2014 MassTLC technology leadership awardsSelected from hundreds of nominations and judged by panels of executives, investors, analysts, media and thought leaders with expertise around the IoT, PTC and ThingWorx have just been announced as finalists in the Innovative Technology of the Year- Internet of Things category for the 2014 Mass Technology Leadership Council (MassTLC) Technology Leadership Awards.

President and CEO of the Mass Technology Leadership Council said, “Our congratulations to PTC and ThingWorx, and to all the finalists of the 17th annual MassTLC Leadership Awards. Each one is an example of the executive leadership, business acumen and technological innovation fueling Massachusetts’ economy and an example of the breadth and depth of talent in our region.”

The combination of offerings that PTC and ThingWorx provide to their customers is what sets them apart from the competitors. PTC enables manufacturers to achieve sustained product and service advantage. PTC’s technology solutions help customers transform the way they create, operate, and service products for a smart, connected, world. The ThingWorx platform speeds the creation of high value IoT applications that support manufacturers’ strategies and enhance PTC’s existing ALM, SCM, PLM, and SLM solution portfolio. PTC offers its customers a means to establish a secure, reliable connection to their products as well as a platform to rapidly develop applications for maintain and operating them- and ultimately for finding ways to create a new value from them.

The ThingWorx platform supports rapid application development through the use of model-based development and mashup tools, enabling companies to deploy tailored IoT/M2M application up to 10 times faster with full data management and analysis capabilities. ThingWorx empowers companies to cost-effectively create value from their smart connected products and deliver end-to-end solutions, addressing a limitless spectrum of business applications while reducing cost and minimizing risk. In addition to the clear business opportunities for smart, connected products, the ThingWorx platform can also have transformational impact on a broad spectrum of connected industries and systems, and is applicable to connected products, machines, sensors, systems, and industrial equipment.

The ThingWorx platform, in combination with PTC’s solutions for Computer-Aided Design (CAD), Application Lifecycle Management (ALM),Product Lifecycle Management (PLM), Supply Chain Management (SCM) and Service Lifecycle Management (SLM) delivers product and service advantage across the entire product lifecycle.

You can find a complete list of finalists appears on the MassTLC site. This pool of finalists will be further narrowed during the coming weeks, with winners announced in September at the MassTLC Leadership Awards Gala in Boston.