PTC (NASDAQ:PTC) (NASDAQ: PTC) develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.
PTC’s primary products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, Codebeamer for application lifecycle management, and Servigistics for service parts and service operations management. The company also offers ThingWorx, an industrial Internet of Things platform, and Vuforia augmented reality solutions, which are used for applications such as connected operations, training, maintenance and remote assistance.
Founded in 1985 as Parametric Technology Corporation, PTC helped pioneer the use of parametric, feature-based solid modeling in computer-aided design. The company serves customers globally across manufacturing and other asset-intensive industries, with operations and customers in North America, Europe, Asia-Pacific and other international markets. PTC is headquartered in Boston, Massachusetts, and is led by President and Chief Executive Officer Neil Barua.
