Supports rationale for PTC's Product Development System approach
NEEDHAM, Mass., Oct. 3 /PRNewswire-FirstCall/ -- PTC (Nasdaq: PMTC), the
product development company(TM), today endorsed a newly published report from
AMR Research entitled "CAD Versus ERP Versus PDM: How Best To Anchor a PLM
Strategy." The study credits PTC with strong leadership in product lifecycle
management (PLM) for the second consecutive year.
"AMR Research has provided a thoughtful analysis of how to best implement
PLM," said James Heppelmann, Chief Product Officer and Executive Vice
President. "The authors make clear distinctions between product development
leaders like PTC that are driving PLM and a host of ERP vendors, service
companies and small software players seeking a meaningful role in the PLM
area. AMR Research poses all the right questions for companies working to
develop and implement product lifecycle management capabilities."
In analyzing the report, PTC found that no other vendor matched PTC's
ability to deliver both strong overall capabilities simultaneously with a
leading technology and product architecture (combined result of Tables six and
nine in the report). These strengths, in combination with PTC's industry and
process domain expertise and packaged implementation approach, position PTC as
a leading strategic partner to deliver a complete product development system.
Customers benefit with lower total cost-of-ownership (TCO), less risk, and
shorter deployment timeframes.
Manufacturers clearly understand that PLM leaders must provide solid
interoperability with complementary applications and systems for information
sharing out to the broader enterprise. To that end, PTC earned top marks in
the report for heterogeneous CAD to PDM integration. Equally as important is
the need for advanced integrations with ERP systems, capabilities that PTC
already provides and will strengthen with new out-of-the-box process support
in its forthcoming release of Windchill 7.0.
"Given AMR Research's findings in this new report, we believe PTC is the
ideal partner for companies seeking to anchor their PLM capabilities,
regardless of the direction from which they are approaching it," Heppelmann
concluded.
About PTC
PTC develops, markets, and supports software solutions that help
manufacturers win with superior products. PTC is the world's largest software
company with a total commitment to product development. The company services
more than 35,000 customers worldwide. Further information on PTC is available
at http://www.ptc.com or call 1-888-782-3776, ext. 901.
Except for the historical information contained herein, matters discussed
in this news release may constitute forward-looking statements that involve
risks and uncertainties that could cause actual results to differ materially
from those projected. These include: the success of our initiatives to
facilitate our customer's understanding of the benefits of our PLM solutions,
including return on investment and value creation; our successful development
and integration of the technology necessary to offer integrated solutions that
adequately respond to evolving customer enterprise requirements; the success
of our Windchill -- Pro/ENGINEER product development system strategy
initiatives; the success of our partnering, distribution and customer
satisfaction initiatives; the success of our cost reduction initiatives; and
the effects of a weakening economy which may impact the overall demand for
software and related services; as well as other risks and uncertainties
detailed from time to time in reports filed by PTC with the Securities and
Exchange Commission, including the Company's most recent reports on Form 10-K
and 10-Q.
PTC and its logo, Product First, The Product Development Company, Create
Collaborate Control, Simple Powerful Connected, Pro/ENGINEER, Wildfire,
Windchill, and all PTC product names and logos are trademarks or registered
trademarks of Parametric Technology Corporation or its subsidiaries in the
United States and in other countries.
Investor Contact
Meredith Mendola
781-370-6151
mmendola@ptc.com
Press Contact
Joe Gavaghan
781-370-5074
jgavaghan@ptc.com
SOURCE PTC
 back to top
Related links:
http://www.ptc.com
CONTACT:
Investor Contact: Meredith Mendola,
+1-781-370-6151, mmendola@ptc.com, or Press Contact: Joe
Gavaghan, +1-781-370-5074, jgavaghan@ptc.com, both of PTC
|
