Jan 17, 2018   SOURCE: BusinessWire

World Leading Premium Automobile Manufacturer Selects PTC PLM Solution and ThingWorx Navigate

PTC (NASDAQ: PTC) today announced the BMW Group has selected the PTC Windchill® solution as its PLM backbone for production and sourcing bill-of-material (BOM). Windchill will be the enabler for globally configuring and releasing cars to production. The award-winning PLM solution will support BMW Group in improving efficiency and achieving a leaner global production planning process. In addition, BMW Group has selected the ThingWorx® Navigate™ role-based solution for fast and easy ecosystem access to product data. Both solutions are being obtained through the subscription licensing model.

BMW Group will leverage robust Windchill capabilities in configuring large and complex vehicle structure data to achieve its goal of producing vehicles at mass scale globally, while retaining greater flexibility and higher quality. ThingWorx Navigate supports concurrent production planning, enabling BMW Group to shorten overall time to market.

Windchill is a robust, end-to-end PLM solution that integrates core PLM functionality with the ThingWorx Industrial Innovation Platform from PTC and the ThingWorx Navigate role-based applications. ThingWorx Navigate enables organizations to dramatically increase productivity and collaboration by radically simplifying data access. It enables users to access accurate product data without complex user experience. ThingWorx Navigate supports concurrent production planning, enabling users to shorten the product development cycle and overall time to market.

“We are pleased that BMW Group has selected Windchill and ThingWorx Navigate to support its digitization journey,” said Jim Heppelmann, president and CEO, PTC. “We take pride in helping BMW Group to improve efficiency in the planning and production of their world-class vehicles.”

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About PTC (NASDAQ: PTC)
PTC helps companies around the world reinvent the way they design, manufacture, operate, and service things in and for a smart, connected world. In 1986 we revolutionized digital 3D design, and in 1998 were first to market with Internet-based product lifecycle management. Today, our leading industrial innovation platform and field-proven solutions enable you to unlock value at the convergence of the physical and digital worlds. With PTC, manufacturers and an ecosystem of partners and developers can capitalize on the promise of the Internet of Things and augmented reality technology today and drive the future of innovation.

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

The announcement of a customer’s selection of PTC software is not necessarily indicative of the timing of recognition of related revenue or the amount of revenue for any particular period or that any related applicable implementation and deployment activities are complete.