PTC Inc. is a global software company founded in 1985 that develops product lifecycle software used by manufacturers to design, make and service products. The company employs nearly 7,000 people worldwide and serves customers including 95% of Fortune 500 discrete manufacturers. Its technical scope spans CAD, PLM, ALM, SLM, IoT, augmented reality and SaaS.
Artificial intelligence is being embedded across PTC's product portfolio as part of a broader shift towards a SaaS business model and continued innovation in both products and ways of working. Technical domains of relevance to AI practitioners include machine-assisted product design and engineering, IoT data through the ThingWorx platform, augmented reality applications supporting design, make and service, and sustainability use cases in manufacturing.
The product portfolio includes Creo for CAD and product design, Windchill for product lifecycle management, ThingWorx as an IoT platform, Onshape as a SaaS-based product development solution, and augmented reality offerings that support the product lifecycle. PTC describes its approach to customers as partnership-based rather than transactional.
Stated values include "Customers Matter" and "Team PTC", reflecting a collaborative, one-team culture. The company operates globally across discrete manufacturing, product design and engineering, service lifecycle management and sustainability.
