CoCreate is now at home in a great company – PTC. And while you may know something about PTC’s products like Windchill and Pro/ENGINEER, you might be surprised to learn just how successful and innovative this company is.

• PTC provides leading Product Lifecycle Management (PLM), solutions to more than 50,000 companies worldwide. The company was formed in 1985 and customers include many of the world's most innovative companies in the manufacturing including industrial, high-tech, auto, A&D, medical devices, and retail & consumer products, publishing, services, government, and life sciences industries.

• PTC and CoCreate both played major roles in 3D CAD development – PTC invented parametric modeling and CoCreate invented explicit modeling. With the acquisition, you can now choose the modeling software that best fits your company’s needs.

• PTC is the only company that provides an integral product development system (PDS) to optimize key processes. PTC develops solutions and, as part of its overall business strategy, acquires complementary companies such as Arbortext or CoCreate. PTC does more than simply offer some loosely coupled products called PLM solutions. The company offers customers a comprehensive set of industry-specific product development processes that are the culmination of best practices from product development leaders from around the world.

• PTC provides a fully open product development system which uses standard protocols (such as Java API’s, EAI middleware, and SOA/Web Services) that eases integration with existing customer environments such as ERP, and supply chain management solutions as well as extracting data from a variety of content management systems for industry leading dynamic publishing.

• The PTC Product Development System is a flexible and scalable configuration of PTC solutions, specifically designed and tested together to give companies the key capabilities necessary for successful product development including:

  • Arbortext® – is dynamic publishing software that allows companies to create reusable components of content, both text and illustrations, and configure and publish the content for specific audiences to a variety of media types in multiple languages.

  • Mathcad® –is engineering calculation software that combines a powerful computational engine, accessed through conventional math notation, with a full-featured word processor and graphing tools.

  • CoCreate® - is explicit modelling and data management software that provides companies with a lightweight and flexible approach to designing products.

  • Pro/ENGINEER® – is integrated parametric MCAD/CAM/CAE software that companies use to develop detailed, intuitive, and realistic digital product models and related deliverables.

  • ProductView™–is a scalable suite of visualization products that allows companies to visualize all kinds of digital product content without the need for authoring applications.

  • Windchill® – is content and process management software that helps companies manage and configure complete product development content, and optimize the broad set of product development processes necessary to bring products to market and manage them over the entire lifecycle.

• PTC, with annual revenues close to 1 billion dollars, is publically traded on Nasdaq, (Nasdaq: PMTC). PTC is also included in the S&P Midcap 400 and Russell 2000 indices. The company is extremely focused and deliberate in plans to expand product offerings and market reach through organic product development, strategic partnerships, and acquisitions. PTC has specific plans in place to become a 1.5 billion dollar company by the year 2010.

For more information on PTC and the organization take a look at www.ptc.com 

“PTC’s acquisition of CoCreate rounds out their strategy of providing engineers with a full cadre of tools, from Arbortext IsoDraw for technical drawings, to Mathcad for complex engineering calculations, to CoCreate for explicit modeling. AMR Research