NEEDHAM, MA – June 18, 2013 – With the world’s economies still in a cautious mode, aerospace and defense manufacturers view investment in product lifecycle management (PLM) strategies as a way to innovate, differentiate, and drive efficiency into product development initiatives. PTC (Nasdaq: PMTC) today announced it is a leading provider of PLM software to aerospace and defense (A&D) manufacturers, as defined by industry analyst firm CIMdata.
Aircraft manufacturers need to implement ways to modernize their technology infrastructure and business processes to meet rising market demand. Industry experts estimate that as many as 33,000 new aircraft will be delivered to market over the next 20 years due to the need for more fuel-efficient aircraft, the growing world population, and the aging condition of the existing fleet. PLM plays a critical role in helping manufacturers address these demands by bringing new aircraft to market faster and efficiently while delivering the highest level of quality.
Brazil-based Embraer, one of the world’s largest aircraft manufacturers, selected PTC PLM technology solutions to help them bring new innovative aircraft to market faster, more efficiently and with the highest levels of quality. Switching from its legacy PLM provider, Embraer is preparing for an expected increase in demand for new, more complex aircraft in the coming years.
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PTC Identified as Leading Provider of PLM Software to Global Aerospace & Defense Manufacturers
1. New Industry Report Identifies PTC As The Leading Provider Of PLM Software To
Global Aerospace & Defense Manufacturers
Product Complexity, Serviceability, and Maintainability of Aircraft Systems
Drive Need for PTC’s Complete Product Development Solutions
NEEDHAM, MA – June 18, 2013 – With the world’s economies still in a cautious mode,
aerospace and defense manufacturers view investment in product lifecycle management (PLM)
strategies as a way to innovate, differentiate, and drive efficiency into product development
initiatives. PTC (Nasdaq: PMTC) today announced it is a leading provider of PLM software to
aerospace and defense (A&D) manufacturers, as defined by industry analyst firm CIMdata.
Aircraft manufacturers need to implement ways to modernize their technology infrastructure
and business processes to meet rising market demand. Industry experts estimate that as many
as 33,000 new aircraft will be delivered to market over the next 20 years due to the need for
more fuel-efficient aircraft, the growing world population, and the aging condition of the
existing fleet. PLM plays a critical role in helping manufacturers address these demands by
bringing new aircraft to market faster and efficiently while delivering the highest level of
quality.
Brazil-based Embraer, one of the world’s largest aircraft manufacturers, selected PTC PLM
technology solutions to help them bring new innovative aircraft to market faster, more
efficiently and with the highest levels of quality. Switching from its legacy PLM provider,
Embraer is preparing for an expected increase in demand for new, more complex aircraft in the
coming years.
“According to our most recent PLM market research, PTC is the market leader in providing
collaborative Product Definition management (cPDm) software and services to the A&D market
with its PTC Windchill portfolio,” said Peter Bilello, president of PLM strategic management
consulting firm CIMdata. CIMdata’s full 2013 Market Analysis Report (MAR) will be available in
early July.
In addition to complex product lifecycles, serviceability and maintainability are ever-increasing
concerns for these manufacturers. Eurocopter, an EADS subsidiary, recently expanded its use
of PTC solutions to accelerate its service strategy by deploying a new Spares Configuration Data
Management (SCDM) system that leverages PTC technology to efficiently manage spare parts
across its global service network. This newest initiative expands the relationship between the
companies into an area called service lifecycle management (SLM), and directly assists
Eurocopter in achieving the growth goals of its service business.
2. The service function offers manufacturers the opportunity to differentiate their market
offerings, strengthen their relationships with customers, and provide a way to increase service
revenue within the organization. For many manufacturers, the successful execution of a
customer service strategy is critical to achieving overall growth and profitability goals.
Additional Resources
CIMdata 2012 PLM Market Industry Analysis Report– (web site)
PTC Product Lifecycle Management Resource Center (web site)
PTC Aerospace and Defense Industry Page (web site)
PTC Live 2013 Conference (web site)
About PTC
PTC (Nasdaq: PMTC) enables manufacturers to achieve sustained product and service
advantage. The company’s technology solutions help customers transform the way they create
and service products across the entire product lifecycle – from conception and design to
sourcing and service. Founded in 1985, PTC employs over 6,000 professionals serving more than
27,000 businesses in rapidly-evolving, globally distributed manufacturing industries worldwide.
Get more information at www.ptc.com.
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Contact Information:
PTC For PTC
Corporate Communications Weber Shandwick
Beth Ambaruch Anand Savani
952.435.5058 617.520.7290
bambaruch@ptc.com asavani@webershandwick.com