PTC (software company)

From Wikipedia, the free encyclopedia

PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill

o 1.3 PTC Mathcad

o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext
o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill

Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]

1989 - Initial public offering. (NASDAQ: PMTC)[16]

1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
1.

"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.

Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.

 Weisberg, David E. (2008). The Engineering Design Revolution: The People,

Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".

 "PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.

2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
1

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

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Companies listed on NASDAQ

Needham, Massachusetts

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PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext
o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics

& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]

2009 - Acquired Relex Software for its reliability engineering software.[25]

2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
1.
"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.
Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.

 Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".

Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.

 http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
1

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

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This page was last modified on 15 March 2015, at 15:10.

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PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext
o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,

operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
2.

 "Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.

Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.

 Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21

January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
2

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

Navigation menu

Create account

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Read

Edit

View history

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Edit links

This page was last modified on 15 March 2015, at 15:10.

Text is available under the Creative Commons Attribution-ShareAlike License;

additional terms may apply. By using this site, you agree to the Terms of Use and
Privacy Policy. Wikipedia is a registered trademark of the Wikimedia Foundation,
Inc., a non-profit organization.

Privacy policy

About Wikipedia

Disclaimers

Contact Wikipedia

Developers

Mobile view

PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics

o 1.6 PTC Arbortext

o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to

support web-based services.[15]

2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also

has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
2.
"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.
Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.

 "PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For

Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.


http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
2

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC
Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

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This page was last modified on 15 March 2015, at 15:10.

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additional terms may apply. By using this site, you agree to the Terms of Use and
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PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext
o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics

& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]

2009 - Acquired Relex Software for its reliability engineering software.[25]

2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
3.
"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.
Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.

 Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".

Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.

 http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
3

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

Navigation menu

Create account

Log in

Article

Talk

Read

Edit

View history

Main page

Contents

Featured content

Current events

Random article

Donate to Wikipedia

Wikipedia store

Interaction

Help

About Wikipedia

Community portal

Recent changes

Contact page

Tools

What links here

Related changes

Upload file

Special pages

Permanent link

Page information

Wikidata item

Cite this page

Print/export

Create a book

Download as PDF

Printable version

Languages

Deutsch

Franais

Italiano

Edit links

This page was last modified on 15 March 2015, at 15:10.

Text is available under the Creative Commons Attribution-ShareAlike License;

additional terms may apply. By using this site, you agree to the Terms of Use and
Privacy Policy. Wikipedia is a registered trademark of the Wikimedia Foundation,
Inc., a non-profit organization.

Privacy policy

About Wikipedia

Disclaimers

Contact Wikipedia

Developers

Mobile view

PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext
o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,

operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
3.

 "Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.

Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.

 Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21

January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
3

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

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PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics

o 1.6 PTC Arbortext

o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to

support web-based services.[15]

2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also

has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
4.
"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.
Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.

 "PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For

Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.


http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
4

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC
Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

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PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people
Products

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,

Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext
o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]

Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
4.
"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.
Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.

 Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.

Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego

 "STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31

January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
4

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

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Create account

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Read

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This page was last modified on 15 March 2015, at 15:10.

Text is available under the Creative Commons Attribution-ShareAlike License;

additional terms may apply. By using this site, you agree to the Terms of Use and
Privacy Policy. Wikipedia is a registered trademark of the Wikimedia Foundation,
Inc., a non-profit organization.

Privacy policy

About Wikipedia

Disclaimers

Contact Wikipedia

Developers

Mobile view

PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext
o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo

Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
5.

"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.

Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.

 "PTC Integrity". http://www.ptc.com/product/integrity.

"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.

 "Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
5

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

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This page was last modified on 15 March 2015, at 15:10.

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PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type

Public

Traded as
Industry
Founded
Headquarters
Key people

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext

o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity

Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,

footwear and apparel technology.[20]

2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]

PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
5.
"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.
Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.

 "PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.

 "PTC Advances Green Product Design And Environmental Regulatory Compliance

Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
5

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Categories:

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

Navigation menu

Create account

Log in

Article

Talk

Read

Edit

View history

Main page

Contents

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Related changes

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Page information

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Cite this page

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Create a book

Download as PDF

Printable version

Languages

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Franais

Italiano

Edit links

This page was last modified on 15 March 2015, at 15:10.

Text is available under the Creative Commons Attribution-ShareAlike License;

additional terms may apply. By using this site, you agree to the Terms of Use and
Privacy Policy. Wikipedia is a registered trademark of the Wikimedia Foundation,
Inc., a non-profit organization.

