{"version":"0.17.0","built_at":"2026-10-14T08:34:20.235Z","license":"CC BY 4.0 © Mike Reams","canonical":"https://catalog.mikereams.com","product":{"id":"PR-520","name":"ThingWorx","vendor":"Velotic","category":"Industrial IoT application platform","description":"An industrial IoT platform for linking machine, system and enterprise data and building operational applications on it, with ready-made solutions for asset monitoring, production performance, digital work instructions and connected field products. Formerly PTC's; sold to TPG in March 2026 and now part of Velotic.","website":"https://www.velotic.com/products/thingworx","license_model":"subscription","deployment":["self-hosted","saas"],"aliases":["PTC ThingWorx","ThingWorx AMU","ThingWorx DPM","ThingWorx RTPPM","ThingWorx CWC"],"csdm_note":"One Business Application for the platform and one per packaged solution that has its own owner, each with an Application Service per environment; connected machines are operational assets, not IT CIs.","sources":[{"url":"https://www.velotic.com/products/thingworx","title":"ThingWorx | Velotic"},{"url":"https://www.velotic.com/products/thingworx/digital-performance-management","title":"ThingWorx Digital Performance Management | Velotic"},{"url":"https://www.ptc.com/en/news/2026/ptc-completes-divestiture-of-kepware-and-thingworx-businesses","title":"PTC completes divestiture of Kepware and ThingWorx businesses | PTC"}],"as_of":"2026-10-14","product_capabilities":[{"id":"PC-520.10","name":"ThingWorx Platform","description":"Connects machine, system and enterprise data and provides the tooling to build dashboards and operational applications on top of it.","business_capability_ids":["BC-750.30.10","BC-770.40.20","BC-1110.40"],"maturity":"core","confidence":"high","source_url":"https://www.velotic.com/products/thingworx","business_capabilities":[{"id":"BC-750.30.10","name":"Data Ingestion"},{"id":"BC-770.40.20","name":"Workflow Automation"},{"id":"BC-1110.40","name":"Plant Performance Monitoring"}]},{"id":"PC-520.20","name":"Asset Monitoring & Utilization","description":"Watches asset health and utilization against thresholds and event rules and raises real-time alerts when conditions turn abnormal.","business_capability_ids":["BC-680.40.20","BC-1110.40.20"],"maturity":"strong","confidence":"high","source_url":"https://www.velotic.com/products/thingworx/asset-monitoring-utilization","business_capabilities":[{"id":"BC-680.40.20","name":"Condition-Based Monitoring"},{"id":"BC-1110.40.20","name":"Downtime Capture"}]},{"id":"PC-520.30","name":"Connected Field Assets","description":"Collects performance data from products installed in the field so service teams can monitor them and act before a failure.","business_capability_ids":["BC-1180.50.50","BC-1180.50.40"],"maturity":"strong","confidence":"high","source_url":"https://www.velotic.com/products/thingworx/connected-field-assets","business_capabilities":[{"id":"BC-1180.50.50","name":"Remote Monitoring & Diagnostics"},{"id":"BC-1180.50.40","name":"Installed Base Management"}]},{"id":"PC-520.40","name":"Connected Work Cell","description":"Digital, version-controlled step-by-step work instructions at the workstation, replacing paper and static documents.","business_capability_ids":["BC-1150.30.40","BC-1150.30.10"],"maturity":"strong","confidence":"high","source_url":"https://www.velotic.com/products/thingworx/connected-work-cell","business_capabilities":[{"id":"BC-1150.30.40","name":"Work Instruction Publication"},{"id":"BC-1150.30.10","name":"Standard Work Definition"}]},{"id":"PC-520.50","name":"Digital Performance Management","description":"Tracks production performance digitally and points to the root causes of bottlenecks for continuous improvement work.","business_capability_ids":["BC-1150.50.10","BC-1150.50.20"],"maturity":"strong","confidence":"high","source_url":"https://www.velotic.com/products/thingworx/digital-performance-management","business_capabilities":[{"id":"BC-1150.50.10","name":"Loss Analysis & Prioritization"},{"id":"BC-1150.50.20","name":"Structured Problem Solving"}]},{"id":"PC-520.60","name":"Real-Time Production Performance Monitoring","description":"A ready-made application that captures and shows equipment effectiveness measures for lines and cells as production runs.","business_capability_ids":["BC-1110.40.10","BC-1110.40.30"],"maturity":"strong","confidence":"high","source_url":"https://www.velotic.com/products/thingworx/real-time-production-performance-monitoring","business_capabilities":[{"id":"BC-1110.40.10","name":"Equipment Effectiveness Tracking"},{"id":"BC-1110.40.30","name":"Tiered Performance Review"}]}],"page_url":"https://catalog.mikereams.com/products/PR-520"}}