PTC Inc. develops and delivers technology solutions, including software and services. The company’s solutions and software products address the requirements its customers face in various areas, such as computer-aided design (CAD); product lifecycle management (PLM); application lifecycle management (ALM); service lifecycle management (SLM); and Internet of things (IoT). Principal Products and Services The company sells software licenses, subscriptions (which include license access and support for a period of time and optional cloud services), support (which includes technical support and software updates when and if available), and services (which include consulting and implementation and training). As of October 1, 2015, the company reorganized the company into two main business units, Solutions Group and Technology Platform Group. Solutions Group business unit This business unit includes the company’s core CAD, PLM, ALM, and SLM. CAD The company’s CAD products enable users to create conceptual and detailed designs, analyze designs, perform engineering calculations and leverage the information created downstream using 2D, 3D, parametric and direct modeling. The company’s principal CAD products are as follows: PTC Creo is an interoperable suite of product design software that provides a set of packages for design engineers to meet various specialized needs. PTC Creo provides capabilities for design flexibility, advanced assembly design, piping and cabling design, advanced surfacing, virtual prototyping and other design functions. PTC Mathcad is software for solving, analyzing and sharing vital engineering calculations. PTC Mathcad combines the ease and familiarity of an engineering notebook with the features of an engineering calculations application. Extended PLM Extended PLM includes the company’s PLM and ALM products. PLM: The company’s PLM products are designed to address common requirements that companies, particularly manufacturing companies, face through the life of the product, from concept to retirement. These software products help customers manage product configuration information through each stage of the product lifecycle, and communicate and collaborate across the entire enterprise, including product development, manufacturing and the supply chain, including sourcing and procurement. The company’s principal PLM products are as follows: PTC Windchill is a suite of PLM software that offers lifecycle intelligence - from design to service. PTC Windchill offers a single repository for all product information. As such, it is designed to create a ‘single source of truth’ for all product-related content, such as CAD models, documents, technical illustrations, embedded software, calculations and requirement specifications for all phases of the product lifecycle to help companies streamline enterprise-wide communication and make informed decisions. Additionally, the company’s PTC Windchill product family includes supply chain management solutions that allow manufacturers, distributors, and retailers to collaborate across product development, as well as the supply chain, including sourcing and procurement, to identify an optimal set of parts, materials and suppliers. PTC Creo View enables enterprise-wide visualization, verification, annotation and automated comparison of various product development data formats, including CAD (2D and 3D), ECAD, and documents. PTC Creo View provides access to designs and related data without requiring the original authoring tool. ALM: The company’s ALM products are designed for discrete manufacturers where coordination and collaboration between software and hardware teams is critical to understand product release readiness, support variant complexity, automate development processes, ensure complete lifecycle traceability and manage change. The company’s principal ALM product suite is PTC Integrity, which includes solutions added with the company’s acquisition of the Atego Group Limited business. PTC Integrity enables users to manage system models, software configurations, test plans and defects. The company’s Model-Based Sys
ptc inc (PMTA:Frankfurt)
140 Kendrick Street
Needham, MA 02494
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