Parametric Technology
 |
|
| Public | |
| Traded as |
NASDAQ: PTC S&P 400 Component |
| Industry | CAD/CAM/CAE/ PLM Software/ ALM/ SLM/ IOT |
| Founded | May 1985 |
| Headquarters | Needham, Massachusetts, United States |
|
Key people
|
Robert P. Schechter (Chairman) James E. Heppelmann (President & CEO) |
| Products | PTC Creo, PTC Windchill, PTC Mathcad, PTC Integrity, PTC Servigistics, PTC Arbortext, ThingWorx |
| Revenue |
 $1.3 billion USD (2015) |
|
$41.6 million USD (2015) |
|
|
$48 million USD (2015) |
|
|
Number of employees
|
5,982 (2015) |
| Website | www |
PTC (formerly Parametric Technology Corporation) is a computer software and services company founded in 1985 and headquartered outside of Boston, Massachusetts. The company developed parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for product lifecycle management (PLM) in 1998. PTC markets products and services and an Internet of things (IoT) and augmented reality (AR) platform for partners and developers.
PTC has six core product families: Creo, Windchill, Mathcad, Integrity, Servigistics, ThingWorx. 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.
The PTC CAD product provides a set of Computer Aided Design capabilities. PTC CAD is a 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 PTC’s products formerly known as Pro/ENGINEER, CoCreate, and ProductView. Other products include:
Engineering calculation software that is used by engineers to solve, document and share the calculations used for product design.
Web-based database software that provides access to product information like MCAD and ECAD data files, process documents, and software engineering information. The PTC Windchill product provides a set of PLM Product Lifecycle Management capabilities and consists of the following products:
The PTC Integrity product provides a set of Application Lifecycle Management (ALM) and Systems Engineering capabilities and consists of the following products:
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Wikipedia