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Technology Stocks : Growth Investing

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From: JakeStraw3/20/2019 9:26:35 AM
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PTC Inc. (PTC) offers a comprehensive way to invest in automation. Its industrial innovation platform has been embraced across every sector. From aerospace and automotive to oil and gas to retail, leading companies use PTC software to automate processes and maximize competitiveness.

The Boston-based company boasts 800 partners and a developer ecosystem 550,000 strong. They are all focused on one really big idea: Networks of connected things should provide total awareness. PTC software makes those connections seamless.

ThingsWorx, its Internet of Things platform, allows companies to quickly build, connect and analyze networks of sensors, machines and software protocols. According IT research firms Gartner, IDC, and many others, ThingsWorx is best-in-class.

Bain & Co., a global management consulting firm, predicted in 2018 that the combined market for IoT software, hardware, systems integration, and data services will grow to $520 billion by 2021, more than double the 2017 spend.
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