Core Insights - PTC Inc. has introduced two significant features to its Onshape platform: Onshape AI Advisor and Onshape Government, aimed at enhancing product development and regulatory compliance for engineers and organizations [1][8] - Onshape is recognized for its rapid innovation cycle, with a three-week release schedule that includes various new features, positioning it as a leading platform in the CAD and PDM sectors [2] - The platform is also making strides in education, with over 1.5 million new signups annually from students and educators, indicating its growing influence in academic settings [3] Onshape AI Advisor - Onshape AI Advisor is a generative AI tool designed to improve the design experience by providing real-time guidance and automating CAD workflows [5] - The AI Advisor utilizes Onshape's resources to deliver accurate answers and recommendations based on user queries, enhancing efficiency [6] - However, it does not create designs or handle complex engineering decisions, emphasizing the need for users to rely on their expertise for critical tasks [7] Onshape Government - Onshape Government is tailored for government agencies and defense contractors, ensuring compliance with ITAR and EAR regulations while providing secure design workflows [8][9] - The platform reduces overhead by minimizing IT costs and eliminating lengthy audits associated with traditional CAD systems, allowing teams to focus on design quality [10] - PTC is pursuing FedRAMP Moderate authorization for Onshape Government to meet federal data security standards [10] PTC's Strategic Developments - PTC's diversified product portfolio, including Creo, Windchill, ThingWorx, and Vuforia Studio, is driving growth and efficiency across industries [12] - A strategic collaboration with Amazon Web Services aims to enhance Onshape's features and increase customer adoption, although PTC has revised its 2025 sales forecast down to $2,430-$2,530 million due to challenging market conditions [13] - PTC's stock has seen a decline of 17.2% over the past year, contrasting with a 2.9% drop in the broader Computer-Software industry [14]

New AI-powered assistant offers designers step-by-step guidance and recommendations during design process Onshape Government delivers cloud-native CAD and PDM to aerospace and defense companies with ITAR and EAR compliance requirements BOSTON, April 15, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced two new offerings from its cloud-native Onshape® computer-aided design (CAD) and product data management (PDM) platform: Onshape AI Advisor, an intelligent, generative AI-powered assistant that enables ...

BOSTON, April 9, 2025 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2025 second quarter results on Wednesday, April 30th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, April 30th at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC I ...

BOSTON, April 2, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced the acquisition of IncQuery Group. IncQuery Group offers application lifecycle management (ALM) and systems engineering development and consultancy services to global manufacturers and product companies. IncQuery Group helps simplify the product development process by connecting hardware and software engineering systems and enables better collaboration across development teams and more efficient management of product data. The acquisiti ...

Core Insights - PTC Inc. has launched Codebeamer 3.0, an advanced Application Lifecycle Management (ALM) solution designed to enhance product development, sustainability, quality, and regulatory compliance [1][4]. Product Features - Codebeamer 3.0 introduces a modern branching method and scaled working sets to improve collaboration among engineering teams, enabling faster development by reusing product requirements and test cases [2]. - The new version includes a Sustainability Template to support eco-friendly product development, reducing reliance on physical prototypes and promoting sustainable design practices [3]. - For industries with stringent regulatory requirements, Codebeamer 3.0 provides full traceability across products, aiding in quality assurance and compliance [3]. Strategic Collaborations - PTC has formed strategic collaborations, including a partnership with Microsoft and Volkswagen Group to develop Codebeamer Copilot, an AI-powered tool aimed at streamlining software development processes for physical products [4]. - In September 2024, PTC signed a strategic collaboration agreement with Amazon Web Services to enhance its Onshape solution, focusing on improving features and advancing AI efforts [7]. Financial Outlook - PTC has narrowed its sales outlook for 2025 to a range of $2,430 million to $2,530 million, down from the previous projection of $2,505 million to $2,605 million, due to forex volatility and a challenging sales environment [8]. Market Performance - PTC currently holds a Zacks Rank of 3 (Hold), with its shares declining by 15.4% over the past year, compared to a 4% decline in the Zacks Computer-Software industry [9].

WARREN, N.J., March 28, 2025 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that the European Commission (EC) has adopted the opinion of the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) to not renew the authorization of Translarna™ (ataluren) for the treatment of nonsense mutation Duchenne muscular dystrophy. While this action effectively removes the drug's conditional marketing authorization in the European Economic Area, the EC indicat ...

Industry-leading ALM solution delivers enhanced speed and scalability with variant management Modern branching method and scaled working sets enable customers to accelerate development of products and ensure compliance Sustainability Template offers eco-friendly design best practices and reduces physical prototypes through reuse Provides end-to-end traceability and process support for product compliance in regulated industries BOSTON, March 27, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced the rel ...

PTC Inc (PTC) is set to exhibit its latest innovation, Windchill AI, at Hannover Messe 2025, strengthening its position in AI-powered product lifecycle management (PLM). Windchill AI is an AI-powered assistant that leverages the vast amount of product data stored in Windchill, PTC’s flagship PLM solution. This advanced AI tool enables engineers and designers to access information faster, streamline decision-making and improve product development efficiency. In addition to Windchill AI, PTC will exhibit its ...

PTC to preview Windchill AI and Document Vault AI agent PTC to demonstrate agentic AI across the product digital thread with Windchill AI, Codebeamer AI, and ServiceMax AI PTC demonstrations available in Hall 17, Stand D40 from March 31 – April 4, 2025 BOSTON, March 25, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) will preview its Windchill® AI product lifecycle management (PLM) assistant, a generative AI-powered PLM offering, at Hannover Messe 2025. Windchill AI leverages all product data stored in Windchill to ...

BOSTON, March 13, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has appointed Trac Pham to its Board of Directors, effective March 17, 2025.Pham is the former Chief Financial Officer of Synopsys, a recognized leader in electronic design automation and semiconductor development. During his tenure as CFO, Pham led Synopsys through two significant transformations that helped scale the company from $2.0B to $5.1B in revenue while expanding operating margins. He is currently on the Board of Dire ...