Friday, September 3, 2010

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Product Lifecycle Management News
PTC Adds Cummins, Raytheon and Volvo Group to Customer Roster
Manufacturers tap Windchill product lifecycle management software to drive global product development processes

IBM CIO Pat Toole comments on a global study of more than 2,500 Chief Information Officers in this IBM video posted September 08, 2009.



Needham, MA — January 29, 2010 — Product lifecycle management specialist PTC announced several major customer wins this week, adding Cummins, Raytheon and Volvo Group to its customer roster.

Cummins has selected Windchill, PTC's PLM software, as its global enterprise PLM system. The engine supplier is looking to the product development system to help streamline and accelerate its key development and product introduction processes, as well as advance its global productivity.

The PTC deployment replaces the legacy PLM system that Cummins had been using.

"Cummins has made the concept of 'Design Anywhere, Build Anywhere' a cornerstone of its business initiatives and commitment to customers," said Chris MacAslan, director for global PLM at Cummins. "In switching to Windchill, we are looking to optimize accessibility throughout all functional areas of our PLM environment. In particular, the Windchill solution will allow us to best achieve our compliance and productivity goals and successfully extend our competitive advantage."

Elsewhere, Raytheon, the global aerospace and defense company, has placed a significant order to standardize on PTC's Windchill PLM software across the company as the cornerstone of its global product development management strategy.

Raytheon selected Windchill to replace its enterprise product data management system. PTC said that Windchill would enable Raytheon to create a common global collaborative environment for product design, development and production in support of its own 'design anywhere, build anywhere, support anywhere' business initiative.

"The use of a single enterprise-wide PLM backbone will enable the company to more effectively harness the power of its worldwide organization in order to quickly deliver these critical new products to the market," PTC said in its announcement of the deal.

"Organizations with a large global presence realize the importance of having a single, integral PLM platform for product development," said James E. Heppelmann, president and chief operating officer at PTC.

Windchill can help standardize common product development processes including change and configuration management, streamline product data and workflows, and provide immediate access to product information across the organization, the solution provider said. Additionally, Windchill provides advanced search capabilities to support data reuse that can help drive a more streamlined product development process.

Finally, Volvo Group has signed an agreement moving PTC from a directional decision to a firm strategic decision to use Windchill for its strategic Virtual Product Data Management (VPDM) program, following a validation process to demonstrate the value of the Windchill software and PTC's capability to execute as an organization.

"We are excited to begin the next phase of what we expect will be a multi-year relationship with Volvo Group," said Heppelmann. "Volvo has very sophisticated product development requirements: they operate in a fast-paced, global environment; they work with multiple, heterogeneous sources of data; they develop complex products, which are in many cases highly customized and have significant life cycles."