# PTC

> PTC is a Boston-based public software company that gives manufacturers a connected system for designing, governing, building, and servicing complex physical products. Its portfolio spans Creo and Onshape for CAD, Windchill and Arena for PLM, Codebeamer for application lifecycle management, and ServiceMax and Servigistics for service operations. The company sells mostly recurring subscriptions and SaaS to more than 30,000 customers, with a strategy centered on making trusted product data usable across engineering, manufacturing, service, and emerging AI workflows.

- **Founded:** 1985
- **Headquarters:** Boston, United States
- **Founders:** Samuel P. Geisberg (Co-founder), Mike Payne (Co-founder)
- **Team size:** 7,642 full-time employees as of September 30, 2025
- **Products:** Creo, Windchill, Onshape, Arena, Codebeamer
- **Notable:** Introduced Pro/ENGINEER in 1988, widely credited as the first commercial parametric, associative, feature-based solid-modeling system., Completed an initial public offering on Nasdaq in 1989., Built Windchill into a major enterprise PLM platform and was named a Leader in the 2026 Gartner Magic Quadrant for PLM Software in Discrete Manufacturing Industries.

## Products & services

- **Creo** — Parametric 3D CAD for product design, simulation, generative design, model-based definition, composites, and advanced manufacturing; descended from Pro/ENGINEER.
- **Windchill** — Enterprise PLM and product-data-management software for bills of materials, configurations, changes, collaboration, governance, and traceability.
- **Onshape** — Cloud-native CAD and PDM with browser-based collaboration, version control, and SaaS delivery; acquired by PTC in 2019.
- **Arena** — Cloud PLM and quality-management software aimed at product companies that need controlled bills of materials, supplier collaboration, and compliance workflows.
- **Codebeamer** — Application lifecycle management for requirements, risk, testing, variants, and end-to-end software traceability, especially in regulated and software-defined products.
- **ServiceMax** — Field-service management software for work orders, technicians, installed assets, contracts, and service outcomes; acquired by PTC in 2023.
- **Servigistics** — Service-parts planning, inventory optimization, pricing, and supply-chain management for complex installed products.
- **Arbortext** — Structured authoring and publishing tools for technical documentation and service information.
- **PTC Jetstream** — A cloud-native collaboration layer for sharing, reviewing, and capturing traceable feedback on product data across organizational boundaries.
- **PTC Orbit** — A cloud-native asset-intelligence product that connects PLM, ERP, CRM, IoT, EAM, and field-service data into an as-maintained asset record.

## Achievements

- Introduced Pro/ENGINEER in 1988, widely credited as the first commercial parametric, associative, feature-based solid-modeling system.
- Completed an initial public offering on Nasdaq in 1989.
- Built Windchill into a major enterprise PLM platform and was named a Leader in the 2026 Gartner Magic Quadrant for PLM Software in Discrete Manufacturing Industries.
- Reported $2.478 billion in ARR and $2.739 billion in revenue for fiscal 2025.
- Supports more than 30,000 customers globally and says its technology is used by 95% of Fortune 500 discrete manufacturers.
- Earned Great Place to Work recognition in 22 countries in 2025.
- Completed the 2026 sale of ThingWorx and Kepware to sharpen its focus on CAD, PLM, ALM, SLM, SaaS, and AI.

## Latest updates

- **2026-07** — PTC said Windchill was named a Leader and Arena a Visionary in the 2026 Gartner Magic Quadrant for PLM Software in Discrete Manufacturing Industries.
- **2026-06** — PTC announced Orbit and Jetstream, previewed a cross-portfolio AI platform, and detailed 12 AI agents, 10 integrations, and more than 100 portfolio enhancements.
- **2026-04** — Windchill AI Assistant launched with natural-language search and summarization over permission-controlled product documents.
- **2026-03** — PTC completed the sale of the ThingWorx IoT and Kepware industrial-connectivity businesses to TPG and announced a $375 million accelerated share-repurchase program.
- **2026-02** — PTC reported fiscal Q1 constant-currency ARR of $2.500 billion, up 8.4% year over year.
- **2025-07** — PTC expanded its NVIDIA collaboration to bring Omniverse capabilities into Creo and Windchill and joined the Alliance for OpenUSD.

## Links

- Website: https://www.ptc.com/
- LinkedIn: https://www.linkedin.com/company/ptcinc
- Twitter/X: https://twitter.com/PTC
- YouTube: https://www.youtube.com/user/PTC
- Instagram: https://www.instagram.com/ptc_inc/
- Facebook: https://www.facebook.com/ptc.inc/

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Profile page: https://yespress.io/ptc
Published by YesPress — https://yespress.io
Last updated: 2026-08-11