PTC

PTC (18)

Monday, 28 November 2016 17:35

PTC Announces Creo 4.0

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PTC announced the release of the latest version of its Creo® 4.0 3D CAD software. Creo 4.0 introduces new capabilities for Internet of Things (IoT), additive manufacturing, augmented reality, and model based definition (MBD). Creo 4.0 enables smarter design and greater productivity with a vast array of core modeling enhancements and new functionality that allow designers to create the products of the future.

In the era of IoT and smart, connected products, product development is changing and Creo 4.0 represents the future of product design. With this latest release of Creo, product designers can design smart, connected products and capitalize on new technologies, such as additive manufacturing and augmented reality.

Key enhancements in Creo 4.0 include:


Smart Connected Product Design

With Creo 4.0, product developers can take advantage of the IoT to better understand how products are used and behave to improve design decisions. The solution provides the ability to pull real-world information back into the design process. It also enables a design for connectivity strategy where developers proactively design products with custom data streams by integrating sensors into the design process.

Additive Manufacturing


Creo 4.0 removes barriers to efficient design of production parts built with additive manufacturing techniques. It delivers "design for additive manufacturing," enabling designers to design, optimize, validate, and run a print-check in a single environment, Creo. With the ability to create parametrically controlled lattice structures, it enables designers to optimize models to meet multiple design objectives or constraints.

Augmented Reality

Creo 4.0 allows for more engaging and informative visual experiences of designs by bringing the digital product into the physical world. With Creo 4.0, designers can seamlessly reuse CAD data to easily create engaging and informative visual augmented reality experiences of a design with a realistic sense of size, scale, and context.

Model Based Definition

Creo 4.0 enables designers to successfully implement MBD and increase efficiency in product development by reducing dependency on 2D drawings. Creo 4.0 enables designers to reduce the errors that result from incorrect, incomplete, or misinterpreted information by guiding and educating designers in the proper application of Geometric Dimensioning and Tolerance (GD&T) information. Creo 4.0 also validates that the GD&T is captured in the 3D CAD model in a fully semantic way, that the model is compliant with ASME and ISO standards, and that it constrains model geometry to enable efficient and error-free downstream use in manufacturing and inspection.

“Realizing the potential of the IoT is not just about getting more product usage data, it means you can use, refine, and analyze that data to design better and smarter,” said Brian Thompson, senior vice president, CAD segment, PTC. “Creo 4.0 enables designers to replace assumptions in the design process with real-world data to make better product design decisions and along with model-based definition helps give designers a more complete digital definition of a product. The enhancements in Creo 4.0 not only enable designers to increase productivity, but also help designers leverage the IoT to support their digital engineering journey.”

GE (NYSE: GE) and PTC (NASDAQ: PTC) announced that the two companies are partnering to deliver a new GE-branded manufacturing solution that combines the GE manufacturing portfolio with the capabilities of PTC’s ThingWorx Industrial Internet of Things application enablement environment. The result is an industry-hardened solution that features flexible dashboards and powerful data analytics. Specifically, the joint solution connects to disparate systems – from the shop floor to the ERP – and offers a dashboard and differentiated user experience with consumer-like drag-and-drop capabilities tailored to each user’s role.

GE and PTC will align their respective global manufacturing sales and marketing teams to jointly pursue opportunities worldwide with a GE branded offering. As GE is one of the world’s largest manufacturing companies, the GE-PTC solution will be implemented within GE’s internal manufacturing plants as part of its Brilliant Factory initiative.

“The Brilliant Factory integrates engineering and manufacturing design, leverages data to run our factories much more productively, and optimizes the entire supply chain,” said Jamie Miller, GE CIO. “This solution gives us the ability to see that data clearly and easily in a format that makes critical decisions possible, so we can increase machine uptime and predict maintenance before it is needed.”

Leveraging PTC’s ThingWorx technology as part of GE’s Manufacturing portfolio, the joint solution provides robust manufacturing optimization capabilities, coupled with:

  • Role-based manufacturing dashboards with real-time manufacturing KPIs
  • Standardized KPI model for all plants, connecting to heterogeneous system landscapes
  • Collaboration, alerts, notifications and access to actionable data to make better informed decisions


“GE’s world class manufacturing plants have provided a testing ground for this technology,” said Kate Johnson, GE Intelligent Platforms Software CEO. “A united GE and PTC team are now poised to deliver a modular and robust solve to the manufacturers badly in need of optimization through digitization.”

PTC and GE will work together to certify ThingWorx for the Predix ecosystem. GE has a strong relationship with PTC. The two companies have previously collaborated on a joint effort to bring a solution that helps manufacturers close the loop between product design and production execution on the shop floor.

”GE is a true pioneer in the use of technology to build advanced manufacturing facilities,” said Jim Heppelmann, president and CEO of PTC. “It is significant validation that such an industry leader has chosen to deploy our ThingWorx technology at scale. We look forward to collaborating with GE to deliver the promise of the Internet of Things to manufacturers around the globe.”

For more information, visit: www.ge.com/digital/partners/ptc

Wednesday, 20 May 2015 14:55

PTC Launches PTC IoT Academic Program

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PTC (Nasdaq: PTC) announced it has launched the PTC IoT Academic Program to address the growing concern of an IOT talent shortage by providing students with an investigative learning experience and hands on exposure to the ThingWorx® IoT application development platform.

A recent study published by the World Bank estimates that over the next 10 years there will be two million unfilled Information and Communication Technology-related jobs globally. In addition, over 95% of companies say they will be using the IoT in some form within the next three years. This requires educational institutions to better prepare students for employment by these companies.

The PTC IoT Academic Program consists of the ThingWorx application development platform in a PTC-hosted environment where students and educators can build their own IoT apps. Users gain access to step-by-step educational content and ThingWorx training from PTC University with curricular that will help them quickly learn the platform as well as a community web presence to share knowledge and support. The PTC IoT Academic Program provides exposure to the Internet of Things and to an application development platform that students may not get in the regular classroom. The program also helps prepare students to meet the needs of employers interested in building smart, connected products and systems.

