PTC (software company)

PTC Inc.

Formerly	Parametric Technology Corporation
Company type	Public
Traded as	Nasdaq: PTC S&P 500 component
Industry	CAD/CAM/CAE/ PLM Software/ ALM/ SLM/ IOT
Founded	May 1985; 39 years ago (1985-05)
Headquarters	Boston, Massachusetts, U.S.
Key people	Janice Chaffin (chairwoman) Neil Barua (president, CEO)
Products	PTC Creo PTC Windchill PTC Mathcad PTC Integrity PTC Servigistics PTC Arbortext ThingWorx
Revenue	US$2.30 billion (2024)
Operating income	US$588 million (2024)
Net income	US$376 million (2024)
Total assets	US$6.38 billion (2024)
Total equity	US$3.21 billion (2024)
Number of employees	7,501 (2024)
Website	ptc.com
Footnotes / references Financials as of September 30, 2024[update].[1]

PTC Inc. (formerly Parametric Technology Corporation) is an American 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.