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Gartner’s Magic Quadrant For Industrial IoT: The Top 16 Vendors In 2019

Gartner details the strengths and weaknesses of 16 market-leading industrial IoT platform vendors in its latest Magic Quadrant For Industrial IoT report.

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Visionary: PTC

The Boston-based vendor's ThingWorx platform focuses on assess monitoring, predictive maintenance and asset utilization solutions, building upon its strong experience of working with assets across vertical markets. ThingWorx gives companies the ability to run the platform in the cloud, in an on-premises deployment or in a hybrid environment. The platform can also hook into existing cloud and IIoT environments for Microsoft Azure IoT Hub, AWS IoT and Rockwell Automation's FactoryTalk. ThingWorx was built through a string of acquisitions, including ThingWorx itselt, ColdLight, Kepware and Vuforia. To sell the platform and support expanded applications, the company relies on a global ecosystem of IIoT-focused technology partners, solution providers and global systems integrators.

[Related: 6 Of The Biggest Announcements From PTC’s LiveWorx 2019]

Strength: Customers have given ThingWorx high marks for its overall experience, most notably for its integration and application enablement and management capabilities.

Weakness: Customers believe the pricing for PTC's ThingWorx Enterprise Edition is 20-50 percent more expensive than competitors for both cloud-based and full on-premises deployments.

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