# ThingWorx: what it sells, price and AI features

URL: https://www.newsprint.com/companies/thingworx/
Covers: March 17 to Sept. 1, 2026
Updated: 2026-11-11
License: CC BY 4.0, https://creativecommons.org/licenses/by/4.0/
Cite as: Newsprint, "ThingWorx: what it sells, price and AI features", https://www.newsprint.com/companies/thingworx/, updated 2026-11-11

> ThingWorx is on the AI manufacturing operations software map. We record 2 dated launches and events for it. The latest is dated Sept. 1, 2026.

"Transform industrial data into intelligent action." ThingWorx, now part of Velotic, is an industrial intelligence platform that connects and contextualizes data from machines and systems, shows real-time operational dashboards and speeds up building industrial applications. Operations, engineering and IT teams use it. ThingWorx 10.2 adds an AI Assistant, native AI agents and an MCP server. Source: [velotic.com](https://www.velotic.com/thingworx).

## Facts

- Site: [velotic.com](https://www.velotic.com/thingworx)
- Category: Industrial data platforms
- Status: Active

## On the research maps

### [The AI manufacturing operations software map](https://www.newsprint.com/research/manufacturing-operations-software/#co-thingworx)

"Transform industrial data into intelligent action." ThingWorx, now part of Velotic, is an industrial intelligence platform that connects and contextualizes data from machines and systems, shows real-time operational dashboards and speeds up building industrial applications. Operations, engineering and IT teams use it. ThingWorx 10.2 adds an AI Assistant, native AI agents and an MCP server. Source: [velotic.com](https://www.velotic.com/thingworx).

- Category: Industrial data platforms
- Price: not published; sales-led
- AI capabilities: Named agent, Assistant, Data contextualization, Production analytics and MCP or agent API
- Scale: Enterprise incumbent: a public company or nine-figure revenue (Velotic, owned by TPG, says it has more than $300 million of revenue across ThingWorx, Kepware and Proficy.)

Sources: [velotic.com](https://www.velotic.com/thingworx), [velotic.com](https://www.velotic.com/), [tpg.com](https://www.tpg.com/news-and-insights/velotic-launches-to-shape-future-of-industrial-manufacturing-software) and [community.ptc.com](https://community.ptc.com/thingworx-developers-185/thingworx-10-2-is-available-now-175818).

## Launches and dated events, newest first

### ThingWorx 10.2 adds an AI Assistant, agents and an MCP server

Launch, Sept. 1, 2026. ThingWorx 10.2 adds the ThingWorx AI Assistant, AI Runtime and Agent Services, a native AI Agent entity, integrated MCP support and governance tools. The MCP server and namespace framework are generally available.

Source: [Vendor community post](https://community.ptc.com/thingworx-developers-185/thingworx-10-2-is-available-now-175818). From [the AI manufacturing operations software map](https://www.newsprint.com/research/manufacturing-operations-software/#co-thingworx).

### TPG closes its purchase of ThingWorx and launches Velotic

Acquisition, March 17, 2026. TPG closed its acquisitions of PTC's ThingWorx and Kepware and GE Vernova's Proficy and launched Velotic to hold all three. ThingWorx stays a distinct product line.

Source: [TPG release](https://www.tpg.com/news-and-insights/velotic-launches-to-shape-future-of-industrial-manufacturing-software). From [the AI manufacturing operations software map](https://www.newsprint.com/research/manufacturing-operations-software/#co-thingworx).

## Methodology and corrections

How we track launches, and how to report an error: https://www.newsprint.com/updates/pr-software/#methodology