Major Windchill 11 release integrates PTC’s technologies into a PLM for a broader range of customers.
Monstrous gains for Internet of Things doesn’t compensate for lackluster quarter in core businesses. By Randall S. Newton PTC (NASDAQ: PTC) delivered news they would rather have swept under the rug with their third quarter 2015 financial report. It was a down quarter for total revenue, net income, software revenue, earnings per share, and […]
China is slow, the Yen is falling. What Wall Street really wants to hear about is PTC’s play in the Internet of Things. By Randall S. Newton PTC today reported first quarter fiscal results essentially flat when compared to a year ago, but in line with previous forecasts. The routine conference call with Wall Street […]
The virtualization trend is exploding as standards are set in place. PTC certifies first virtualization platform with Citrix, IBM, and Nvidia; more to come. Virtualization has finally reached acceptance among users and it’s happening even faster than many companies selling the hardware expected. At PTC’s worldwide conference this year, PTC Live 2013, the company announced […]
PLM Software? Check. Integration Partner? Check. Cloud Platform? Check. When PTC announced it would provide its Windchill enterprise PLM software on the cloud three years ago, the market replied with a collective yawn. It wasn’t that the software was bad—Windchill is competitive and popular—but companies that use enterprise-class PLM software were just not ready to […]
Sinking Euro was bad news for revenue, good news for expenses. PLM vendor PTC (PMTC: Nasdaq) reports third quarter revenue rose 6.5% from 3Q11 to $311 million. In the quarter ending June 30, 2012, the company landed 34 large deals (more than $1 million) during the quarter, up from 25 such deals in the previous […]
The company that introduced parametric 3D CAD now wants to guide manufacturers through the transition to digitization of strategic processes. An exuberant James Heppelmann took the stage at Planet PTC Live 2012 this week in Orlando to tell 2,000 customers how his company will take them beyond complex geometry and well-organized engineering data. Along with […]
Revenue of $301 million is below guidance; net profit cratered. Is this a temporary setback or the start of a long decline? By Randall S. Newton PTC (Nasdaq: PMTC) reported a second fiscal quarter (ending March 31, 2012) that came in below expectations. Revenue for the quarter was $301 million, up 12% from a year […]