PTC Announces New Additions to Interconnect Forecasting and Maintenance Forecasting in Servigistics Service Parts Management Solution

[PTC announces addition of Servigistics service parts management solution to new features for interconnect forecasting and maintenance forecasting] On May 2, 2018, PTC (Nasdaq: PTC) announced that it has managed its leading Servigistics® service components. The solution adds new features for interconnected causal forecasting and maintenance forecasting. These new capabilities are driven by ThingWorx® industrial innovation platforms that enable customers to use the data provided by connected devices to improve prediction accuracy, improve service levels and service availability, and reduce inventory investment.

Servigistics provides dedicated solutions and has been dedicated to optimizing the service component network for more than 40 years, helping customers including Pratt & Whitney, Metso and Cummins fully unlock their service business potential. Newly released Servigistics adds new interconnection capabilities, new forecasting algorithms that improve the accuracy of maintenance forecasts, and a whole new set of optimization features, including space capacity optimization, new performance-based logistics management capabilities, and the ability to maximize the use of complex chain inventory New technology. With the latest version, PTC will continue to use its thinking and innovative leadership.

Rob Tomastik, Associate Director of Pratt & Whitney’s Centre of Excellence for Materials, said: “The Pratt & Whitney large-scale commercial engines can provide more than 25% of the world's mainline passenger aircraft fleet with strong momentum. When customers get the required services in a timely manner, we have succeeded. Servigistics ensures that our operations continue to exceed the highest standards."

The new interconnected causal forecasting and maintenance forecasting capabilities have opened up a new generation of predictive accuracy and inventory optimization capabilities for service component supply chains. Today, Servigistics supports the removal of SLPs (LLPs) and turnovers as well as predictive maintenance events through the state prediction of serialized components. Through the data support of interconnected devices and components, these new features help users improve the prediction accuracy with proprietary algorithms and ThingWorx managed by Servigistics service components.

Leslie Paulson, General Manager of PTC Logistics Business Unit, said: “Many of our customers are using ThingWorx to innovate and benefit from the Internet of Things and its digital transformation. Servigistics enables customers to use the data value of connected assets to improve service business and expand their own customers. service."

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