PTC Inc - Company Profile
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PTC Inc (PTC), is a developer of software products and related services. The company offers product lifecycle management (PLM), computer-aided design (CAD), augmented reality (AR), internet-of-things (IoT), application lifecycle management (ALM) products, service lifecycle management (SLM) products, and service parts management software, and related services. It provides services such as maintenance, implementation, advisory, consulting, and cloud-based services. PTC serves aerospace and defense, life sciences, electronics and high-tech, energy and resources, retail, consumer products, industrial machinery, process industries, and automotive industries. The company has business presence across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. PTC is headquartered in Boston, Massachusetts, the US.
Headquarters
United States of America
Address
121 Seaport Boulevard, Boston, Massachusetts, 02210
Website
www.ptc.com
Telephone
1 781 3705000
No of Employees
7,231
Industry
Technology and Communications
Ticker Symbol & Exchange
PTC (NASD)
Revenue (2022)
$2.1B
8.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-21.6%
(2022 vs 2021)
Market Cap*
$21.2B
Net Profit Margin (2022)
XYZ
-27.7%
(2022 vs 2021)
* As of and is in US$
PTC Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Solutions: | Consulting | Creo |
| Industrial Internet of Things (IIoT) Software | Training | Creo+ |
| Computer-Aided Design (CAD) Modelling Solutions | Software Implementation | Windchill |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company secured US$8.309 million contract modification from Naval Sea Systems Command to exercise and fund an option for provisioned item orders in support of model-based production support. |
| 2023 | Contracts/Agreements | In October, the company entered into a partnership with OnProcess to enhance recovery and planning operations through the Agora Connector powered by Servigistics. |
| 2023 | Contracts/Agreements | In October, the company established a strategic supplier relationship with Volkswagen Group to focus on the adoption of PTC's Codebeamer application lifecycle management (ALM) solution. |
Competitor Comparison
| Key Parameters | PTC Inc | Amazon.com Inc | Microsoft Corp | Siemens AG | International Business Machines Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Germany | United States of America |
| City | Boston | Seattle | Redmond | Muenchen | Armonk |
| State/Province | Massachusetts | Washington | Washington | Bayern | New York |
| No. of Employees | 7,231 | 1,525,000 | 221,000 | 321,000 | 305,300 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert P. Schechter | Chairman | Executive Board | - | 74 |
| Neil Barua | Chief Executive Officer; Director | Executive Board | 2024 | - |
| Kristian Talvitie | Chief Financial Officer; Executive Vice President | Senior Management | 2019 | 52 |
| Michael DiTullio | President; Chief Operating Officer | Senior Management | 2023 | - |
| Steve Dertien | Executive Vice President; Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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