Privacy policy

About Wikipedia

Disclaimers

Contact Wikipedia

Developers

Mobile view

PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Products
Revenue

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]

Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

$197 million USD (2014)[1]

$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products
o 1.1 PTC Creo
o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext
o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext

Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered
first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their

software applications that connect and track network-enabled products.[33]

2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
6.
"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.
Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.
PTC Acquires Axeda
About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.

 Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.

http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.

 Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic

Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
6

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

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PTC (software company)

From Wikipedia, the free encyclopedia
PTC (Parametric Technology Corporation)

Type
Traded as
Industry
Founded
Headquarters
Key people

Products
Revenue
Operating
income
Net income
Total assets
Total equity
Number of
employees
Website

Public
NASDAQ: PTC
CAD/CAM/CAE/ PLM Software/
ALM/ SLM/ IOT
May 1985
Needham, Massachusetts, USA
Donald K. Grierson (Chairman)
James E. Heppelmann (President &
CEO)
PTC Creo, PTC Windchill, PTC
Mathcad, PTC Integrity, PTC
Servigistics, PTC Arbortext,
Thingworx, Axeda
$1.4 billion USD (2014)[1]
$197 million USD (2014)[1]
$160 million USD (2014)[1]
$2.2 billion USD (2014)[1]
$854 million USD (2014)[1]
6,200 (2014)[1]
www.ptc.com

PTC, Inc. (formerly Parametric Technology Corporation) is a U.S.-based computer

software company specializing in 2D & 3D design software, product lifecycle management
(PLM), and service management solutions. Its core product lines are PTC Creo (CAD), PTC
Windchill (PLM), PTC Mathcad (Engineering Calculation), PTC Integrity (ALM), PTC
Servigistics, and PTC Arbortext (Technical Documentation).

Contents

1 Products

o 1.1 PTC Creo

o 1.2 PTC Windchill
o 1.3 PTC Mathcad
o 1.4 PTC Integrity
o 1.5 PTC Servigistics
o 1.6 PTC Arbortext
o 1.7 ThingWorx
o 1.8 Axeda

2 History

3 Companies acquired by PTC

4 Support of STEM Education

5 Awards and Accolades

6 References

7 External links

Products
The neutrality of this section is disputed. Relevant discussion may be found on the
talk page. Please do not remove this message until the dispute is resolved. (March
2015)

PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, and
Arbortext. PTC develops and delivers technology solutions, consisting of software and
services. The Company's technology is primarily used by discrete manufacturers to design,
operate and maintain complex products. PTC's technology is also used to connect products to
the Internet for purposes of capturing and analyzing information from them. [2]

PTC Creo
Main articles: PTC Creo, PTC Creo Elements/Pro, Creo Elements/Direct and PTC Creo
Elements/View
Suite of 2D and 3D product design software used to create, analyze and view product
designs. PTC Creo software was released in June 2011 to replace and supersede PTCs
products formerly known as Pro/ENGINEER, CoCreate, and ProductView.[3]

PTC Windchill
Web-based database software that provides access to product information like MCAD and
ECAD data files, process documents and software engineering information.[4]

PTC Mathcad
Engineering calculation software that is used by engineers to solve, document and share the
calculations used for product design.[5]

PTC Integrity
Application lifecycle management software that lets engineers connect software engineering
requirements with mechanical engineering requirements early in a products design phase.
Integrity along with other PTC products is aligned with the Systems Engineering V model /
Diagram. PTC Integrity is the only ALM tool optimized for software intensive products and
systems be it Medical Devices, Industrial Manufacturing, Aerospace & Defence, Electronics
& Hi Tech or Automotive. Integrity's focus on mechatronics has made it a must have solution
for most manufacturers across the globe.[6]

PTC Servigistics
Service lifecycle management software that is used by manufacturers to understand how
service planning, customer service, and analysis of returned product data can improve service
value over a products life.[7]

PTC Arbortext
Documentation software that helps companies create, manage, and publish technical
information.[8]

ThingWorx
A Platform for the rapid development of applications designed for a world of smart,
connected sensors, devices, and products or the Internet of Things.[9]

Axeda
An advanced cloud-based service and software for managing connected products and
machines and implementing innovative Machine-to-Machine (M2M) and Internet of Things
(IoT) applications. [10] [11]

