PTC Widens Solution Portfolio on Microsoft Azure to Accelerate Customers’ Digital Transformation

Availability of Windchill on Microsoft Azure Cloud Platform Lets
Customers Deploy Quicker, Realize Value Faster

BOSTON–(BUSINESS WIRE)–#DigitalTransformation—PTC
(NASDAQ: PTC) today announced from the sold-out LiveWorx^®
19 digital transformation conference that it has expanded its
strategic alliance with Microsoft by delivering its industry-leading Windchill^®
product lifecycle management (PLM) solution on Microsoft Azure.
Optimizing Windchill with Azure is yet another milestone in the growing
relationship between the two companies.

PLM is the cornerstone of digital transformation, and it enables
manufacturers to understand and leverage their product and enterprise
data, including information from smart, connected products and machines,
to build a digital thread that connects all functions within the value
chain. PTC’s advanced solutions leverage this digital foundation on
Azure to enable customers to drive digital design, product and service
innovation, manufacturing efficiency, service optimization, and
heightened sales and marketing experiences.

“PTC and Microsoft are both trusted leaders in their respective
industries, and today’s announcement extends that value to a wide range
of industrial companies,” said Jeffrey Hojlo, Program Director, Product
Innovation Strategies, IDC. “Windchill on Microsoft Azure enables
customers to gain value from a world-class PLM solution together with
the world’s highest performing cloud infrastructure.”

Through the new software-as-a-service (SaaS) offering of Windchill on
Azure, users can accelerate their evolution from basic product data
management to enterprise PLM with a simplified deployment and upgrade
process. Standard out-of-the-box PLM functionality is configured through
an open architecture to reduce deployment costs and times, as well as
lower total cost of ownership.

“By combining PTC’s industry leading PLM solution with Microsoft‘s
highly secure, global and scalable cloud infrastructure, we share our
expertise as technology leaders and are best positioned to support our
customers as they integrate their augmented reality, digital twin, and
IoT efforts,” said Çağlayan Arkan, Global Lead for Manufacturing and
Resources Industry at Microsoft. “By choosing to partner and empower, we
accelerate value for the entire industry.”

At the heart of the PTC
and Microsoft relationship is the combined technology and expertise
of both companies – dedicated to delivering robust solutions for
industrial environments. Since the initial announcement of the alliance
in 2018, the two have closely collaborated on integrating Azure IoT with
PTC’s ThingWorx^® industrial
internet of things (IIoT) solution platform, which has allowed customers
to create innovative products and improve operations with IoT
connectivity, rich contextualization, business systems orchestration,
and breakthrough user engagement via mixed reality. Most recently, PTC
announced built-in support
for Microsoft HoloLens 2 with its Vuforia^®
product.

Additional Resources

• Read more about the PTC
  and Microsoft Strategic Alliance
• Harvard Business Review: “How
  Smart, Connected Products are Transforming Competition,” authors
  PTC CEO Jim Heppelmann and Harvard Professor Michael Porter

About PTC (NASDAQ: PTC)
PTC unleashes industrial innovation
with award-winning, market-proven solutions that enable companies to
differentiate their products and services, improve operational
excellence, and increase workforce productivity. With PTC, and its
partner ecosystem, manufacturers can capitalize on the promise of
today’s new technology to drive digital transformation.

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PTC, Windchill, ThingWorx, Vuforia, LiveWorx, and the PTC logo are
trademarks or registered trademarks of PTC Inc. or its subsidiaries in
the United States and other countries.

Contacts

Media Contact
PTC
Corporate Communications
Jack
McAvoy
jmcavoy@ptc.com