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ptc

Ansys partners with PTC to develop ‘groundbreaking’ simulation-driven 3D design solution

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Ansys and PTC have agreed a partnership to accelerate product innovation by providing customers a “world-class simulation-driven design solution”.

The two companies that they will together to deliver Ansys Discovery Live real-time simulation within PTC’s Creo 3D CAD software.

The combined solution will be sold by PTC as part of the Creo product suite.  [Read more…] about Ansys partners with PTC to develop ‘groundbreaking’ simulation-driven 3D design solution

Rockwell Automation to buy $1 billion stake in product lifecycle management software provider PTC

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Rockwell Automation is investing $1 billion into product lifecycle management software provider PTC.

PTC and Rockwell Automation say they have entered into a partnership that is expected to accelerate growth for both companies.

The companies say the deal makes them the “partner of choice” for customers around the world who want to transform their physical operations with digital technology.  [Read more…] about Rockwell Automation to buy $1 billion stake in product lifecycle management software provider PTC

PTC’s product lifecycle management bookings double over last four quarters

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PTC says bookings for its product lifecycle management software-as-a-service solution have doubled over the last four quarters.

This expansion complements PTC’s new subscription model and aligns with the recent findings of a cloud PLM study conducted by CIMdata, an independent global strategic management consulting and research authority focused on the PLM market.

According to CIMdata, 95 percent of current and prospective cloud PLM customers surveyed plan to purchase PLM Cloud in the next 24 months, while 72 percent plan to in just 13 months.  [Read more…] about PTC’s product lifecycle management bookings double over last four quarters