Requirements capture and management is a critical product development process that focuses upon translating customer and market needs into prioritized requirements, targets and constraints while establishing bi-directional traceability between requirements, analysis documentation, product designs, BOMs, and verification data. Many customers find it challenging to properly define and select requirements, ensure requirements are visible throughout the development process, and understand the relationships between requirements and product data. It is critical to understand both how design changes impact requirements and how requirement changes impact designs, schedule and costs.
Windchill RequirementsLink offers powerful new capabilities that help optimize the requirements capture and management process. Highlights include:
“It is essential to understand how each customer requirement affects every component within the product structure as this guides our design approach as well as ensures that all requirements can be validated,” said Eric Krieg, Mechanical Design Discipline Lead at Pratt & Whitney Rocketdyne. “This knowledge is also critical in understanding how a particular requirement change affects the overall cost and scope of the project. A requirements management solution that is integral to PLM can have a significant positive impact on the amount of time and effort associated with managing how requirements relate to the product structure as well as assessing the impact of a particular requirement change.”
“As a software development company, PTC clearly understands the challenges customers face in managing complex requirements and the need to include requirements as an integral part of the product development lifecycle,” said Brian Shepherd, executive vice president, product development, PTC. “Windchill RequirementsLink demonstrates PTC’s ongoing commitment to investment in new capabilities that enable our customers to strengthen key development processes that significantly contribute to the success of their business initiatives.”
Windchill RequirementsLink Availability
Windchill RequirementsLink is scheduled to be available during Q4 FY2009* and requires Windchill PDMLink® For more information on Windchill RequirementsLink, please visit the Windchill RequirementsLink product pages on www.ptc.com.
*The timing of any product release, including any features or functionality, is subject to change at PTC’s discretion.
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About PTC ( http://www.ptc.com)
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. To see PTC products in action go to http://www.youtube.com/user/ptcstudio.
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 include: the success of our initiatives to facilitate our customer's understanding of the benefits of our integral PLM solutions, including return on investment and value creation; Our ability to successfully develop, integrate and support the technology necessary to offer an integrated requirements management solution that anticipates and adequately responds to evolving customer requirements; the success of our partnering, distribution and customer satisfaction initiatives; the success of our Windchill integrated solutions strategy; 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.
PTC and its logo, The Product Development Company, Windchill, Windchill PDMLink, Windchill RequirementsLink and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and in other countries. Microsoft, Excel, SharePoint, Windows and Windows NT are registered trademarks and Word is a trademark of Microsoft Corporation.
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