"The manufacturing movement around IoT platforms and devices has the potential to revolutionize the way products are built and maintained throughout the world,” said Dr. Nathan Hartman, Director of the Purdue University Product Lifecycle Management Center of Excellence. “Connected devices driven by model-based product representations can efficiently and proactively leverage the supply chain capacity in specific industrial sectors. Teaching the principles and the technology surrounding IoT tools and platforms will help prepare the next generation technical workforce for that environment, with the potential to make U.S. manufacturing more competitive."

“IoT is one of the most revolutionary and exciting technology trends of this lifetime,” said John Stuart, senior vice president global education, PTC. “Companies and educators alike are trying to understand how the IoT can be taught and implemented, and we’re working closely with our corporate customers, market partners and educators to ensure students from all disciplines are better prepared to meet the needs of today’s IoT world.”

Thursday, 20 November 2014 15:39

PTC Launches PTC Systems Engineering Solution

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PTC (Nasdaq: PTC) announced the PTC Systems Engineering Solution, purpose-built to help organizations reduce risk and accelerate innovation in an increasingly smart, connected world. The solution provides a comprehensive systems engineering platform to help organizations design more innovative products, engineer more profitable product lines, and validate that products meet functional and quality requirements.

The coming decade is expected to witness a surge in the growth of smart, connected products with billions of connected devices in use by both businesses and consumers. But while smart, connected products define the future of manufacturing, they are intrinsically more complex to design, build and operate. As a result, many organizations struggle to deliver the functionality, quality and performance that the market demands.

The PTC Systems Engineering Solution provides a complete systems engineering platform to enable rapid exploration and accelerated design and delivery of more successful products. It combines the strengths of the PTC Integrity™ family of Application Lifecycle Management (ALM) products with products from Atego, a wholly owned subsidiary of PTC and leader in architectural modeling and Model-Based Systems Engineering (MBSE).

The solution includes the following product families:

  • PTC Integrity™  -- Robust system requirements and validation
  • Atego® Asset Library – Collaborative asset management and reuse
  • Atego® Modeler --  Collaborative, scalable architectural modeling and model-based systems and product line engineering
  • Atego® Process Director – Rich process authoring and deployment with out-of-the-box systems engineering best practices

The new solution enables faster adoption of model-based systems engineering approaches, while allowing organizations to choose among text-based, model-based and hybrid systems engineering techniques. MBSE efficiently captures and communicates design through a common and standards-based language, improving stakeholder communication and buy-in.

“The model-based PTC Systems Engineering Solution is our platform for cross-discipline product development,” says Dirk Denger, head of Synergistic Methods at AVL. “As our products grow in complexity and connectivity, new systems engineering approaches are needed. The PTC Systems Engineering solution allows us to unify all of our engineering teams through a common, model-based systems engineering approach, enabling us to deliver higher-quality engineering services with best value for our customer in time and cost.”

The PTC Systems Engineering Solution enables organizations to:

  • Design more innovative products using a collaborative MBSE approach. Design capabilities include:
    • Requirements engineering  – Author and manage requirements to capture and communicate the voice of the customer throughout the product lifecycle
    • System design– Collaboratively design system specifications using standard (SysML and UML) notation to efficiently explore alternatives
    • Analyze design options– Perform trade-off analysis to make better decisions in both the design and allocation of functionality to engineering disciplines (hardware, software, electrical, etc.)

  • Reuse system artifacts to enable profitable product line engineering. Capabilities include:
    • Requirement, model and test reuse – Reuse all artifacts across design projects to speed time-to-market and reduce costs
    • Modular design – Optimize systems design and architect for reuse to improve architectural resilience and business flexibility
    • Product Line Modeling – Design families of subsystems including commonality and variation to create more profitable product lines

  • Validate products meet requirements and best practices processes are followed. Capabilities include:
    • Model verification – Automate design review to find problems earlier
    • Test management – Author and manage test cases, test sessions and results to improve quality
    • Traceability – Capture rich traceability across design artifacts to improve organizational agility and resilience to change
    • Governance – Utilize out-of-the-box systems engineering best practices to improve individual and team maturity

“The PTC Systems Engineering Solution is specifically designed to enable innovation in the process of designing the product, allowing customers to better address market needs and bring products to market faster,” said Roque Martin, SVP, Application Lifecycle Management, PTC .  “Delivering more complex products on time and at a lower cost is often the edge customers need to make their products stand out in a smart, connected world.”

For more information, visit: www.ptc.com/solutions/all/systems-engineering

Tuesday, 22 October 2013 13:32

2013-2014 Real World Design Challenge

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PTC (Nasdaq: PMTC) recently joined more than 45 partners to kick-off the 2013-2014 Real World Design Challenge. The theme of this year’s challenge, “Unmanned Aircraft System Challenge: Precision Agriculture,” was announced in Washington, DC.   A $50,000 scholarship from Embry-Riddle Aeronautical University will be provided to each student on the national winning team.

Shared Value is a corporate social responsibility initiative at PTC where the company gets involved with programs like the Real World Design Challenge in order to build stronger communities which can result in a better workforce for other companies that require engineers.  These programs make science and technology exciting for participants, encourages interest in these fields, and helps build excitement for the engineers of the future.

The Real World Design Challenge (RWDC) is an annual competition that provides more than 5,000 high school students, grades 9-12, the opportunity to work on real world engineering challenges in a team environment. PTC and its partners, including Embry-Riddle Aeronautical University and the Aerospace States Association, are focused on transforming and enhancing STEM education in the American educational system by providing science, engineering and learning resources that allow students and teachers to address an actual challenge confronting one of the nation's most important industries.

Students that participate in the 2013-2014 Real World Design Challenge will focus on the design and implementation of an Unmanned Aircraft System to support precision agriculture, specifically to monitor and assess crop conditions to achieve increased yield.  Teams will employ a systems engineering design and integration approach to identify, compare, analyze, demonstrate and defend the most appropriate component combinations, subsystem designs, operational methods and business case to support the challenge scenario.

“This competition offers a broad base of resources and expertise from business, government and academia to help students apply the lessons of the classroom to the technical problems being faced in the workplace,” said John Stuart, senior vice president, global academic program, PTC.  “Teams are encouraged to think like engineers and scientists while also developing the problem solving skills they will use in their careers.  PTC is proud to be part of the Real World Design Challenge.”

