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PTC

Founded in 1985, Parametric Technology Corporation (PTC) develops, markets, and supports product lifecycle management (PLM) software solutions and offers related services designed to help discrete manufacturers meet the globalization, time-to-market, and operational efficiency objectives of product development. The solutions also help companies comply with industry regulation.

The company's computer-aided design (CAD), content, and process management solutions are used by over 50,000 customers in the industrial, high-tech, aerospace and defense, automotive, consumer, and medical industries. PTC is headquartered in Needham, Massachusetts (US).

See the TEC profile for PTC,



Today’s businesses are operating in a global marketplace. Not only are customers and competitors located worldwide, but employees, suppliers, contractors, and partners are, too. Learn how global product development (GPD) initiatives can help your company accelerate time-to-market, reduce product development costs, maximize productivity, enhance product quality, drive innovation, and optimize operational efficiencies.

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In today’s challenging economic environment, forward-thinking companies are looking at technology solutions that can help them weather the economic storm, and deliver long-term performance benefits. Discover four key trends that are relevant to today’s economic situation, and learn how leading retailers and brands are embracing product lifecycle management (PLM) solutions to enhance bottom-line efficiency.

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With the promise of transforming the way products are developed, product lifecycle management (PLM) is one of the fastest growing areas of technology investment for retailers and brands alike. Best-practice experience shows that the most successful PLM implementations are initiated to support an organization’s key strategic objectives, and ultimately improve profitability through enhanced operational efficiency. Find out more.

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This IDC Vendor Profile focuses on PTC’s FlexPLM product for the retail, footwear, and apparel (RFA) industry—a product that leverages the product lifecycle management (PLM) capabilities of PTC’s Windchill product line. Find out about PTC’s entrance into the RFA market, its acquisition of Aptavis, and its customer collaborations with companies such as Nike, Liz Claiborne, and Nordstrom for continuing product development.

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With demand for its products growing rapidly, Chinese motorcycle maker Grand River needed to ramp up scalable production capacity and respond to market requirements quickly. At the same time, the company needed to ensure compliance with environmental regulations, ensure quality assurance, and lower overall product costs. Learn how a new manufacturing process management (MPM) system helped Grand River achieve its goals.

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With its globally distributed operations, Stiebel Eltron—a manufacturer of high-end heating, ventilation, and air conditioning (HVAC) equipment—needed to streamline its processes and rationalize data management so teams could work together faster and more efficiently. Discover how implementing new product data management (PDM) and visualization solutions helped the company stimulate new product introductions.

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Supplier of bearings, seals, and lubrication systems, SKF works closely with its customers to develop products. As such, accurate product data and efficient collaboration—especially in SKF’s automotive division—are crucial. Currently, SKF uses PTC’s Windchill product lifecycle management (PLM) solution suite to manage document sharing, support of internal product development processes, and more. Learn about the benefits.

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Herstal designs, manufactures, and distributes a range of firearms, and has a long history of using product lifecycle management (PLM) and product data management (PDM) technologies. In 2002, the company implemented PTC’s product development suite for its product management needs. With PTC’s software, it reduced research and development (R&D) costs while delivering more products over a shorter period of time. Learn more.

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SharePoint has been well adopted in manufacturing companies as a backbone for Office applications, mainly for document sharing and management. Windchill ProductPoint can enable SharePoint to understand and store complex computer-aided design (CAD) data, and extend SharePoint’s reach into product development. Learn more about the capabilities of the Windchill ProductPoint product lifecycle management (PLM) system.

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Many of today’s product lifecycle management (PLM)-enabling technologies allow complex information to be shared by dispersed teams of people. Product data management (PDM) technology is used to organize and provide access to your intellectual assets. PLM, its collaborative Product Definition management (cPDm) capabilities, and other solutions can help you go beyond asynchronous data sharing. Find out how.

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Developing, launching, supporting—and profiting—from new products is a challenge. You need to integrate business processes and product data across the product development, data management, design, and analysis applications that make up the extended product lifecycle management (PLM) suite. If you’re looking to identify best-in-class approaches to integrating disparate applications, this report can help you get started.

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The need for innovation is gaining prominence on the executive agenda. But, just how do organizations identify the most promising ideas and translate these ideas into successful products? Learn the answer to this question by examining how leading companies empower their innovators with tools and strategies that allow them to leverage ideas and knowledge to develop a steady stream of new and profitable products.

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Traditionally, change management in product development and engineering has been viewed as a way to control cost and improve efficiencies. But companies are becoming aware that better change can drive top-line benefits—and are developing processes with an eye towards improving speed-to-market. Find out why good change management is becoming more important—and how you can use it as a tool to increase product profitability.

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Electro-mechanical design continues to gain importance, as the majority of today’s products have both electrical and mechanical components and systems. Designing and stimulating these products collaboratively across both domains is essential to producing high quality products. Learn how implementing an electro-computer-aided design (ECAD) and mechanical computer-aided design (MCAD) strategy—now—can help you later.

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Many manufacturers are incorporating embedded systems into their products to meet the growing demand. While this approach offers exciting opportunities for innovation, it also adds a level of complexity to products that have zero tolerance for bugs and must beat the competition to market. But companies that successfully address these challenges are seeing higher profitability—in spite of the current economy. Find out why.

