The company is building new business and has announced a parallel track for the latest acquisition Onshape. PTC issued an optimistic release for the fiscal first quarter 2020. The company came through a rough 2019 with problems in its channel and problems converting customers to the subscription at the expected rate. The company said it knew about the problem and that they’ve … [Read more...] about PTC says look for growth in 2020
James Heppelmann
In search of the Digital Twin
PTC makes the case for merging PLM and the Internet of Things at LiveWorx 2015 Stuttgart. By Tom Lansford Why does a CAD & PLM company invest in the Internet of Things, Big Data Analytics, and Augmented Reality? It could be due to a vision of a new "digital twin" where the digital and the real come together, interact, and are - literally - linked together. It is … [Read more...] about In search of the Digital Twin
PTC says the plan is working; Q4 and FY ’14 inline with expectations
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
PTC focuses on Europe
PTC Live went on the road in Europe at the end of 2013. The message? PTC expects the strongest growth in 2014 to come from Europe. The company has identified 7 forces affecting its markets and its customers and it outlines how is focus on these 7 forces will accelerate the company's growth. By Tom Lansford The European market represents 37% of PTC's FY 2013 revenue putting … [Read more...] about PTC focuses on Europe
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 his lieutenants and … [Read more...] about PTC presents new mission, new market alignment