We are excited to share with you that PTC has signed a definitive agreement to acquire Onshape, the first Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) with powerful data management and collaboration tools. The company was founded by CAD legends, including Jon Hirschtick, John McEleney, and Dave Corcoran, all inventors of and former executives at SolidWorks.
As you know, most software industries have embraced the SaaS model because it lowers the cost of ownership and accelerates the introduction of new capabilities into the market. SaaS eliminates the need for costly server hardware and ensures that users are always current with the latest software with no need for administrators to implement patches or perform regular upgrades. OnShape is an amazing product – I trust you will be as impressed by its many breakthroughs as I have been.
PTC is acquiring Onshape because we have a deep commitment to providing innovative technology that drives business value and enhances your competitive position. With this strategic acquisition, PTC is doubling down on CAD and PLM. We will give customers the ability to choose between leading SaaS (Onshape) and on-premises (Creo and Windchill) deployment options per their preference.
We will be sharing more details about what our acquisition of Onshape means for you in the days and weeks to come, but I want you to take away two important messages:
Existing Onshape customers if you have any queries get in touch.
What if your 3D CAD software could provide you with real-time feedback on your design decisions, reacting to changes as you make them?
Creo Simulation Live, powered by ANSYS, makes this a reality, providing guidance on the thousands of decisions you make throughout the development process, improving quality, reducing time to market, and saving you money. This fast, easy-to-use tool makes instant feedback available in the modeling environment so you can create better designs.
Creo Simulation Live is unlike any design tool you’ve ever used before. And now it’s available to try on your own models, absolutely free. Be among the first to try it.
The Field Service Management industry faces a convergence of challenges. As trusted career experts retire in increasing numbers, product variety and complexity accelerate. Traditional methods for scaling expertise are no longer sufficient. But there are companies who are innovating—overcoming these challenges to increase service quality and efficiency. How are they doing it?
Aberdeen’s survey of service leaders reveals a robust investment in Augmented Reality as a key strategy for unlocking service expertise. Engaging and highly effective—AR is amplifying the capabilities of technicians across all experience levels. Access the white paper and discover:
BMW Group has selected the PTC Windchill solution as its PLM backbone for production and sourcing bill-of-material(BOM). Windchill will be the enabler of globally configuring and releasing cars to production. The award-winning PLM solution will support BMW group in improving efficiency and achieving a leaner global production process.
18th June 2018