PTC Inc.

PTC Inc. is a US-based global technology company engaged in the supply of software and services to industrial enterprises around the world. The firm has its head office in Boston, Massachusetts, and operates around 80 offices in 30 countries, with more than 6,000 employees worldwide. International locations are spread across Europe, the Middle East, and Asia, with offices in Australia and Brazil as well. The company was founded in 1985. The firm primarily provides technology platforms for smart and connected products, operations, and systems. PTC Inc is involved in computer aided design (CAD), Product Lifecycle Management (PLM), Internet of Things (IoT), and Augmented Reality (AR), providing technologies that transform the way firms engineer, manufacture, and service their products. PTC mainly serves industrial customers, including those in the automotive, technology, aerospace and defence, publishing, and biotechnology industries. The company operates through two segments. The Software Products and Professional Services segment includes licensing, subscription, and software as a service (SaaS), while the Professional Services segment includes consulting, implementation, and training services. The firm is listed on the NASDAQ under the ticker PTC. Add PTC Inc. stock to your watchlist on eToro to start receiving updates on real-time changes in the PTC price chart.