ThingWorxTM, a PTC business and leading Internet of Things (IoT) platform provider, announced a new and expanded leadership team in Europe, the Middle East, and Africa (EMEA). The new ThingWorx team led by Thomas Svensson, Senior Vice President, EMEA and Larry Terwey, Vice President, EMEA will support the further expansion of ThingWorx and its partner ecosystem across the region to address increased demand for the innovative ThingWorx® IoT application platform.
ThingWorx offers an innovative platform for rapidly developing and deploying applications that realize the opportunity and value presented by the Internet of Things economy. ThingWorx simplified and unified approach to IoT applications enables companies to iteratively innovate business processes significantly faster than conventional methods and tools, thus accelerating time to value, minimizing cost and risk, and transforming how products, people, and systems connect and interact.
"The ThingWorx business has seen strong demand and rapid growth across Europe. This demand, combined with the market reach and financial resources of PTC, is enabling ThingWorx to accelerate the build-out of our global footprint," stated Russ Fadel, president, ThingWorx. "Thomas Svensson and Larry Terwey bring exceptional executive experience with their leadership roles; I am confident they will deliver on our EMEA strategy."
As Senior Vice President, EMEA, Mr. Svensson will be responsible for driving the ThingWorx direct and indirect sales channel strategies and overall business development. Mr. Svensson holds a Master of Science degree from the Chalmers University of Technology in Gothenburg, Sweden, where he resides.
As Vice President, EMEA, Mr. Terwey will bring to bear his 20 years of experience building successful sales and marketing programs in the M2M and CAD / PLM markets.
