PTC (Nasdaq: PTC) and GE Intelligent Platforms (NYSE: GE) today announced an acceleration in their joint effort to bring to market a solution that helps manufacturers close the loop between product design and production execution on the shop floor. Beginning immediately, GE will resell the PTC Manufacturing Process Management software in combination with GE’s manufacturing execution system (MES) software. While manufacturing information can be passed directly from the PTC Windchill® solution to the GE Proficy for Manufacturing Discrete product today, the companies expect to deliver an expanded closed-loop integrated solution in 2014.
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GE and PTC Expand Collaboration with Reseller Agreement, Joint Product Development, Sales and Marketing Activities
1. GE and PTC Expand Collaboration with Reseller Agreement, Joint
Product Development, Sales and Marketing Activities
Companies to DeliverIntegrated PLM-MES Solution
NEEDHAM, MA and CHARLOTTESVILLE, VA – December 5, 2013–PTC(Nasdaq: PTC) andGE
Intelligent Platforms(NYSE: GE) today announced an acceleration in their joint effort to bring to
market a solution thathelps manufacturers close the loop between product design and
production execution on the shop floor.Beginning immediately, GE will resellthe PTC
Manufacturing Process Management software in combination with GE’s manufacturing
execution system (MES) software. While manufacturing information can be passed directly
from the PTC Windchill® solution to the GE Proficy for Manufacturing Discrete product today,
the companies expect to deliver an expanded closed-loop integrated solution in 2014.
PTC and GE share a common vision of an “Industrial Internet” where the future of
manufacturing is transformed by the surge of smart, connected products.As a result, the two
companies kicked off a series of joint sales, marketing, services, support, and product
development initiatives designed to collaboratively meet this fast-growing market demand.
GE and PTC are integrating offerings that are based on industry best practices for product
lifecycle management (PLM) and MES business processes. The joint solutionwillmanage a
closed loop of product information among engineering, manufacturing production and service.
Product structures and 3D product representations defined by engineering become the basis
for manufacturing routings and manufacturing bills of materials (mBOMs) which are then used
to manage shop floor activity and coordinate with ERP systems. Shop floor information, such as
the “as-built” BOM, can also be shared with PLM and ERP systems to complete the closed loop
with engineering. The complete view of a finished product can also be shared with a company’s
service organization to optimize service delivery and performance.Customers of the integrated
offering could achieve faster time to deployment and lowertotal cost of ownership.
“Manufacturers place a premium on their ability to introduce products faster, keep production
costs low, and keep product quality high,” said Jim Walsh, general manager, Software and
Services, GE Intelligent Platforms. “Essential to meeting these goals is ensuring that products
are built precisely as they were designed. PTC’s PLM solution is the best complement to our GE
2. Proficy solution and our organization is energized by the opportunity to offer a truly
differentiated solution to solve one of our customers’ most significant challenges.”
The “Industrial Internet” rapidly increases the complexity of creating ever smarter, connected
products. By closing the loop between early-stage engineering design activities, production
processes on the plant floor and the service organization, manufacturers can reduce errors,
increase flexibility in how they manage late-stage engineering changes, reduce work-in-process,
and, ultimately, accelerate new product introductions.
“The seamless flow of information across a discrete manufacturing organization, from design to
manufacturing to service, is the dream of all executives,” said Jim Heppelmann, president and
CEO, PTC. “That dream becomes a reality with the GE-PTC solution and we are excited to be
deepening our relationship with GE to address a real market need.”
Additional Resources
GE Proficy for Discrete Manufacturing
PTC Manufacturing Process Management Solutions
About PTC
PTC (Nasdaq: PTC) enables manufacturers to achieve sustained product and service advantage.
The company's technology solutions transform the way products are created and serviced
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.
About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on
the toughest challenges. Finding solutions in energy, health and home, transportation and
finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.
For more information, visit the company's website at www.ge.com.
3. Forward Looking Statements and Risks
Statements in this press release about the expected combination of the solutions, including any
features or functionality or the timing thereof, are forward-looking statements and actual
results may differ materially as a result of changes or delays in the integration of the solutions.
PTC, Windchill and the PTC logo are trademarks or registered trademarks of PTC Inc. or its
subsidiaries in the United States and in other countries.
Contacts
PTC
Beth Ambaruch
952.435.5058
bambaruch@ptc.com
GE Intelligent Platforms
Elli Holman
508.698.7456
Elli.Holman@ge.com
WeberShandwick for PTC
Anand Savani
617.520.7290
asavani@webershandwick.com
Lois Paul & Partners for GE
Lucie Mann
617.986.5863
Lucie_mann@lpp.com