PTC Continues Competitive Momentum with New and Expanded Creo Customers

22 May

PTC (NASDAQ: PTC) has announced numerous companies have selected and continued to expand their use of the Creo® suite of computer-aided design (CAD) software instead of competitive solutions. To improve their product design and innovation processes, organizations large and small rely on PTC’s CAD software for its ease of use, simplicity, and reliability.

Creo helps these and other companies more easily close the gap between the physical and digital worlds by capitalizing on new capabilities and technologies like augmented reality (AR), Internet of Things (IoT), topology optimization, computational fluid dynamics, and more. CAD data is the foundation for the digital twin, a digital record of each product’s designed, manufactured, service, and real-world state. Comprised of the digital definition of the product and the physical experience of the asset in the field, this new technology enables manufacturers to envision new products that better meet customer needs, as well as develop business models to better market and sell the product to customers.

For the past two fiscal years, and for the first half of fiscal year 2018, PTC’s CAD bookings grew double-digits, far outpacing market growth. This continued momentum is exemplified by the following sampling of organizations that recently switched to or expanded their usage of the PTC Creo suite:

  • CAME, a leading multinational company that provides integrated technology solutions for automated home, building, and urban environments, will implement PTC’s Creo software.
  • Cramasie, an award-winning product design and development consultancy that blends industrial design and mechanical engineering to create innovative products, replaced their existing CAD solution with Creo.
  • Dexprom, a Portuguese company that produces large and complex molds for the automotive industry, along with packaging, home appliances and garden products, will expand their use of Creo.
  • ProtonVDA, a clinical proton radiography system with a design that is compact, monolithic and scalable to large field sizes, has made the switch to Creo.
  • Volkswagen, a worldwide, leading automobile manufacturer and the largest carmaker in Europe, expanded their Creo footprint.

“With Creo, it’s simple for customers of all sizes and industries to transform an early design concept into a smart, connected product,” said Brian Thompson, SVP and general manager, CAD, PTC. “These companies, ranging from a well-known automobile manufacturer to an automated home and building solution provider, all recognized the potential of Creo to give them a true competitive edge, and PTC is eager to support their journey and outcomes.”

To learn more about the Creo suite of offerings and other ways PTC’s CAD software can help your organization, please visit: http://www.ptc.com/en/cad.

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