The winning teams from the participating states will be notified in April and will receive an all- expense paid trip to Washington, D.C. to compete at the National Challenge Event in November 2014.

PTC provides commercial-grade product development software, including PTC Creo® 3D product design software, PTC Windchill® product lifecycle management software and PTC Mathcad® engineering calculation software, to teams participating in the Real World Design Challenge. PTC also provides connections and access to mentors from its partner organizations across America who are participants in the competition or program management for the competition.

The deadline for teams to register for the Real World Design Challenge is December 20, 2013.  The solution submissions are due March 31, 2014.

For more information or to register a team, visit: www.realworlddesignchallenge.org

PTC (Nasdaq: PMTC) today joined more than 70 partners on Capitol Hill to kick off the 2012-2013 Real World Design Challenge and announce the themes for this year’s challenges: Unmanned Aircraft Systems and Next Generation Truck Design. The event was hosted by Senator Jeanne Shaheen of New Hampshire and the students from last year’s national champion teams, the Kansas Tornadoes from Baldwin City, KS and Team Xavier from Middletown, CT.

Students that participate in the 2012-2013 Aviation Challenge will work to design an unmanned aircraft system that can locate lost children. Additionally, the students will need to submit a business plan that makes the system financially viable for 50 rescue missions. Students who participate in the Surface Challenge will be tasked with designing a next-generation truck with highly-enhanced fuel efficiency in order to protect fuel and energy reserves in the United States.

The Real World Design Challenge is a national design competition with more than 7,800 high school students run by a public-private partnership with the goal of inspiring interest in science, technology, engineering, and mathematics (STEM) fields and careers. PTC and its partners, including Cessna Aircraft Company and the Federal Aviation Administration, are focused on transforming and enhancing STEM education in the American educational system by providing science, engineering and learning resources that allow students and teachers to address actual challenges confronting the nation's most important industries.

“The Real World Design Challenge offers students the chance to experience the pride and passion of designing something that could be used in a commercial environment for the benefit of others,” said John Stuart, senior vice president education, PTC. “PTC is proud to be working with our partners to get students across the country interested in careers in engineering.”

The winning teams from the participating states will be notified in February 2013 and will receive an all-expense paid trip to Washington, D.C. to compete at the National Challenge Event in April 2013.

"Being the coach for the Baldwin High Tornadoes in the Real World Design Challenge competition has been the high point of my educational career,” said Pam Davis, Coach of the Kansas Tornadoes. “The chance to use engineering software and the opportunity to work with professional mentors has helped my students secure scholarships as well as get accepted into our nation’s best engineering schools."

PTC provides technology that transforms how customers create and service products, including PTC Creo® CAD product design software, PTC Windchill® PLM software and PTC Mathcad® engineering calculation software, to teams participating in the Real World Design Challenge. PTC also provides connections and access to mentors from its partner organizations across America who are participants in the competition or program management for the competition.

To register a team or to sign up as a mentor go to the Real World Design Challenge website. The deadline for teams to register for the Real World Design Challenge is November 18, 2012. The solution submissions are due February 6, 2013.

For more information, visit: www.realworlddesignchallenge.org

Monday, 17 September 2012 08:15

PTC Sponsors FIRST® Tech Challenge Competition

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Dedicated to promoting science, technology, engineering, and math (STEM) educational opportunities, PTC (Nasdaq: PMTC) today announced its continued support of FIRST ® (For Inspiration and Recognition of Science and Technology) and the FIRST ®Tech Challenge (FTC®). Building on previous years of supporting FIRST, PTC will sponsor 30 of the 2500 FTC teams expected to participate in this year’s competition.

Reaching more than 294,000 students in grades K-12 annually, FIRST has designed accessible, innovative, mentor-based STEM programs. These programs inspire young people to think, design and create something physical using their engineering knowledge and skills.  As the exclusive CAD & Collaboration Sponsor of the FIRST Tech Challenge, PTC provides its Creo® product design software, Mathcad® calculation software and Windchill® collaboration software free to all participating FTC teams.

This year’s FTC game, called RING IT UP!, uses a sports model to challenge teams of up to ten high school students to design, build and program a robot to compete in regional competitions.  New England FTC teams, including first time participants from Needham High School in Needham, MA – with both an all-girl and all boy team – gathered at Newton North High School for the unveiling of this year’s competition.

“PTC continues to demonstrate its commitment to the values of FIRST and shares our goal of helping students develop skills to become tomorrow’s leaders in science, technology, and engineering,” said Jon Dudas, president, FIRST.  “Our students use PTC’s product design software, the same software used by more than 27,000 global manufacturing companies, to design their robots. This gives them an excellent opportunity to develop the problem-solving and engineering skills they will use in their careers.”

Co-hosted by PTC, the 2012 FTC Kick-Off event also featured software training and best practices workshops led by PTC’s product development experts and guest speakers from FIRST and PTC, including Robin Saitz, FIRST executive sponsor, PTC.  Saitz was also selected as one of America’s 100 Women Leaders in STEM this year.

“The FIRST Tech Challenge provides some of the most valuable, real-world experience for these high school students as they learn how to work as a team to deliver a functional robot for competition.” said Saitz. “PTC is a proud, strong supporter of FIRST because we consider FIRST to be one of the best investments we can make in educating those that are the future of our industry.”

For more information, visit: www.usfirst.org/roboticsprograms/ftc/game

Wednesday, 08 August 2012 10:29

PTC Acquires Servigistics

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PTC (Nasdaq: PMTC) announced it has signed a definitive agreement to acquire Servigistics, Inc., developer of an innovative suite of service lifecycle management (SLM) software solutions, for approximately $220 million in cash.  Pending regulatory approval and satisfaction of other customary conditions, the transaction is expected to be completed in September 2012.

The acquisition will greatly enhance PTC's existing portfolio of SLM solutions which, today, includes robust capabilities in the areas of warranty and contract management, service parts definition, and technical information - including mobile delivery.  Servigistics is recognized as a technology leader in complementary areas such as service parts planning, management and pricing, field service management, returns and repair management, and service knowledge management.  In combination, the solutions will dramatically accelerate PTC's ability to help discrete manufacturers transform their service strategies and operations into a true source of sustainable competitive edge - what PTC describes as "service advantage."

