PTC, a computer software and services company, has extended its partnership with Rockwell Automation to enhance collaboration on the Industrial Internet of Things (IIoT) and augmented reality (AR) technologies in the manufacturing sector. The partnership leverages PTC’s ThingWorx IoT tools such as its Digital Performance Management platform to provide companies with essential tools for their manufacturing digital transformations. Furthermore, PTC provides manufacturers worldwide with solutions that accelerate their products and services, streamline operations, and boost productivity for the global workforce.
The industrial IoT solutions aim to create novel use cases across manufacturing, including asset monitoring, quality control inspections, and predictive maintenance. These will bring real value to Rockwell Automation customers and improve efficiencies and productivity in their factories. The industrial metaverse depends on extended reality (XR) technologies, which are the building blocks that form the future of product design and safeguard supply chains. Emerging technologies such as cloud and edge computing, digital twins, 5G, blockchain, cryptocurrency, artificial intelligence (AI), and XR devices integrate into workflows to develop optimised, automated systems with industrial internet of things tools.
The integration of these technologies leads to better and more interconnected and accurate data usage. This will result in better feedback loops for analysing, monitoring, and utilising digital twins in real-time, leading to downstream effects for production processes such as boosting time to production, time to market, expenses, error reduction, and return on investment (ROI). Dr Colin Parris, Chief Technology Officer, GE Digital, explained that the industrial metaverse relies on several key building blocks that involve the strategic implementation of immersive technologies, leading to a growing ecosystem of technologies and use cases.
The Pinnacle Sponsor partnership between PTC and Rockwell Automation was showcased at PTC’s LiveWorx event at the Xtropolis venue, which exhibited multiple manufacturing technologies from companies exhibiting at the time. Further Automation fairs will take place in early November at the Boston Convention and Exhibition Center. Blake Moret, Chairman and Chief Executive, Rockwell Automation, stated that the company will continue to leverage PTC software as an important component of their global customers’ digital manufacturing solutions.