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| CAD, CAM, CAE, design, technical drawing, drafting, delineation, visualization, manufacturing | ISSN 1442-2255 |
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Smiths Aerospace Goes Live with PTC WindchillSupplier in Global Aerospace & Defense Industry Aims to Strengthen Tier One Position With Leading PLM Solution
NEEDHAM, Mass., May 3 /PRNewswire-FirstCall/ -- PTC (NASDAQ:PMTC), the Product Development Company(TM), announced today that Smiths Aerospace, the leading transatlantic aerospace equipment manufacturer, has successfully deployed PTC Windchill(R) solutions to 900 employees. Smiths Aerospace holds key positions in the supply chains of all major military and civil aircraft and engine manufacturers, producing integrated solutions for aircraft systems, actuators and electronic control systems. Smiths Aerospace has grown dramatically in recent years through a combination of strategic acquisitions and major program wins. To fortify its position as a leading tier one supplier in the global aerospace and defense industry, Smiths Aerospace chose PTC's Windchill solutions for product lifecycle management (PLM). With Windchill's integral PLM architecture, Smiths Aerospace can now quickly assemble virtual corporate teams of product experts to compete more effectively on new programs. Robert Mills, Chief Information Officer for Smiths Aerospace Electronic Systems, stated "The deployment of PTC's products will assure that continuous improvement in our ability to collaborate and reductions in our time-to-market will be sustained. Windchill is enabling us to leverage the full force of our global expertise, regardless of where it resides, to increase our product innovation while driving greater efficiencies in our business. "We believe that our partnership with PTC, combining world class business processes with world class collaboration technology, will help to position us as the first choice for our customers and will fuel continuous improvement for the foreseeable future," Mills said. "Smiths understands the value of product lifecycle management and has a strategic commitment to growth through collaboration with their partners," said Paul Cunningham, Executive Vice President of Worldwide Sales at PTC. "Our experience in the aerospace industry and others has shown us that companies who leverage their product development processes and focus on how they can better work with their partners are able to most effectively identify and realize value from their product development process." PTC helped Smiths Aerospace replace a legacy Sherpa system with a modern Windchill solution for product structure management, change management, and configuration management. In addition, PTC Global Services is helping Smiths Aerospace to design collaboration strategies and processes that will enable joint development activities with prime contractors on major commercial aircraft programs and among Smiths Aerospace's globally distributed business units. "PTC's experience in aerospace and the global implementations of their solutions in our industry was an important factor in our decision," said Ric Prince, Smiths Aerospace Program Manager for deployment of PTC products. "The pilot project we conducted in early 2003 demonstrated how quickly we could be looking at ROI and delivering results. "We deliver high value to the aircraft platform," Prince continued. "Our ability to rapidly and efficiently integrate parts is what sets us apart from our competitors. Windchill collaboration capabilities allow us to project manage programs with our customers while the Windchill product data management capabilities facilitate the product and process information control that is critical to our business." About PTC PTC (NASDAQ:PMTC) 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 and product lifecycle management. The company services more than 35,000 customers worldwide.
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