Founded in 1985, Parametric Technology Corporation (PTC) develops, markets, and supports product lifecycle management (PLM) software solutions and offers related services designed to help discrete manufacturers meet the globalization, time-to-market, and operational efficiency objectives of product development. The solutions also help companies comply with industry regulation.
The company's computer-aided design (CAD), content, and process management solutions are used by over 50,000 customers in the industrial, high-tech, aerospace and defense, automotive, consumer, and medical industries. PTC is headquartered in Needham, Massachusetts (US).