PTC Inc. is a US-based company founded in 1985 that specializes in developing and supporting product lifecycle management (PLM) software solutions and related services. The company provides high-end computer-assisted design software, such as Creo, and PLM software like Windchill, in addition to Internet of Things and augmented reality industrial solutions. PTC serves a diverse array of industries, including manufacturing, publishing, services, government, and life sciences. With a workforce of over 6,000 professionals, PTC caters to more than 28,000 customers globally, with a significant portion of its revenue generated from North America and Europe.
A team of engineering experts with a strong research and development background who support systems engineers in several industries to create tailormade solutions. Automotive professionals, aircraft engineers, space engineers, all trust us to make their systems work exceptionally, safer, faster, and more reliable.
pure-systems
Acquisition in 2023
Pure-systems GmbH, founded in 2001 and based in Magdeburg, Germany, specializes in variant management engineering software solutions. The company offers pure::variants, a tool designed to manage various components of software products, including their configurations, restrictions, and usage terms. Additionally, it provides pure::variants for IBM Rational DOORS, which facilitates systematic variant management and requirement reuse. Pure-systems also develops tools for creating and maintaining reusable UML and SysML models compatible with platforms such as Sparx Systems Enterprise Architect, IBM Rational Rhapsody, and Simulink. The company's solutions aim to enhance engineering efficiency by simplifying the management of complex features and dependencies across systems, ultimately reducing product time to market. Pure-systems distributes its products online and through partners in several countries, including Japan, the United Kingdom, Ireland, and India. Alongside its software offerings, the company provides consulting and training services to support its clients in implementing effective variant management practices.
ServiceMax
Acquisition in 2022
ServiceMax, Inc. is a leading provider of cloud-based field service software solutions, specializing in Service Execution Management, which encompasses both Field Service Management and Asset Service Management. Founded in 1999 and headquartered in Pleasanton, California, with additional offices across the globe, ServiceMax offers a comprehensive platform designed to enhance the productivity of equipment-centric service operations for various sectors, including life sciences, industrial manufacturing, oil and gas, telecommunications, and more. The company's offerings include advanced features such as work order management, scheduling and dispatch, inventory and contract management, and analytics, all aimed at improving efficiency and customer service. ServiceMax also provides tailored solutions like ServiceMax Linx for automated scheduling and workforce optimization, as well as ServicePulse for enhanced collaboration. By leveraging its cloud-based technology, ServiceMax enables enterprises to optimize their service processes, increase revenue, and ensure compliance while delivering superior customer experiences.
Intland Software
Acquisition in 2022
Intland Software is a global provider of integrated Application Lifecycle Management (ALM) solutions. The company's offerings, particularly the codeBeamer ALM and Intland Retina products, are designed to enhance productivity and streamline complex product and software engineering processes in regulated industries. These solutions feature comprehensive functionalities for requirements management, software development, quality assurance, risk management, and product variants management, all supported by a centralized repository for seamless traceability. Intland Software’s products are Agile and DevOps-ready, facilitating digital product development while ensuring compliance with various international regulations and standards, including ISO, SPICE, and medical standards such as EU MDR and US FDA. The company serves over 500,000 users globally, ranging from large enterprises to small and medium-sized businesses, and is particularly prominent in sectors such as automotive, defense, aviation, pharmaceuticals, and medical devices.
RE'FLEKT
Acquisition in 2022
RE'FLEKT GMBH is a Munich-based technology company that specializes in developing augmented and mixed reality applications tailored for various sectors, including automotive, industrial, distribution, and real estate. Founded in 2012, the company enables businesses to create customized in-house AR and MR applications, making these technologies accessible and scalable. RE'FLEKT also provides a range of services such as consulting, programming, design, planning, maintenance, training, and technical documentation. Their innovative Enterprise Augmented and Mixed Reality Ecosystem empowers clients to effectively integrate their industry knowledge into practical solutions. The company has collaborated with notable clients such as Audi, BASF, and BMW, and has expanded its operations to include teams in Düsseldorf and San Francisco. With a workforce of over 60 employees, RE'FLEKT is recognized by industry analysts as a leader in its field.
Mojo Vision
Series B in 2022
Mojo Vision Inc. is a company based in Saratoga, California, established in 2015, that specializes in augmented reality technology. The firm is focused on developing high-performance micro-LED displays for various applications, including consumer, enterprise, and government sectors. It has created the world's smallest and densest dynamic display integrated into a smart contact lens, designed to provide users with timely information without disrupting their focus. This innovative product allows for hands-free connectivity and access to relevant information, thereby minimizing reliance on traditional mobile devices. Additionally, Mojo Vision has formed a joint development agreement with Menicon Co., Ltd. to explore smart contact lens products further, leveraging its advanced micro-LED technology and manufacturing processes to disrupt the display industry.
