2012 China PLM Market Analysis Report Ranks PTC First in Direct
Revenue for cPDm for Third Consecutive Year
PTC (Nasdaq: PMTC), today announced that it has been ranked a leading
PLM solution provider in China by independent global PLM strategic
management consulting and research firm CIMdata, Inc. For the third year
running, PTC was named the #1 provider in the collaborative Product
Definition management (cPDm) market segment. The research
also showed that PTC
was the #1 provider of PLM solutions for the A&D and High-tech
industries for the third consecutive year.
The recent “2012 China PLM Market Analysis Report” describes the PLM
market in China, which experienced a growth rate of 22.4% in 2011 and is
projected to grow at a rate of 16.1% through 2016, to $1.35 billion. In
terms of PLM spending, A&D is the largest and fastest growing industry
sector in the China PLM market.
“PTC continues to experience success in the China market due to the
strength of its PLM offerings and its ongoing investment in the rapidly
growing Chinese market,” said Peter Bilello, President, CIMdata. “The
China mainstream PLM market has repeatedly outpaced the growth of the
global PLM market as Chinese manufacturers are paying more and more
attention to product innovation and are fast improving their own R&D
capabilities and processes by deploying PLM. PTC has established itself
as a strong presence in the market and is well positioned to take
advantage of market opportunities.”
PTC’s #1 ranking in the cPDm market segment reflects the success of its
Windchill® family of product lifecycle management (PLM)
solutions that enable manufacturers to do more throughout the product
lifecycle, know more about product performance, and get more value from
their PLM investment. The company’s technology solutions help customers
transform the way they create and service products across the entire
product lifecycle – from conception and design to sourcing and service.
“PTC has worked hard to establish a strong foundation in China and we
are excited to be recognized as one of China’s leading PLM solution
providers by CIMdata,” said Robert Kocis, senior divisional vice
president of Asia Pacific Sales and Distribution, PTC. “We are committed
to helping our customers in China solve their product development
challenges and achieve product and service advantage in a highly
competitive market by providing them with superior technology, services
and support.”
CIMdata’s 2012 China PLM Market Analysis Report provides detailed
information and in-depth analysis on the rapidly-evolving Mainstream
Product Lifecycle Management (PLM) market in the People’s Republic of
China (“China”) in calendar year 2011. CIMdata defines the Mainstream
PLM market to include the following segments: mechanical computer-aided
design (MCAD), simulation and analysis (S&A), collaborative Product
Definition management (cPDm), numerical control (NC) and computer-aided
machining (CAM), systems integrators/VARs/resellers, and digital
manufacturing. A joint collaborative effort between CIMdata and
China-based e-works Manufacturing Information Technology Co., Ltd., the
report contains analyses of major PLM trends and issues, leading PLM
solution providers, PLM investments in software and services, PLM
adoption in various industry sectors, and market growth forecasts that
pertain to this important economic region.
Additional Resources
-
PTC’s
Product Information Lifecycle Management (PLM) Resource Center
(web site)
-
CIMdata
2012 Market Analysis Report Series: China PLM Market Analysis Report
(report)
About PTC
PTC (Nasdaq: PMTC) enables manufacturers to achieve sustained product
and service advantage. The company’s technology solutions help customers
transform the way they create and service products across the entire
product lifecycle – from conception and design to sourcing and service.
Founded in 1985, PTC employs over 6,000 professionals serving more than
27,000 businesses in rapidly-evolving, globally distributed
manufacturing industries worldwide. Get more information at www.ptc.com.
Follow us on Twitter
- Watch us on YouTube
- Connect with us on Linked
In - Join our PlanetPTC
Community - Visit us on Facebook
PTC’s revenues or market share in China in prior periods are not
necessarily indicative of revenues or market share in future periods.
PTC and the PTC logo are trademarks or registered trademarks of
Parametric Technology Corporation or its subsidiaries in the United
States and other countries.
