PTC Expands Relationship with Garrett Motion to Transform New Product Development

Core Insights - PTC has expanded its partnership with Garrett Motion to include the adoption of Codebeamer+ ALM and Windchill+ PLM solutions, enhancing Garrett's product development tools and practices [1][6] - The integration of these solutions aims to unify engineering disciplines and improve collaboration across global teams, supporting Garrett's SaaS-driven transformation [3][4] Company Overview - Garrett Motion is a leader in differentiated technology for emission reduction and energy efficiency in the automotive sector, with a 70-year history of innovation [4] - The company focuses on developing technologies for Zero Emission Vehicles, including fuel cell compressors and electric propulsion systems, and operates six R&D centers and 13 manufacturing sites globally [4] Technology and Innovation - The successful implementation of PTC's Onshape platform has democratized access to CAD data and improved collaboration among cross-functional teams at Garrett [3] - The adoption of Codebeamer+ and Windchill+ is expected to enhance data access to software and hardware requirements, bills of material, and product configurations, aligning with PTC's Intelligent Product Lifecycle vision [3][6] Strategic Goals - The partnership aims to create an AI-ready architecture that will advance Garrett's differentiated technologies in the automotive industry [2] - PTC's vision includes deep integrations between CAD, PLM, and ALM to transform engineering processes and build a robust product data foundation necessary for AI adoption [4]