Part 1 of this blog series introduced Needham, Massachusetts (US)-based Parametric Technology Corporation (PTC, NASDAQ: PMTC), which is an over US$1-billion large software company that develops, markets, and supports product development software solutions and related services. My post analyzed the company’s genesis from its inception in 1985 through the mid 2000s.
Part 2 then analyzed the most
address of ptcs
lately made investments that address enterprise-wide PLM and complementary needs to support manufacturing and customer-facing activities, especially in field service. PTC has not yet targeted the process industries, which require recipe and formula management, for which support it relies on partners. Siemens, SAP , and Oracle do have some process PLM capabilities ( as discussed in my recent series) , while Dassault Systemes has recently joined the club with its acquisition of Enginuity . Thus, a large