Home Press release Fastems Implements ThingWorx to Provide Remote Service of Manufacturing Systems

Fastems Implements ThingWorx to Provide Remote Service of Manufacturing Systems

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PTC technology provides IoT platform for real-time predictive maintenance and service

GOTHENBURG, Sweden – August 23, 2016 – PTC (NASDAQ: PTC) today announced that Fastems, a leading independent Finnish manufacturer of factory automation systems, will integrate PTC ThingWorx® technology into its Fastems Flexible Manufacturing Systems to enable remote systems monitoring and condition-based maintenance. These new service options will enable its customers to increase system uptime and production capacity.

Fastems views product up-time as vital for the success of its customers’ mission-critical businesses and consistently adhere to their own mission of enabling customers to get the most production possible out of the 8,760 hours available each year.

Fastems Fabile

As of May 2016, Fastems has enabled the creation of new services by integrating the ThingWorx platform into its ICT systems portfolio. Through remote monitoring, service professionals will be able to diagnose and resolve potential issues and service all equipment. More uptime means lower costs and higher customer satisfaction.

“Fastems’ mission is to enable efficient and reliable production for our customers in the metal working industry,” said Janne Harri Kivinen, CIO at Fastems. ”With the implementation of ThingWorx, we can now offer customers new solutions and services that will allow them to enhance production, which in turn will lead to lower costs and increased production capacity. Customers and Fastems maintenance personnel will be able to keep an eye on operations from any location, whilst determining areas requiring service.”

“Fastems is leading the way in the IIoT,” said Filip Stal, Director of Nordic Sales, PTC. “As more devices become linked to the Internet, engineers and service personnel are able to see critical data in real time, optimize production and gain insight into areas of improvement, whilst improving time to value. We welcome the opportunity to be part of this technology advancement at Fastems.”

Additional Resources

About Fastems http://www.fastems.com/

Fastems is a supplier of Flexible Manufacturing Systems, robotic-based automation, production control software, gantry and interlinking systems and a wide range of industrial services.  Headquartered in Tampere, with manufacturing facilities in both Finland and Germany, and with sales and service operations globally, Fastems realizes a turnover of 70 million Euros annually and employs 350 persons.

About PTC http://www.ptc.com/

PTC (NASDAQ: PTC) is a global provider of technology platforms and solutions that transform how companies create, operate, and service the “things” in the Internet of Things (IoT). The company’s next-generation ThingWorx® technology platform gives developers the tools they need to capture, analyze, and capitalize on the vast amounts of data being generated by smart, connected products and systems. The company’s field-proven solutions are deployed in more than 26,000 businesses worldwide to generate a product or service advantage. PTC’s award-winning CEO, considered an industry thought leader, co-authored the definitive guides to the impact of the IoT on business in the Harvard Business Review.

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