Independent global PLM strategic management consulting and research firm CIMdata has ranked PTC as a leading provider of product lifecycle management (PLM) solutions in China. In its 2013 China PLM Market report just issued, CIMdata has identified PTC as the clear market leader in four categories: Mainstream PLM and collaborative Product Definition management (cPDM), as well as the Aerospace & Defense and Electronics & High Tech vertical industries.
This recognition of leadership comes as PTC celebrates 20 years in business in the fast- growing China market.
We are committed to helping our customers in China achieve product and service advantage in a highly competitive market by providing them with world-class technology, professional services and personal support," said Richard Shou, DVP, President of PTC China, PTC.
PLM forms the product information backbone for a company and its extended enterprise. CIMdata defines PLM as a strategic business approach that applies a consistent set of business solutions in support of the collaborative creation, management, dissemination, and use of product definition information across the extended enterprise.
PTC's No. 1 ranking in the mainstream PLM market segment reflects the success of its PTC Windchill family of PLM solutions, which enable manufacturers to do more throughout the product lifecycle, know more about product performance, and get more value from their PLM investment. PTC’s solutions help customers transform the way they create and service products across the entire product lifecycle – from conception and design to sourcing and service.
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