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Product development has never been easy, but in today’s global market, the pressures facing industrial manufacturers are even greater. With more stakeholders involved in the product development process, collaboration and communication are key to competitive advantage. Your challenge: bring all the stakeholders in the same room—in real time. Discover how to succeed by increasing innovation and speeding time-to-market.

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Product development is a mission-critical process. And it can also be very expensive. But thanks to modern computer-aided design (CAD), computer-aided engineering (CAE), computer-aided manufacturing (CAM), and product lifecycle management (PLM) systems, many manufacturing companies now have the tools that allow better alignment of cost and value-add. This is what’s referred to as “global product development.” Learn more.

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Design globalization—and the access it provides to new markets, talents, and resources around the world—offers many opportunities to manufacturers today. Tapping into this growing network of suppliers and partners does bring risks and challenges. You can achieve best-in-class performance in a global design environment and achieve greater profitability. Find out the product design strategies of best-in-class manufacturers.

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As consumer demand drops, many companies are being forced to lay off staff. That might help in the short term, but those companies still have to keep operations going, reduce costs, keep profits up, and produce high-quality products—only now with far fewer people. This in-depth guide offers nine product development strategies for your company to weather this downturn and prepare for the eventual economic rebound.

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Promising to transform the way products are developed, product lifecycle management (PLM) is one of the fastest-growing areas of technology investment for retailers and brands alike. But why should your company consider PLM? Find out why successful PLM implementations are initiated to support key strategic objectives, and how PLM can ultimately improve your profitability through enhanced operational efficiency.

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Today’s methods for reusing design can add needed speed to the entire product development process. By using the design of an existing part or assembly as a starting point for a newer part or assembly, you can save time while reducing the risk of making fundamental design errors. Learn how to overcome the challenges of optimizing design reuse, by building a reuse library of metadata that automates information retrieval.

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Manufacturers know that production scrap can come from just about anywhere: from the ordered parts that don’t fit into a finished assembly, or from a physical prototype you’ve used and discarded. Whatever the case, the scrap—and any rework needed to fix the problem—costs you time or money, or both. Learn how you can overcome the most serious causes of production scrap with a product lifecycle management (PLM) solution.

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If you’ve ever been involved in an enterprise software implementation, you already know how challenging it can be to get it done on time and under budget. With literally thousands of technical details to keep track of, there are plenty of opportunities for things to go wrong. In the case of product lifecycle management (PLM) solutions, enterprise implementations can be even tougher. Find out how to get it done right.

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Because products ultimately define a manufacturing company’s success, product development is mission-critical by definition. It’s also expensive—in most manufacturing sectors, companies annually reinvest between 3 and 8 percent of their total revenues back into product development. Find out how to leverage global product development to gain a dramatic increase in productivity within your product development operation.

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Until 2004, German agricultural machinery manufacturer RAUCH created its technical publications in-house, relying on a service provider to create and translate operation manuals. The problem: this was a massive, time-consuming effort requiring extensive communication between all parties. Clearly, RAUCH needed to change its approach. The solution: incorporating Arbortext IsoDraw into its technical publications workflow.

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As one of the world’s leading manufacturers of construction and mining equipment, Komatsu has enjoyed significant growth. In fact, 2004 marked the best business performance in the company’s history. Now the company is focused on accelerating product development by making better, faster decisions throughout the product lifecycle. The solution: PTC’s ProductView.

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When it comes to product lifecycle management (PLM), unreachable information is as expensive as excess inventory lying in a warehouse. That’s why ITT Industries, a multibillion-dollar manufacturing enterprise, needed desperately to reach its goal of a single source of data for everyone, everywhere. Unfortunately, the transition would require overcoming serious resistance and cultural issues. Find out how they did it.

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After adopting two-dimensional computer-aided design (2D CAD) in the 1990s, Dalian Shipyard discovered that 2D technology didn’t meet the real-world challenges facing ship designers. For example, 2D CAD could not graphically reproduce real ship design challenges, such as collisions. Dalian Shipyard needed better product lifecycle management (PLM) tools. The solution: CADDS 5i—a complete 3D CAD tool for shipbuilding.

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Asyst Technologies develops and delivers factory automation solutions for the protection, transport, handling, and management of semiconductor wafers and flat panel display glass plates. Not only did Asyst want to automate product data and document management, but it also wanted a true paperless process for tracking information and facilitating design team collaboration. Find out how Windchill PDMLink got the job done.

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Medical device manufacturers face the usual manufacturing challenges, with the added burden of having to plan, develop, test, and produce in an environment controlled by strict regulatory requirements. With paper-based systems, product lifecycle documentation adds a huge burden to an already colossal task. Find out how you can “hardwire” compliance into product development—without short-circuiting your business processes.

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Aerospace and defense (A&D) has unique security needs. Avoiding the unauthorized sharing of technical information and intellectual property is essential. Product development systems (PDSs) provide the secure, real-time collaboration A&D needs, including extended and secure collaboration of distributed product development processes. PDSs control access to intellectual property, mitigating information sharing risks.

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Improving the content of technical publications is possible with a product development system (PDS). A PDS solution can automate and optimize the technical publishing process and can end publication bottlenecks caused by launch delays due to poor process. A PDS solution allows for concurrent development of products and publications—keeping your engineering and publishing departments in sync.

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