"Over the past few years, Servigistics has earned a reputation for innovation in helping companies maximize their global service businesses through increased profitability, cash flow, and customer loyalty," said PTC president and CEO Jim Heppelmann.  "Their customers are at the leading edge of a global trend to take service from a cost center to a profit center, and SLM technology has been a critical driver.  This acquisition should make clear just how serious PTC is about helping its customers achieve lasting service advantage."

For leading manufacturers, getting their service strategy right presents a multi-billion dollar, high-margin revenue opportunity to differentiate themselves in the market from their traditional product-oriented competitors.  As an enabling technology, SLM helps manufacturers and their service network partners optimize the customer experience by ensuring service is systemically planned, delivered, and analyzed to continually improve performance and maximize customer value.  Yet, few manufacturers have either a coordinated strategy or the integrated technology suite needed to capture this new market opportunity - with many manufacturers realizing as little as 25% of the total service value in their products' service lifecycle.

PTC has long been known for its world-class technology solutions that optimize the way companies create products.  With this acquisition PTC will significantly expand how it helps companies service those same products.  In fact, starting with the acquisition of Arbortext in 2005, PTC has been developing solutions that enable manufacturers to plan and analyze service based on how their products are designed and built.  This service-focused strategy has driven PTC to deliver specialized solutions that are the result of innovative technology development combined with capabilities gained through the acquisition of companies such as ITEDO, LBS and 4CS.  By adding Servigistics to this portfolio, PTC will be able to deliver a complete system for service - providing market-leading capabilities across all key components of the service lifecycle.

With Servigistics, PTC's SLM solutions will provide global manufacturers with a real-time, single view into the extended service environment to identify and respond to areas for improvement, opportunities for new business, and risks to avoid.  Only with a connected service network - supporting the owner/operator, distributor, dealer, service partner, field service force, repair depots, and warranty desk - can the OEM plan, deliver and analyze all necessary resources to ensure that service performance and overall value is meeting or exceeding their customers' expectations.  In addition, this acquisition further enhances PTC's ability to help customers gain competitive advantage throughout the entire product lifecycle - from conception and design to sourcing and service.

"At Servigistics, we share PTC's vision for helping to transform the way companies execute their service strategies," said Eric Hinkle, Servigistics president and CEO.  "We anticipate that our clients will reap great benefits from the synergies of this shared vision and are pleased to help PTC secure a strong technology and thought leadership position in SLM."

Over the past 12 months, privately-held Servigistics generated approximately $80 million in revenue.  In connection with this acquisition, PTC is increasing its previous preliminary FY'13 non-GAAP EPS target of $1.70 to $1.80 by a range of $0.02 to $0.05.  PTC expects to draw on its credit facility to finance this transaction.

For more information, visit: www.ptc.com or www.servigistics.com

PlanetPTC Live--Inspiration is the spark that drives innovation and fuels technology breakthroughs that help transform great ideas into great products. This year’s PlanetPTC Live day 2 keynote is comprised of industry thought leaders who will share their unique stories of how inspiration can impact the world around us.

“This year’s PlanetPTC Live conference speakers remind us that we each have countless opportunities to inspire, innovate and make a difference,” notes Rob Gremley, executive vice president, Product Development and Corporate Marketing, PTC. “The conference brings PTC customers under one roof to showcase their work, network with peers, and inspire each other by sharing ideas, discussing challenges and offering solutions. PlanetPTC Live energizes me because it gives me the opportunity to witness the creativity of the most innovative manufacturers.”

Featured speakers include:

  • Fred Bellio, CIO, Global Product Organization and Corporate Center, Whirlpool Corporation, explains the evolution of the “smart house” and discusses innovations in the appliance industry to promote energy efficiency and enable appliances to connect with the consumers. Mr. Bellio shares how Whirlpool uses information technology to enhance the customer experience, improve quality and increase the efficiency of its appliances.

  • Steven D. Eppinger, General Motors Leaders for Global Operations Professor, Professor of Management Science and Innovation, Professor of Engineering Systems.

  • Massachusetts Institute of Technology, Sloan School of Management, shares his perspective on the future of engineering design and the key trends affecting engineering design processes, engineering organizations and engineering culture. Dr. Eppinger discusses the implications these changes have on the engineering design profession, on the ways we must develop engineers today, on the kinds of jobs that engineers will have in the near future, and the challenges of engineering leadership.

  • Bill Fitzgibbons, Vice President, Global Dealer Technical Support, AGCO Corporation, discusses key challenge facing the agricultural industry including the need to create a sustainable food supply created by the explosive population growth in the 21st century. Mr. Fitzgibbons shares how AGCO’s strategy utilizing leading multi-brand, multi-cultural resources has positioned the company to provide forward-looking solutions in every region of the world.

  • Joe Graney, Director of Engineering, Santa Cruz Bicycles Inc. uses his passions for cycling and engineering to encourage young people to pursue technical fields. Mr. Graney uses the mountain bike, a familiar object, to make engineering relevant to students and illustrate real world applications of mathematics, science and engineering.

  • Tim Ingold, Jr., Director of Engineering Development, Design Engineering, Jabil, encourages product development companies to incorporate social networking principles into the workplace to foster real collaboration, increase productivity and spark innovation. Mr. Ingold examines some of the adoption challenges that companies face and shares best practices from the most successful social enterprises.

  • Patrick Simpkins, Director of Engineering, NASA, John F. Kennedy Space Center, challenges attendees to take notice of their everyday surroundings as an opportunity to identify new sources of innovation and imagination. He shares anecdotes from the space program to demonstrate how NASA creates an environment that supports and encourages innovation.

For more information or to view streaming video from the event, visit: communities.ptc.com/groups/planetptc-live

PTC (Nasdaq: PMTC), a Founding Member of the Real World Design Challenge®,(RWDC) today announced that the Kansas Tornadoes representing Baldwin High School won the 2011-2012 National Finals Competition in Aviation and Team Xavier representing Xavier High School won the 2011-2012 National Finals Competition in Surface Transportation. PTC and the RWDC partners congratulate the Kansas Tornadoes for designing a light sport aircraft that enhances performance and Team Xavier for designing a next-generation motor coach that enhances fuel efficiency.

