Cimdata Logo

Industry Summary Articles

Wednesday, January 18, 2017

Nexgen to Develop Supply Chain Applications for Retail, Apparel and Footwear on PTC ThingWorx® IoT Platform

Nexgen Packaging, a leading global apparel identification supplier, today announced that Nexgen has chosen PTC ThingWorx® Internet of Things (IoT) platform as its platform on which to develop solutions in the retail, apparel and footwear (RAF) industry. The agreement enables Nexgen to leverage and expand its integration with PTC FlexPLM®software announced earlier this year.

ThingWorx will serve as the platform on which Nexgen will build its cloud-based solutions for RAF markets targeted at transforming the ordering, manufacturing and delivery of brand ID offerings and other product components. Nexgen's solutions will rely on PTC's open cloud architecture, which will enable Nexgen to optimize the development and delivery of its products and services.

"Our customers are looking for ways to accelerate the time it takes to bring products to market and reduce the costs associated with the delivery of these products," said Jim Welch, Nexgen EVP and GM. "Nexgen is enhancing its industry leading software solutions to provide real-time supply chain visibility and key to this is the PTC ThingWorx® IoT platform. The ThingWorx platform will allow us to quickly and effectively aggregate customer and industry data and provide our customers with unique insights via the predictive analytics and machine learning capabilities of ThingWorx.  Nexgen is working with PTC to provide design and delivery solutions for customers in the RAF markets and is excited to extend that strategic relationship with PTC around the ThingWorx platform."

A Comprehensive IoT Technology Stack

The centerpiece of PTC's IoT technology portfolio, ThingWorx includes a rapid application development platform, connectivity, machine learning capabilities, augmented reality, and integration with leading device clouds. These features combine to deliver a comprehensive IoT technology stack that enables companies to securely connect assets, quickly create applications, and innovate new ways to capture value.

"The retail industry can benefit immensely from the capabilities enabled by ThingWorx," said Eric Symon, general manager, Retail Business Unit, PTC. "Our collaboration with Nexgen is a terrific example of how ThingWorx can help companies in the retail industry improve their operations, develop more efficient processes, and improve the customer service experience."

To view the original press release, please click here.

Search for PTC on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.