PTC Inc.

PTC Inc. (formerly Parametric Technology Corporation) is a global computer software and services company founded in 1985 and headquartered in Boston, Massachusetts. The company develops and markets a range of product lifecycle management (PLM), computer-aided design (CAD), application lifecycle management (ALM), service lifecycle management (SLM), and Internet of Things (IoT) solutions.

PTC's software is primarily used by manufacturers in various industries, including aerospace, automotive, industrial equipment, high tech, retail, and medical devices. Its core products are designed to help companies design, manufacture, operate, and service their products more efficiently.

The company's portfolio includes software platforms such as Creo (CAD), Windchill (PLM), ThingWorx (IoT), Vuforia (Augmented Reality), and Arena (SaaS PLM). These platforms are intended to provide a comprehensive suite of tools for managing the entire product lifecycle, from initial concept and design through manufacturing, service, and end-of-life.

PTC operates globally with offices and partners located throughout North America, Europe, Asia-Pacific, and Latin America. The company's business model includes software licenses, subscriptions, and professional services, generating revenue from both direct sales and through its partner network.