Arena Solutions
Acquisition in 2020
Arena Solutions is a developer of cloud-based product lifecycle management (PLM) and quality management systems (QMS) software, designed to streamline product development and commercialization for modern manufacturing companies, particularly in the electronic high-tech and medical device sectors. The company specializes in facilitating collaboration across product life and application life cycles, as well as supply chain management, training, and analytics. By unifying these processes, Arena Solutions enables teams to accelerate product development and delivery, ultimately enhancing profitability while ensuring the lowest total cost of ownership for its clients.
Onshape
Acquisition in 2019
Onshape Inc. is a cloud-based 3D design and product development platform headquartered in Cambridge, Massachusetts. Founded in 2012 by the creators of SOLIDWORKS, the company specializes in providing a comprehensive suite of tools that integrates computer-aided design (CAD), data management, collaboration, and real-time analytics. Its platform enables professional engineers to streamline their design processes, eliminating bottlenecks and enhancing productivity. Onshape allows users to access a secure, unified version of their design data from any device, ensuring that no data is lost and facilitating simultaneous collaboration among team members. The platform has been adopted by thousands of companies across various industries, including robotics, biomedical devices, and industrial machinery, and has logged over 3 million hours of modeling activity. In 2019, Onshape was acquired by PTC Inc.
Matterport
Corporate Round in 2019
Matterport is a spatial data company specializing in the digitization and indexing of the built environment. Its comprehensive 3D data platform enables users to create accurate and immersive digital twins of physical spaces. These digital representations can be utilized for various purposes, including design, development, operation, promotion, and analysis of environments. The company generates revenue primarily through subscription fees from customers who access its platform, along with income from licenses, services, and product sales. Matterport's innovative approach facilitates a deeper understanding of spaces, making it a valuable tool for industries such as real estate, architecture, and construction.
TWNKLS
Acquisition in 2019
TWNKLS is an augmented reality agency that combines developing its own tracking and recognition technology with developing mobile solutions. It specializes in augmented reality productions, real time 3D, and online projects. The company creates, develops, produces, and implements augmented reality applications. Their clients are from the sectors of edutainment, marketing, branding, and construction industry. TWNKLS was founded by Gerben Harmsen in 2011 and is headquartered in Netherlands.
Frustum
Acquisition in 2018
Frustum, Inc., established in 2013 and headquartered in Boulder, Colorado, specializes in design and topology optimization tools aimed at enhancing product development for designers and engineers. The company's key offerings include the Generate platform, which integrates design and topology optimization to facilitate advancements in additive manufacturing, and TrueSOLID, which supports 3D manufacturing processes. Frustum's software tools empower businesses to create, test, and refine manufactured parts and structures, thereby optimizing material layouts based on specific scenarios. This approach helps companies improve product quality while streamlining the design process by reducing the need for manual remodeling or editing. Frustum operates as a subsidiary of PTC Inc.
Waypoint Labs
Acquisition in 2018
Waypoint Labs, founded in 2016 and based in Boston, Massachusetts, specializes in developing real-time movement software that utilizes augmented reality to enhance the efficiency of front-line workers. The company enables trainers to create three-dimensional instructions accessible through AR headsets, such as the Microsoft HoloLens, facilitating improved knowledge capture and distribution on the job. Waypoint Labs focuses on helping businesses spatially map their assets and environments in 3D, tagging them with relevant information to monitor and track both assets and workforce. This innovative approach aims to foster safer and more productive workplaces. Waypoint Labs became a subsidiary of PTC Inc. in June 2018, shortly after its inception at MIT in November 2017.
Kepware Technologies
Acquisition in 2015
Kepware Technologies is a leading provider of communication software for automation, specializing in connectivity solutions for a wide range of automation devices and applications. Founded in 1995 and based in Portland, Maine, the company develops communication drivers for automation controllers, I/O devices, and embedded systems, as well as offering OPC interoperability solutions. Kepware supports over 140 communication protocols, facilitating machine-to-machine (M2M) and machine-to-enterprise (M2E) communications across various operating systems, including Microsoft Windows Desktop and Windows Server. With a strong commitment to customer satisfaction and strategic partnerships with other automation suppliers, Kepware has established itself as a prominent player in the industry, achieving annual shipments exceeding 100,000 units.
