PTC - PTC Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

PTC Inc.

121 Seaport Boulevard
Boston Seaport District
Boston, MA 02210
United States
781-370-5000
http://www.ptc.com

SectorTechnology
IndustrySoftware - Application
Full Time Employees6,110

Key Executives

NameTitlePayExercisedYear Born
Mr. James E. HeppelmannPres, CEO, Director & Member of National First Exec. Advisory Board1.77MN/A1964
Dr. Barry F. CohenExec. VP & Chief Strategy Officer759.6kN/A1944
Mr. Matthew Lessner CohenExec. VP of Field Operations753.72kN/A1976
Mr. Andrew D. MillerExec. Officer759.6kN/A1960
Ms. Kathleen MitfordExec. VP of Products612.78kN/A1973
Amounts are as of December 31, 2018 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.

Description

PTC Inc. operates as software and services company in Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx, an industrial innovation platform to develop and deploy industrial Internet of Things applications; and KEPServerEX solution to provide communications connectivity for industrial automation environments to connect, manage, monitor, and control disparate devices and software applications. The company also provides Vuforia Studio tool for industrial enterprises to author and publish augmented reality experiences; and Creo, an interoperable suite of product design software for design engineers. In addition, it offers Windchill that provides product lifecycle management capabilities; ThingWorx Navigate for complete, contextual, up-to-date, and accurate product information; Integrity solution to manage system models, software configurations, test plans, and defects; and Servigistics, a suite that enables service parts management and customers to continuously enhance their products and services. Further, the company provides consulting, implementation, training, cloud, and license and support services. PTC Inc. markets its products primarily through professionals, third-party resellers, and strategic partners. PTC Inc. has a strategic alliance with Vodafone Group to develop various IoT and augmented reality applications. 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 Boston, Massachusetts.

Corporate Governance

PTC Inc.’s ISS Governance QualityScore as of July 29, 2019 is 5. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 3; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.