PTC & Lamborghini Unveil Intelligent Product Lifecycle Vision

Core Insights - PTC Inc. is collaborating with Automobili Lamborghini to modernize product development through its Intelligent Product Lifecycle solutions, emphasizing digital innovation for future challenges [1][10] Group 1: Collaboration and Tools - Lamborghini is adopting PTC's Windchill PLM and Codebeamer ALM solutions to enhance product data traceability, streamline engineering change management, and improve team collaboration [2] - PTC's Creo CAD software is utilized by Lamborghini for designing complex engines, which helps accelerate development cycles while maintaining high standards of craftsmanship and performance [3] Group 2: AI Integration and Demonstration - PTC plans to showcase its Intelligent Product Lifecycle at CES 2026, featuring AI-enhanced tools like Codebeamer AI, Windchill AI, and ServiceMax AI to demonstrate the full lifecycle of product development [4][10] Group 3: Strategic Focus and Financial Outlook - PTC is divesting Kepware and ThingWorx to concentrate on an AI-driven Intelligent Product Lifecycle, with positive feedback and early operational gains already noted [7] - The company targets 7%-9% ARR growth for fiscal 2026 and aims for $1 billion in free cash flow, supported by strong deferred ARR and a stock buyback program of $150-$250 million per quarter [8]