ThingWorx™, a PTC Technology, provides the leading Internet of Things (IoT) application platform and development tools with the most advanced cloud-based service and software for managing connected products and machines. Combining ThingWorx and Axeda Machine Cloud™ technology allows companies to reduce application development efforts, minimizing cost, risk, complexity and time to market so they can quickly build and deploy IoT applications to optimize business processes and create new business models.

Parent Company
Downingtown, US
ThingWorx is headquartered in Downingtown, US
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Key People/Management at ThingWorx

John Schaefer

John Schaefer

Vice President of Product Development

ThingWorx Office Locations

ThingWorx has an office in Downingtown
Downingtown, US (HQ)
55 Country Club Drive
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ThingWorx Financials and Metrics

Summary Metrics

Total Funding

$5 m


In total, ThingWorx had raised $5 m. ThingWorx is a subsidiary of PTC
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ThingWorx News and Updates

Device Connection Platform Market Show Exponential Growth by 2025

The device connection platforms are primarily used for automating the M2M (Machine to Machine) connectivity as the industries are focusing on implementing the automation in the platforms. Posted via Industry Today. Follow us on Twitter @IndustryToday
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