Tech mahindra
Tech mahindra

Tech Mahindra and PTC engineers create finite possibilities for the new industrial world

Announces the launch of an Industrial Internet of Things Center of Excellence in India

Bangalore, India – July 12, 2017 –– PTC (NASDAQ: PTC) and Tech Mahindra (NSE:TECHM) today announced the opening of an Industrial Internet of Things (IoT) Center of Excellence at Tech Mahindra’s campus in Bangalore, India. The facility is designed to showcase the technologies that companies can utilize for their digital transformations – from product design through IoT connectivity and augmented reality. Tech Mahindra is outfitting the facility with offerings from the PTC technology portfolio, including the ThingWorx® Industrial IoT platform. Tech Mahindra, a longstanding PTC partner and leading system integrator, will advise customers on how ThingWorx and other PTC technology can enable them to generate business value.

The Center of Excellence was conceived and jointly developed by Tech Mahindra and PTC. Tech Mahindra chose to partner with PTC as the primary technology provider because of the breadth of the ThingWorx platform and the longstanding success of PTC solutions offerings, including computer-aided design (CAD) and product lifecycle management (PLM). As a system integrator partner with PTC, Tech Mahindra is trained to both develop solutions and implement solutions based on PTC technology. While located in India, the facility is expected to draw a global customer base.

As the facility evolves, Tech Mahindra and PTC also plan to use ThingWorx to develop vertical-specific solutions to address mutual customers’ needs and challenges.

“Companies continue to invest significant resources in transforming their businesses, and it’s important for them to have clear direction for their journey and the right technology to utilize,” said Catherine Kniker, Chief Revenue Officer, Platform Business, PTC. “We are pleased to partner with Tech Mahindra for this IoT Center of Excellence, to demonstrate how ThingWorx and other PTC technology can enable a broad and diverse customer base to accelerate their transformations and achieve value faster.”

“The new Center of Excellence in India is an excellent place to showcase the transformation we are already creating for customers with PTC- Thingworx platform,” said Karthikeyan Natarajan, Global Head – Engineering, IoT and Enterprise Mobility. “The technology offerings from PTC, including the ThingWorx platform, represent some of the leading solutions available. The facility will demonstrate the how we are using IoT and its immense potential to transform business for our customers. We are delighted to work with PTC for the CoE and show our customers how quickly and easily they can tap into the potential of the Industrial IoT.”

PTC is unlocking the value at the intersection of the physical and digital worlds. With PTC’s leading ThingWorx Industrial IoT platform, augmented reality development capabilities, and a portfolio of connected solutions, PTC is enabling companies to improve the way they design, manufacture, sell, operate, and service their products.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates, and the Society to Rise ™.

Additional Resources

About PTC (NASDAQ: PTC)

PTC has the most robust Internet of Things technology in the world. In 1986 we revolutionized digital 3D design, and in 1998 were first to market with Internet-based PLM. Now our leading IoT and AR platform and field-proven solutions bring together the physical and digital worlds to reinvent the way you create, operate, and service products. With PTC, global manufacturers and an ecosystem of partners and developers can capitalize on the promise of the IoT today and drive the future of innovation.

PTC.com         @PTC         Blogs

The timing of any product release, including any features or functionality, is subject to change at PTC’s discretion.

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

For Further Queries:

Jack McAvoy

Corporate Communications

PTC

Email: jmcavoy@ptc.com

781-370-6143

Sara Steindorf

FleishmanHillard

Email: sara.steindorf@fleishman.com

314-982-1725

 


Bibhu Ranjan Mishra / Shalini Singh

Global Media Relations & PR

Tech Mahindra

Email: media.relations@techmahindra.com

Manjunath Phadki / Akash Batra

Text 100

Email: TechMatText100@text100.com

+91-9900097638/ +91-9999786118

Disclaimer

Certain statements in this release concerning the future prospects of Tech Mahindra Limited (“the Company” or “TechM”) are forward-looking statements. These statements by their nature involve risks and uncertainties that could cause Company’s actual results differ materially from such forward looking statements. The Company, from time to time, makes written and oral forward-looking statements based on information available with the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company. 

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Tech Mahindra represents the connected world, offering innovative and customer-centric information technology services and solutions, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.8 billion company with 112,900+ professionals across 90 countries, helping over 910 global customers including Fortune 500 companies. Our innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value to our stakeholders. Tech Mahindra is also amongst the Fab 50 companies in Asia as per the Forbes 2016 List.

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The Mahindra Group is a USD 20.7 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, aerospace, commercial vehicles, components, defense, logistics, real estate, renewable energy, speedboats and steel, amongst other businesses. Headquartered in India, Mahindra employs over 2,40,000 people across 100 countries. Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise

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For further information please write to connect@techmahindra.com

For further information please write to connect@techmahindra.com