Mtell
Series A in 2015
Mtell, founded in 2006, specializes in software solutions designed to enhance the operational health of industrial equipment through machine learning. The company's innovative technology predicts equipment failures and recommends maintenance procedures, significantly contributing to improved performance and profitability. Mtell's solutions are utilized across various sectors, including oil and gas, mining, pharmaceuticals, and wastewater management, thereby playing a vital role in the advancement of the Industrial Internet. In addition to software development, Mtell offers services such as project pre-assessment, machinery installation, and configuration. The company's efforts not only aim to enhance equipment efficiency but also prioritize safety for personnel and the environment.
Vuforia
Acquisition in 2015
Vuforia, a PTC Technology, is the industry's most advanced and widely adopted augmented reality platform. Vuforia is used by hundreds of thousands of developers worldwide. When coupled with the ThingWorx platform, the Vuforia platform unlocks a world of possibilities for creating new ways to create, operate, and service products. Vuforia is supported by a global ecosystem of 250,000+ registered developers and has powered 25,000+ apps with more than 275 million app installs worldwide.
ServiceMax
Series F in 2015
ServiceMax, Inc. is a leading provider of cloud-based field service software solutions, specializing in Service Execution Management, which encompasses both Field Service Management and Asset Service Management. Founded in 1999 and headquartered in Pleasanton, California, with additional offices across the globe, ServiceMax offers a comprehensive platform designed to enhance the productivity of equipment-centric service operations for various sectors, including life sciences, industrial manufacturing, oil and gas, telecommunications, and more. The company's offerings include advanced features such as work order management, scheduling and dispatch, inventory and contract management, and analytics, all aimed at improving efficiency and customer service. ServiceMax also provides tailored solutions like ServiceMax Linx for automated scheduling and workforce optimization, as well as ServicePulse for enhanced collaboration. By leveraging its cloud-based technology, ServiceMax enables enterprises to optimize their service processes, increase revenue, and ensure compliance while delivering superior customer experiences.
ColdLight Solutions
Acquisition in 2015
ColdLight Solutions specializes in advanced analytics, predictive technology, and machine learning. The company is known for its innovative platform, Neuron, which serves as an automated learning engine capable of analyzing vast amounts of data to identify patterns and generate mathematically validated recommendations. This technology enables businesses to make informed decisions based on insights derived from their data. Neuron is designed to be deployed as a Software-as-a-Service (SaaS) cloud solution, allowing customers to leverage its capabilities without significant infrastructure investment. Through its focus on big data and predictive analytics, ColdLight Solutions empowers organizations to harness the potential of their data efficiently and effectively.
Caugnate
Acquisition in 2015
Caugnate specializes in developing augmented reality technology aimed at enhancing remote collaboration, particularly for tasks that require physical interaction, such as equipment maintenance and repair. By utilizing computer vision and augmented reality, the company creates innovative tools that allow users to experience each other's spatial environments more directly. This approach provides a significant advantage in collaborative efforts, facilitating more effective problem-solving and communication in scenarios involving physical objects and spaces.
Axeda
Acquisition in 2014
Axeda Corporation provides remote monitoring and management software and services to manufacturing companies, service providers, and enterprises. The company offers Axeda ServiceLink, an enterprise software system that enables product manufacturers to provide remote service to their customers; and Axeda On-Demand, the software-as-a-service version of Axeda ServiceLink that enables to outsource the IT management responsibilities of remote service implementation. Its software is used in various applications, including diagnosis and repair, remote access, and proactive problem detection, as well as case and patch management, preventive maintenance, and usage monitoring. The company also provides consulting and implementation, customer support, education, and hosting services. It serves homeland security, medical, life sciences, information technology, telecommunications, print and imaging, kiosks, industrial, semiconductor, and building automation markets. The company was founded in 2000 and is headquartered in Foxboro, Massachusetts. Axeda Corporation is a former subsidiary of ITA Holdings, Inc.
Atego Group
Acquisition in 2014
Atego Group is a global software tools and professional services company specializing in the engineering of complex, mission- and safety-critical systems and software. With over 30 years of experience, Atego serves major engineering sectors, including aerospace and defense, automotive, rail, energy, utilities, automation, medical, and electronics. The company offers model-based systems and software engineering applications that facilitate the connection between engineering, architecture modeling, physical product definition, and system verification, promoting process standardization. Atego is known for its pioneering work in standards-based solutions for UML, SysML, UPDM, Ada, and Real-time Java, and it actively collaborates with global standards bodies in systems engineering and software development. Many of Atego's clients have relied on its innovative products and dedicated engineering support for decades, underscoring the company's commitment to excellence in complex system development.
