Faster Time-To-Market Improves Customer Satisfaction, Increases Global Competitiveness
NEEDHAM, MA. – July 13,2009 - PTC (Nasdaq: PMTC), the Product Development Company®, today announced that GIGABYTE Corporation, a leading consumer electronics manufacturer, has deployed Windchill®, PTC’s content and process management solution, to accelerate product development in its NetCom division. As a result of the implementation, product development hours have been reduced by up to 30%, helping GIGABYTE to increase competitive advantage through tighter integration with its supply chain and faster time to market. The Windchill deployment expands GIGABYTE’s existing relationship with PTC as a long time user of Pro/ENGINEER® for product design.
Established in 1986, GIGABYTE Technology, a leading manufacturer of motherboards and graphics accelerators has expanded its product portfolio to include more diverse digital products including Notebook and desktop PCs, digital home appliances, networking servers, communications, mobile and handheld devices. Facing the highly competitive international market and the need to meet constantly changing customer requirements, GIGABYTE needed a solution that would enable it to optimize its product development process and accelerate time to market. Based upon its successful use of Pro/ENGINEER for product design, the company chose to expand its relationship with PTC through deployment of Windchill® 9.0 for content and process management. GIGABYTE will use Windchill to manage Research and Development projects, Engineering Revisions, product information & BOM, technical documentation and engineering information and integrate with the current ERP system.
" Windchill 9.0 will help optimize product development at GIGABYTE by reducing research and development hours, increasing data reuse rate across the development team and improving project quality,” said Mr. Nill Bai, CIO, GIGABYTE. “Streamlining the development process will enable our engineers to work more efficiently while maximizing innovation and quality, which supports our strategic objectives.”
“ Windchill 9.0 is uniquely able to support organizations like GIGABYTE by providing a single, comprehensive PLM system that supports the entire process starting from early-stage product development,” said David Rubin, director, product and market strategy, PTC. “We are pleased that the collaboration between GIGABYTE and PTC has helped GIGABYTE to bring its products to market faster and more efficiently to achieve its business objectives.”
GIGABYTE, headquartered in Taipei, Taiwan, is known as a global leading brand in the IT industry, with employees and business channels in almost every country. Founded in 1986, GIGABYTE started as a research and development team and has since taken the lead in the world's motherboard market. On top of motherboards and graphics accelerators, GIGABYTE further expanded its product portfolio to include notebook and desktop PCs, digital home entertainment appliances, networking servers, communications, mobile and handheld devices, servicing every facet of people's lives at home or business. Everyday GIGABYTE aims to "Upgrade Your Life" with the most innovative designs and impeccable quality and services. Visit www.gigabyte.com.tw for more information.
PTC (Nasdaq: PMTC) provides discrete manufacturers with software and services to meet the globalization, time-to-market and operational efficiency objectives of product development. Using the company’s CAD, and content and process management solutions, organizations in the Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and Medical industries are able to support key business objectives and create innovative products that meet both customer needs and comply with industry regulations. For more information on PTC, please visit http://www.ptc.com.
Except for the historical information contained herein, matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include PTC’s successful development and integration of the technology necessary to offer an integrated, flexible and scalable product development system that is able to adequately respond to the evolving requirements of both large and small customers in multiple vertical industries; as well as other risks and uncertainties detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including the Company’s most recent reports on Form 10-K and 10-Q. The announcement of any particular selection of PTC products is not necessarily indicative of the timing of recognition of revenue there from or the level of revenue for any particular period.
PTC and its logo, The Product Development Company, Pro/ENGINEER, Windchill and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation and/or its subsidiaries in the United States and in other countries.