PTC LiveWorx 2016

PTC LiveWorx returned to Boston in 2016 and a major focus was the power and potential of the Internet of Things which was showcased through use cases, demonstrations and industry speakers. PTC announced a number of new connected service solutions at the four-day event including the PTC Remote Service which enables service and support technicians to remotely identify, diagnose and resolve issues while continuously monitoring key performance parameters in connected equipment. Also introduced was PTC Connected Service Parts Management with which service organisations can utilise data from connected assets directly to more accurately forecast and plan service parts demand.

During his opening keynote, PTC President and CEO Jim Heppelmann discussed the power and capability of the IoT through live demonstrations with customer companies, including Caterpillar Inc., the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives, and Flowserve, one of the world’s largest manufacturers of pumps, valves, seals, and components to the process industries. Heppelmann also unveiled the company’s new branding, including its new logo that visually represents the convergence of the physical and digital and the company’s focus and leadership in the IoT.

A common theme throughout the event was the importance of STEM (science, technology, engineering, and math education). Keynote speakers Adam Savage and Jamie Hyneman, co-hosts and executive producers of the hit Discovery Channel TV show MythBusters, talked about the series’ impact on STEM, calling it an unexpected but rewarding aspect of the entertaining and educational TV show that aired for 14 seasons.