PTC (software company)

PTC Inc.
FormerlyParametric Technology Corporation
Company typePublic
IndustryCAD/CAM/CAE/ PLM Software/ ALM/ SLM/ IOT
FoundedMay 1985 (1985-05)
HeadquartersBoston, Massachusetts, United States
Key people
  • Michael DiTullio (President & COO)
  • Neil Barua (CEO)
Products
RevenueIncrease US$2.10 billion (2023)
Increase US$458 million (2023)
Decrease US$246 million (2023)
Total assetsIncrease US$6.29 billion (2023)
Total equityIncrease US$2.68 billion (2023)
Number of employees
7,231 (2023)
Websiteptc.com
Footnotes / references
Financials as of September 30, 2023.[1]

PTC Inc. (formerly Parametric Technology Corporation) is a computer software and services company founded in 1985 and headquartered in Boston, Massachusetts. The company was a pioneer in parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for Product Lifecycle Management (PLM) in 1998. PTC (NASDAQ: PTC) markets products and services and an Internet of Things (IoT) and augmented reality (AR) platform for partners and developers.

  1. ^ "2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 20 November 2023.

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