NEEDHAM, Mass., Dec. 18 /PRNewswire/ -- PTC (NASDAQ: PMTC), the product
development company(TM), today announced that the METAspectrum PLM Evaluation
has positioned PTC in the "Leader" category among PLM vendors. META noted
"PTC, along with having a leading PLM backbone, possesses a large services arm
that effectively aids customers in software deployment."
"Better management of product information is essential to PLM success,"
said META Group analyst Bruce Hudson. "Those vendors who provide that
functionality are achieving greater efficiencies and ultimately enhanced
profitability for their customers."
The study credits PTC with strong leadership in product lifecycle
management (PLM) across criteria for both market presence and performance. In
the eight presence and seven performance rankings, PTC received top scores for
its vision, strategy and technology.
"META has done an tremendous service to users in framing the landscape of
PLM relative to the major players," said Bill Berutti, Senior Vice President,
Marketing and Strategy. "As the reports 'Bottom Line' notes, an effective PLM
backbone affects flexibility, extensibility and cost of ownership. The
METAspectrum Evaluation conclusions clearly align with our approach in calling
for a flexible and scalable PLM technology backbone, a complete product
development system and deep market expertise."
METAspectrum Disclaimer
Permission to reproduce this research has been granted by META Group, Inc.
Any further reproduction or redistribution of this research in any form
without prior written approval is prohibited. METAspectrum is META Group's
independent evaluation of a technology market, representing marketplace
characteristics at a given time and are subject to change without notice. META
Group's permission to reproduce this evaluation should not be deemed to be an
endorsement of any company or product. META Group research is intended to be
one of many information sources and decision-makers should not rely solely on
the METAspectrum evaluation for making solution choices. META Group expressly
disclaims all warranties, express or implied, including but not limited to
fitness of this research for a particular purpose or merchantability.
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
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Related links:
http://www.ptc.com
CONTACT:
Meredith Mendola, +1-781-370-6151,
mmendola@ptc.com, or Joe Gavaghan, +1-781-370-5074,
jgavaghan@ptc.com, both of PTC
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