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Industry Summary Articles

Monday, June 17, 2019

PTC Forms Strategic Alliance with Vodafone Business, Enabling Customers to Develop New IoT and Augmented Reality Applications

PTC and Vodafone Business announced from the LiveWorx® digital transformation event a strategic alliance that builds on an existing three-year relationship and will enable customers across multiple industry segments to rapidly develop and deploy revenue-generating IoT and AR applications.

Commencing in June 2019, this alliance will combine the strengths of both companies to enable customers to more simply create an end-to-end solution to solve business challenges. These challenges could include improving the customer experience, reducing the cost of operations, or building better products and services. By enabling smart decision-making capabilities, supporting rapid development, and tapping into existing expertise, the companies aim to significantly reduce extended development processes, enabling companies to scale at a much quicker pace.

“This strategic alliance demonstrates our commitment to one another and to the companies around the world that are choosing our solution for their digital transformation journeys,” said Jim Heppelmann, president and CEO, PTC.

“The opportunities for IoT and AR solutions in all industry sectors are enormous and we want businesses of all sizes across the globe to be able to leverage the power of IoT to drive better outcomes for themselves and their customers,” said Stefano Gastaut, IoT director, Vodafone Business.

To view the original press release, please click here.

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