History
1985 - Company founded by Samuel Geisberg, formerly from Prime Computer,
Computervision, and Applicon.[12]
1988 - Steve Walske named CEO.[13] Company shipped Pro/ENGINEER and was considered

first to market with parametric modeling design software.[14] This positions PTC as a leader in
the CAD industry until the mid-1990s when a new generation of low-cost competitors arrive
in the market.[15]
1989 - Initial public offering. (NASDAQ: PMTC)[16]
1992 - Caterpillar Inc. becomes PTCs largest customer.[15]
1998 - Company ships Windchill and is considered first to market with internet-based
solutions for Product Lifecycle Management (PLM).[15]
1999 - PTC announces it has 25,000 customers. Major industries include aerospace,
retail/footwear/apparel, automotive, industrial equipment, consumer products, electronics,
and high tech.[17]
2002 - The company releases Pro/ENGINEER Wildfire.[18] This is the first CAD system to
support web-based services.[15]
2005 - Acquired Arbortext for technical publishing technology.[19] Acquired Aptavis for retail,
footwear and apparel technology.[20]
2006 - Acquired Mathsoft for its engineering calculation software.[21] Acquired ITEDO for its
3D technical illustration software.[22]
2007 - Acquired CoCreate for its direct modeling technology.[23]
2008 - Acquired Synapsis for its performance analytics technology to improve environmental
performance of products.[24]
2009 - Acquired Relex Software for its reliability engineering software.[25]
2010 - James E. Heppelmann announced as CEO effective October 1, 2010.[26] Company
renames Pro/ENGINEER to PTC Creo and promises the market product design software that
is scalable, open, and easy-to-use.[27]
2011 - Acquired 4CS for its warranty, service, support and service parts technology.[28]
Acquired MKS for its application lifecycle management technology for all software
development processes.[29]
2012 - Acquired Servigistics for its suite of service lifecycle management software.[30]
2013 - Acquired NetIDEAS hosting vendor for more technology deployment options.[31]
Acquired Enigma for its ability to deliver technical content to aftermarket service
environments.[32] Acquired Internet of Things platform developer ThingWorx for their
software applications that connect and track network-enabled products.[33]
2014 - Acquired Axeda Corporation [34]
2014 - Acquired ATEGO Software, a leader in MBSE (Model-Based Systems Engineering)
tool used in Aerospace, Transportation, Automotive industries (such as Alstom Transport,
Rolls-Royce Defence, PSA...) [35]

Companies acquired by PTC

Prime Computer in 1992.

CDRS and 3DPaint from Evans & Sutherland on April 12, 1995 for $33,507,000.[36]

Rasna Corp., developers of MECHANICA design optimization and simulation

software, in May 1995 for $180 million.[37]

Computervision, developers of CADDS, MEDUSA and the MPDS Plant Design

System in 1998 [38]

Polyplan, Technologies acquired 2005 for Manufacturing Process Management

Arbortext, developers of Arbortext, in 2005 for $190 million [39]

DENC AG and Cadtrain Inc. in late 2005 for for an aggregate of $10 million. DENC
adds a German consulting practice with expertise integrating PTC applications with
enterprise-resource-planning software. Irvine, Calif.-based Cadtrain provides online
training modules for PTC software.[40]

Aptavis Technology Corp, Windchill-based technology and expertise for retail,

footwear and apparel, in June 2005[41]

Mathsoft, developers of Mathcad, in April 2006 for $63 million.[42]

ITEDO Software GmbH in October 2006 for $17 million. ITEDO developed technical
illustration software and had 34 employees mainly in Germany and the United States.
[43]

NC Graphics in May 2007 for an undisclosed sum.[44]

NetRegulus, Inc,an Enterprise Study and Quality management software for Medical
Devices, in November 2007[45]

CoCreate in December 2007 for $250 million.[46]

Synapsis Technology in December 2008 for an undisclosed sum.[47]

Relex Software in June 2009 for $25 Million.[48]

Planet Metrics in January 2010 for an undisclosed sum.[49]

MKS Software makers of MKS Integrity - May, 2011[50]

4CS Software Solutions Inc, a developer of warranty management and service

lifecycle management software for an undisclosed sum [51]

Servigistics in August 2012

Enigma in July 2013

NetIDEAS in September 2013

ThingWorx in January 2014 [52]

Atego (company), a developer of model-based systems and software engineering

applications based in Cheltenham, UK for approximately $50 million in cash in July
2014 [53]

