PTC (NASDAQ: PTC) is a global software company specializing in solutions for product lifecycle management (PLM), computer-aided design (CAD), the Internet of Things (IoT) and augmented reality (AR). Founded in 1985 and headquartered in Boston, Massachusetts, PTC initially gained recognition with its Pro/ENGINEER mechanical CAD software, which introduced feature-based parametric modeling. Over time, the company expanded its portfolio through both organic development and strategic acquisitions, positioning itself as a leader in digital transformation for manufacturing and service industries.
Today, PTC’s primary offerings include Creo for 3D CAD design and simulation, Windchill for PLM and collaboration, ThingWorx as an industrial IoT platform, and Vuforia for enterprise augmented reality applications. These solutions enable enterprises to streamline product development, optimize operational efficiency and deploy connected workflows that bridge engineering, operations and field service. PTC also provides consulting services and support to help customers integrate and extend these technologies within their existing IT and OT environments.
PTC serves a broad range of industries, including aerospace and defense, automotive, electronics, industrial equipment and consumer products, with operations spanning North America, Europe, Asia-Pacific and other regions. The company’s platform-based approach allows organizations of varying sizes to scale digital initiatives from pilot projects to enterprise-wide programs. Under the leadership of President and CEO James E. Heppelmann, who joined PTC in 1998 and took the helm in 2010, the firm has emphasized innovation in augmented reality and IoT as cornerstones of the “digitally connected enterprise.”