Tag: Windchill

PTC looks past flat Q1 results

PTC looks past flat Q1 results

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 […]

PTC joins the ranks of companies enabling virtualization

PTC joins the ranks of companies enabling virtualization

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 […]

Customers were waiting for Teamcenter on the cloud

Customers were waiting for Teamcenter on the cloud

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 […]

By November 15, 2012 0 Comments Read More →
PTC revenue up 6% in third quarter while net profit rises 47%

PTC revenue up 6% in third quarter while net profit rises 47%

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 […]

PTC presents new mission, new market alignment

PTC presents new mission, new market alignment

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 […]

PTC reports lackluster second quarter results

PTC reports lackluster second quarter results

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 […]

PTC releases Creo the Next Generation

PTC releases Creo the Next Generation

First full update of the MCAD suite replacing Pro/Engineer and CoCreate introduces a tenth app, for modular product design. Creo’s 2D sketch app is now available for Mac OS X. PTC today announced an update to the Creo line of MCAD apps which has replaced Pro/Engineer. All nine existing apps have been updated to version 2.0 […]

Triumph Motorbikes standardizes on Windchill PLM

Triumph Motorbikes standardizes on Windchill PLM

One of the oldest names in motorcycles decides PDM is not enough for managing its global design and manufacturing processes. From humble origins in 1902 the UK’s Triumph Motorcycles has grown to become an iconic worldwide brand. Today Triumph stays competitive with a global product development and distribution strategy—including bikes being assembled in Thailand with […]

By February 21, 2012 0 Comments Read More →
Hyundai and Kia follow through with Windchill

Hyundai and Kia follow through with Windchill

The goal is the total integration of Kia and Hyundai into one organization, to create the world’s fourth largest auto manufacturer. PTC has successfully completed the first phase of deployment for its enterprise product life cycle management (PLM) system at Hyundai Motor Company and Kia Motors Corporation (HMC/KMC). This is an ongoing project. HMC/KMC has […]

PTC revenue hits $1.17 billion in fiscal year 2011

PTC revenue hits $1.17 billion in fiscal year 2011

Windchill PLM led revenue growth, with CAD revenue picking up due to the launch of next-generation Creo. Management is modestly bullish about the coming year. PTC (PMTC: NASDAQ) reported a strong finish in its fourth quarter (ending September 30, 2011), helping the company set an annual revenue record at $1.17 billion. Overall revenue was led […]