PTC Joins China's Home Appliances Industry Intelligence Strategic Alliance to Build Local Home Appliance Intelligent Manufacturing Technology System

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PTC (NASDAQ: PTC) today announced that it has joined the Strategic Alliance for Smart Appliances in China's Home Appliances Industry (the "Alliance") and has partnered with research institutes and manufacturer partners engaged in smart manufacturing technologies and services for the home appliance industry to jointly develop the home appliance industry Smart manufacturing innovative service platform, and actively carry out collaborative innovation practice, explore the depth of integration of manufacturing and the Internet, creating a smart home appliance industry to create a new technology system.

Under the guidance of the Ministry of Industry and Information Technology, the alliance aims at smart manufacturing as a starting point to promote the appliance industry to make breakthroughs in the core of intelligent manufacturing industry chain, key links and fields, seize the strategic high ground of intelligent manufacturing and upgrade the domestic appliance industry Global industry chain status.

Intelligent manufacturing is an important trend in the manufacturing industry. In the face of the requirements of smart manufacturing, PTC is devoted to promoting the new product technology system of "Internet of Things + Application Platform" and helping manufacturing enterprises to achieve smart manufacturing solutions and engineering practices. PTC has the world's most powerful IoT technology dedicated to helping organizations change the way things are created, operated and maintained in the Internet of Things. Since 2013, PTC has invested $ 700 million in the IoT technology chain, Already owning an IoT application platform built by ThingWorx; a data connectivity channel built by Axeda and Kepware; a Big Data analytics platform powered by ColdLight and a complete IoT product portfolio and technology portfolio comprised of Vuforia's augmented reality interactive platform , To achieve the Internet of Things in the creation, interconnection, analysis and experience, and other multi-level capabilities.

In the global competition in home appliances, made in China has become the protagonist of the stage center. At the same time, manufacturing has become the main battlefield for the implementation of "Internet +" operations. The deep integration of manufacturing and the Internet has an important role in accelerating the quality and efficiency of "Made in China".

Shou Yucheng, PTC Global Vice President and President of China, said: "We are very honored to be able to join the 'Smart Home Appliance Industry Strategic Alliance' in China, and PTC is willing to actively cooperate with innovative elements in the alliance to further tap the mutual benefits of manufacturing and the Internet Financial value.With PTC's practical ability in the "Internet of Things + application platform", and PTC's continuous efforts to promote the integration of the digital world and the physical world, we expect to bring new inspiration for the Chinese home appliance industry to help manufacturing Manufacturers continue to improve business processes, intelligent layout of Internet product development and innovation, and thus seize the opportunities for the development of things. "

It is learned that the alliance will focus on nurturing strategic emerging industries in intelligent manufacturing services, integrating intelligent manufacturing of innovative service resources, fostering intelligent manufacturing industry innovation format, and promoting the generation of information technology represented by big data, Internet of things, mobile Internet and cloud computing.

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