PTC invests in ServiceMax to expand ops, R&D

PTC invests in ServiceMax to expand ops, R&D

PTC is putting more of its money into building a thriving Service Lifecycle Management business, taking part in an $82 million Series-F round of funding for ServiceMax. ServiceMax, which makes cloud-based field service management apps, has now raised a total of $202...
PTC’s FQ2 was an up/down mix with lots of potential

PTC’s FQ2 was an up/down mix with lots of potential

Remember how PTC shocked everyone at the beginning of the month when they announced that the first calendar quarter/second fiscal quarter of 2015 was OK, but they were rejigging the business to better meet new goals? Yes? Well, last night PTC gave much more detail...
PTC Live: CAD, PLM, Services, IoT – lots of IoT

PTC Live: CAD, PLM, Services, IoT – lots of IoT

PTC had a tough balancing act last week at its Live Global event: act like a CAD and PLM company for the majority of the attendees, help a smaller but vibrant community of manufacturers develop their services delivery capabilities while also pulling us towards the...
PTC’s FQ2 was an up/down mix with lots of potential

PTC’s 2013 — what a difference a Q makes!

Sometimes you can hear glee over the phone wire, can’t you? At roughly the same time that Dassault Systèmes announced that it missed its September quarter objectives, PTC’s CEO Jim Heppelmann was telling Wall Street that total revenue for the quarter was...
PTC’s FQ2 was an up/down mix with lots of potential

PTC bolsters SLM offering with Servigistics

PTC today announced that it will acquire Servigistics for $220 million in cash to further fill out its offering for the very long services tail of a product’s life — an area where manufacturers are increasingly looking for revenue opportunities....