Sasken Technologies and PTC to leverage expertise in IoT space

In order to solve business challenges for customers in the Internet of Things (IoT) space, Sasken Technologies, a leading product engineering and digital transformation solutions provider, has signed a partnered deal with PTC, a global provider of technology platforms and solutions that transform how companies create, operate, and service products.
 
Sasken is working on developing its industrial IoT solutions leveraging the ThingWorx industrial IoT platform and Kepware technology from PTC. The ThingWorx platform from PTC has been appreciated by independent analyst firms, including Compass Intelligence, Experton Group, Forrester Research, IDC IoT Analytics, and Lux Research.
 
Meanwhile, on Friday, the stock of Sasken closed lower by 1.45% at Rs 454 per share on the BSE. It attracted total traded volume of 7,067 shares and traded value of Rs 32.32 lakhs on the NSE whereas the benchmark index Nifty closed lower by 66.75 points at 9,837. Sensex ended lower by 270.78 points at 31,524.