PTC Named 2019 Technology Partner of the Year for Edge and IoT Solutions by Hewlett Packard Enterprise

PTC Recognized for Success in Meeting Critical Customer Needs

BOSTON — (BUSINESS WIRE) — June 18, 2019PTC (NASDAQ: PTC) today announced that Hewlett Packard Enterprise (HPE) has named PTC its “2019 Technology Partner of the Year for Edge and IoT Solutions.” PTC was recognized for its innovative solutions and delivery of meaningful business results for PTC-HPE joint customers. In 2018, PTC won “Momentum Partner of the Year for Intelligent Edge Solutions,” and this year’s recognition represents PTC’s ability to build on that achievement.

The HPE Partner of the Year Awards recognize organizations across HPE’s partner ecosystem that have demonstrated outstanding performance, raising the standard for business excellence and customer satisfaction. Since 2016, through the HPE Technology Partner Program, PTC and HPE have helped companies develop initial proofs of concepts that have led to expanded factory roll outs of standard edge and bespoke hybrid architectures, enabling improved efficiencies in performance, cost, and productivity.

“We are proud to be recognized for our success in meeting customer challenges with jointly delivered innovative solutions,” said Catherine Kniker, divisional vice president of strategic alliances, PTC. “We are excited to build on our efforts with HPE to help customers unlock value from the convergence of the physical and digital worlds.”

PTC and HPE’s initial alliance, which converged operational (OT) and information technologies (IT) through PTC’s ThingWorx® industrial IoT innovation platform and HPE’s Edgeline and Pointnext solutions, has continued to evolve, most recently with the addition of PTC’s Kepware® industrial connectivity software and Vuforia® augmented reality products to the companies’ joint offerings. Enterprises that leverage the full joint-offering suite may achieve: accelerated deployment through validated solutions that address IT and OT components in a secure fashion; shortened time-to-insight ratio where data is generated, thereby reducing cost and risk; and condensed market readiness timelines through rapid innovation and accelerated expansion.

“It’s an honor to award partners who have excelled in their collaboration with HPE, growing mutual business opportunities with collaborative solutions for our joint customers,” said Paul Hunter, senior vice president of worldwide partner sales, HPE. “HPE is committed to innovating new solutions and enabling mutual growth together with our partners.”

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About PTC (NASDAQ: PTC)

PTC unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation.

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PTC, ThingWorx, Kepware, Vuforia, and the PTC logo are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.



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