Axeda Corporation - a leader in the M2M / IoT space connecting things with people
and other things, based in Foxborough, MA for approximately $170 million in cash in
August 2014

Support of STEM Education

In 1999, PTC created a Global Academic Program designed to support educational initiatives
in science, technology, engineering, and math (STEM) skills. The program aims to partner
schools and universities with companies to assist students in developing real-world skills
needed for careers in manufacturing, technology, and other STEM jobs.[54] The program also
has a direct recruitment program intended to place students in jobs with PTCs commercial
customers.[54]
PTC has also been a corporate sponsor of FIRST (For Inspiration and Recognition of Science
and Technology) since 2008, providing participating students with access to PTC software for
use in the FIRST Tech Challenge, FIRST Robotics Competition, FIRST Lego League, and
FIRST World Championship.[55]

Awards and Accolades

4th Annual Postscapes Internet of Things (IoT) Awards: [56][57]

CEO of the Year: Jim Heppelmann

Technical Enabler: Platform and Tools: The ThingWorx Application Platform

Partner and Ecosystem Builder of the Year: PTC solutions

Acquisition of the Year: ThingWorx and Axeda.

Must-Follow IoT Company: ThingWorx, a PTC

Event of the Year: LiveWorx

References
6.

"Financial Statements for PTC Inc.". Google Finance. Retrieved 2013-12-17.

Bloomberg : PTC Inc.
"PTC Creo". http://www.ptc.com/product/creo.
"PTC Windchill". http://www.ptc.com/product/windchill.
"PTC Mathcad". http://www.ptc.com/product/mathcad.
"PTC Integrity". http://www.ptc.com/product/integrity.
"PTC Servigistics". http://www.ptc.com/product/servigistics.
"PTC Arbortext". http://www.ptc.com/product/arbortext.
"ThingWorx". http://www.ptc.com/product/thingworx.

 PTC Acquires Axeda

About Axeda
"Parametric Technology Corp.". IndustryWeek. Retrieved 21 January 2014.
"Forbes Profile: Steve Walske". Forbes. Retrieved 21 January 2014.
"CAD software - history of CAD CAM". CADAZZ. Retrieved 21 January 2014.
Weisberg, David E. (2008). The Engineering Design Revolution: The People,
Companies and Computer Systems That Changed Forever the Practice of Engineering.
"Parametric Technology Corporation (PMTC)". Investor Village. Retrieved 21
January 2014.
"Parametric Technology Reports Fiscal 1999 Second Quarter Results". Retrieved 21
January 2014.
"PTC's Pro/ENGINEER(R) Wildfire(TM) Delivers Industry's Best Platform For
Product Development". Retrieved 21 January 2014.
"PTC Forays Into Publishing". Cadalyst. Retrieved 21 January 2014.
"PTC Buys Aptavis, Grows PLM For Retail, Apparel Firms". Aroq Ltd. Retrieved 21
January 2014.
"Mathsoft Buy Will Enhance PTC's Analytical Capabilities". Gartner. Retrieved 21
January 2014.
Ferris, Sara. "PTC Acquires ITEDO, IsoDraw Products". Cadalyst. Retrieved 21
January 2014.
Rowe, Jeff. "PTC Completes CoCreate Acquisition". MCADCafe. Retrieved 21
January 2014.
Halpern, Marc. "PTC's Acquisition of Synapsis Accelerates Green PLM Trend".
Gartner. Retrieved 21 January 2014.
Shelley, Tom. "Acquisition boosts design reliability". Eureka Magazine. Retrieved 21
January 2014.
"James Heppelmann assumes Role of CEO at PTC". CXO Today. Retrieved 21
January 2014.
Hand, Randall. "PTC Renames Pro/ENGINEER to Creo Design Software". VizWorld.
Retrieved 21 January 2014.
Brown, Rodney. "PTC picks up warranty and service software firm 4CS". Boston
Journal. Retrieved 21 January 2014.
Wong, Kenneth. "PTC Buys MKS, Adds System and Software Management to PLM".
Desktop Engineering. Retrieved 21 January 2014.
Barkai, Joe. "PTC Acquires Servigistics -- Strengthens Position in Service Lifecycle
Management". IDC. Retrieved 21 January 2014.
Resende, Patricia. "Post restructuring, PTC buys longtime partner NetIDEAS".
Boston Journal. Retrieved 21 January 2014.
Reidy, Chris. "PTC buys Enigma to enhance its service lifecycle management
portfolio". Boston Globe. Retrieved 21 January 2014.
Ogewell, Verdi. "Why PTC acquired ThingWorx". Engineering.com. Retrieved 21
January 2014.
Collinsworth, Troy. "PTC acquires Axeda". PTC. Retrieved August 2014.
Collinsworth, Troy. "PTC acquires ATEGO". PTC. Retrieved 26 June 2014.
"Parametric Technology Corp - 10-K - for fiscal year 1995". getfilings.
"Parametric Technology Corp - 8-K - For 5/30/95 - EX-99.1". SEC Info. 1995-05-30.
Retrieved 2010-08-14.
"PTC History and Acquisitions". Ptc.com. Retrieved 2010-08-14.


