Businessweek

ormation. Targeted for the SLM market, these solutions are designed to support the needs of service organizations within its core manufacturing customers by ensuring that updates in product development are reflected in real-time service and spare parts information throughout the product’s service lifecycle. These solutions would include capabilities for delivering service content based on previously released PTC Windchill and PTC Creo software. The solutions would also include capabilities for warranty management and product support processes, which would be based on the applications the company acquired in 2011 with its acquisition of 4C Solutions, Inc. PTC Creo View solutions enable enterprise-wide visualization, verification, annotation, and automated comparison of various product development data formats, including CAD (2D and 3D), ECAD, and documents. These solutions provide access to product designs and related data without requiring the original authoring tool. PTC Integrity coordinates and manages various activities and artifacts associated with developing software-intensive products (including requirements, models, code and test) and with ensuring lifecycle traceability. Desktop Solutions The company’s desktop solutions include its integrated PTC Creo software suite (excluding PTC Creo View), its PTC Mathcad engineering calculations software, and its PTC Arbortext document authoring tools. The company launched the PTC Creo product suite in 2011. PTC Creo is developed to remedy problems of usability, interoperability, assembly management, and technology bias that were not being well addressed by mechanical CAD tools. PTC Creo is a scalable suite of interoperable and open product design applications that provide the right-size solution for each participant in the design process. PTC Creo offers upwards compatibility with other PTC products. In addition to the capabilities of PTC Creo Parametric, the Creo suite includes standalone applications that deliver new capabilities for 2D and 3D CAD modeling, analysis and visualization. PTC Creo also enables data to be shared between teams both internally and externally. The company’s principal PTC Creo products and its other principal desktop solutions consist of: PTC Creo Parametric is a suite of three-dimensional product design solutions based on a parametric, feature-based solid modeler that enables changes made during the design process to be associatively updated throughout the design. Designers can use PTC Creo Parametric for detailed design (CAD), manufacturing/production (CAM), and simulation/analysis (CAE), as well as for exchanging CAD data with a multitude of sources and in varied standard formats. PTC Creo Elements/Direct is a suite of explicit CAD and collaboration software that enables customers pursuing a design strategy to meet short design cycles. PTC Creo Elements/Direct enables users to reduce design cycle time, improve workgroup collaboration through an integrated data management system and reduce product development costs. PTC Mathcad is an engineering calculation software solution that combines a computational engine, accessed through conventional math notation, with a full-featured word processor and graphing tools. PTC Mathcad allows customers to develop and document the engineering calculations related to their designs and predict the behavior of a PTC Creo model, which can then be validated using its PTC Creo Parametric CAE solutions. This approach can help its customers speed time to market by significantly reducing the number of iterations necessary to complete a design. In addition, when combined with its PTC Windchill solutions, the valuable intellectual property captured in PTC Mathcad can be managed and shared with others for reuse and for regulatory compliance. PTC Arbortext authoring products PTC Arbortext Editor and PTC Arbortext IsoDraw are designed to help customers improve documentation accuracy, speed time to market, reduce translation requirements and lower publishing costs. Maintenance Services The company offers maintenance support plans for its software products. It also provides self-service suppor