PTC Ranked Top Performer in Aberdeen PLM AXIS Report

NEEDHAM, Mass. — (BUSINESS WIRE) — June 24, 2009 PTC (Nasdaq: PMTC), The Product Development Company®, today announced that it has been ranked top performer within the PLM industry in the recent “Product Lifecycle Management (PLM ) Solutions AXIS for Hardgoods Manufacturers, Q2, 2009 ” report by leading technology research and consulting firm, the Aberdeen Group.

The Aberdeen AXIS is an objective, fact-based vendor assessment methodology based on vendor performance in KPI benchmarks from Aberdeen’s domain-specific research, and the Market Readiness of the organization determined by over 250 evaluation criteria. The report measures PLM solution providers’ capabilities in “Market Readiness” and “Value Delivered” and offers enterprise end-users a platform to understand and select PLM solutions.

According to the report, PTC achieved the highest overall score on Market Readiness and Value Delivered to customers. The report cites PTC’s “ability to partner globally and its focus on enabling customer processes” as a key differentiator in the Market Readiness category. PTC’s development of a second global headquarters facility in Shanghai, China is highlighted as a demonstration of its commitment to serving Asia and the Pacific Rim. The report also recognized PTC’s focus on its customers’ business processes and how its Windchill® solutions support those processes when planning enhancements and new product capabilities. Aberdeen concludes that “Customers can engage PTC in a discussion with confidence that the out-of-the-box solution can support their processes.”

In assessing Value Delivered to customers, the report cites PTC’s architectural and development strategy, the overall capabilities of Windchill, and its synergy and integration with other applications within the PTC Product Development System (PDS). Aberdeen states that “PTC’s Windchill should be considered by any size manufacturer that is considering a PLM solution to support its efforts.”

“We believe that Windchill is the best-in-class PLM solution in the industry, offering enterprises of all sizes the broad capabilities needed to achieve their product development initiatives,” said Rob Gremley, executive vice president, marketing, PTC. “It’s rewarding to be recognized for our commitment to deliver maximum value to our customers through superior technology.”

Please see the “ Product Lifecycle Management (PLM ) Solutions AXIS for Hardgoods Manufacturers” for additional detail.

About PTC

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 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: the 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; the ability of PTC to successfully partner and effectively coordinate and manage joint activities (including sales, marketing, implementation and support) with third parties in order to efficiently and cost effectively deliver products and services that meet customer requirements, the success of PTC’s customer satisfaction initiatives in providing the foundation for long-term relationships and repeat business; and our ability to effectively utilize our resources to undertake strategic corporate development initiatives while maintaining our ability to support multiple PLM product suites, together with such other risks and uncertainties as are detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including PTC's most recent reports on Form 10-K and 10-Q.

PTC, the PTC logo, The Product Development Company, and Windchill are trademarks or registered trademarks of Parametric Technology Corporation in the United States and in other countries.



Contact:

PTC:
Kristian Talvitie, 781-370-6151
Corporate Communications
or
For PTC:
Weber Shandwick
Amanda Keane, 617-520-7260
Email Contact




Review Article Be the first to review this article


Featured Video
Jobs
Sr. Mechanical Engineer for Kateeva at Newark, CA
MECHANICAL ENGINEER for Peter R. Thom and Associates at ORINDA, CA
Senior Design Engineer for Kaman at Gilbert, AZ
Mgr Mechanical Engineering 2 for Northrop Grumman at Melbourne, FL
Upcoming Events
Solidworks World 2017, Feb 5 - 8, Los Angeles, CA at Los Angeles CA - Feb 5 - 8, 2017
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
ACE 2017 Nashville at Nashville TN - Mar 21 - 23, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
SolidCAM: Patented Wizard to optimal feeds & speeds
MasterCAM



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise