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12/4/14 - €31.99
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04/14/14 - €23.69
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ptc inc (PMTA) Details

PTC Inc. develops, markets, and supports software products and solutions in the areas of computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), service lifecycle management (SLM), and Internet of things (IoT) worldwide. The company operates in two segments, Software Products and Services. Its CAD products include PTC Creo, an interoperable suite of product design software; and PTC Mathcad software for solving, analyzing, and sharing vital engineering calculations. The company offers PLM products, such as PTC Windchill that provides lifecycle intelligence from design to service; and PTC Creo View, which enables enterprise-wide visualization, verification, annotation, and automated comparison of various product development data formats. It also provides ALM products comprising PTC Integrity that enables users to manage system models, software configurations, test plans, and defects, as well as Model-Based Systems Engineering solution for safety-critical applications and product line engineering. In addition, the company’s SLM products include PTC Axeda, a suite of software products that enables a systematic approach to service lifecycle management; and IoT products comprising ThingWorx, a platform for building and running applications for the IoT. Further, PTC Inc. provides consultation, implementation, and training services. It sells its products and services through direct sales force, as well as through third-party resellers and other strategic partners. The company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc. in January 2013. PTC Inc. was founded in 1985 and is headquartered in Needham, Massachusetts.

6,237 Employees
Last Reported Date: 02/10/15
Founded in 1985

ptc inc (PMTA) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $750.0K
Executive Vice President of Strategy
Total Annual Compensation: $415.0K
Executive Vice President of Global Support
Total Annual Compensation: $363.0K
Total Annual Compensation: $415.0K
Executive Vice President of Global Sales and ...
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2014.

ptc inc (PMTA) Key Developments

PTC Introduces PTC Mathcad Prime(R) 3.1 Engineering Calculation Software

PTC announced the availability of PTC Mathcad Prime(R) 3.1 engineering calculation software, designed for engineers who want to analyze, solve, document and share vital calculations and design intent. This new version allows users to better connect engineering calculations to other applications and processes including PTC Creo(R) 3.0 and other third-party tools. This enhanced integration with PTC Creo allows users to embed a PTC Mathcad Prime 3.1 worksheet directly in their CAD model, at the part or assembly level. Embedding a worksheet allows better capture of design intent that stays with the model automatically. Calculation results can be used to drive the geometric model in PTC Creo, and parameters from PTC Creo can be used as inputs to engineering calculations in PTC Mathcad(R). This new ability to quickly and easily document engineering knowledge and design intent within the PTC Creo 3.0 model provides engineers with a powerful digital engineering notebook. Boston Engineering has been a long-time PTC Mathcad user. The firm leverages the software throughout the product development lifecycle - from design specifications through the engineering calculations. Historically, if a CAD model was 'spun off' to create a new revision or model, the team needed to update and map the calculation file to the new product. But with PTC Mathcad Prime 3.1, users can embed the worksheet directly within the PTC Creo model at the part or assembly level. It then becomes part of the model and part of any iteration that's leveraged from the part or file. Additionally, PTC Mathcad Prime 3.1 features several new enhancements designed to make the product a single solution for engineers and design teams to capture and communicate their critical design and engineering knowledge. New, Improved API: Integrate PTC Mathcad Prime 3.1 with any CAD platform, design software, analysis tool, PDM systems or other application. Large Data Handling: Data sets to be analyzed can now utilize all available machine memory - no longer is there a system-imposed 2GB memory ceiling. Expanded, Extensive Library of Pre-Built Worksheets: Draw from over 700 pre-built templates for calculations across mechanical, electrical, civil &structural and chemical engineering, as well as applied mathematics and education. Integration with Other Tools: Connect to Prode(c) physical properties, CoolProp(c) fluid properties, read and write in HDF5 file format, read and write to any ODBC-compliant database, and export matrices to C++ code. AvailabilityPTC Mathcad 3.1 is now available for download here. Full integration with PTC Creo requires user implementation of PTC Creo 3.0 M030 or higher.

Michael E. Porter to Depart from the Board of PTC Inc. in March 2015

PTC Inc. announced that Harvard Business School Professor Michael E. Porter will transition off its board of directors when his term expires at the company’s 2015 annual meeting in March. Prof. Porter will continue to serve as a strategy advisor to the company, and will continue to collaborate closely with PTC president and CEO Jim Heppelmann in thought leadership on the impact of the rise of smart, connected products on competition and strategy.

PTC Introduces ThingWorx-Axeda Integrator to Accelerate Internet of Things Value

PTC announced the ThingWorx-Axeda Integrator, which combines the ThingWorx® development platform with the Axeda® solution to enable customers to speed development and innovation. Specifically, the ThingWorx-Axeda Integrator unifiesthe ThingWorx AEP platform with the Axeda connectivity, device cloud and applications, providing a blueprint for successful IoT projects. With an ever-growing number of smart, connected products and sensors, the true promise of IoT is in integrating people, systems and things, and developing new innovative applications that disrupt the way industries work. The ThingWorx-Axeda Integrator unifies the strengths of ThingWorx and Axeda to deliver the most complete IoT solution stack in the industry, providing a unified experience for customers to develop solutions for smart connected products. The ThingWorx-Axeda Integrator enables Axeda machine data to be immediately available in the ThingWorx platform, and Axeda APIs to be accessed from ThingWorx Composer rapid application development tool. The Integrator's out-of-the-box connector enables users to login into a single system to access data and web services in the Axeda products, and streamline solution implementation. Specific technology capabilities include: axeda time series data available in ThingWorx; axeda data including Data Items, Alarms, and Mobile Locations flow into the ThingWorx platform via the Axeda's Machine Streams data feed service; axeda Machine Streams can now natively send data directly into ThingWorx; synchronized data model & data between the two systems; data is automatically synchronized between Axeda and ThingWorx, reducing errors and speeding development; easily utilize Axeda APIs from ThingWorx Composer tool; with a small amount of scripting, customers can create powerful solutions to solve real world challenges for their devices; automatic Authentication for ThingWorx Widgets embedded in Axeda Console and axeda customers can easily incorporate a ThingWorx mash-up right inside the Axeda Console. The ThingWorx-Axeda Integrator is now available.


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Valuation PMTA Industry Range
Price/Earnings 27.3x
Price/Sales 2.9x
Price/Book 4.7x
Price/Cash Flow 21.6x
TEV/Sales 2.3x

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