The Real World Design Challenge is a national design competition for high school students run by a public-private partnership with the goal of increasing the science, technology, engineering and mathematics (STEM) workforce. This year marks the fourth year of the aviation competition and the first year of the new surface transportation competition.

After a year-long competition, the best and brightest of student teams from 45 states and 6 U.S. territories came to compete in the national finals on Saturday, April 21st in Washington, D.C.

"President Obama is committed to investing in an America built to last; in order to achieve that vision, we need smart, hardworking young scientists and engineers like the students here at the Real World Design Challenge," said Secretary of Transportation Ray LaHood. "This competition is a great way to inspire the young men and women who will build the modern transportation systems we need to keep America competitive in the global economy for years to come."

“Engineering is an important part of our country’s future, and the Real World Design Challenge is a program that offers software and technology to learn these design and engineering skills in a real world scenario,” said Dr. Ralph K. Coppola, program director, PTC. “Students have the opportunity to take advantage of a program designed specifically to encourage critical thinking. PTC is proud to provide support for the 2011-2012 competition.”

The RWDC problems were designed and supported by a team of engineers from government and industry including Cessna Aircraft Company, Rockwell Collins, the Department of Transportation and others to enable students to create the exciting technological advancements of the future.

As a founding member of the RWDC, PTC supports the program on multiple fronts. PTC provides program management, software to each participating school, including Creo® design software, Windchill® collaboration software and Mathcad® calculation software, introductions and connections to industry partners, team support and technical and administrative support.

This year, nearly 5,000 students from across the country participated in the RWDC. Every student participated at no cost to themselves or their schools with partners donating more than a billion dollars to schools since the RWDC’s inception. More than forty partners from industry, government, and academia have come together to make this a reality.

For more information, visit: www.realworlddesignchallenge.org

PlanetPTC Live Orlando is the only 2012 event that offers you more than 150 hours of Creo content plus numerous opportunities to connect with Creo peers and PTC product experts. PlanetPTC Live is also your best opportunity to learn about the recently announced Creo 2.0.

Don't miss this one-of-a-kind opportunity to boost productivity, streamline design and manufacturing processes, and develop new resources for ongoing support.

Creo-focused features include:

  • Dedicated breakout sessions where you can discover hundreds of best practices and product tips
  • PTC University seminars with hands-on training to enhance your technical skills
  • Pre-event and in-person opportunities to share ideas and solutions with the attendees and presenters who know Creo best
  • A look at the new Creo 2.0 — including product demonstrations and presentations

And, just-released keynote presenters include engineering researchers and experts at Massachusetts Institute of Technology (MIT), Jabil, College Park Industries and NASA. Register now to gain new skills you can put to work as soon as you return to the office. Sign up with two or more team members to receive a group discount.

For more information, visit: live.planetptc.com









PTC (Nasdaq: PMTC) today announced Creo® 2.0, the latest release of its revolutionary new generation of product design software. Last June, PTC challenged the industry paradigm with the introduction of the first nine “apps” in its Creo family – conceived, in part, to enable a much wider range of roles to contribute to the design process with a set of integrated, purpose-built tools. With Creo 2.0, PTC introduces a new role-specific app supporting modular product design that extends how organizations can approach concept design, and delivers significant productivity enhancements to its existing Creo apps.

“The release of Creo 2.0 demonstrates PTC’s unwavering commitment to deliver against our Creo strategy and solve the chronic challenges customers face with traditional CAD tools,” said Michael Campbell, divisional general manager MCAD segment, PTC. “Built on PTC’s heritage of innovation, Creo rethinks the very nature of product design, increasing collaboration and protecting data fidelity across any user role, any design mode, or any data source. Today, PTC is also delivering the first technology component in its vision for managing modular product designs driven by the bill of materials.”

Modular Product Design

With Creo 2.0, PTC introduces a 10th app to the Creo family – Creo Options Modeler™ – a new role-specific app built for designers who need to create or validate modular product designs in 3D early in a design cycle. The new app, available this summer, delivers a dedicated, easy-to-use, powerful set of capabilities to build accurate, up-to-date, precise 3D-based product assemblies, irrespective of size or complexity. When used with Creo Parametric™, Creo Options Modeler enables teams to validate precise mass, center of gravity, and even check and resolve critical issues like interference for modular designs.

Creo Options Modeler contributes to PTC’s AnyBOM™ Assembly technology vision, which promises to give teams the power and scalability needed to create, validate and reuse information for modular product architectures. By combining Creo Options Modeler with PTC’s Windchill® product lifecycle management software, manufacturers can generate and validate precise 3D representations of product configurations defined by an individual bill of materials.

By enabling easier reuse of existing 3D models and through innovative interface tagging, the new app can reduce process errors and engineering rework. As a member of the Creo product family, Creo Options Modeler also seamlessly leverages and shares data between other Creo apps, and with other people involved in the design process and beyond, further increasing detailed design and downstream process productivity.

Rethinking Concept Design

Many companies prefer to start concept designs in 2D to quickly explore multiple options before moving to build more complex 3D models. With Creo 2.0, PTC delivers on its vision for enabling companies to make the most of this early stage of their product development process. The new releases of Creo Parametric, Creo Direct™, the free Creo Sketch™ (now available on Mac OS X with this release), and Creo Layout™ combine to greatly enhance collaboration, innovation and design exploration during concept design. Since all Creo apps share a common data model, 2D geometry and design data can be easily shared by all users and apps and can be re-used later in the design process to accelerate the transition to the detailed design phase.

In Creo Layout 2.0, PTC is helping to solve the specific problem of transitioning from 2D to 3D, allowing users to easily create a layout of complex assemblies, quickly explore design alternatives, import a variety of 2D CAD file types, sketch and modify 2D geometry, organize information with groups, tags and structure as well as dimensions, notes and tables. Once created, a 2D design in Creo Layout can serve as the basis for 3D models, allowing users to create assemblies in 2D or reference 2D geometry to create part features, and any changes made in 2D are reflected in 3D upon regeneration.

