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PTC Announces Startup Program to Accelerate the Future of Aerospace & Defense Innovation
Prnewswire· 2025-07-16 12:30
"Developing our own solutions demands precision and dependable tools at every stage," said Mariarosa Argentiero, Chief Commercial Officer of ARCA Dynamics. "Creo helps us improve our production chain and accelerate the delivery of our products. It's especially powerful for startups because it delivers the advanced capabilities needed for production without requiring additional improvements or add-ons." DETROIT, July 16, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced at the Reindustrialize Summit 202 ...
PTC Launches Creo 12 to Accelerate Design Speed, Productivity, and Collaboration
Prnewswire· 2025-06-04 12:30
Core Insights - PTC has launched Creo 12, a new version of its CAD solution aimed at enhancing design efficiency and collaboration for manufacturers [1][2] - The update includes hundreds of enhancements across design, simulation, and manufacturing capabilities, promoting smarter workflows and increased productivity [1][7] Product Features - Creo 12 introduces new links to engineering material data in PTC's Windchill PLM solution, supporting sustainability by improving visibility into material choices and their environmental impacts [2] - The latest version of Creo+ is now available, offering cloud-enabled collaboration and entitlement tools [2] Demonstration and Market Engagement - PTC will showcase Creo 12 at the International Paris Air Show from June 16 to 22, 2025, highlighting its application in the aerospace sector through partnerships with companies like Hill Helicopters [3] Company Overview - PTC is a global software company based in Boston, employing over 7,000 people and serving more than 30,000 customers worldwide [4]
PTC(PTC) - 2025 Q2 - Earnings Call Presentation
2025-04-30 20:05
Q2'25 FINANCIAL RESULTS Neil Barua CEO Kristian Talvitie CFO April 30, 2025 FORWARD LOOKING STATEMENTS This presentation includes forward looking statements regarding PTC's future financial performance, strategic outlook and expectations, anticipated future operations, expected effects of strategic investments and initiatives, and share repurchase expectations. Because such statements deal with future events, actual results may differ materially from those projected in the forward-looking statements. Inform ...
PTC Expands Onshape Portfolio to Transform Product Design & Compliance
ZACKS· 2025-04-16 13:51
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]