PTC Creo Intelligent Fastener Extension (IFX) automates the process of creating and placing fasteners, reducing the time to complete these tasks by 77 seconds per fastener on average. Key capabilities include automatic hole creation, fastener length selection, counterbore creation, and filtering of compatible washers and nuts. IFX improves productivity by over 90% and can save up to $742 on a product with 50 fasteners through reduced design time.