Internet of things key to fast product design improvement, says PTC
The internet of things (IoT) is taking product lifecycle management (PLM) to a different level, according to Jim Heppelmann, president and CEO of PTC. Traditionally, digital 3D models have been transformed into physical products, but there has been no feedback loop, he told attendees of PTC LiveWorx Europe 2015 in Stuttgart, Germany. By incorporating software in the design of farming equipment, for example, harvesting equipment can track yields. That data can be stored in a database and sent to the tillage equipment in the spring.