ThingWorx
Acquisition in 2013
ThingWorx is a developer of a software application platform that facilitates the connection of people, systems, and devices in the modern digital landscape. The company specializes in creating and deploying secure connected applications across various environments, including cloud, intranet, and embedded platforms. By leveraging its technology, ThingWorx aims to drive significant operational innovation and enhance resource efficiency for businesses. Its solutions are designed to enable organizations to implement transformative changes that contribute to a more efficient and sustainable world.
NetIDEAS
Acquisition in 2013
NetIDEAS, Inc. is a prominent provider of software hosting and technical consulting services, with a focus on product development and product lifecycle management (PLM). The company has established itself as the preferred hosting solution provider for PTC, offering PTC Windchill solutions in a hosted environment to a diverse array of industries. Recently, NetIDEAS expanded its offerings by adding PTC Windchill Quality Solutions to its portfolio, further enhancing its capabilities in delivering comprehensive PLM services.
Enigma
Acquisition in 2013
Enigma is a developer of software for the management and maintenance of large and complex equipment often found in industrial machinery. Enigma’s software handles the maintenance of databases containing large stores of technical components including heavy industrial equipment, aircraft spare parts and components, mechanical equipment and the like. The software is designed to help manage the maintenance of a product throughout the course of its lifecycle, from the moment it comes off the assembly line all the way through to its installation. Enigma is used in companies throughout the world with client’s including Ford and FedEx to name a few.
Servigistics
Acquisition in 2012
Servigistics is the world's leading enterprise software solution provider for Service Lifecycle Management (SLM). As the recognized leader in SLM, Servigistics’ main goal is to help their clients transform their service business operations to achieve new sources of revenue, profits, competitive differentiation and customer loyalty. At Servigistics, their mission is to consistently deliver beyond their client expectations so they can consistently deliver beyond their customer expectations.
4C Solutions
Acquisition in 2011
4CS provides warranty software solutions. 4CS iWarranty software helps reduce the warranty cost of the products significantly by improving the quality and reliability of the products, sharing the cost and information with suppliers and business partners along with automating the warranty management processes. The iWarranty product directly connects manufacturers, suppliers, dealers, partners and customers in a service network. It optimizes the entire warranty cycle through the integration of the following applications: Claim Submittal, Claim Processing, Claim Review & Payment, Parts Return, Supplier Warranty, Purchased Warranty, Warranty Analytics, and Warranty Center Founded in 1995 by Ashok Kartham, 4CS is built upon a foundation of four key values: Commitment, Collaboration, Creativity, and Computing Excellence. These are the values that the 4CS team internalizes to provide reliable and creative business computing solutions while building long lasting partnerships with our customers. 4CS provides integrated e-business solutions to many Global 1000 companies with a national and global presence.
MKS
Acquisition in 2011
MKS, an application lifecycle management (ALM) technology provider. MKS Integrity coordinates and manages all activities and artefacts associated with developing software intensive products, including requirements, models, code and test, ensuring comprehensive lifecycle traceability.
Planet Metrics
Acquisition in 2010
Planet Metrics is a carbon information management software company that specializes in providing tools for corporate sustainability strategists and product innovation teams. The company focuses on assisting organizations in achieving their sustainability goals while enhancing financial performance. Planet Metrics offers Rapid Carbon Modeling (RCM) technology, which enables companies to model, visualize, and manage their carbon reduction efforts across various operations. Their solutions facilitate the identification of carbon intensity hotspots in areas such as packaging, supply chain, transportation, logistics, and disposal. By integrating existing Lifecycle Assessment data and greenhouse gas inventories, Planet Metrics streamlines the process of carbon management. Typically, their solutions can be deployed within 30 days, making it easier for businesses in industries like automotive, consumer packaged goods, retail, and technology to implement effective sustainability strategies.
Synapsis Technology
Acquisition in 2009
Synapsis Technology is a software and consulting company based in Spring House, Pennsylvania, with a software development center in Noida, India. Founded in 1999, the company specializes in environmental compliance and product lifecycle management (PLM) solutions for manufacturing companies. Its offerings include software applications and consulting services designed to enhance the environmental performance of products and supply chains. Synapsis Technology has established strategic partnerships with several prominent firms, including Siemens Product Lifecycle Management Software, IBM, and Oracle, to strengthen its service capabilities. In 2008, the company became a subsidiary of Parametric Technology Corporation, further expanding its reach within the industry.
