PTC, an acronym for Parametric Technology Corporation, stands tall in the realm of information technology and services. Founded in 1985, the company is headquartered in the historic city of Boston, Massachusetts. With a headcount of over 7800 employees, PTC is on a mission to enable the power to create a better world, by laying the groundwork for more sustainable products and solutions.
PTC shows no bounds when it comes to innovation, unleashing a new generation of technology that has proven its strength in the market. The business portfolio of PTC spans over a wide range of services including Product Lifecycle Management (PLM), Computer Aided Design (CAD), Augmented Reality (AR), Virtual Reality (VR), application lifecycle management, supply chain management, and service lifecycle management. On top of this, the organization has been a pioneer in the sector of parametric, associative feature-based, solid CAD modeling software since 1988.
Through their award-winning software and services, PTC aids other companies to differentiate their products and services, thus nurturing operational excellence. The company's mantra is 'Digital Transforms Physical', reinforcing their commitment towards accelerating the digital transformation of physical products.
Their software products encourage the engineering, manufacturing, and servicing of physical products. PTC has an unwavering focus on improving workforce productivity by streamlining workflows using digital and augmented work instructions. This approach has proven successful in enhancing manufacturing flexibility, staying competitive, and ultimately, driving business growth.
Powered by a strong sense of purpose, PTC's initiatives go beyond the fundamental scope of information technology. The company upholds a robust commitment to its customers and employees alike, infusing the power to create in everything they do. They have been instrumental in the development of more sustainable products and solutions, thus contributing to a greener future.
In addition, PTC also lays heavy emphasis on building engaged and dynamic workforces. They provide comprehensive spaces for professional development and learning, actively combatting biases, barriers, and equity in the workplace.
Stepping beyond the conventional, PTC also invests meaningful resources into the communities they care about. They act as a global organization engaging a broad community of professionals, organizations, technologists, researchers, and influencers. By fostering conversations and collaborations, PTC is setting the stage for the deployment and growth of Information and communication technology (ICT) globally.
PTC is currently focusing on digital transformation, needing tools that integrate seamlessly with their current workflows. They are committed to promoting a diverse and inclusive culture, which may pose challenges in the innovative technology landscape. As they adopt new technology, the skills gap among the workforce poses a formidable challenge, and they need to maintain a commitment to environment-friendly practices. As they deliver new technology, ensuring customer satisfaction and successful integration may emerge as a potential pain point.
Implement an aggressive outreach strategy aimed at alleviating the identified pain points to achieve the following objectives: