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 and a tenth—Creo Options Modeler—will be released … [Read more...] about PTC releases Creo the Next Generation
CoCreate
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 by the continued strength of the … [Read more...] about PTC revenue hits $1.17 billion in fiscal year 2011
Creo 1.0: More evolutionary than revolutionary
Steve Wolfe takes a close look at the new Creo line of CAD applications from PTC, answering the questions he raised last month. There are reasons for existing Pro/Engineer and CoCreate users to be happy, and reasons for them to ask even more questions. By L. Stephen Wolfe, P.E. On June 6, 2011, before the release of Parametric Technology’s Creo 1.0, I summarized what PTC … [Read more...] about Creo 1.0: More evolutionary than revolutionary
2007: A Primer on MCAD modeling technology, part 1: It’s all about the trees
Either a CAD modeler uses a structure tree, or it doesn’t; Paul Hamilton explains all. Originally published August 2007 in Engineering Automation Report, acquired in 2010 by Jon Peddie Research. By Paul Hamilton PHusion Engineering Solutions [Editor’s note, 2007: For years mechanical design has been dominated by history-based modelers. From the day Pro/Engineer first came … [Read more...] about 2007: A Primer on MCAD modeling technology, part 1: It’s all about the trees
PTC Creo 1.0: Breakthrough technology?
PTC revenue from desktop products, primarily Pro/Engineer, have been slow for almost a decade. Will Creo turn things around? By L. Stephen Wolfe, P.E. The forthcoming release of Creo marks the third development phase of Parametric Technology Corporation’s venerable Pro/Engineer CAD software. The second phase began with the announcement of Wildfire in 2001, which was PTC’s … [Read more...] about PTC Creo 1.0: Breakthrough technology?
PTC desktop revenue up 40% in second quarter
Net income was up 111% from a year earlier. Cash on hand is back in its normal range. PTC (Nasdaq: PMTC) saw sales of its desktop products (including the former Pro/Engineer) spike by 40% in second quarter results posted today. Revenue for the quarter, ending April 2, 2011, was in line with previous guidance at $269.2 million. Net income for the quarter was $19 million, up … [Read more...] about PTC desktop revenue up 40% in second quarter
PTC provides names for new Creo apps
Last October when PTC announced plans for the Creo line, replacing Pro/Engineer and other CAD tools, it only hinted at what the replacement products would be named. PTC this morning released a list of names for the first new apps coming to market later this year under the Creo banner. Creo is the over-arching brand name for PTC's design tools, replacing Pro/Engineer, … [Read more...] about PTC provides names for new Creo apps
PTC YouTube channel answers Creo questions
Got questions about Creo? PTC's Mike Campbell has answers. PTC has posted a set of short videos to YouTube with answers to common questions about the upcoming release of Creo, the set of design apps that will replace Pro/Engineer and CoCreate. All five videos are short statements (less than 90 seconds) from Mike Campbell, PTC's VP for Creo Product Development. The … [Read more...] about PTC YouTube channel answers Creo questions
Good-bye Pro/Engineer: PTC launches the Creo era
The company that invented contemporary mechanical CAD looks to re-invent itself with a suite of apps that solve “the lingering, unaddressed problems of CAD.” By Randall S. Newton Managing Editor A common complaint about mechanical CAD products is that they force users into the computer equivalent of “when all you have is a hammer, everything looks like a nail.” PTC says … [Read more...] about Good-bye Pro/Engineer: PTC launches the Creo era