Part 1 of this blog series talked about the major (blockbuster of a sort) announcements at PTC’s PlanetPTC Live 2011 annual user conference, which was held in mid-June 2011 in Las Vegas, Nevada, US. These announcements were as follows:

1. General availability (GA) of nine PTC Creo 1.0 design applications.
2. Showcasing the Windchill 10.0 product lifecycle management (PLM) suite.
3. The acquisition of MKS Inc. and its flagship Integrity platform for embedded software lifecycle management.

But there were a number of other announcements that were seemingly not that earth-shattering. Still, these announcements indicate the ongoing PLM/computer-aided design (CAD) market trends and will likely have significant implications on other product development software market players’ moves.

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Part 1 of this blog series introduced Needham, Massachusetts, United States (US)-based Parametric Technology Corporation (PTC, NASDAQ: PMTC), which is an over US$ 1 billion large software company that develops, markets, and supports product development software solutions and related services. The article analyzed the company’s genesis from its inception in 1985 through the mid 2000s.

In addition to delivering Pro/ENGINEER (a.k.a., Pro/E, recently renamed Creo Elements/Pro) the first parametric, associative feature-based, solid (3D) modeling computer-aided-design (CAD) software in 1988, PTC has since acquired 18 companies to add both technology and industry expertise to its offerings. The article paid special attention to the following noteworthy acquisitions:

• Computervision in 1998 for its competing CADDS product, but which also, as a byproduct of the acquisition, provided PTC with Windchill Technologies and its first-to-market Internet-based product lifecycle management (PLM) solution. Today, the PTC Windchill PLM suite [evaluate this product] is one of the company’s two main product lines and growth engines (as it will be analyzed shortly)
• The Division Group in 1999, for the visualization ProductView product, which was recently renamed Creo Elements/View in connection with the launch of PTC Creo, which will be described in more detail in subsequent articles
• Arbortext in 2005, for its technical product data authoring and dynamic publishing solution, followed by the acquisition of ITEDO, a 2D and 3D technical illustration and animation software company, in 2006. The added capabilities for dynamic authoring, publishing, and service information have enabled service organizations to create and manage the content needed by field service professionals
• Aptivis Technology Corporation in 2005, which formed the basis of Windchill FlexPLM [evaluate this solution], a specialized version of Windchill that has enabled PTC to address the enterprise PLM needs of retailers as well as footwear and apparel/fashion (so-called “softline”) manufacturers and retailers
• CoCreate in 2007, for its direct modeling 3D CAD capabilities, primarily to add its existing customers and history-free, dynamic modeling capabilities to PTC’s CAx (computer-aided technologies) arsenal. The product was recently renamed Creo Elements/Direct (see Part 1 for more detail on the differences between parametric/history-based and explicit/direct modeling approaches) 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. 

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