PTC Inc., incorporated on May 13, 1985, is a global computer software and services company. The Company offers a portfolio of computer-aided design (CAD) modeling, product lifecycle management (PLM) and service lifecycle management (SLM) solutions for manufacturers to create, operate, and service products. The Company also offers a suite of Internet of Things (IoT) solutions that enables its customers to connect, manage and analyze data, and create applications. The Company's segments include the Solutions Group, the IoT Group and Professional Services. The Solutions Group segment includes its CAD, PLM and SLM products. The IoT Group segment includes its IoT, analytics and augmented reality (AR) solutions. The Professional Services segment includes consulting, implementation and training business.
IoT Group
The Company's principal IoT products include ThingWorx, KEPServerEX, Vuforia Studio and Vuforia. ThingWorx is a technology platform that enables users to create and deploy applications and solutions. The Company's ThingWorx solutions include cloud-based tools that allow customers to connect products and devices to the cloud, and process, transform, organize and store product and sensor data. Additionally, its ThingWorx offerings include a predictive intelligence tool that uses artificial intelligence technology to automate the processes of creating and operationalizing predictions inside ThingWorx-powered solutions and other systems of record. The Company's product, KEPServerEX provides communications connectivity to industrial automation environments to connect disparate devices and control systems, providing users with a single source of real-time industrial sensor and machine data for operational intelligence. Vuforia Studio combines ThingWorx, Vuforia, and Creo technologies. It is sold as part of its ThingWorx platform. Vuforia is an AR technology platform that enables applications to see and interact with things in the physical world.
Solutions Group
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 two dimensional (2D), three dimensional (3D), parametric and direct modeling. The Company's principal CAD products are Creo and Mathcad. Creo is an interoperable suite of product design software that provides a set of packages for design engineers to meet a range of specialized needs. Creo provides capabilities for assembly design, piping and cabling design, surfacing, virtual prototyping and other design functions. Mathcad is software for solving, analyzing and sharing vital engineering calculations.
The Company's PLM products are designed to address challenges that companies, particularly manufacturing companies, face over the life of their products. These software products help customers manage product configuration information through each stage of the product lifecycle, and communicate and collaborate across the enterprise, including product development, manufacturing and the supply chain, including sourcing and procurement. Its principal PLM products are Windchill, Integrity, Navigate and Creo View. Windchill is a suite of PLM software that offers lifecycle intelligence-from design to service. Windchill offers a single repository for all product information. Additionally, its Windchill product family includes supply chain management (SCM) solutions that allow manufacturers, distributors and retailers to collaborate across product development and the supply chain, including sourcing and procurement, to identify an optimal set of parts, materials and suppliers. Integrity enables users to manage system models, software configurations, test plans and defects. Navigate is the Company's ThingWorx-based PLM offering. It is a collection of role-based applications that provides product information from Windchill and other systems of record. Creo View enables enterprise-wide visualization, verification, annotation and automated comparison of a range of product development data formats, including CAD (2D and 3D), electronic computer-aided design (ECAD), and documents. Creo View provides access to designs and related data without requiring the original authoring tool.
The Company's SLM products help manufacturers and their service providers. These include capabilities to support product service and maintenance requirements, service information delivery, service parts planning and optimization, service knowledge management, service analytics, connected remote service, and predictive service. Its principal SLM products are Servigistics and Arbortext. Servigistics is a suite of SLM software products that integrate service planning, delivery and analysis to optimize service outcomes. Servigistics products enable a systematic approach to service lifecycle management by providing a single view of service throughout the service network. Arbortext is an enterprise software suite that allows manufacturers to create, illustrate, manage and publish technical and service parts information. The Company offers global support plans for its software products.
Professional Services
The Company offers consulting, implementation, training and cloud services through its Global Professional Services Organization. The Company's cloud services customers receive hosting and around the clock application management.
The Company competes with Dassault Systemes SA, Siemens AG, Autodesk, Oracle Corporation, SAP AG, IBM Corporation, Microsoft, Cisco, Oracle and General Electric.
140 Kendrick St
The company trades on NASDAQ exchange. The company headquarter is located in Massachusetts, MA. The company was established in the 1985.| Ticker | PTC |
| Long Name | PTC Inc. |
| Short Name | PTC |