PTC in focus: Autodesk plans multi-billion dollar move into the CAD market

PTC is a US-based software company headquartered in Boston that specializes in solutions for product development and industrial digitalization. At the core are platforms like Creo for CAD design, Windchill for product lifecycle management (PLM), and ThingWorx for the industrial Internet of Things (IIoT). Especially in the manufacturing industry, PTC enables the seamless connection of physical products with digital twins – an approach that helps companies shorten development times, reduce costs, and manage processes more efficiently. In recent...