PTC Receives Leadership Position in Recent METAspectrum

NEEDHAM, Mass., Dec. 18 /PRNewswire/ -- PTC (NASDAQ:PMTC), the product development company(TM), today announced that the METAspectrum PLM Evaluation has positioned PTC in the "Leader" category among PLM vendors. META noted "PTC, along with having a leading PLM backbone, possesses a large services arm that effectively aids customers in software deployment."

"Better management of product information is essential to PLM success," said META Group analyst Bruce Hudson. "Those vendors who provide that functionality are achieving greater efficiencies and ultimately enhanced profitability for their customers."

The study credits PTC with strong leadership in product lifecycle management (PLM) across criteria for both market presence and performance. In the eight presence and seven performance rankings, PTC received top scores for its vision, strategy and technology.

"META has done an tremendous service to users in framing the landscape of PLM relative to the major players," said Bill Berutti, Senior Vice President, Marketing and Strategy. "As the reports 'Bottom Line' notes, an effective PLM backbone affects flexibility, extensibility and cost of ownership. The METAspectrum Evaluation conclusions clearly align with our approach in calling for a flexible and scalable PLM technology backbone, a complete product development system and deep market expertise."

METAspectrum Disclaimer

Permission to reproduce this research has been granted by META Group, Inc. Any further reproduction or redistribution of this research in any form without prior written approval is prohibited. METAspectrum is META Group's independent evaluation of a technology market, representing marketplace characteristics at a given time and are subject to change without notice. META Group's permission to reproduce this evaluation should not be deemed to be an endorsement of any company or product. META Group research is intended to be one of many information sources and decision-makers should not rely solely on the METAspectrum evaluation for making solution choices. META Group expressly disclaims all warranties, express or implied, including but not limited to fitness of this research for a particular purpose or merchantability.

About PTC

PTC develops, markets, and supports software solutions that help manufacturers win with superior products. PTC is the world's largest software company with a total commitment to product development. The company services more than 35,000 customers worldwide. 

www.ptc.com

 

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