INDUSTRIAL INNOVATION
POWER OF COLLABORATION
PTC
PTC extends alliance with Rockwell Automation and
Microsoft to launch ‘Factory Insights as a Service’
Three of the world’s leading specialists on
industrial innovation have joined forces
to launch a new solution that will help
manufacturers achieve a 90% reduction in
development time and increased speed to
market.
PTC, Microsoft and Rockwell Automation
unveiled ‘Factory Insights as a Service’ in
front of tens of thousands of delegates
at the virtual LiveWorx® 2020 digital
transformation, with the promise of giving
companies unprecedented impact, speed
and scale with their digital transformation
initiatives.
The turnkey cloud solution harnesses
FactoryTalk® InnovationSuite, ThingWorx®,
Kepware®, and Vuforia® technology, whilst
also leveraging Microsoft’s cloud, industrial
IoT and edge services, including Azure IoT
Hub and Azure IoT Edge.
This enables manufacturers - across a
variety of sectors - to rapidly connect
individual sites and implement projects
across their enterprise network, covering
real-time production performance
monitoring, asset monitoring and utilisation,
connected work cells and digital and
augmented work instructions.
“‘Factory Insights as a Service’ offers our
industrial customers a leaner, accelerated
approach to digital transformation,” said
Jim Heppelmann, President and CEO of
PTC.
“The offering reduces reliance on IT and
Operational Technologies resources,
and, most importantly, takes a value-first
approach allowing customers to save time
and money by reducing the complexity
they would typically undertake as part
of an industrial internet of things (IIoT)
implementation and digital transformation
effort.”
In today’s digital-first environment,
manufacturers require solutions that
solve complex infrastructure issues, data
accessibility challenges and reduced
resources.
With ‘Factory Insights as a Service’,
manufacturers can achieve a 90% reduction
in development time and cost and as much
as 90% faster time-to-value for the most
critical high-value use cases underpinning
industrial digital transformation.
“Simplifying and accelerating digital
transformation initiatives for our clients
is a fundamental driver for our alliances
with PTC and Microsoft,” said Blake Moret,
Chairman and CEO of Rockwell Automation.
“‘Factory Insights as a Service’ builds
on the breakthrough capabilities of
FactoryTalk InnovationSuite to quickly
operationalise some of the most critical
use cases improving production, asset and
workforce efficiency, while future-proofing
our customers’ digital transformation
roadmap.”
Jason Zander, Executive Vice President
Microsoft Azure at Microsoft, concluded:
“We believe in the power of collaborations
to help manufacturing companies
accelerate the delivery of value to their
customers and unlock new business
opportunities.
“By teaming up with PTC and Rockwell
Automation to converge IT and Operational
Technologies excellence, we empower
businesses to rapidly deploy their relevant
use cases at scale - from asset, workforce,
and production floor performance to
accelerate impact across the global
production network.”
To learn more visit www.ptc.com/en/resources/manufacturing/webcast/factory-insight-as-a-service
80 PECM Issue 45