http://www.managingautomation.com/maonline/news/read/PTC_Acquisition_of_Arbortext_
Adds_Dynamic_Publishing_to_PLM_Portfolio_8191
http://www.bizjournals.com/boston/stories/2006/02/27/daily16.html. Retrieved 201008-14. Missing or empty |title= (help)
"PTC Strengthens Commitment To Retail, Footwear And Apparel Industry".
"PTC Buys Mathsoft, Part II - WorldCAD Access". Worldcadaccess.typepad.com.
2006-04-28. Retrieved 2010-08-14.
[1][dead link]
"PTC Acquires, RenamesNC Graphics - WorldCAD Access".
Worldcadaccess.typepad.com. 2007-05-16. Retrieved 2010-08-14.

http://www.ptc.com/WCMS/files/62812/en/NetRegulus_Customer_PTC_Notification_final.p
df
"CoCreate Customer Information". PTC.com. 2007-12-03. Retrieved 2010-08-14.
"PTC Advances Green Product Design And Environmental Regulatory Compliance
Solution With Acquisition Of Synapsis Technology". PTC.com. 2009-06-08. Retrieved 200906-08.
"Parametric Technology acquires Relex Software". TradingMarkets.com. 2009-06-08.
Retrieved 2010-08-14.
"PTC Extends InSight Product Analytics Solution With Environmental Impact
Analysis Technology". PTC.com. 2010-02-08. Retrieved 2010-02-08.[dead link]
"PTC Sets New Standard for Managing Hardware and Software Development
Lifecycles with MKS Integrity Acquisition". yahoo.com. 2011-05-31. Retrieved 2011-07-13.
http://www.ptc.com/appserver/wcms/standards/textsub.jsp?
&im_dbkey=130664&icg_dbkey=21
http://www.ptc.com/about/news-room/press-releases/2013/12/ptc-acquires-leadinginternet-of-things-platform-provider-thingworx
http://www.corumgroup.com/transactions/ptc-atego
"STEM Directory: James Heppelmann - PTC". STEM Connector. Retrieved 31
January 2014.
Wong, Kenneth. "13-Year-Old FRC CADder Luke Dreams of a Personal Robotic
Butler". Desktop Engineering. Retrieved 31 January 2014.
Postcapes 2014/2015 Internet of Things AWARDS Postcapes
6

PTC, ThingWorx, Axeda Win 2014 Internet of Things (IoT) Awards in Six
Different Categories M2M WorldNews

External links

Official website

All of Mathcad
[hide]

PTC

Related
articles

Creo Elements/Pro

Creo Elements/View

Windchill

Mathcad

Categories:

Software companies based in Massachusetts

Companies based in Massachusetts

Companies listed on NASDAQ

Needham, Massachusetts

Navigation menu

Create account

Log in

Article

Talk

Read

Edit

View history

Main page

Contents

Featured content

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Random article

Donate to Wikipedia

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Interaction

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Recent changes

Contact page

Tools

What links here

Related changes

Upload file

Special pages

Permanent link

Page information

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Cite this page

Print/export

Create a book

Download as PDF

Printable version

Languages

Deutsch

Franais

Italiano

Edit links

This page was last modified on 15 March 2015, at 15:10.

Text is available under the Creative Commons Attribution-ShareAlike License;

additional terms may apply. By using this site, you agree to the Terms of Use and
Privacy Policy. Wikipedia is a registered trademark of the Wikimedia Foundation,
Inc., a non-profit organization.

Privacy policy

About Wikipedia

Disclaimers

Contact Wikipedia

Developers

Mobile view