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PTC Inc. (PTC)

38.69 Down 0.06(0.15%) 11:29AM EST - Nasdaq Real Time Price
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PTC Inc.
140 Kendrick Street
Needham, MA 02494
United States - Map
Phone: 781-370-5000
Fax: 781-370-6000

Index Membership:N/A
Industry:Technical & System Software
Full Time Employees:6,444

Business Summary 

PTC Inc. develops, markets, and supports software products and solutions in the areas of computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), supply chain management (SCM), and service lifecycle management (SLM) worldwide. The company operates in two segments, Software Products and Services. Its CAD products include PTC Creo, an interoperable suite of product design software; and PTC Mathcad software for solving, analyzing, and sharing vital engineering calculations. The company offers PLM products, such as PTC Windchill that provides lifecycle intelligence from design to service; and PTC Creo View, which enables enterprise-wide visualization, verification, annotation, and automated comparison of various product development data formats. It also provides ALM products comprising PTC Integrity that enables users to manage system models, software configurations, test plans, and defects, as well as SCM products, including PTC Windchill FlexPLM, which is designed for manufacturers in the consumer products, retail, footwear, and apparel industries; and PTC Windchill Product Analytics, a suite of products that enable manufacturers to assess product compliance, performance, and risk in the product lifecycle. In addition, the company’s SLM products consisting of PTC Servigistics, a suite of software products that enables a systematic approach to service lifecycle management; and PTC Arbortext, an enterprise software suite for manufacturers to create, illustrate, manage, and publish technical and service parts information. Further, PTC Inc. provides consultation, implementation, and training services. It sells its products and services through direct sales force, as well as through third-party resellers and other strategic partners. The company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc. in January 2013. PTC Inc. was founded in 1985 and is headquartered in Needham, Massachusetts.

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Corporate Governance 
PTC Inc.’s ISS Governance QuickScore as of Nov 1, 2014 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 3; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. James E. Heppelmann , 49
Chief Exec. Officer, Pres, Member of National First Exec. Advisory Board and Director
Mr. Jeffrey D. Glidden , 63
Chief Financial Officer and Exec. VP
Mr. Robert D. Ranaldi , 45
Exec. VP of Worldwide Sales & Distribution
Dr. Barry F. Cohen Ph.D., 69
Exec. VP for Global Services & Partners
Mr. Kristian P. Talvitie ,
Sr. VP of Investor Relations
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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