PTC INC.

PTC is a global software company based in Boston, Massachusetts, employing over 7,000 people and serving more than 30,000 customers worldwide. The company primarily serves customers in the Industrials; Federal, Aerospace and Defense; Electronics and High Tech; Automotive; and Medical Technology and Life Sciences industry verticals. PTC's software offerings help customers improve competitiveness and manage increasing product complexity, supporting their digital transformation initiatives. The company enables the Intelligent Product Lifecycle by establishing a product data foundation in engineering and making that data accessible across the enterprise. This drives cross-functional collaboration, accelerates new product introduction timelines, and delivers higher product quality. Customers use this data to ensure quality, consistency, and traceability, breaking down silos and streamlining workflows, including AI-driven transformation. PTC operates on a subscription model, with 95% of its 2025 revenue being recurring. This model fosters higher customer engagement and retention, provides business predictability, and supports sustained investments for customer support and growth opportunities. PTC's principal products and services include PLM software products for product data management and process orchestration. Its Windchill® PLM application suite manages all aspects of the product development lifecycle, from concept through service and end-of-life, providing real-time information sharing, dynamic data visualization, and collaboration for geographically distributed teams.