PTC deployed PTC Orbit in June 2026, a cloud-native platform that aggregates asset data from multiple enterprise systems and applies AI to detect service patterns, calculate asset health scores, and forecast maintenance demand. It is designed to give engineering, quality, and service teams a unified, current view of each physical asset after it has shipped to customers.

PTC Orbit connects data from PLM, ERP, CRM, IoT, enterprise asset management (EAM), and field service management (FSM) systems into a single unified asset record. AI is applied to identify service failure trends, compute real-time asset health scores, and forecast service and maintenance demand by asset group, geography, and account. Teams can interact with asset data through an AI canvas interface that surfaces insights contextually rather than through static dashboards. The product was announced at PTC NEXT Chicago on June 10–11, 2026, and is confirmed as generally available based on the launch announcement.