Productivity Enhancements

In the new release, PTC delivers more than 490 enhancements to the Creo app family, all designed to optimize the user experience and increase design productivity.

Creo Parametric enables increased productivity and streamlining of the overall product design process with:

  • Freeform Surfaces – With the enhanced freestyle capabilities, designers can quickly and easily create more refined surfaces with higher levels of detail while still maintaining top level control over the general freeform shape. This significantly reduces the time to move concepts to precise, highly-detailed aesthetic product designs.

  • Cross-sections – Designers working in 3D cross-sections gain complete product insight with new, intuitive, and fast ways to create and dynamically re-position the sections, including instant access directly from the model tree. Real-time interference detection within a section together with 2D visualization helps designers fully visualize the design, design changes, and detect and address potential issues early. The new tools significantly enhance productivity when working in cross-sections and provide a rich design environment that accelerates the overall design process.

  • Measure – The new streamlined measure tool offers significant performance and usability improvements. Designers can quickly gain detailed insight into key dimensions and measurements of any selected surface. By controlling how and where measured results are displayed on-screen, and allowing for simple re-use of the displayed values into other applications, such as a Word document, designers can improve the efficiency and accuracy of leveraging precise measurements during the design process.

  • Track Changes – The new track changes capability in Creo Parametric allows designers to view, accept or reject model changes made by others using Creo Direct. Designers can now work with a broader range of roles across the company while still maintaining full control of how changes are reflected in the parametric model. This ensures design intent is fully maintained. Irrespective of modeling approach or Creo app, teams can now truly work together.

Overall, Creo Parametric delivers state-of-the-art user experience, new capabilities, automates common tasks, improves performance with streamlined workflows and enables dramatically improved overall design productivity.

Beyond Creo Parametric, PTC delivers significant enhancements to other Creo apps. New capabilities in Creo Direct help accelerate bid-proposals and early concept design. Casual users can now quickly and easily create new compelling 3D designs. They also can easily modify models by reference to existing geometry of available parts and assemblies or quickly, but precisely place multiple parts and assemblies into position with the new intelligent snapping capabilities.

And as Creo Direct seamlessly works with Creo Parametric and other Creo apps, any 3D design can be shared by users across the enterprise design process.

In addition, this latest release greatly simplifies the installation process for Creo, only downloading and installing the Creo apps specific to a customer’s environment and license entitlement. This speeds download and significantly simplifies installation and configuration enabling teams to get up and running with Creo more quickly than ever before.

More information will be shared at PTC’s upcoming annual user event, PlanetPTC Live.

Creo Options Modeler is available for purchase today as an extension of Creo Parametric. It is expected to be available as a stand-alone app in June 2012. All other Creo 2.0 apps are available now. Active maintenance customers can download the release from the software downloads page.

For more information, visit: www.ptc.com/product/creo

Wednesday, 29 February 2012 10:28

PTC Adds Powerful New Capabilities to Mathcad

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PTC (Nasdaq: PMTC) today announced the general availability of Mathcad Prime® 2.0 -- the latest release of PTC’s engineering calculation software. Mathcad Prime 2.0 adds powerful new calculation features and advanced capabilities to an easy-to-learn, easy-to-use interface. Additionally, Mathcad Prime 2.0 integrates with other best-in-class PTC products like Creo® and Windchill® to enable increased productivity, improved process efficiency and better collaboration between individuals and teams.

Mathcad Prime 2.0 delivers the following enhancements that improve the personal and engineering process productivity benefits currently offered by the Mathcad® product family:

Excel Component
Seamless and meaningful integration of Mathcad and Excel enables users to access and utilize data from existing spreadsheets and eliminates need to convert data when introducing Mathcad.

Symbolic Algebra
Automates the process of explicit derivation to manipulate complex equations reducing errors and improves efficiency.

3-dimensional (3-D) Plots
Enables engineers to easily manipulate, analyze and visualize complex data for more complete insight and better documentation.

Collapsible Areas
Allow users to manage content better and have more control over their workspace, by collapsing (placing out of view) details that are not essential at the moment, improving productivity and collaboration.

Computational Improvements including faster performance, 64 bit support, optimization solver and multi-threading
Reduce computation time, remove limitations of data-set size, and enable more exploration to be done in the concept phase. More design approaches can be evaluated with higher confidence, reducing errors and problems that occur later in detailed design.

For more information, visit: www.ptc.com/product/mathcad



PTC® (Nasdaq: PMTC), The Product Development Company®, today announced that it is the 2011 recipient of Frost & Sullivan’s Global Green Excellence in Product Innovation Award for Product Lifecycle Management. After being ranked against other leading PLM vendors in categories such as product profile, business commitment and environmental accountability, the company’s Windchill® Product Analytics suite came out on top for its ability to enable the manufacturing industry to create more sustainable, and competitive products while reducing overall environmental impact.

According to Frost & Sullivan best practices research, the drive among manufacturers to improve the environmental performance of their products is gaining momentum every day. Not only have business-to-business customers and consumers demonstrated a clear preference for more sustainable products and “greener” brands, but investors are now pressuring manufacturers as well. Additionally, manufacturers need to design and develop products in compliance with an ever increasing number of environmental regulations in order to avoid blocked sales, production stops, fines and even criminal prosecution.

PTC’s Windchill Product Analytics is a suite of component and bill-of-material analysis solutions that enable manufacturers to assess product compliance, performance and risk beginning early in the innovation process and continuing throughout the product lifecycle. The solutions complement existing PLM and ERP systems to make product performance analytics an integral part of the product development process. Armed with this knowledge, manufacturers will be able to develop greener products.

“Windchill Product Analytics provides an ideal platform for manufacturers interested in realizing profitable sustainability,” said Karthik Sundaram, Senior Research Analyst, Frost & Sullivan. “In evaluating leading vendors, PTC stood out in all criteria. Its holistic approach to sustainability – from its product solutions to its overall worldwide company initiatives – made PTC the clear winner of this year’s Global Green Excellence Award.”

“PTC has a rich history of enabling manufacturing customers to create more sustainable, optimized – and simultaneously more competitive and profitable – products,” said Howard Heppelmann, Senior General Manager, Product Analytics Business Unit and Executive Sponsor of the PTC Internal Sustainability Program. “We are pleased that Frost & Sullivan has recognized our strategic commitment and the positive impact Windchill Product Analytics enables leading global manufacturers to make.”

