Abu Dhabi, U.A.E: Jan 26, 2021: PTC, the American software company for digital transformation, today announced that its award-winning ThingWorx Industrial IoT platform has been selected by EDGE, the advanced technology group for defence and beyond, to optimise Overall Equipment Effectiveness (OEE), real-time visibility, and achieve Enterprise Operational Intelligence (EOI) across its manufacturing operations.
ThingWorx was selected by EDGE and its entities for a pilot project after a complex evaluation of multiple IoT platforms, supported by the local office of PTC in the UAE. Over 40 machines will be connected, beginning with LAHAB , HALCON and EPI.
Following implementation of the awarding winning IIoT platform, EDGE will be able to leverage pre-built solutions as well as create scalable and secure solutions of its own, that can ensure improvement in legacy processes and enhance operation and mission efficiencies, which will, in turn, produce cost savings.
“PTC is honored that EDGE has selected ThingWorx to accelerate its Industry 4.0 goals. ThingWorx is a leading IoT platform in the aerospace and defence market. It is a complete IoT platform that provides companies an end-to-end solution, enabling them to address every facet of their digital transformation journey”, said Brent Baker, Vice President Worldwide Federal Aerospace and Defence, PTC.
Thomas Zimmerer, Vice President of Digital Transformation at EDGE said, “EDGE aims to create a new business model, where commercial viability and value, and economies of scale are core to our functions and operations. This is a small yet significant step towards our overall digitalisation efforts. And it will help drive automation, enabling 80 per cent of all process flows, to run with limited human intervention, providing our management team with better insights into financial and operational data that support effective and timely decision making”.
PTC Thingworx was recently named a Leader by the industry analyst firm Gartner, in its Magic Quadrant for Industrial IoT Platforms. Purpose-built for industrial environments, PTC ThingWorx delivers the functionality, flexibility, and agility needed to develop, deploy, and extend IoT applications and augmented reality experiences. It holds a broad set of features, including multiple connectivity options, out-of-the box IIoT apps, solution development tools, and analytics.