The industrial landscape is undergoing a massive transformation as legacy Operations Technology (OT)—the hardware and software used to control physical machinery—begins to merge with modern data analytics. Velotic’s emergence as an independent software powerhouse signals a shift toward unified, AI-ready ecosystems that can handle the sheer scale of industrial data. By consolidating GE Vernova’s Proficy with PTC’s Kepware and ThingWorx, the new company creates a hardware-agnostic layer that allows factories to connect disparate machines into a single digital thread.

This consolidation addresses a major pain point for manufacturers: data silos. Traditionally, production management and connectivity tools lived in separate worlds, making it difficult to implement advanced machine learning models effectively. Velotic’s integrated suite aims to bridge this gap, providing the digital plumbing necessary for real-time visibility and predictive maintenance. With over $300 million in revenue at launch, the firm is positioned to compete directly with established giants in the industrial automation space.

Leadership is a cornerstone of this launch, with James Heppelmann (former CEO of PTC) taking the role of Executive Chairman. His experience in shifting industrial firms toward subscription-based software models will be critical as Velotic pushes for rapid AI adoption. The goal is to provide manufacturers with tools that do not just collect data, but translate it into actionable operational decisions, ensuring that reliability and safety remain intact while efficiency improves.

The industrial landscape is undergoing a massive transformation as legacy Operations Technology (OT)—the hardware and software used to control physical machinery—begins to merge with modern data analytics. Velotic’s emergence as an independent software powerhouse signals a shift toward unified, AI-ready ecosystems that can handle the sheer scale of industrial data. By consolidating GE Vernova’s Proficy with PTC’s Kepware and ThingWorx, the new company creates a hardware-agnostic layer that allows factories to connect disparate machines into a single digital thread.

This consolidation addresses a major pain point for manufacturers: data silos. Traditionally, production management and connectivity tools lived in separate worlds, making it difficult to implement advanced machine learning models effectively. Velotic’s integrated suite aims to bridge this gap, providing the digital plumbing necessary for real-time visibility and predictive maintenance. With over $300 million in revenue at launch, the firm is positioned to compete directly with established giants in the industrial automation space.

Leadership is a cornerstone of this launch, with James Heppelmann (former CEO of PTC) taking the role of Executive Chairman. His experience in shifting industrial firms toward subscription-based software models will be critical as Velotic pushes for rapid AI adoption. The goal is to provide manufacturers with tools that do not just collect data, but translate it into actionable operational decisions, ensuring that reliability and safety remain intact while efficiency improves.