The full Frost & Sullivan Best Practices Research Report can be found here: www.ptc.com/go/greenaward2011

PTC (Nasdaq: PMTC), The Product Development Company®, today joined more than 45 partners on Capitol Hill to kick-off the 2011-2012 Real World Design Challenge. The theme of this year’s challenge, ”Green Aviation,” was announced today at an event hosted by Senator Jeanne Shaheen of New Hampshire and the students from last year’s national champion team, the Xavier High School Engineering Club from Middletown, CT representing the state of Connecticut.

Students that participate in the 2011-2012 Real World Design Challenge will work to optimize the performance of a light sport aircraft with the overall design objective to design a plane that will be fuel efficient. As part of the competition, the teams will need to design one of three fuselages of different lengths and then build three different propulsion systems within it - gas, diesel and electric.

The Real World Design Challenge is a national aviation design competition with more than 7,800 high school students run by a public-private partnership with the goal of inspiring interest in science, technology, engineering, and mathematics (STEM) fields and careers. PTC and its partners, including Cessna Aircraft Company and the Federal Aviation Administration are focused on transforming and enhancing STEM education in the American educational system by providing science, engineering and learning resources that allow students and teachers to address an actual challenge confronting one of the nation's most important industries.

According to Druyun, Defense Reform 2001, A Blueprint for Action: Final Report, DFI International 2001, fifty-four percent of the aerospace science and technology workforce is older than 45 with 33 percent eligible to retire today. “There are not enough students in the STEM career pipeline to replace these people,” said Ralph K. Coppola, director, Real World Design Challenge and director, government & strategic education programs, PTC. “These are alarming statistics. PTC is proud to be working with our partners to get students across the country interested in careers in engineering.”

The winning teams from the participating states will be notified in February 2012 and will receive all expense paid trip to Washington, D.C. to compete at the National Challenge Event in April 2012.

“The Real World Design Challenge provides an important opportunity for high school students to learn and understand the challenges that aerospace engineers face every day,” said Michael Humphreys, mathematics and science teacher, Xavier High School. “Programs like this give us the chance to show these teams the exciting technological advancements in aerospace design and give them the opportunity to unleash their creative potential in a real world design scenario.”

PTC provides commercial-grade product development software, including Creo Elements/Pro® (3D product design software), Windchill® (PLM software) and Mathcad® (engineering calculation software), to teams participating in the Real World Design Challenge. PTC also provides connections and access to mentors from its partner organizations across America who are participants in the competition or program management for the competition. In addition to PTC, other partner organizations have contributed resources to make the competition free to all students. Mentor Graphics has provided FloEFDTM (3D fluid flow, heat transfer analysis package).

For additional information contact Dr. Ralph K. Coppola, Real World Design Challenge Director at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . To register a team or to sign up as a mentor go to the Real World Design Challenge website: www.realworlddesignchallenge.org. The deadline for teams to register for the Real World Design Challenge is November 18, 2011. The solution submissions are due February 6, 2012.

PTC (Nasdaq: PMTC), the Product Development Company®, today announced the availability of CreoTM Elements/DirectTM 18.0 - the latest release of its market leading direct modeling solution and a member of the Creo family of design software.

Creo Elements/Direct is a complete design environment that offers the world's #1 direct 3D CAD modeler, along with 2D CAD, CAE and integrated product data management (PDM). Creo Elements/Direct provides speed, flexibility, and responsiveness-to-change for customers facing short design cycles, one-off product designs, or companies demanding a lightweight design process.

What's New in Creo Elements/Direct 18.0:

* More Intuitive Design Experience - improves ease of use and reduces the learning curve for those new to direct modeling through the new ribbon-based UI that is consistent across the Creo product family of applications.

* Optimized Design Workflows - improves the way designers work through new context-sensitive command controls in drafting and extended 3D modification commands in modeling.

* More Productive Design Data Management - broadens the reach of product data management and PLM support by enabling improved access and data sharing with a new Web Client and Web Services in Model Manager, and deeper process integration with Windchill.

* More Powerful Design Solution - broadens the designer's reach through interoperability with Creo 1.0. Engineers can take their Creo Elements/Direct designs and analyze and share them with Creo Simulation and Creo View MCAD, respectively.

Creo Elements/Direct 18.0 additionally enables users to take advantage of new Creo 1.0 applications for extended design needs such as simulation and visualization. This is part of PTC's strategy to give engineers and designers the greatest flexibility in choosing product design tools that fit their role in the product development process. Existing Creo Elements/Direct customers will continue to yield benefits to their business through updated and improved capabilities in Creo Elements/Direct 18.0.

Supporting Quotes:

"STIWA Holding GmbH uses Creo Elements/Direct because it gives us the flexibility to rapidly accommodate changes that happen late in the design cycle," said Thomas Mayer, responsible for mechanical CAD at STIWA Holding GmbH.  "The new user interface in Creo Elements/Direct 18.0, improvements to key features in direct modeling, and the interoperability with the Creo apps will help drive productivity across our design team resulting in shorter design cycles and faster time to market."

"Creo Elements/Direct 18.0 demonstrates PTC's commitment to support our customers' freedom to choose the design approach that best fits their needs," said Justin Teague, DVP & General Manager, Design and Visualization Products Business Unit, PTC. "It delivers productivity enhancements that specifically address the needs of direct modeling users - lightweight, flexible, fast and connected through interoperability with the new Creo apps.  Ultimately, Creo Elements/Direct enables customers to achieve competitive advantage by optimizing their design cycles and bringing innovative products to market quickly."

For more information, visit: www.ptc.com

PTC (Nasdaq: PMTC), The Product Development Company®, today announced it is teaming up with FIRST® (For Inspiration and Recognition of Science and Technology) and the After School All-Stars to launch several new FIRST® LEGO® League (FLL®) teams in Las Vegas, Nevada. The After School All-Stars is a national organization that offers after-school programming to at risk youth.

