadel, President of ThingWorx, said: “Partners from all walks of life around the world have chosen ThingWorx IoT platform to provide IoT products and services, and continuously improve customer value and turnover. We are very happy to work with ADI to solve the IoT foundation. Facility challenges, such as connectivity, communications, and other basic services, allow users to focus their time and energy on creating IoT applications that create business value."

ADI offers a broad portfolio of high performance analog, mixed-signal and digital signal processing (DSP) integrated circuit (IC) products for virtually any type of electronic device. More than 100,000 customers worldwide use ADI's signal processing products, which play an important role in converting, regulating, and processing physical phenomena, such as converting temperature, pressure, sound, light, speed, and motion into Electrical signals are used in a variety of electronic devices.

MarTIn Cotter, vice president of ADI Healthcare, Consumer Electronics and the Internet of Things, said: "In the IoT era, our goal is to help partner companies create smart, connected products using sensor-generated data. By working with ThingWorx, we Dedicated to enhancing the user experience and helping people use data transmitted to the ThingWorx IoT platform faster, enabling fast, rich and interactive IoT applications, real-time dashboards, federated workspaces and mobile interfaces."

The ThingWorx Partner Program supports the active participation and collaboration of technology partners, system integrators and consultants to complement the ThingWorx IoT technology platform. ThingWorx partners bring high value-added customers with a more complete IoT solution by providing IoT expertise and expertise.

ThingWorx provides partners with the right combination of technical education and certification, sales training, co-marketing, and a variety of market entry models to maximize investment efficiency and help them achieve maximum success in the IoT space through ThingWorx.

About Analog Devices

Analog Devices, Inc. (ADI) is committed to designing and manufacturing advanced semiconductor products and superior solutions, helping customers with outstanding sensing, measurement and connectivity technologies to build intelligent bridges that connect the real world and the digital world. Re-recognize the world around you.

About ThingWorx, PTC

PTC's ThingWorx (Nasdaq: PTC) is the first platform to effectively build and run a contemporary interconnected world. The ThingWorx® IoT Platform is the core product of the PTC Internet of Things (IoT) technology portfolio, which combines the power of PTC Axeda® solutions to enable the world's first complete IoT platform, including connectivity, device cloud, and business. Logic, big data, analytics, and remote service applications. The portfolio is a comprehensive IoT technology portfolio that helps companies securely link assets, quickly create applications, and create new value-added models. Many companies have begun to use this technology to develop the potential of the Internet of Things, and continue to gain profitability and success in a wide range of market segments, including manufacturing, energy, agriculture, transportation, and government.

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