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
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!
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
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
PTC closed out its Fiscal Year with gains pretty much across the board and an optimistic CEO Jim Heppelmann says "I think we can put 2014 into the win column." By Kathleen Maher PTC’s ongoing reinvention is going nicely thank you. The company reported increased revenues and income for their fiscal year 2014 and for the final quarter. The company reported revenue of $368 … [Read more...] about PTC says the plan is working; Q4 and FY ’14 inline with expectations