Onshape is the latest entrant to the elite club of professional CAD products. A cloud-based tool designed to foster collaboration, Onshape represents a new approach to design. Will the CAD community accept work flows based in the cloud? This team of veterans from SolidWorks and other CAD and high tech pioneers thinks so.
Slammed by currency fluctuations and the move to subscription income, PTC needs its big Internet of Things story to kick in. By Randall S. Newton After a pop-the-corks fourth quarter (See “PTC says the plan is working”), PTC today reported a lackluster first quarter for fiscal 2015 (ended January 3, 2015). Total revenue for the […]
PTC collaborates with University of Tokyo to build better replacement hearts.
Five billion Internet-connected objects by 2019, and PTC plans to be in the middle of it all. Tom Lansford reports from Stuttgart, Germany. By Tom Lansford PTC is a major player in CAD and PLM. However, the company’s strategic push continues to focus on fulfilling customer needs related to seven major forces impacting the manufacturing […]
PTC puts 2014 in the win column and sees good growth in the future as the industry enters next wave of product design and manufacture technology.
A new partnership between PTC and the University of Utah will help equip a novel student think tank. The new $45 million Lassonde Studio at the University of Utah will become a state-of-the-art collegiate think tank when it opens Fall 2016. One part student residence, one part research center and one part maker garage space, […]
The pioneer in visualization/simulation has a new deal with ZSpace. Virtalis has been very busy over the past 90 days, most recently showing its technology at PTC Live, where it demonstrated its new plug-in for Creo View and announced a strategic partnership with ZSpace. The company has seen considerable expansion in the past few years. […]
The CAD/PLM vendor makes another acquisition in the Internet of Things. Customers are finally buying into Creo with gusto. By Randall S. Newton PTC (Nasdaq: PTC) today reported third quarter results at the high end of its previous guidance, with revenue of $336.6 million, up 6.66% from the year-ago quarter. Growth was strong in its […]
Correspondent Tom Lansford describes the top features of Creo 3 from the recent PTC Live Global event in Boston. PTC Creo 3.0 is a major release for the parametric design experts from Boston. Presenting “Unite Technology”; which implements PTC’s promise for AnyData compatibiilty in multi-CAD environments. Brian Thompson took the stage in Boston to deliver […]
From introducing recent acquisition ThingWorx to buying a systems engineering specialist, PTC wants its users to think big about making the new world of smart, connected products. PTC continues to distinguish itself from its PLM peers at this week’s Planet PTC conference with a push beyond product engineering and design into services. There are new […]