PTC Inc (PTC) formerly Parametric Technology Corporation, is an Internet of Things (IoT) technology company which offers software solutions. The company provides product lifecycle management (PLM), computer-aided design (CAD) modeling, and service lifecycle management (SLM) solutions. It also offers a comprehensive suite of IoT solutions which enable secure connection of smart things, manage and analyze data, and create applications. The company provides Vuforia Augmented Reality (AR) platform, which empowers developers for building AR experiences. PTC offers training services, advisory services, cloud services, learning and adoption optimization services, value ready deployments, and Windchill upgrade services. The company caters to manufacturers to create, operate, and service their products. It has operations in the Americas, Europe, and Asia-Pacific. PTC is headquartered in Needham, Massachusetts, the US.The company reported revenues of (US Dollars) US$1,164 million for the fiscal year ended September 2017 (FY2017), an increase of 2.1% over FY2016. The operating profit of the company was US$40.9 million in FY2017, compared to an operating loss of US$37 million in FY2016. The net profit of the company was US$6.2 million in FY2017, compared to a net loss of US$54.5 million in FY2016.
Company
United States
140 Kendrick St
Y
http://www.ptc.com
