Global truck giant Volvo Group—owners of Mack and Renault Trucks, among others—made the decision to consolidate all its CAD operations on a single platform: PTC's Creo.
PTC added two more products to its newly formed software as a service (SaaS) division, Atlas, formed after the company’s acquisition of Onshape. Joining Onshape are Creo Generative Design Extension and Vuforia Expert Capture, the first to follow Onshape in PTC’s new Atlas platform.
Is it possible to produce really big business given the coronavirus pandemic’s crippling effects on many of the world’s large enterprises and organizations? Absolutely. Just ask PTC’s CEO, Jim Heppelman, and his coworkers—they just closed a PLM deal with the U.S. Navy that could be worth as much as $100 million over five years, and involving 15,000 users.
PTC (NASDAQ: PTC) today announced the launch of the latest version of its award-winning Windchill® product lifecycle management (PLM) software. Windchill 12 offers new collaboration tools, capabilities to improve product quality, and enhanced deployment options that provide the tools necessary to adapt to today’s changing work environment.
PTC (NASDAQ: PTC) is offering its Onshape® product development software free of charge to high school and college students around the world amid school closures caused by the COVID-19 crisis.
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.