PTC Inc. (PTC)

PTC Inc. is a well-known technology company that specializes in providing software solutions for product lifecycle management (PLM), the Internet of Things (IoT), augmented reality (AR), and computer-aided design (CAD). Founded in 1985 by Samuel Geisberg, PTC stands for "Parametric Technology Corporation." The company is headquartered in Boston, Massachusetts. As of 2023, PTC's CEO is James Heppelmann, who has been leading the company with a focus on digital transformation and innovation. PTC's solutions help businesses design, manufacture, operate, and service their products more effectively. The company generates substantial revenue, reflecting its significant role in various industries, including manufacturing, automotive, and aerospace. PTC is notable for its flagship products like Creo, a CAD software, and Windchill, a PLM platform, alongside its Vuforia AR solutions and ThingWorx IoT platform.