Computer Aided Design, Product Lifecycle Management, Application Lifecycle Management, Service Lifecycle Management, Internet of Things, and Augmented Reality solutions that help customers achieve product and service advantage in a smart, connected world.
End Market(s): Energy and Industrials, Business Services, Marketing & Commerce, Defense & Security, Healthcare
Company Type: Software Developer
Coverage & Analysis from the Information Feed:
Summary: PTC provides solutions for Computer Aided Design (CAD), Product Lifecycle Management (PLM), Application Lifecycle Management (ALM), Service Lifecycle Management (SLM), Internet of Things (IoT) and Augmented Reality (AR). Its solutions enable process transformation and deliver closed-loop lifecycle management for products and services that are increasingly smart and connected. Its solutions help its customers optimize the activities within individual functions of an organization, and align them across an entire enterprise—from engineering to supply chain and manufacturing, to sales and service.
Its Vuforia subsidiary brings augmented reality capabilities into the fold, helping to bridge the gap between an increasingly connected world and the people who work within it.
- PTC is a publicly traded company on the Nasdaq stock exchange
- It acquired augmented reality software company Vuforia on November 3rd, 2015 from Qualcomm Connected Experiences, Inc., a subsidiary of Qualcomm Incorporated
Product / Service Offerings:
PTC Creo (CAD) – allows users to create, analyze, view, and share designs downstream using 2D CAD, 3D CAD, parametric, and direct modeling capabilities. Each PTC Creo application shares the same user interface and is interoperable, meaning data can seamlessly transition from one to another.
PTC Windchill (PLM) – Product Lifecycle Management software supports the product development process, to integrate people, processes and systems. It provides a product information “warehouse” for organizations. PTC’s PLM software offers significant value by establishing a single system that simultaneously manages both hardware and software deliverables while also enhancing other enterprise systems (ERP, CRM).
Application Lifecycle Management (ALM) – a holistic software and systems engineering approach that enables successful collaboration, automation and reuse across teams and disciplines.
Service Lifecycle Management (SLM) – solutions that empower companies to transform themselves into strategic service organizations that drive growth, profitability, and customer value.
Vuforia Platform (Augmented Reality) – one of the industry’s most advanced and widely adopted augmented reality (AR) technology platform. It has features to help brands generate vision-based computing experiences and unlock cutting edge functionality to deliver compelling content. Vuforia helps innovative global brands break new ground in consumer engagement by linking digital experiences with ads and products.
Vuforia is compatible with Windows 10 and its VuMark feature provides a universal solution that can deliver a unique AR experience on any object, while allowing the design freedom for a custom look and feel.
Its SDK delivers best-in-class computer vision, ensuring reliable experiences in a variety of environments. The SDK offers developers the creative freedom to build unique experiences that reflect brands and drive business results.
The Vuforia platform supports Android and iOS smartphones and tablets as well as digital eyewear. Developers can build Vuforia apps in Eclipse, Xcode and Unity cross-platform game engine.
Vuforia-enabled apps can recognize a range of everyday objects like books, magazines, toys, product packaging, and more.
Customers: PTC works with more than 28,000 businesses around the world to help them create, operate, and service products in rapidly-evolving, globally distributed manufacturing industries, including industrial equipment, automotive, high tech and electronics, aerospace and defense, retail, consumer, and medical devices.