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PTC ThingWorx Joins MK:Smart to Enable Rapid Development for Internet of Things Applications

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MK:Smart has created a Smart City model for the rest of the world to follow 

FARNBOROUGH, UK – 10 February, 2016 – PTC (Nasdaq: PTC) today announced ThingWorx, a PTC technology, is joining the MK:Smart project, a £16M HEFCE (Higher Education Funding Council for England) smart-city initiative, led by the Open University, which aims to tackle barriers to economic growth in the city of Milton Keynes, UK. ThingWorx will provide a rapid application development environment as an additional feature to the MK data hub. Partners of this project include BT, Milton Keynes Council and UCMK (University Campus Milton Keynes), supported by ThingWorx Partner InVMA.

The MK Data Hub enables a data-centric approach to open innovation and provides a platform that can be used to deliver apps and services to address the challenges of an expanding city. This provides opportunities for local companies to take data-driven innovations to market.

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ThingWorx provides a purpose-built IoT application development environment that is free to SMEs (small and medium-sized enterprises) in MK:Smart for the development of their market-ready applications. Pre-connected to data available in the Data Hub and open to new data sources, the ThingWorx® platform will accelerate the development process of combining data sets and building rich, interactive applications.

Training and advice for SMEs is provided by the team at UCMK, supported by BT and ThingWorx Partner InVMA. In addition to this technical support, MK:Smart offers a range of business engagement activities for innovative SMEs who are seeking to engage with the MK Data Hub to build new data-driven applications and services.

“ThingWorx is a great addition to the MK Data Hub,” said Professor Enrico Motta, Open University, Project Director, MK:Smart. “It will enhance our platform by facilitating rapid prototyping and delivery of IoT applications, a key aspect of smart city solutions. I am looking forward to seeing the results from this exciting collaboration.”

“ThingWorx is honored to join MK:Smart, one of the world’s preeminent smart city initiatives,” said Russ Fadel, president, ThingWorx. “Integrating ThingWorx with the MK Data Hub will not only enable universities, high tech businesses and incubators to quickly and securely deliver IoT applications that unlock the value in the city’s open data sets, but also to accelerate economic growth in Milton Keynes by promoting the creation of new local business ventures. MK:Smart is truly demonstrating the way forward for cities around the world.”

Image: Milton Keynes, UK

About PTC

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 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.

The Open University 

The Open University’s mission is to be open to people, places, methods and ideas. We promote educational opportunity and social justice by providing high-quality university education to all who wish to realise their ambitions and fulfil their potential. Through academic research, pedagogic innovation and collaborative partnership we seek to be a world leader in the design, content and delivery of supported open learning.

UCMK

University Campus Milton Keynes (UCMK) is part of the University of Bedfordshire. The University has a history of world-leading research, including work with the technology domain. UCMK works as part of the MK Data Hub work undertaken as part of MK:SMART and has contributed to the development of this city-wide infrastructure

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

Lydia Mageean Lydia Mageean has been part of the WhichPLM team for over six years now. She has a creative and media background, and is responsible for maintaining and updating our website content, liaising with advertisers, working on special projects like the Annual Review, and more.Joining mid-2013 as our Online Editor, she has since become WhichPLM’s Editor. In addition to taking on writing and interviewing responsibilities, Lydia has also become the primary point of contact for news, events, features and other aspects of our ever-growing online content library and tools.