PTC announced it has been named by CIMdata as the leading provider of Product Lifecycle Management (PLM) collaboration software to aerospace and defense (A&D) manufacturers.
Aerospace and defense manufacturers continue to view investment in PLM strategies and technologies as a key means to innovate, differentiate, and drive efficiency into product development initiatives. Around the world, these manufacturers seek to implement ways to modernize their technology infrastructure and business processes to meet rising market demand. Industry experts estimate that as many as 33,000 new aircraft will be delivered to market over the next 20 years due to the need for more fuel-efficient aircraft, the growing world population, and the aging condition of the existing fleet. PLM plays a critical role in helping manufacturers address these demands by bringing new aircraft to market more quickly and efficiently while delivering the highest level of quality and safety.
“Our most recent PLM market research points to PTC as the industry leader in providing collaborative Product Definition management (cPDm) solutions to the A&D market with its PTC Windchill® portfolio,” said Stan Przybylinski, VP of Research at PLM strategic management consulting firm CIMdata. CIMdata’s full PLM Market Analysis Report (MAR) for calendar year 2014 will be available in early July.
“We’re very pleased to receive this validation from CIMdata, and we continue to commit to the success of the A&D industry by providing high-quality, market-leading] solutions,” stated Kevin Wrenn, Divisional GM, PLM Segment, PTC.
With an award-winning Internet of things (IoT) platform, PTC is now also able to help A&D companies better build, operate, and service their plant operations as well as their sophisticated products. This, in turn, enables them to achieve better overall growth and profitability goals.
New Industry Report Identifies PTC as the Leading Provider of PLM Collaboration Software to Aerospace and Defense Manufacturers
1. New Industry Report Identifies PTC as the Leading Provider of PLM
Collaboration Software to Aerospace and Defense Manufacturers
NEEDHAM, MA — June 16, 2015 — PTC (Nasdaq: PTC) today announced it has been named by
CIMdata as the leading provider of Product Lifecycle Management (PLM) collaboration software
to aerospace and defense (A&D) manufacturers.
Aerospace and defense manufacturers continue to view investment in PLM strategies and
technologies as a key means to innovate, differentiate, and drive efficiency into product
development initiatives. Around the world, these manufacturers seek to implement ways to
modernize their technology infrastructure and business processes to meet rising market
demand. Industry experts estimate that as many as 33,000 new aircraft will be delivered to
market over the next 20 years due to the need for more fuel-efficient aircraft, the growing
world population, and the aging condition of the existing fleet. PLM plays a critical role in
helping manufacturers address these demands by bringing new aircraft to market more quickly
and efficiently while delivering the highest level of quality and safety.
“Our most recent PLM market research points to PTC as the industry leader in providing
collaborative Product Definition management (cPDm) solutions to the A&D market with its PTC
Windchill® portfolio,” said Stan Przybylinski, VP of Research at PLM strategic management
consulting firm CIMdata. CIMdata’s full PLM Market Analysis Report (MAR) for calendar year
2014 will be available in early July.
“We’re very pleased to receive this validation from CIMdata, and we continue to commit to the
success of the A&D industry by providing high-quality, market-leading] solutions,” stated Kevin
Wrenn, Divisional GM, PLM Segment, PTC.
With an award-winning Internet of things (IoT) platform, PTC is now also able to help A&D
companies better build, operate, and service their plant operations as well as their
sophisticated products. This, in turn, enables them to achieve better overall growth and
profitability goals.
Additional Resources:
CIMdata (web site)
PTC Product Lifecycle Management Resource Center (web site)
PTC Windchill Solution Pages (web site)
2. About PTC
PTC (Nasdaq: PTC) is a global provider of technology platforms and enterprise applications for
smart and connected products, operations, and systems. PTC’s enterprise applications serve
manufacturers and other businesses that create, operate and service products. Led by its award
winning ThingWorx® application enablement platform, PTC’s platform technologies help
companies deliver new value emerging from the Internet of Things. An early pioneer in
Computer Aided Design (CAD) software, PTC today employs more than 6,000 professionals
serving more than 28,000 businesses worldwide.
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PTC, the PTC logo, Windchill, and ThingWorx aretrademarks orregistered trademarks of PTCInc. or its
subsidiaries in the United States and othercountries.
Contacts
PTC
Beth Ambaruch
952.435.5058
bambaruch@ptc.com
WeberShandwick for PTC
Anand Savani
617.520.7290
asavani@webershandwick.com