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Tag: PTC

PTC second quarter results don’t fit the old Wall Street metrics

PTC second quarter results don’t fit the old Wall Street metrics

Software subscriptions are rising briskly, but that means a short-term hit in revenue.

By April 21, 2016 Read More →
PTC to pay settlement in China investigation

PTC to pay settlement in China investigation

$28.2 million fine imposed for improper spending on clients.

By February 16, 2016 Read More →
PTC unveils Vuforia in ThingWorx product line

PTC unveils Vuforia in ThingWorx product line

PTC’s The Thing Event describes how Vuforia will fit into its ThingWorx division

By February 2, 2016 Read More →
Another “if only” quarter for PTC

Another “if only” quarter for PTC

In the first quarter of fiscal 2016 PTC is posting a net loss due to restructuring costs. The silver lining is the rise in subscriptions.

By January 21, 2016 Read More →
PTC to acquire Kepware for industrial automation data

PTC to acquire Kepware for industrial automation data

Building another node in an expanding Internet of Things platform.

By January 5, 2016 Read More →
PTC’s latest version of Windchill 11 knits IoT, ALM, and more  into PLM

PTC’s latest version of Windchill 11 knits IoT, ALM, and more into PLM

PTC says its major PLM release Windchill 11 is the first smart, connected PLM as the company targets a wider range of customers

By December 6, 2015 Read More →
In search of the Digital Twin

In search of the Digital Twin

PTC makes the case for merging PLM and the Internet of Things at LiveWorx 2015 Stuttgart.

By November 30, 2015 Read More →
PTC closes fiscal year with lower revenues, net income

PTC closes fiscal year with lower revenues, net income

Total revenue was within previous guidance; the transition to subscription revenue and new revenue streams will take time. CAD and PLM are losing steam.

PTC to Acquire Qualcomm’s Vuforia Augmented Reality technology

PTC to Acquire Qualcomm’s Vuforia Augmented Reality technology

Qualcomm announces the sale of its AR subsidiary Vuforia to PTC. The acquisition will help PTC build its IoT division. Qualcomm is cutting costs.

Giant burrowing snake machines create London Crossrail tunnel

Giant burrowing snake machines create London Crossrail tunnel

Designed in PTC Creo, eight 1,000-ton units are cutting through 26 miles of widely varying conditions.