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Notably, PTC’s ThingWorx continues to gain rapid adoption. The transition to subscription business model from a perpetual license model is further expected to drive recurring revenue growth.
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Moreover, increasing recurring software revenue base (90% in the last reported quarter) is a positive. The acquisition strengthens PTC’s Creo portfolio offerings. Its technology makes the design process quicker and innovative. Frustum uses artificial intelligence (AI) to generate design options. PTC also acquired Frustum for approximately $70 million in the quarter. The latest solution helps manufacturers accelerate their digital transformation initiatives. The company also launched KEPServerEX Version 6.6 industrial connectivity platform that extend Kepware’s market-leading position in computer numeric control (CNC) and injection molding machine (IMM) connectivity. The solution is supported PTC’s ThingWorx Industrial IoT Platform, which includes industrial connectivity from Kepware, and the Vuforia augmented reality (AR) solution. During the quarter, PTC and Rockwell Automation launched FactoryTalk InnovationSuite. The company is benefiting from its partnership with Rockwell Automation. In fact, management expects IoT to become its second-largest source of bookings in fiscal 2019.
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Notably, IoT represented 25% of the company’s bookings in 2018. PTC’s top line is expected to benefit from strong CAD and industrial IoT bookings. Solid Bookings & Recurring Revenues: Key Catalysts You should now have a successful connection from Ignition to Kepware.Let’s see how things are shaping up prior to this announcement. If you are not using a NAT, you should leave these blank. If you are using a NAT to access your Kepware server from a remote subnet, you will need to override your endpoint hosts under the advanced settings, identified by the blue arrows. You will need to enter your end point and user information from steps 2 and 3 here. On the Ignition gateway, click “OPC Connections” > “Servers” > “Create new OPC Server Connection….”.Configure connection from Ignition to Kepware.
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Click “Reinitialize” to re-initialize the Kepware Runtime.Click “Trusted Clients” tab > “Import…” button to import the previously exported client certificate.Click “Download” to export your Client Certificate.Make sure you add end points for the interfaces you want to use by clicking the “Add…” button.Click “User Manager” tab > Add user button.Change the “Allow anonymous login” option to “No”. You could probably skip this step, but we feel it adds a bit more security, so we do it. Here is a guide for connecting Ignition to a Kepware OPC-UA server.
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