Combination Represents Industry’s Most Comprehensive “System for Service”
NEEDHAM, Mass., October 2, 2012 – PTC (Nasdaq: PMTC) today completed its previously-announced acquisition of Servigistics, Inc., developer of an innovative suite of service lifecycle management (SLM) software solutions. The combination of the two companies firmly establishes PTC’s market leadership in SLM by positioning PTC with the most comprehensive “system for service” in the industry.
With over 27,000 customers worldwide, PTC has long been known for its world-class technology solutions that optimize the way companies create products. By adding Servigistics, PTC is now fully able to help global manufacturers service those same products. From a technology perspective, PTC’s SLM solution portfolio is now unparalleled in the industry, covering: technical information, service knowledge management, service parts management, warranty and contract management, field service management, and service logistics.
“Today, PTC claims leadership in the emerging service lifecycle management market with what we believe is the deepest domain expertise, broadest customer base, and largest market share in the industry,” said PTC’s president and CEO Jim Heppelmann. “Manufacturers have a tremendous opportunity to elevate the contribution of their service organizations to their top and bottom lines. With its breadth of offerings, PTC is now the clear technology partner of choice for manufacturers seeking to capture this new competitive advantage by establishing service as a strategic enterprise function.”
With its comprehensive SLM capabilities, PTC is now uniquely positioned to help discrete manufacturers transform their service strategies and operations into a true source of sustainable competitive edge – what PTC describes as “service advantage.”
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PTC Completes Acquisition of Servigistics
1. PTC COMPLETES ACQUISITION OF SERVIGISTICS
Combination Represents Industry’s Most Comprehensive “System for Service”
NEEDHAM, Mass., October 2, 2012 – PTC (Nasdaq: PMTC) today completed its previously-
announced acquisition of Servigistics, Inc., developer of an innovative suite of service lifecycle
management (SLM) software solutions. The combination of the two companies firmly
establishes PTC’s market leadership in SLM by positioning PTC with the most comprehensive
“system for service” in the industry.
With over 27,000 customers worldwide, PTC has long been known for its world-class
technology solutions that optimize the way companies create products. By adding Servigistics,
PTC is now fully able to help global manufacturers service those same products. From a
technology perspective, PTC’s SLM solution portfolio is now unparalleled in the industry,
covering: technical information, service knowledge management, service parts management,
warranty and contract management, field service management, and service logistics.
“Today, PTC claims leadership in the emerging service lifecycle management market with
what we believe is the deepest domain expertise, broadest customer base, and largest market
share in the industry,” said PTC’s president and CEO Jim Heppelmann. “Manufacturers have
a tremendous opportunity to elevate the contribution of their service organizations to their top
and bottom lines. With its breadth of offerings, PTC is now the clear technology partner of
choice for manufacturers seeking to capture this new competitive advantage by establishing
service as a strategic enterprise function.”
With its comprehensive SLM capabilities, PTC is now uniquely positioned to help discrete
manufacturers transform their service strategies and operations into a true source of
sustainable competitive edge – what PTC describes as “service advantage.”
Additional Resources
Servigistics Integration Page
PTC’s Service Lifecycle Management Resource Center
Gartner Report: The Service Lifecycle Maturity Model
IDC Report: Worldwide Warranty Transaction Management
About PTC
PTC (Nasdaq: PMTC) enables manufacturers to achieve sustained product and service
advantage. The company’s technology solutions transform the way products are created and
2. serviced across the entire product lifecycle – from conception and design to sourcing and
service. Founded in 1985, PTC employs over 6,000 professionals serving more than 27,000
businesses in rapidly-evolving, globally distributed manufacturing industries worldwide. Get
more information at www.ptc.com.
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PTC and all PTC product names and logos are trademarks or registered trademarks of
Parametric Technology Corporation or its subsidiaries in the United States and in other
countries.
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