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Glassbeam Announces Customer Success With ThingWorx in IoT Analytics Market

SANTA CLARA, CA--(Marketwired - May 4, 2015) - Glassbeam, Inc., the machine data analytics company, today announced that its collaboration with ThingWorx, a PTC business, has facilitated signing up a new customer along with several other prospects in the pipeline. Glassbeam joined the ThingWorx partner ecosystem as a ThingWorx Ready™ partner, and built a technical connector into the ThingWorx platform earlier this year.

The ThingWorx® rapid application development IoT platform is designed to build and run applications for the connected world. It enables customers to reduce the time, cost, and risk required to build innovative applications for smart, connected products. Glassbeam's proven IoT analytics as a service provides advanced machine learning and real-time analytics, taking in and analyzing data collected and stored inside the ThingWorx platform. Together these two solutions allow customers to reduce costs, increase revenues, and accelerate product time to market while improving customer satisfaction and retention.

VytronUS, one of the foremost clinical stage medical device companies, has selected the ThingWorx and Glassbeam solutions to collect and analyze machine data information from its systems.

"Machine connectivity and analytics is an important design element at VytronUS," said Danielo Piazza, Director of Engineering, VytronUS. "Having a well-integrated end-to-end solution for meeting this goal from ThingWorx and Glassbeam will make our job much easier in the future. It will greatly enhance our ability to get timely, accurate and insightful analytics from our machines in the installed base."

"Customers need the ability to derive new intelligence from data, and we're building out our certified partner marketplace to meet that need," commented Chris Kuntz, Vice President of Ecosystem Programs, ThingWorx, a PTC business. "The addition of Glassbeam allows customers to analyze their data directly in the Glassbeam platform. It's a powerful and complementary offering to the ThingWorx platform."

"We believe that Glassbeam and the ThingWorx platform working in tandem as an end-to-end solution for customers to view rich analytics, based on data in their machines and from adjacent applications, is highly valuable," commented Puneet Pandit, CEO and co-founder of Glassbeam. "We knew that our collaboration with ThingWorx was going to be successful. Now, with the addition of VytronUS as a customer and active prospect discussions, we're excited about the possibilities created by this collaboration."

"Modeling and analyzing complex machine data is a huge market opportunity that has not been well addressed yet in the market place," said Glen Allmendinger, President of Harbor Research. "Glassbeam and ThingWorx exemplify a true end-to-end solution for modeling and managing complex machine data analytics. We anticipate many more end customers adopting these solutions in the near future as the demand for end-to-end solutions continues to increase."

About Glassbeam
Glassbeam is the machine data analytics company. Bringing structure and meaning to data from any connected device, Glassbeam provides actionable intelligence around the Internet of Things. Glassbeam's next generation cloud-based analytics platform is designed to organize and analyze multi-structured data, delivering powerful product and customer intelligence for companies including IBM, HDS, Violin Memory, Aruba Networks and Meru Networks. For more information, visit www.glassbeam.com.

About the ThingWorx Ready™ Program
ThingWorx partners provide a wide variety of products throughout the entire IoT value chain -- from software systems and cloud platforms to smart sensors, devices, gateways and machines that make the connected world a reality. The ThingWorx Ready Program allows hardware and software companies to pre-integrate their product with the ThingWorx® rapid application development platform, greatly simplifying the creation and deployment of IoT solutions. These companies provide a wide variety of products throughout the entire connected world value chain -- from software systems and cloud platforms to smart sensors, devices, gateways and machines. Becoming ThingWorx Ready enables customers to reduce the cost and risk of Internet of Things deployments for end customers, helping accelerate the growth of the overall space.

ThingWorx, ThingWorx Ready and PTC are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and in other countries.