PTC acquires ServiceMax for €1.4 billion in cash
PTC is acquiring ServiceMax for €1.4 billion euros in cash. ServiceMax provides SaaS-based field service management solutions. With the acquisition, PTC aims to expand its product lifecycle management (PLM) business.
The plan is to integrate ServiceMax's digital product information into PTC's ... Read more
PTC acquires Intland Software for $280 million
Industrial IoT specialist PTC has acquired Intland Software. Intland Software develops Application Lifecycle Management (ALM) solutions. With the acquisition, PTC expands its ALM portfolio for business sectors with high demands on security and regulation.
PTC is forking over 280 million dollars ... Read more
PTC introduces ThingWorX DPM, analytics for industrial manufacturing
PTC is launching ThingWorx DPM for the industrial sector. The solution analyzes production processes, recognizes bottlenecks, proposes solutions and presents the effect.
ThingWorX DPM (Digital Performance Management) aims to reduce the working hours required for industrial production processes. ... Read more
PTC’s Vuforia Instruct streamlines product inspections
If you are a manufacturer and you have built a product, then before it leaves the factory you have to inspect it thoroughly. This is to make sure that the whole thing is put together properly and also works well. According to data from PTC, 67 percent of manufacturers still use paper for this purpo... Read more
PTC releases SaaS applications for AR and AI-based design
PTC has released Vuforia Expert Capture and Creo Generative Design Extension. The two applications will become part of the Onshape offering on the PTC Atlas SaaS platform.
Vuforia Expert Capture is a tool for adding augmented reality applications to the work floor. PTC claims it makes it easy to... Read more
PTC and Rockwell Automation expand digital transformation partnership
Each partner will now adopt more of the other's product offering.
Rockwell automation and PTC announced today the expansion and early extension of their strategic alliance in the digital transformation space.
This extension will work first to ensure continuity in both companies’ sales and p... Read more
Rockwell Automation and PTC offer simple OT/IT integration
Rockwell Automation and PTC are taking significant strides in a bid to serve the needs of the digital transformation market, which is growing very fast. The enhancements are geared towards modifying the FactoryTalk InnovationSuite, powered by PTC.
Launched in 2018, the FactoryTalk InnovationSuit... Read more