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PTC Introduces PTC Systems Engineering Solution to Help Manufacturers Build Smarter, More Competitive Products in a Smart, Connected World

PTC is the only PLM vendor bringing together System Requirements, System Modeling and Validation

NEEDHAM, Mass. — (BUSINESS WIRE) — November 18, 2014PTC (Nasdaq: PTC) today 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:

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. Analyst research shows that model-based systems engineering (MBSE) can deliver 23% more projects on time, at 62% lower cost, than alternatives.1 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:

Reuse system artifacts to enable profitable product line engineering. Capabilities include:

Validate products meet requirements and best practices processes are followed. Capabilities include:

“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.”

Availability:

The PTC Systems Engineering Solution is now available. Please see www.ptc.com for more information.

Additional Resources:

About PTC

PTC (Nasdaq: PTC) enables manufacturers to achieve sustained product and service advantage. PTC's technology solutions help customers transform the way they create, operate and service products for a smart, connected, world. Founded in 1985, PTC employs approximately 6,000 professionals serving more than 28,000 businesses in rapidly-evolving, globally distributed manufacturing industries worldwide. Get more information at PTC.com

PTC, the PTC logo, PTC Integrity and Atego are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and in other countries.

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Julie Blake, 781-370-5435
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Anand Savani, 617-520-7290
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