Apparel identification and RFID business Nexgen Packaging is to use PTC‘s ThingWorx Internet of Things (IoT) platform to develop a range of design and delivery solutions for the retail, apparel and footwear industry.
The collaboration will see ThingWorx serve as the platform on which Nexgen will build its cloud-based solutions for the retail, apparel and footwear markets targeted at transforming the ordering, manufacturing and delivery of brand ID offerings and other product components.
The agreement will enable Nexgen to leverage and expand its integration with PTC FlexPLM software announced earlier this month. The company says it will rely on PTC’s open cloud architecture, which will enable Nexgen to optimise the development and delivery of its products and services.
“Our customers are looking for ways to accelerate the time it takes to bring products to market and reduce the costs associated with the delivery of these products,” says Jim Welch, Nexgen EVP and GM. “Nexgen is enhancing its industry leading software solutions to provide real-time supply chain visibility and key to this is the PTC ThingWorx IoT platform.
The platform “will allow us to quickly and effectively aggregate customer and industry data and provide our customers with unique insights via the predictive analytics and machine learning capabilities of ThingWorx.”
PTC’s ThingWorx includes a rapid application development platform, connectivity, machine learning capabilities, augmented reality, and integration with leading device clouds. The features are designed to enable companies to securely connect assets, quickly create applications, and innovate new ways to capture value.