I have to admit, until yesterday, I had never heard of PTC Inc (NASDAQ:PTC). While looking over the Yahoo Earnings Release calendar to see if there was anything newsworthy to report on, I saw PTC had just released earnings and made the unconscious link to a UBS technology industry report I had read the day before. That UBS report had made reference to PTC as an interesting mid-market SaaS play. My three strong cups of coffee this morning had done their job! So after checking PTC out on Google Finance, I headed over to the PTC website to see what the company does.
Infographic of PTC's ThingWorx IoT technolgy platform