PTC is making a donation through the FIRST organization to bring the excitement of engineering to FLL students in the 3rd to 8th grades. These students will use real-world engineering principals to build LEGO-based robots that complete tasks on a thematic playing surface. The students will design, build, test and program robots using LEGO MINDSTORMS® technology by applying real-world math and science concepts. Additionally, the students will understand how to work as a team to learn critical thinking, team-building and presentation skills.

“The skills and life lessons these students will learn from designing, competing and working as a team in the FLL program will show the kids what is possible when building an education and career path around Science, Technology, Engineering and Math (STEM),” said Jackie Locks, executive editor, After School All-Stars Las Vegas. “We are happy to have had PTC and FIRST make this opportunity available to the After School All-Stars organization.”

With millions of dollars already committed to FIRST, PTC is a strategic partner of FIRST through its cumulative support of teams, annual in-kind donations, resources, technology, design and collaboration software, training, and employee involvement as well as contributions across the FIRST family of programs. PTC has been a Crown Supplier to the FIRST® Robotics Competition (FRC®) for the fifth consecutive year and the official CAD and Collaboration Sponsor to the FIRST® Tech Challenge (FTC®) for the third year, providing free software, including Creo™, Mathcad® and Windchill®, to participating teams.

“Together with PTC’s 1,200 customers and partners attending PlanetPTC Live Las Vegas this week, we were able to raise funds as a way to give back to the Las Vegas community,” said Robin Saitz, senior vice president, solutions marketing and communications and FIRST Executive Sponsor, PTC. “PTC’s goal is to inspire young people to pursue STEM education for better engineering career opportunities, and this is another great way to create that inspiration.”

“Students must be empowered to train themselves so schools can focus on education,” said Woodie Flowers, FIRST Executive Advisory Board Chairman Professor Emeritus, Massachusetts Institute Technology. “FIRST is a powerful vehicle for this kind of real education because it provides the framework to work with students, rather than lecturing to them, to develop life-long skills of self-confidence, gracious professionalism and a drive for excellence. I am excited that PTC and FIRST can make this opportunity available to the After School All Stars organization.”

For more information visit: www.usfirst.org or www.ptc.com

PTC (Nasdaq: PMTC), The Product Development Company®, today announced the availability of Creo 1.0 and delivery of the first set of Creo apps. The release of Creo marks another industry first for PTC, whose tradition of technology innovation began with the introduction of the industry’s first 3D parametric modeling software. The Creo breakthrough technology enables enterprise wide participation in the product design process to unlock potential for creativity, teamwork, efficiency and value.

“Creo’s role based apps make a typically closed process open and inclusive, enabling more people to make a meaningful contribution to product designs. This is a huge advance that will help our customers create better designs, and ultimately better products.”

“Since we unveiled our Creo product strategy last October, we’ve seen incredible customer interest in Creo,” said James Heppelmann, PTC’s president and CEO. “Based on the reaction of the marketplace, we believe that Creo has the potential to deliver the renaissance in CAD innovation that we had predicted at the launch.”

Creo is designed to solve the unaddressed problems remaining in the mechanical CAD market: usability, interoperability, assembly management and technology lock-in. Creo provides a scalable suite of interoperable, integrated design apps- built on a unique architecture with patent-pending technology, to meet the needs of the wide spectrum of users that form a company’s extended product development team. By more fully engaging these users throughout the product lifecycle, companies can increase productivity and improve operational efficiencies, getting better products to market faster.

“We participated in the Creo beta program and in all customer events aimed at Creo development. We believe that Creo delivers capabilities that will help increase the productivity of everyone involved in System S.p.A.’s product development process,” said Roberto Dolci, Chief Information Officer of System Group. “By allowing a broader set of people across the company to access product data in a way that fits their role, and by introducing 3D direct modeling to speed up new product development, Creo helps accelerate our business agility, which drives our success.”

The first set of Creo apps are designed to optimize engineering, manufacturing and service processes. Role-based packages are designed to help increase productivity for everyone from service planners, technical illustrators and industrial designers to engineers who have historically driven product design processes using 3D direct or parametric modeling, while also benefiting CAD users in the extended enterprise.

* Creo Sketch –for simple “freehand” drawing of ideas and design concepts in 2D
* Creo Layout – for capturing early concepts layouts in 2D that ultimately drive 3D design.
* Creo Parametric – for powerful, 3D parametric modeling capabilities currently available in Creo Elements/Pro™ (formerly known as Pro/ENGINEER®). Extensions deliver a broader range of seamlessly integrated 3D CAD/CAID/CAM/CAE capabilities. New extensions offer more design flexibility and support for legacy data adoption.
* Creo Direct – for fast, flexible 3D geometry creation and editing using a direct modeling approach. Provides unprecedented levels of interoperability with Creo Parametric for greater design flexibility
* Creo Simulate - delivers capabilities an analyst needs for structural and thermal simulation
* Creo Schematics - for creating 2D routed systems diagrams for piping and cabling designs.
* Creo Illustrate –for 3D technical illustrations, providing capabilities to communicate complex service and parts information, training, work instructions, etc. to improve product usability and performance graphically in 3D.
* Creo View ECAD - for viewing, interrogating, and marking up electronic geometry
* Creo View MCAD - for viewing, interrogating, and marking up mechanical geometry

Additionally, Creo offers a highly flexible and open solution that helps companies obtain maximum business value from their CAD investments. For many companies Creo provides the opportunity to divest from a heterogeneous CAD environment and consolidate on a single design platform. However, the AnyData AdoptionTM technology of Creo ensures that consolidation is a choice and not a requirement. Creo respects and protects existing investment in data and working methods - enabling access to data from any CAD system.

“With the delivery of Creo 1.0, PTC is spearheading an unprecedented transformation of the CAD industry for the second time in history,” said Brian Shepherd, executive vice president, product development, PTC. “Creo’s role based apps make a typically closed process open and inclusive, enabling more people to make a meaningful contribution to product designs. This is a huge advance that will help our customers create better designs, and ultimately better products.”

Availability

The majority of Creo1.0 apps are available now in ten languages. Creo Sketch and Creo Layout are planned to be available later in late July and late fall 2011 respectively.

The timing of any product release, and any features or functionality thereof, are subject to change at PTC’s discretion.

For more information visit: www.ptc.com/products/creo

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