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
Customers switching to subscriptions at a faster rate than predicted means lots of revenue that can’t be booked in the current quarter. A stronger than expected move among customers to subscription accounts was good news for PTC in the long run, but the surge meant the company ended its fiscal year with a net loss for the quarter. For the fourth quarter of PTC’s Fiscal … [Read more...] about Too much of a good thing ends PTC year on a loss
With design software for both EDA and mechanical, the Oregon company would be a good fit for several CAD firms. Reuters is reporting Mentor Graphics (NASDAQ: MENT) has retained the services of Bank of America to explore “strategic alternatives” which could include a potential sale. The Wilsonville, Oregon company develops design software primarily for electronic design … [Read more...] about Is Mentor Graphics seeking a buyer?
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
The PTC pivot into an Internet of Things business is part of a larger redefinition of manufacturing. Today at the PTC LiveWorx 2016 conference, CEO James Heppelmann ended his presentation by introducing a new logo to represent the company. As shown here, the new logo combines the company name (they stopped being “Parametrics Technology Corporation” years ago) with a stylized … [Read more...] about What’s in a logo?