A US$1 Billion Industrial IoT Partnership: Who Wins?

Subscribe To Read This Insight

By Ryan Martin | 3Q 2018 | IN-5175

 

What’s in US$1 Billion

NEWS


PTC and Rockwell Automation are aggressively jockeying for position in the digital domain to help customers transform their physical operations. As of June 11, 2018, PTC and Rockwell entered a US$1 billion equity agreement to align their respective smart factory technologies, namely, PTC’s ThingWorx IoT, Kepware, and Vuforia, and Rockwell’s FactoryTalk MES, FactoryTalk Analytics, and Industrial Automation platforms, for an integrated solution offering whereby Rockwell becomes the preferred delivery and implementation provider and PTC assumes the role of IT/OT technology enabler.

US$333 Million per Year?

IMPACT


While both may well argue the length of tenure in the M2M/IIoT business, it is only in the last few years that the two compa...

You must be a subscriber to view this ABI Insight.
To find out more about subscribing contact a representative about purchasing options.

Services