PTC Inc.

PTC Inc.
FormerlyParametric Technology Corporation
Company typePublic
IndustryCAD/CAM/CAE/ PLM Software/ ALM/ SLM/ IOT
FoundedMay 1985 (1985-05)
HeadquartersBoston, Massachusetts, U.S.
Key people
Products
Revenue US$2.30 billion (2024)
US$588 million (2024)
US$376 million (2024)
Total assets US$6.38 billion (2024)
Total equity US$3.21 billion (2024)
Number of employees
7,501 (2024)
Websiteptc.com
Footnotes / references
Financials as of September 30, 2024.

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.