Telefónica agreed to deploy PTC's ThingWorx Internet of Things platform as part of efforts to advance the development of products and services at its IoT business unit.
Specifically, Telefónica said ThingWorx will extend the capabilities of its smart device service in the fields of rapid application development, connectivity, and analytics capabilities. The operator said those features can enable organisations to cut the time and cost of building and deploying connected product and service applications.
The agreement with PTC, a U.S.-based technology software provider, "positions Telefónica as one of the key players in the IoT arena, providing first-class services to our worldwide customers," explained Vicente Muñoz, chief IoT officer at Telefónica.
Telefónica said it will use ThingWorx to offer its customers business solutions that integrate applications, networks and devices. It added that operator customers will be able to deliver secure and reliable IoT services by utilising the platform's ready-made components and a global ecosystem of partners.
The operator will also offer its customers access to fully integrated solutions and cloud-based deployment of applications -- capabilities Telefónica said will enable organisations to simplify their business processes and rapidly adapt to changing market conditions by rolling out new services and device upgrades.
"Furthermore, it complements our leading smart M2M solution," a platform Telefónica developed to "manage and control IoT communications", Muñoz said.
John Stuart, divisional VP of ThingWorx Partner Development at PTC, said the agreement with Telefónica will enable the company to "bring the power of the Internet of Things to more companies around the world and help them transform the way they do business."
Telefónica's decision to utilise ThingWorx also "reinforces the value of offering rapid application development, connectivity and analytics capabilities in a single package," Stuart explained.
Matt Hatton, founder and CEO of Machina Research recently told FierceWireless:Europe that ThingWorx is a leading contender in the IoT sector, as part of our special report into the companies causing disruption in the market today.
ThingWorx was also one of the first to sign up to a new IoT Portal service launched by Tele2 in May 2015.
- see this Telefónica announcement
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