Glassbeam Partners With PTC to Address Large Untapped IoT Market for Machine Data Analytics
"Powered by ThingWorx" Agreement Unleashes New Synergies for Connected Product Manufacturers
SANTA CLARA, CA--(Marketwired - Jun 6, 2016) - Glassbeam, Inc., a premier machine data analytics company, today announced a new technology and distribution partner agreement with PTC, a market leader in the IoT industry. Glassbeam has signed on to become a "Powered by ThingWorx" OEM partner of PTC to address a significant industry pain point -- the ability to transform unstructured machine data to drive complex machine learning and real-time advanced analytics for manufacturers of connected products.
Traditional analytics associated with connected products and machines has focused on structured sensor data. While providing value, emphasis on sensor data alone ignores the significant business intelligence that can be gleaned by effective ingestion, parsing and analysis of unstructured machine data. The combined solution enables product manufacturers to effectively mine their machine data and uncover findings that can materially alter the economics of building, marketing and supporting connected products.
As part of the collaboration, Glassbeam has integrated its core set of adaptors and data transformation engine with the ThingWorx® IoT Platform and ThingWorx® Analytics -- thereby providing a holistic, end-to-end application for building truly connected products. This combined solution is already being deployed at joint customers in the medical devices, smart grid, storage and data center industries to dramatically improve support and engineering operations.
"Historically, the industry has operated as if unstructured data generated from connected products is too complex to ingest and analyze on account of its sheer heterogeneity," said John Stuart, Divisional Vice President, ThingWorx Partner Development, PTC. "Glassbeam's transformation and Analytics engine dramatically simplifies the process of analyzing unstructured data, and this collaboration opens up numerous new markets and opportunities for PTC in the IoT space."
"Offering world-class Customer Service in the IoT era requires a comprehensive and scalable Analytics platform that is well-integrated with our existing Support workflow," states Brett Flinchum, VP of Global Customer Success at Springpath. "Glassbeam is the first Complex Machine Logs Analytics platform that has true credentials in transforming unstructured data into actionable information for our support organization."
"I have been impressed by Glassbeam's capabilities and pedigree right since the moment I began following the company," said Glen Allmendinger at Harbor Research. "This initiative with PTC is another natural, yet impressive, step in the company's growth trajectory and I think the joint offering will offer tremendous value to the entire IoT industry."
"We cannot think of a more beneficial and synergistic offering for effective analysis of complex unstructured data that is typically generated in log files," said Puneet Pandit, CEO of Glassbeam. "In a short time since the integration, and with near-zero marketing or evangelism, we have seen tremendous customer interest in the market in this exciting end-to-end offering by PTC and Glassbeam."
Glassbeam is the premier machine data analytics company bringing structure and meaning to complex data generated from any connected machine in the IoT industry. Glassbeam's next generation cloud-based platform is designed to transform and analyze multi-structured data, delivering powerful solutions on customer support and product intelligence for companies including IBM, EMC, Springpath, Gridscape, Aruba Networks, and Dimension Data. For more information visit http://www.glassbeam.com or follow us on Twitter @Glassbeam.
PTC and ThingWorx are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.
VP of Marketing
Congratulations to Glassbeam for winning ThingWorx Ready Partner of the Year.