PTC Expands and Solidifies Leadership In
Global Aerospace and Defense Markets
Solutions Tailored to Unique Needs and
Requirements of Top Companies
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Needham, MA, February 11, 2004 - PTC
(Nasdaq: PMTC), the Product Development Company™,
is expanding its market-leading presence in the
global aerospace and defense industry with
significant sales and implementations to system
integrators in the aircraft, defense electronics,
missiles and space, shipbuilding, and armored
ground vehicles sectors and their respective
supply chains. PTC is also achieving significant
penetration into government sectors, including
defense departments, program offices, and national
laboratories.
PTC now has an installed base of approximately 300
aerospace and defense customers thanks to a suite
of solutions that specifically meets the needs of
that market. New wins and follow-on commitments
have recently come from Boeing, Raytheon, Northrop
Grumman, Goodrich, Smiths, Harris, Embraer, GKN
Aerospace, China State Shipbuilding Company, and
the China Aviation Industry Corporation. In the
government sectors, PTC has received new
commitments from NASA and the US Department of
Energy’s National Nuclear Security Administration.
In fact, nine of the top 10 A&D companies
worldwide are large users of PTC’s solutions.
“Aerospace and Defense is a very important market
for PTC,” says Jim Heppelmann, EVP and chief
product officer at PTC. “We have invested 17 years
in delivering high value, mission-critical product
development solutions to A&D companies. In the
process, we have developed a deep understanding of
the unique requirements and business drivers in
this industry.
“We recognize the transformation that is occurring
in the industry today and are aggressively
committed to providing responsive solutions with
our core product set, industry-specific solution
components, and the extensive intellectual
property we have developed after serving numerous
A&D customers,” Heppelmann adds.
PTC is developing its PLM solution suite by
recognizing the important differentiators that
make product development in A&D unique, including
the importance of programs and program information
management, spiral development, focus on lifecycle
cost, distribution of intellectual property, and
the notion that lives are at stake with highly
complex products when they fail or sometimes when
they are successful.
“We stay on top of the key business drivers that
are currently causing change throughout the A&D
industry,” says Berry Gibson, director for
Federal, Aerospace and Defense Product and Market
Strategy at PTC. “We see significant opportunities
for product development solutions to address
issues such as “defense transformation”,
increasing cost reduction and asset management
pressures, increasing product complexity,
increasing value chain complexity, globalization,
and new directives issued by the Department of
Defense. Our industry-focused solution set is
bringing many A&D companies to adopt PTC
solutions.”
In response to these business drivers and the
unique aspects of product development in A&D, PTC
has fine-tuned its solutions across five major
product lifecycle management (PLM) areas
including: Configuration Management, Integrated
Program information Management and Program
Execution, Modeling and Simulation, Advanced
Collaboration Infrastructures, and Digital Product
Definition.
FAD Template Focuses on Configuration Management
Solutions for the Industry
PTC believes that the number-one critical need
across the federal, aerospace, and defense (FAD)
market today is for a Configuration Management
System, that is scalable over a complex supply
chain and enables rigorous product structure
management, heterogeneous CAD data management,
change management, deliverables management,
alternates and substitutes functionality, parts
re-use, and management of the
as-built/as-maintained bill-of-material. PTC has
recently introduced its first industry-specific
solution for the federal, aerospace and defense
market called the ”FAD Template”, built on
Windchill® PDMLink™ and designed to address the
unique configuration management needs of A&D
companies.
Integrated Program Management Provides Information
Backbone for Major Projects
Integrated Program Information Management and
Program Execution are key PLM needs that can be
effectively solved with Windchill solutions. PTC’s
A&D customers are managing work breakdown
structures, work packages, contracts,
requirements, risk, cost and schedule and relating
these items to the product information
traditionally in a PDM system.
PTC is actively building upon the strong project
management foundation provided by Windchill®
ProjectLink™ to provide additional Program
Management capabilities in its core products that
have the potential to help A&D companies control
cost, schedule, and risk on their large
development programs.
Windchill Data Management at Heart of Modeling and
Simulation Environments
Creating Modeling and Simulation Environments for
digital prototyping, holistic operational
simulations, and trade study management is a key
PLM need for A&D program offices seeking ways to
improve trade study effectiveness and to reduce
program lifecycle costs. To solve its Modeling and
Simulation problem, NASA deployed its Advanced
Engineering Environment based on Windchill for the
purposes of rapidly analyzing and designing a
large number of Reusable Launch Vehicle concepts.
“The Windchill Product Data Management software is
at the heart of the system,” NASA explains in AIAA
Paper- 2003-3428. “It acts as web portal into the
environment, brokers all exchanges of data into
and out of the environment, and controls the
process flow of all assessment cases that need to
be performed.”
NASA adds “The PDM has successfully enabled a team
comprised of people representing six NASA centers,
working either from their NASA offices or their
home offices, as well as people working from
company sites, to retrieve tasks and data, perform
analysis, and publish results at any time of the
day.”
Collaboration Architecture Revolutionizes
Infrastructure of Complex Projects
Numerous A&D companies including Airbus, Boeing
and NASA continue to make commitments to PTC
products to create Advanced Collaboration
Architectures, using Windchill, Windchill
ProjectLink, ProductView™, and Info*Engine®. These
companies are deploying PTC’s revolutionary PLM
architecture, which establishes an infrastructure
for managing a system-of-systems product
description across a distributed program team from
multiple companies. Such collaboration solutions
across the corporate IT backbone increase agility,
reduce transaction costs, improve decision-making,
and enhance customer relationships. To help
companies implement the strategy, capabilities and
infrastructure necessary to achieve efficient
collaboration, PTC Global Services has developed a
structured approach for designing collaboration
systems that has been successfully utilized at a
number of large A&D manufacturers.
About PTC
PTC (Nasdaq: PMTC) develops, markets, and supports
software solutions that help manufacturers win
with superior products. PTC is the world’s largest
software company with a total commitment to
product development and product lifecycle
management (PLM.) The company services more than
35,000 customers worldwide. Further information on
PTC is available at
http://www.ptc.com/go/pr or call
1-888-782-3776, ext. 901.
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