Relex Software
Acquisition in 2009
Relex Software specializes in the development of reliability analysis software tools designed to enhance product safety and reliability. Its advanced platform provides engineers and designers with essential metrics related to system performance, including reliability and maintainability. By offering a flexible and intuitive framework, Relex Software enables users to effectively test and improve the reliability of their products, ultimately supporting better engineering outcomes.
CoCreate Software
Acquisition in 2007
CoCreate Software is an explicit modeling tool enables PTC to offer the industry’s most comprehensive suite of modeling solutions.
NetRegulus
Acquisition in 2007
NetRegulus is a technology company based in Oak Brook, Illinois, that specializes in providing Internet of Things (IoT) and augmented reality (AR) platforms, along with enterprise applications. Founded in 1982, the company focuses on serving manufacturers and businesses by offering solutions that enable the creation, connection, operation, analysis, and servicing of products. Additionally, NetRegulus provides web-based regulatory management software tailored for life science companies, facilitating the effective management of clinical study and quality data. Through its innovative offerings, NetRegulus aims to enhance operational efficiency and regulatory compliance for its clients.
NC Graphics (Cambridge)
Acquisition in 2007
NC Graphics is a privately held company supplies CADCAM software for the toolmaking, moulding, and die and precision engineering industries.
ITEDO Software
Acquisition in 2006
ITEDO Software provides development and sale of technical illustration software services. It offers software products to the automotive industry, aerospace, defense and construction equipment industry.
Mathsoft Engineering & Education
Acquisition in 2006
Mathsoft Engineering & Education, Inc. specializes in developing software solutions tailored for the math, science, and engineering sectors, catering to business, academic, research, and government clients. The company emerged from the former MathSoft in 2001 when it was acquired by its division managers and has since focused on its core products. It continues to enhance and market its flagship product, Mathcad, along with the Mathcad Calculation Server, which facilitates the sharing of technical calculations in enterprise environments. Additionally, Mathsoft Engineering & Education creates custom math programs tailored to specific client needs and offers a data analysis package known as StatServer, reinforcing its commitment to providing robust solutions for complex computational challenges.
Arbortext
Acquisition in 2005
Arbortext is a software company based in Ann Arbor, Michigan, founded in December 1982. It specializes in XML-based authoring and publishing tools that facilitate the creation, editing, and distribution of content across various multichannel platforms. Arbortext's solutions enable organizations to efficiently manage and publish extensive information in multiple languages and formats, catering to diverse electronic output needs. The company was acquired by Parametric Technology, further enhancing its capabilities in the enterprise software market.
Aptavis Technologies Corp.
Acquisition in 2005
Aptavis Technologies Corp. is a Windchill-based technology and expertise for retail, footwear and apparel.
Polyplan Technologies
Acquisition in 2005
Polyplan Technologies is a privately held technology and expertise in manufacturing process management company. It provides manufacturing process planning software. Its technology enables the development of products and related manufacturing process plans.
OHIO Design Automation
Acquisition in 2004
OHIO Design Automation specializes in electronics design collaboration software, with its primary product being InterComm. This software provides electronic design verification, visualization, and collaboration capabilities, making it a widely adopted tool in the industry. InterComm is used by over 400 companies across more than 20 countries and has emerged as an open standard for electronic design collaboration. It facilitates access to complex design data generated by various electronic design automation (EDA) tools from leading vendors such as Cadence Design Systems, Mentor Graphics, and Zuken. By enhancing collaboration among engineers, manufacturers, and customers, OHIO Design Automation plays a crucial role in streamlining the electronic design process.
Auxilium
Acquisition in 1999
Auxilium is a supplier of packaged EAI software for manufacturing organizations, providing connectivity between engineering, planning, manufacturing, purchasing, suppliers and customers. auxilium's Info*Engine web-enabled application suite leverages the power and flexibility of web technology for scalable extended-enterprise solutions integrating people, information and processes for business impact.
Computervision
Acquisition in 1998
Computervision was an early pioneer in Computer Aided Design and Manufacturing computer systems until its acquisition in 1998. Computervision initially offered the CADDS-1, an automated design and drafting system targeting the printed circuit layout market. An improved version of the system is currently used in ship building. The U.S. Navy was also customer of the company and used the CADDS system for its ship designs. The company was acquired by Parametric Technology Corporation in 1998.
InPart Design
Acquisition in 1998
InPart Design, Inc. is a privately held company provides mechanical component data and CD content on the Internet.
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