PTC is building a platform on a super tanker. PTC was one of the busiest companies in the design and engineering segment through 2020, and that’s saying something after a year of shutdown and buildup. CEO Jim Heppelmann said, “Fiscal 2021 is off to a great start” and that’s a pretty good way to describe double digit growth, strong cash flow, new customers, and new growth in … [Read more...] about PTC’s financial report for Q1 2021 is a cause for optimism
Creo
PTC releases Creo 7.0
The generative design technology from Frustum to help designers leverage the power of artificial intelligence. PTC has launched the latest update of its Creo 3D CAD software, Creo 7.0. In this release, PTC has added capabilities like generative design, simulation-driven design, multibody design, enhanced additive manufacturing, and core product enhancements. PTC acquired … [Read more...] about PTC releases Creo 7.0
Future forward: PTC declares leadership in IoT
PTC's LiveWorx conference pulls out all the stops as the company builds an infrastructure of companies, people, and things. PTC has put its chips on IoT and the depth of its commitment was evident at the company’s user conference, LiveWorx held in Boston. The show has grown. In a question and answer session, Jim Heppelmann told press and analysts he reckoned the show drew … [Read more...] about Future forward: PTC declares leadership in IoT
Datakit updates add Creo Parametric 4.0 support
Other improvements include better handling of PMI and other metadata. Updates in the latest version of multi-CAD translator Datakit include support for PTC Creo 4.0 and a variety of technical improvements to improve the accuracy of metadata translation. Datakit software can now read files from Pro/Engineer 2000i to Creo 4.0, converting to many 2D and 3D formats. Other … [Read more...] about Datakit updates add Creo Parametric 4.0 support
PTC declares itself ready for Industry 4.0 at Liveworx
PTC's LiveWorx user conference showcases tools for creating smart connected everything. "We are citizens of the new world,” declared Jim Heppelmann as he opened PTC’s second annual LifeWorx user conference. LiveWorx is PTC’s user conference for all its users and all its products, but the message coming from the keynote stage was primarily about the company’s new direction … [Read more...] about PTC declares itself ready for Industry 4.0 at Liveworx
3D View Station update improves large model performance
The new model tree can select 5,000 parts of a specific color in a 100,000 parts assembly in less than 1 second. Digital mock-up vendor Kisters has released an update to 3DViewStation extending the software’s ability to work with extremely large assemblies. 3DViewStation offers high performance 3D viewing, advanced analysis and Digital MockUp (DMU) for the full range of … [Read more...] about 3D View Station update improves large model performance
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. For years the Crossrail project has been burrowing tunnels for a new rail line directly under London. More than 26 miles in total have been carved out by gargantuan tunnel boring machines (TBMs), purpose built for Crossrail by German firm Herrenknecht. Each unit costs around … [Read more...] about Giant burrowing snake machines create London Crossrail tunnel
PTC Q3 results in a word: Ouch!
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 all categories of software except … [Read more...] about PTC Q3 results in a word: Ouch!
Unlocking the secrets of the human heart with the help of Creo
PTC collaborates with University of Tokyo to build better replacement hearts. Increasingly, the design world is turning to medical challenges and asking how engineering principles can be put to work to improve people’s health. Dassault Systèmes has opened up several fronts for medical research through its Biovia and Simulia product groups; the company is also developing tools … [Read more...] about Unlocking the secrets of the human heart with the help of Creo
SPECapc releases PTC Creo 3.0 benchmark
Eight workflows test all aspects of hardware performance for use with Creo. Performance benchmarking specialist SPEC has released a new benchmark for PTC’s Creo 3.0 CAD software. The software tool allows users of Creo to evaluate and compare hardware performance. The SPECapc for PTC Creo 3.0 benchmark provides eight workflows that exercise all aspects of system … [Read more...] about SPECapc releases PTC Creo 3.0 benchmark