While opportunities for new or replacement product lifecycle management (PLM) systems at large enterprises are rare, neither is the small to medium business (SMB) market fully exploited. To that end, PTC recently announced the release of PTC Windchill PDM Essentials, the company’s product data management (PDM) software.
Last week, PTC announced its fiscal year first quarter results for 2013. Though its license growth was weak this quarter compared with the same quarter last year, its after-sales services business led by Servigistics experienced strong growth. Read the rest of this entry »
PTC recently announced that Eurocopter, an EADS subsidiary, is expanding its use of PTC technology solutions to enhance the contribution Eurocopter support services makes to the company’s overall business performance. In 2008, EADS selected PTC technology solutions to serve as the backbone of its PHENIX Master Product Definition platform, an initiative to harmonize its product lifecycle management (PLM) environment across the entire company. The latest milestone in this long-standing relationship is the completed deployment of a new Spares Configuration Data Management (SCDM) system that leverages PTC technology to more efficiently manage spare parts across Eurocopter’s global service network.
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 »
Recent years have seen the Siemens Industry Automation Division extend its leading position in the industrial software market with the acquisition of UGS in the United States in 2007, innotec in Germany in 2008, Elan Software Systems in France in 2009, the Brazilian company Active Tecnologia em Sistemas de Automação, Vistagy in the US in 2011, and the German IBS AG in 2012. All of these companies were leading industrial software suppliers in their respective fields. Read the rest of this entry »
Accuride Corporation selects cloud-based Plex Online ERP
Industry tags: Manufacturing
“This Indiana-based automotive components manufacturer and supplier has performed a significant multi-year ERP software evaluation and selection project, resulting in the selection of the cloud-based ERP system from Plex Systems. A single application is to replace seven separate ERP systems, or over different 200 applications, that are running in the head office as well as its subsidiary manufacturing facilities. This implementation is important for Accuride, as it simplifies its IT structure.”—Aleksey Osintsev, TEC Analyst
Jordan’s Furniture retailer selects Coda Financials as its financial management solution
Industry tags: Wholesale and retail trade
“This famous and venerable (over 80 years old) furniture retailer with multiple locations across New England uses a 20-year-old ERP system, and realized that its financial module does not meet the needs of the current business, and costs too much, as well as being operable in constant patching mode only. Therefore they decided to have a look at the market in order to choose another application with a focus on budgeting, planning, real-time tracking, and flexible reporting. Coda Financials was the choice of this thorough selection, and besides the functional capability of the software, ease of collaboration with the Coda team was also an important factor.”—Aleksey Osintsev, TEC Analyst
The recently held PlanetPTC Live 2012 conference espoused the following two mantras – “Systems are Today’s Products” and “Product and Service Advantage.” Look for an exhaustive report from the conference and on PTC’s Winchill PLM (product lifecycle management), Creo CAD (computer aided design), and MKS Integrity application lifecycle management (ALM)/system engineering strategies.
Most recently, on August 8, 2012, PTC doubled down on its latter mantra by announcing it has signed a definitive agreement to acquire Servigistics, Inc., developer of a broad suite of service lifecycle management (SLM) software solutions, for approximately US$220 million (USD) in cash. Pending regulatory approval and satisfaction of other customary conditions, the transaction is expected to be completed in September 2012. The Atlanta, Georgia-based privately held company has roughly 400 employees worldwide and generated approximately $80 million (USD) in revenue in the last 12 months. Read the rest of this entry »
Part 1 of this blog series started with the assertion that product lifecycle management (PLM) solutions are becoming increasingly important to enterprises in a strategic sense. However, not all PLM products are created equal, especially in light of their different origins. Read the rest of this entry »
The SuperYacht Group selects NetSuite
Industry tags: services industry
“The holding that includes magazine and Web site publishing, event hosting, marketing consultancy, and creative services has consolidated and centralized all its activities on cloud-based NetSuite ERP. The company has replaced its point solutions—solutions that had obviously become too tiny for them. The group has reported increased productivity, compared to operations under old systems, and quicker business processes.”—Aleksey Osintsev, TEC Analyst
Part 1 of this blog series started with the assertion that product lifecycle management (PLM) solutions are becoming increasingly important to enterprises, to a strategic degree. However, not all PLM products are created equal, especially in light of their different origins. Read the rest of this entry »
In this day and age of globalization, ever-shorter new product introduction (NPI) cycles and overall product lifecycles, partner collaboration, and whatnot, product lifecycle management (PLM) software solutions have lately increased their strategic significance to enterprises. In his recent Forbes blog post contribution, PTC’s CEO Jim Heppelmann touts PLM as a new path to shareholder value. He argues that the PLM repository of data should be an enterprise system of record rather than mundane transactional enterprise resource planning (ERP) data. Read the rest of this entry »
Part 1 of this blog series introduced Needham, Massachusetts, United States (US)-based Parametric Technology Corporation (PTC, NASDAQ: PMTC), which is an over $1 billion (USD) 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 until the mid-2000s.
Part 2 then analyzed the more recent acquisitions of the products that have meanwhile been turned into integrated modules for the idea concept and product design phases of the product lifecycle within PTC Windchill 10.0, which started shipping in April 2011 (see TEC’s certification report on the product here). The article established that the product lifecycle management (PLM) arena, also referred to as “Enterprise Solutions,” and the realm of computer-aided technologies (CAx), referred to as “Desktop Solutions,” are two distinct markets that present different growth opportunities for the vendor.
Part 2 concluded with an analysis of the PTC Windchill PLM suite [evaluate this product], which is one of PTC’s main product lines and growth engines. Part 3 analyzed the current state of affairs of PTC’s desktop solutions (including the novel PTC Creo suite of applications, as another growth engine) and the company’s competitive positioning.
The final part of this blog post series will conclude with my discussion with PTC’s executives about recent events and the company’s current state of affairs. In the meantime, I attended the company’s PlanetPTC 2011 user conference in June 2011, and here is the blog post series with my impressions and observations.
Siemens recently closed the acquisition of Vistagy, incorporating it into Siemens PLM Software. Vistagy is a provider of specialized engineering solutions including applications for design and manufacture of advanced composite materials.
Composite materials are made of two or more constituent materials that when mixed retain distinct properties. The composite is generally designed to achieve a specific set of attributes, such as lightness, strength, flexibility, durability, etc. Despite their high cost, composites are increasingly being used to manufacture disk brakes for sports and luxury cars and orthopedic dentures, as well as being used in airplanes, wind turbines, and even space ships. Read the rest of this entry »
My attendance of Siemens’ two-day product lifecycle management (PLM) analyst summit in the late summer of 2011 was like trying to drink from a fire hose. Even without the plant automation and manufacturing execution system (MES) discussion (which was also included in the 2010 event), there was an abundance of products and related information, and I am still trying to wrap my mind around the main messages of the event. Look for a separate article on my impressions from the summit, eventually.
In any case, the event ended with a question and answer (Q&A) session between the analysts/bloggers and Siemens PLM top executives. One question was whether, in light of Dassault Systemes recently acquiring Intercim’s MES and Enginuity for process PLM capabilities, and PTC acquiring MKS Inc. in the application lifecycle management (ALM) space, Siemens will also make any acquisitions in the near future. The diplomatic answer by Siemens was to look for some acquisitions down the track, both for technology and functional scope expansion.
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:
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.