Alliances pay off; growth segment stalls are offset by Arena sales. There were no real surprises in PTC’s third-quarter announcement and no balls were knocked out of no parks but the company demonstrates the value of fast reflexes and strategic moves as well as the established position of its Core products in the market. PTC president and CEO James Heppelmann said, "our … [Read more...] about PTC’s third quarter beats expectations
James Heppelmann
PTC adds AR and generative design to products in Atlas portfolio
PTC demonstrates the flexibility of Atlas and its commitment to SaaS. Since its arrival in 2012, Onshape has been revolutionary in its commitment to pure SaaS for design. The company also demonstrated a willingness to innovate on the fly. Recognizing the challenge of bringing a new design tool into a very mature market, Onshape concentrated on getting a usable base product out … [Read more...] about PTC adds AR and generative design to products in Atlas portfolio
PTC says look for growth in 2020
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
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
PTC delivers; now it’s up to the users
The message at PlanetPTC Live this week has been about the all-new PTC, ready to shake up manufacturing automation. Is anybody listening? PTC thinks so. It has been easy to talk about the CAD industry as boring; at least it is if you’re not following it closely. The CAD industry hasn’t been boring for several years now and PTC, a company not known for raising blood pressures … [Read more...] about PTC delivers; now it’s up to the users
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