PTC today announced that it has acquired Frustum Inc., an advanced generative design software company, for approximately $70 million. Frustum’s technology for generative design—an approach that leverages artificial intelligence (AI) to generate design options—is a transformative addition to the PTC Creo portfolio.
Cloud platforms and Software-as-a-Service (SaaS) solutions have already changed many of the conditions for modern product development work—and are expected to bring even more changes in the future.
PTC announced that Arena, the company’s cloud-based PLM application, is linked to Onshape, its cloud-based CAD application, with a new product called, logically enough, the Connection.
Radical new engineering software tools have emerged in recent years that allow engineers to leverage domain knowledge and computational power to speed up the end-to-end product development process. Yet to leverage these new tools, manufacturers need to access and integrate decades of CAD data, expertise, and workflows. AMC Bridge explores a solution for this challenge in the brand-new Generative Design for Legacy CAD technology demonstration.