PTC Named a Leader in Independent Research Firm’s Application Life-Cycle                     Management Q4 2012 Report   P...
PTC ALM solutions are optimized for discrete manufacturers where coordination andcollaboration between software and hardwa...
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PTC Named a Leader in Independent Research Firm’s Application Life-Cycle Management Q4 2012 Report

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PTC application lifecycle management solutions provide complete lifecycle traceability for discrete manufacturers that require visibility into product release readiness

NEEDHAM, MA – December 4, 2012 – Business innovation now drives the application lifecycle management (ALM) market, estimated by some industry analysts to be at $1.4 billion in 2009 and growing at eight percent annually. PTC (Nasdaq: PMTC) today announced it has been named a leader in application management lifecycle management software according to a new report from Forrester Research Inc, The Forrester Wave™: Application Life-Cycle Management, Q4 2012. Forrester examined the capabilities and strategies of nine key vendors in the ALM space and determined that PTC continues its leadership position by addressing regulated and digital products needs and provides strength where product-based development and compliance intersect.

Forrester Research Application Life-Cycle Management Wave evaluation criteria includes the ability to deliver business value, not just drive process efficiency . “PTC’s focus on compliance, including the highly regulated world of embedded software, has made it the only ALM vendor to provide out-of-the-box many of the workflows and reports needed to satisfy regulatory authorities,” said the report.

According to the report, “the contribution that application development and delivery makes to a company’s business goals —making workers more productive, creating engaging customer experiences, and bringing new software products to market more successfully — must be more direct and successful. Software increasingly plays a central role in a firm’s ability to deliver new products and services.”

The report also states that “PTC provides strength where product-based development and compliance intersect,” and that PTC has done “much to support teams of embedded software developers and systems engineers.” In addition, PTC helps firms “address ‘digital product’ development needs — for products such as appliances, vehicles and medical devices that have software components — while still maintaining support for teams building and delivering software-only products and projects.” Finally, “PTC’s strength rests on its long-standing support for addressing governance and compliance challenges.”

PTC ALM solutions are a good choice for organizations that build and deliver software as a critical part of their product development while needing collaboration and integration between software engineering teams and the other engineering groups within the organization...

Read the full release and visit our newsroom on PTC.com>> http://www.ptc.com/appserver/search/newsroom.jsp?utm_source=SlideShare&utm_medium=PressRelease&utm_campaign=Social%2B

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PTC Named a Leader in Independent Research Firm’s Application Life-Cycle Management Q4 2012 Report

  1. 1. PTC Named a Leader in Independent Research Firm’s Application Life-Cycle Management Q4 2012 Report PTC application lifecycle management solutions provide complete lifecycle traceability for discrete manufacturers that require visibility into product release readinessNEEDHAM, MA – December 4, 2012 – Business innovation now drives the applicationlifecycle management (ALM) market, estimated by some industry analysts to be at $1.4 billion in2009 and growing at eight percent annually. PTC (Nasdaq: PMTC) today announced it has beennamed a leader in application management lifecycle management software according to a newreport from Forrester Research Inc, The Forrester Wave™: Application Life-Cycle Management,Q4 2012. Forrester examined the capabilities and strategies of nine key vendors in the ALMspace and determined that PTC continues its leadership position by addressing regulated anddigital products needs and provides strength where product-based development and complianceintersect.Forrester Research Application Life-Cycle Management Wave evaluation criteria includes theability to deliver business value, not just drive process efficiency . “PTC’s focus on compliance,including the highly regulated world of embedded software, has made it the only ALM vendor toprovide out-of-the-box many of the workflows and reports needed to satisfy regulatoryauthorities,” said the report.According to the report, “the contribution that application development and delivery makes to acompany’s business goals —making workers more productive, creating engaging customerexperiences, and bringing new software products to market more successfully — must be moredirect and successful. Software increasingly plays a central role in a firm’s ability to deliver newproducts and services.”The report also states that “PTC provides strength where product-based development andcompliance intersect,” and that PTC has done “much to support teams of embedded softwaredevelopers and systems engineers.” In addition, PTC helps firms “address ‘digital product’development needs — for products such as appliances, vehicles and medical devices that havesoftware components — while still maintaining support for teams building and deliveringsoftware-only products and projects.” Finally, “PTC’s strength rests on its long-standing supportfor addressing governance and compliance challenges.”PTC ALM solutions are a good choice for organizations that build and deliver software as acritical part of their product development while needing collaboration and integration betweensoftware engineering teams and the other engineering groups within the organization. Directly,ALM offers significant value to a company, but ALM also enhances other enterprise systems,such as product lifecycle management (PLM) to enable users to improve time to market, reduceproduct costs, manage quality initiatives and drive global product development. For moreinformation, reference The Forrester Wave™: Application Life-Cycle Management, Q4 2012.
  2. 2. PTC ALM solutions are optimized for discrete manufacturers where coordination andcollaboration between software and hardware teams is critical to understand product releasereadiness, support variant complexity, automate development processes, ensure completelifecycle traceability and manage change.“The use of software is exploding inside our customers’ products, with a majority of themplanning to increase their software development efforts within products over the next five years,”said Jake Simpson, general manager ALM, PTC. “We believe that Forrester Research, Inc. hasrecognized our strategic commitment to application lifecycle management and the positiveimpact that PTC solutions can deliver to manufacturers striving to develop software-intensiveproducts.”Additional Resources  The Forrester Wave: Application Life-cycle Management Q4 2012 Report (analyst report) – (web site)  PTC’s Application Lifecycle Management Resource Center (web site)  Software: Driving Innovation for Engineered Products (ebook)  Systems Engineering with PTC (video)  Addressing Product Innovation with Software (video)About PTCPTC (Nasdaq: PMTC) enables manufacturers to achieve sustained product and serviceadvantage. The company’s technology solutions help customers transform the way they createand service products across the entire product lifecycle – from conception and design to sourcingand service. Founded in 1985, PTC employs over 6,000 professionals serving more than 27,000businesses in rapidly-evolving, globally distributed manufacturing industries worldwide. Getmore information at www.ptc.com. Follow us on Twitter - Watch us on YouTube - Connect with us on LinkedIn - Join our PlanetPTC Community - Visit us on FacebookPTC and the PTC logo are trademarks or registered trademarks of Parametric Technology Corporation or itssubsidiaries in the United States and other countries.Contact Information:PTC For PTCCorporate Communications Weber ShandwickBeth Ambaruch Anand Savani952.435.5058 617.520.7290bambaruch@ptc.com asavani@webershandwick.com

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