PTC
Company Snapshot
Company Overview
PTC Inc. (formerly Parametric Technology Corp.) is a global software company that provides a portfolio of innovative digital solutions that work together to transform how physical products are engineered, manufactured and serviced. The company's technology portfolio spans across the computer-aided design (CAD), product lifecycle management (PLM), Industrial Internet of Things (IIoT), and Augmented Reality (AR) markets.
PTC operates through two segments:
- The Software Products segment includes license, subscription and related support revenue (including updates and technical support) for all its products. It offers various PLM including the ThingWorx IIoT platform.
- The Professional Services segment includes consulting, implementation and training services. Its AR Tools & Solutions include Vuforia Instruct, Vuforia Expert Capture, Vuforia Studio, Vuforia Chalk, Vuforia Engine, and Vuforia Work Instructions.
PTC’s portfolio includes CAD, PLM, ALM, IoT, AR, and SLM technologies that work together to establish a digital thread that spans the entire product lifecycle, enabling faster data continuity across business and better collaboration between teams. The company licenses its products to customers worldwide including in the Americas, Europe and Asia-Pacific.
Financial Highlights (FY 2024)
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Company's Business Segments
- Product lifecycle management (PLM) : The segment generated revenue from various software such as ServiceMax and Codebeamer
- Computer-Aided Design (CAD) : Creo, Creo Elements/Direct, Creo+, Onshape
Applications/End User Industries
- Automotive
- Electronics
- Life Sciences
- Industrial Machinery
- Retail and Consumer products Industries
- Aerospace and Defense