Field Marketing Specialist

PTC has launched the FeatureScript MCP Server capability in its Onshape CAD and PDM platform. The tool enables engineers to create custom CAD features using natural language and AI, without requiring programming experience. The capability automates feature development through AI-assisted building, testing, debugging, and refinement. Engineers describe desired functionality in natural language, and AI helps build the custom feature in FeatureScript until it works as intended. Built on the Model Context Protocol, the server connects AI coding tools like Claude, ChatGPT, and Gemini directly with Onshape FeatureScript code. The resulting custom features can be shared across teams without ongoing AI interactions or recurring costs. "The future of AI in CAD is not simply text-to-CAD, but text-to-code-to-CAD," said David Katzman, EVP and general manager of Onshape and Arena at PTC. The capability is available through PTC's Onshape Labs initiative.

PTC's shares have fallen 8.4% to $146.31 over six months, contrasting with the S&P 500's 10.9% gain, following softer quarterly results. The software company, which provides digital solutions for product design and development, shows mixed signals for investors. On the positive side, PTC demonstrates exceptional customer acquisition efficiency with a payback period of just 0.5 months. The company also maintains elite profitability with a 37.8% operating margin over the past year. However, PTC's annual recurring revenue growth averaged only 8.7% over the last four quarters, reaching $2.41 billion in Q2. This underwhelming performance suggests increasing competition may be challenging the company's ability to secure longer-term commitments.

PTC has launched Codebeamer 3.3, Codebeamer AI 1.2, and Pure Variants 7.3, enhancing its application lifecycle management portfolio. The updates address challenges engineering teams face when managing product variants and finding information. Codebeamer 3.3 introduces Delta Merge, which automatically applies approved changes across product variants, eliminating manual reapplication. It also adds role-based permissions for change approval control and deeper integration with PTC's Windchill PLM solution. Codebeamer AI 1.2 features an AI Search Assistant using semantic search to deliver more accurate results by understanding search intent. Pure Variants 7.3 includes Stream Transformation, which converts product variants into working sets that automatically update to reflect variant-specific features. The releases strengthen traceability and change management for automotive, medtech, federal, aerospace, and defence industries, helping manufacturers manage increasing product complexity whilst maintaining regulatory compliance.