ColdLight Named to Philadelphia 100 for Sixth Consecutive Year

PTC (Nasdaq:PTC), a global provider of technology platforms and enterprise solutions to create, operate and service smart and connected products, today announced ColdLight is ranked #10 on The Philadelphia 100 list of the fastest growing companies in the region for 2015.

PTC acquired ColdLight, a visionary in machine learning and predictive analytics, in May 2015.

“The Philadelphia region is full of innovative, successful companies that are serving the community through consistent growth,” said Ryan Caplan, president and general manager, ColdLight, a PTC Business. “For ColdLight to be a Philly 100 winner for six consecutive years it validates the team, the technology and the services that are helping our customers. We are honored to once again be part of the prestigious Philadelphia 100 list for 2015.”

The Internet of Things unleashes a massive opportunity for organizations and solution developers to build intelligent application and systems to mine information out of raw data. To do this, a new generation of big data analytics tools is needed. The Neuron® technology from ColdLight enables developers to integrate automated advanced and predictive analytic capabilities into the applications and solutions they create without having to be a data scientist, expert in complex mathematics or a machine-learning expert. When Neuron is combined with the PTC ThingWorx® IoT platform, solution developers gain a powerful set of integrated capabilities that allow them to rapidly create holistic solutions for their IoT environments. These solutions can quickly be developed to tackle many challenges within the IoT world – such as predictive maintenance and manufacturing optimization.
 

About The Philadelphia 100

 
The Philadelphia 100® is sponsored by the Entrepreneurs’ Forum of Greater Philadelphia, Philadelphia Business Journal, and the Wharton Small Business Development Center, which conduct a yearly research project searching for the top businesses that form the backbone of the region’s economy. The Philadelphia 100® is based on demonstrable revenue growth documented by federal tax forms or audited financial statements. The purpose of this award is to bring together the region’s top companies in an effort to provide education, leadership, growth, and networking opportunities. For a complete list of 2015 winners, visitwww.philadelphia100.com.
 

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 more than 28,000 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.

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