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Industry Summary Articles

Wednesday, July 31, 2019

FACTON is Strengthening Its Presence in the Industrial IoT Application Landscape and Now Positioning Its EPC Solution in the PTC Marketplace

Potsdam-based software manufacturer and creator of the FACTON EPC Enter-prise Product Costing solution is offering its FACTON EPC Design Costing soft-ware directly to PTC partners and customers in the PTC Marketplace. This will position FACTON with one of the leading global IoT platform providers.

Effective immediately, FACTON is delivering its EPC platform-based Design Costing software via the PTC Marketplace – a move that will strengthen FACTON’s presence in the industrial Internet of Things application landscape. PTC is an international pio-neer in the development of IoT platforms for industry and supplies its partners and customers with technologies and software solutions through its digital marketplace.

“PTC is driving the widespread use of IoT in industrial applications. Our product cost-ing software enables us to play a key role in helping companies connect the physical and digital worlds so that they can profitably prepare cost calculations and quotations throughout the entire life cycle,” says Alexander M. Swoboda, Chief Executive Officer of FACTON GmbH.

FACTON and PTC have collaborated since 2018. PTC’s Windchill Product Lifecycle Management (PLM) is integrated in FACTON’s Design Costing solution. The ThingWorx Navigate app aggregates costing and PLM data to ensure enterprise-wide visibility of product structures and costing information.

PTC’s PLM customers can leverage costing data from a single application and calculate enterprise and product costs more quickly and precisely. The integration is al-ready complete and ready for operation.

To view the original press release, please click here.

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