ThingWorx Ranked Best-in-Class in PAC INNOVATION RADAR Europe 2017 NEEDHAM, Mass. – October 17, 2017 –– PTC (NASDAQ: PTC) has been named Best-in-Class for IoT Platforms for Rapid Deployment by the CXP Group (BARC, le CXP, PAC). The PAC INNOVATION RADAR “IoT Platforms in Europe 2017” is the first study to evaluate IoT platforms in four different segments for specific applications. [Companies are evaluated based on several criteria that can be classified into two main categories, Competence and Relative Market Strength.] The evaluation provides a neutral, comprehensive, and detailed presentation of the perceived strengths and weaknesses of 30 providers in direct comparison with competitors. Across all four segments, only six companies were ranked as Best-in-Class: PTC, Bosch Software Innovations, GE Digital, IBM, Microsoft, and SAP.

1. PTC Again Named Market Leader by Independent
Research Company
ThingWorx Ranked Best-in-Class in PAC INNOVATION RADAR Europe 2017
NEEDHAM, Mass. – October 17, 2017 –– PTC (NASDAQ: PTC) has been named Best-in-Class
for IoT Platforms for Rapid Deployment by the CXP Group (BARC, le CXP, PAC). The PAC
INNOVATION RADAR “IoT Platforms in Europe 2017” is the first study to evaluate IoT platforms
in four different segments for specific applications. [Companies are evaluated basedon several
criteria that can be classified into two main categories, Competence and Relative Market
Strength.] The evaluation provides a neutral, comprehensive, and detailed presentation of the
perceived strengths and weaknesses of 30 providers in direct comparison with competitors.
Across all four segments, only six companies were ranked as Best-in-Class: PTC, Bosch Software
Innovations, GE Digital, IBM, Microsoft, and SAP.
PAC ranked PTC highest in Competence in the Best-in-Class quadrant, citing its ThingWorx®
platform as enabling the quick and easy creation of IoT applications with focus on the rapid and
flexible visualization of data for non-IT users. ThingWorx provides data and device management,
application development capabilities, analytics and code-less augmented reality authoring via
ThingWorx Studio. PAC also recognized PTC for its strategic IoT focus, activities and thought
leadership, IoT device management capabilities, user experience, ecosystem and partnerships,
USP, client references and market perception and coverage.
“PTC is leading the IoT platform market for quick and easy application development,” said
Arnold Vogt, Principal Consultant / Analyst IoT, PAC. “This is even recognized by other IoT
platform providers, because many of them cooperate with PTC to utilize this capability.”
“We are very pleased with the number of awards PTC continues to garner in recognition of our
strengths and market leading position,” said Jim Heppelmann, president and CEO, PTC. “PTC
continues to focus on developing tools and solutions that empower our customers to capitalize
on the Internet of Things. It is rewarding to be a catalyst and trusted solution provider for
companies that are fundamentally transforming their businesses.”
About PAC – A CXP GROUP COMPANY
Founded in 1976, Pierre Audoin Consultants (PAC) is part of CXP Group, the leading
independent European research and consulting firm for the software, IT services and digital
transformation industry. CXP Group offers its customers comprehensive support services for the
evaluation, selection and optimization of their software solutions and for the evaluation and
selection of IT services providers, and accompanies them in optimizing their sourcing and
investment strategies. As such, CXP Group supports ICT decision makers in their digital

2. transformation journey. Further, CXP Group assists software and IT services providers in
optimizing their strategies and go-to-market approaches with quantitative and qualitative
analyses as well as consulting services. Public organizations and institutions equally base the
development of their IT policies on our reports. Capitalizing on 40 years of experience, based in
8 countries (with 17 offices worldwide) and with 140 employees, CXP Group provides its
expertise every year to more than 1,500 ICT decision makers and the operational divisions of
large enterprises as well as mid-market companies and their providers. CXP Group consists of
three branches: Le CXP, BARC (Business Application Research Center) and Pierre Audoin
Consultants (PAC). For more information, please visit www.pac-online.com.
PAC’s latest news: www.pac-online.com/blog Followus on Twitter: @CXPgroup
About PTC (NASDAQ: PTC)
PTC is a global provider of technology that transforms how companies design, manufacture,
operate, and service the “things” in the Internet of Things (IoT). With more than $1 billion in
revenue and 6,000 employees worldwide, PTC is one of the largest software companies based in
Massachusetts. In 1986 PTC revolutionized digital 3D design, and in 1998 were first to market
with Internet-based product lifecycle management. Today, PTC enables global manufacturers
and an ecosystem of partners and developers to drive innovation related to such promising
technologies as the IoT and Augmented Reality.
PTC.com @PTC Blogs
PTC, ThingWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its
subsidiaries in the United States and other countries.
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PTC FleishmanHillard
Corporate Communications Sara Steindorf
Jack McAvoy 314-982-1725
781-370-6143 sara.steindorf@fleishman.com
jmcavoy@ptc.com