PTC

PTC

About PTC

Simplify's Rating
Why PTC is rated
A+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

AI & Machine Learning

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1985

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • PTC's collaboration with Microsoft and Volkswagen advances generative AI in manufacturing.
  • Increased demand for digital twins boosts PTC's IoT and PLM solutions.
  • 5G expansion enhances PTC's connected devices and smart manufacturing offerings.

What critics are saying

  • Generative AI competition may impact PTC's market share.
  • Integration challenges with pure-systems could affect ALM and PLM performance.
  • Regulatory scrutiny may delay Codebeamer Copilot deployment in the EU.

What makes PTC unique

  • PTC leads in ALM solutions with the acquisition of pure-systems.
  • PTC's ServiceMax platform excels in field service management for asset-centric industries.
  • PTC's partnership with Trax enhances aviation maintenance through Servigistics integration.

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Funding

Total Funding

$1004M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Paid Vacation

Paid Sick Leave

401(k) Retirement Plan

401(k) Company Match

Tuition Reimbursement

Company News

PR Newswire
Jan 15th, 2025
Ptc To Announce Fiscal Q1'25 Results On Wednesday, February 5Th, 2025

BOSTON, Jan. 15, 2025 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2025 first quarter results on Wednesday, February 5th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, February 5th at 5 pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations

PR Newswire
Dec 3rd, 2024
Ptc Partners With Microsoft And Volkswagen Group To Develop Codebeamer Generative Ai Copilot

Collaboration brings together industry leaders to advance generative AI use cases for manufacturing. Codebeamer Copilot expected to simplify requirements management as part of the product development process. Codebeamer Copilot beta expected to release in early 2025BOSTON, Dec. 3, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has partnered with Microsoft and Volkswagen Group to develop a generative artificial intelligence (AI) copilot based on the PTC Codebeamer® application lifecycle management (ALM) solution. Codebeamer Copilot will support software development in physical products by enabling software engineers to create and manage product requirements more efficiently as well as test, validate, and release them

PR Newswire
Jul 11th, 2024
Ptc To Announce Fiscal Q3'24 Results On Wednesday, July 31St, 2024

BOSTON, July 11, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2024 third quarter results on Wednesday, July 31st after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, July 31st at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What:. PTC Fiscal Q3'24 Conference Call and Webcast

PR Newswire
Apr 10th, 2024
Ptc To Announce Fiscal Q2'24 Results On Wednesday, May 1St, 2024

BOSTON, April 10, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2024 second quarter results on Wednesday, May 1st after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, May 1st at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations. What:. PTC Fiscal Q2'24 Conference Call and Webcast

PR Newswire
Apr 10th, 2024
Trax And Ptc Partner To Enhance Aviation Maintenance Operations Through Innovative Joint Solutions

The collaboration will establish a seamless integration between the Trax and Servigistics platforms, enabling the timely availability of critical parts and allowing companies to streamline aircraft MRO maintenance activities for peak uptime and customer satisfaction.MIAMI, April 10, 2024 /PRNewswire/ -- Trax, a leading global provider of paperless aviation maintenance and engineering software products, and PTC (NASDAQ: PTC) have announced they will partner to integrate Trax's platforms and PTC's Servigistics® and develop innovative joint solutions. This transformative collaboration between two industry leaders aims to elevate efficiency, redefine service supply chain optimization, and maximize operational effectiveness across airline and MRO maintenance activities.The collaboration between Trax, a powerhouse in paperless maintenance software solutions, and Servigistics, the leading service parts optimization solution, takes an innovative approach to addressing the intricate and complex challenges within the aviation industry service supply chain. By seamlessly integrating these innovative platforms, airlines and MROs can more rapidly and efficiently optimize their supply chains to ensure they have the right part in the right place at the right time."This integration marks a significant milestone in our commitment to delivering unparalleled solutions to the aviation industry. Pairing the strengths of Trax with the advanced capabilities of Servigistics to drive automation and new functionality will unlock immense value, address profoundly complex service supply chain challenges, and enable companies to optimize MRO processes," shared Andrew Schmidt, Trax's Executive Vice President."At Trax, we are dedicated to innovation and driving efficiency in aircraft maintenance and overhaul. The collaboration with Servigistics represents a leap forward in our mission, seeking ever-increasing efficiency and delivering greater value to our customers," echoed Miguel Sosa, Trax's Vice President of Product & Software Development."Servigistics is committed to revolutionizing service supply chain optimization through advanced data science. Our solution empowers organizations with machine learning and artificial intelligence

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PTC is Hiring for 121 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update PTC's jobs every few hours, so check again soon! Browse all jobs →