Parametric Technology Company Description
Parametric Technology (PTC) hopes to be a paradigmatic model of success. The company is a leading maker of mechanical computer-aided design, manufacturing, and engineering software (CAD/CAM/CAE). Its flagship Pro/ENGINEER 3-D and its collection of add-on software tools have been used by organizations to create 3-D computer models for everything from aircraft engines and car bodies to cellular phones and dollhouses. PTC also offers its Windchill software suite, which enables collaborative product lifecycle management (PLM) -- from design to supplier sourcing and production -- over the Internet.
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The Company Description provides a historical perspective of Parametric Technology's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Parametric Technology's evolution in the marketplace.
