Contrary to its archrivals, Dassault Systèmes and Siemens PLM Software, PTC targets various lines of business (e.g., engineering, service, manufacturing, sourcing/supply chain, etc.) with its product portfolio rather than via dedicated vertical industry teams and offerings. One exception would be retail, where PTC has, for about a decade (after the Aptavis Technology acquisition in 2005), been offering an astute product lifecycle management (PLM) and supply chain management (SCM) solution called PTC Windchill FlexPLM. This sector is one of the fastest growing at PTC, although not one of the largest by any stretch of imagination, as it’s currently at about eight percent of PTC revenues (compared to five percent last year).
At the PTC Live Global 2013 conference, PTC announced its new PTC Retail PLM Solution developed specifically for the requirements of companies in the retail, footwear, and apparel industry, and built on the aforementioned PLM solution for that industry. For retailers, delivering innovative, trend-right products to the market faster has become a business imperative. Maintaining high quality products, building a competitive edge, and generating consistent profit margins continue to be essential.
Cabela’s, the world’s largest direct marketer of hunting, fishing, camping, and related outdoor merchandise, has chosen PTC Windchill FlexPLM software, PTC’s product lifecycle management (PLM) solution for retail. The company will be using PTC’s PLM solutions to manage the entire life cycle of its apparel products from conception, through design, technical design, sourcing, and manufacturing, to commercialization. Read the rest of this entry »
Needham, Massachusetts (US)-based Parametric Technology Corporation (PTC, NASDAQ: PMTC) is an over USD 1 billion large software company that develops, markets, and supports product development software solutions and related services. The company’s solutions help its client companies design products, manage product information, and improve their product development processes. PTC’s software solutions and services have helped its customers increase innovation, improve product quality, decrease time to market (TTM), and reduce product development costs.
PTC offers solutions in the product development market, which encompasses the product lifecycle management (PLM) market (i.e., product data management [PDM] and related collaborative solutions) and the so-called CAx (computer-aided technologies) market, which includes computer-aided design (CAD), computer-aided manufacturing (CAM), and computer-aided engineering (CAE) solutions. The company’s software solutions provide its customers with an integral product development system (PDS) that enables these enterprises to create digital product content, collaborate with others in the product development process, control product content, automate product development processes, configure products and product content, and communicate product information to people and systems across the extended enterprise and design chain.
Following the general opening session presented by keynote speaker Peter Burrows, CIO Emeritus, Head of Enterprise Architecture, adidas Group, the media and analyst discussion session with Burrows allowed me to learn more details about adidas’ FlexPLM implementation.
In addition, I also had a 1:1 interview with Kathleen Mitford, VP, Product and Marketing Strategy focusing on the consumer products, retail, footwear, and apparel industries, to learn FlexPLM’s achievements and product roadmap of FlexPLM.
After all that, I have to give my personal Day Two keyword to “FlexPLM.” As to my keyword for Day One, I believe it was “strategy,” as I indicated in my previous blog post. Read the rest of this entry »