NEEDHAM, Mass.--(BUSINESS WIRE)--Sep 12, 2018--PTC (NASDAQ: PTC) today announced that Sicame Group, a global provider of products related to the transport and distribution of electrical energy, has selected PTC’s ThingWorx® Industrial Innovation Platform to remotely monitor and gather operational intelligence, enabling meaningful insights and enhanced product performance more quickly than using traditional methods.

Established in France over 50 years ago, Sicame Group now operates in 23 countries and distributes its products in 120 countries. The company designs, manufactures, and distributes surveillance, security, and asset optimization products and services, such as street lighting and telecommunications, mechanical accessories, electrical accessories, and junction boxes for PV solar panels.

To help position itself as a key player in the IoT and Smart Grid field, Sicame Group worked with PTC partner 4CAD to develop a strategy that offered its customers new services. With the IoT and its implementation of ThingWorx, the Sicame Group will be able to communicate with its products remotely and, through the embedded analytics function of the ThingWorx Platform, monitor real-time data, predict future events incidents and conditions, and optimize the products’ performance.

“We continuously seek ways to enhance the capabilities of our products and perfect the customer experience, which is why moving forward with a sound IoT strategy is essential,” said Pierre Williams, director of innovation, Sicame Group. “We selected PTC partner 4CAD to guide us in implementing the best solutions to achieve our goals. ThingWorx will monitor the performance of our products remotely and provide valuable digital insight. This newly gained data will bring significant value to our customers and help them optimize their investments.”

The ThingWorx Platform enables the rapid development and deployment of robust applications and experiences that monitor, manage, and control connected devices. This proven industry-leading, award-winning platform helps industrial companies unlock the value associated with the convergence of the physical and digital worlds.

“Leveraging ThingWorx positions the Sicame Group to deliver robust IoT-enabled solutions to its customers,” said Iain Michel, general manager ThingWorx IoT, PTC. “We are delighted that Sicame has selected ThingWorx to help support its IoT strategy, and commit to its success.”

Additional Resources

ThingWorx Industrial Innovation Platform Download the report: Gartner Magic Quadrant for Industrial IoT Platforms

About PTC (NASDAQ: PTC)

PTC helps companies around the world reinvent the way they design, manufacture, operate, and service products in and for a smart, connected world. In 1986 we revolutionized digital 3D design, and in 1998 were first to market with Internet-based product lifecycle management. Today, our leading industrial innovation platform and field-proven solutions enable you to unlock value at the convergence of the physical and digital worlds. With PTC, manufacturers and an ecosystem of partners and developers can capitalize on the promise of the Internet of Things and augmented reality technology today and drive the future of innovation.

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The announcement of a customer’s selection of PTC software is not necessarily indicative of the timing of recognition of related revenue or the amount of revenue for any particular period.

PTC, ThingWorx, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.

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CONTACT: PTC

Jack McAvoy, 781-370-6143

Corporate Communications

jmcavoy@ptc.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

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SOURCE: PTC

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PUB: 09/12/2018 02:00 PM/DISC: 09/12/2018 02:01 PM

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