How ThingWorx powers lean operations

September 5, 2023 - Research X160

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Nucleus interviewed multiple PTC ThingWorx customers and found benefits including improved operational efficiency and reduced costs. Specific cited quantitative benefits include an over 93 percent improvement in data ingestion speed, an over 35 percent improvement in OEE for certain machinery, cost savings of over $200,000 per machine on an annual basis, and the identifying of a high-risk $750,000 part on the shop floor that could have shut down operations had it broke unexpectedly. These findings position ThingWorx as a strong choice for organizations looking to conduct value-based IIoT initiatives.

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