Okay. So I get to take you through Windchill 11 which, as Jim said, we’re really, really excited about and optimistic that it’s going to add some value to our customers.
But before I get there, I just want to give you a sense of how we see things happening.
On this doorstep of IoT, our customers who make things have an unprecedented opportunity to add value to their customers. At the same time what it is doing, it is making their world a little bit more complex. Now their products are going to exist on the product itself, may exist in the cloud, may exist in the app that someone has on their phone.
So all of a sudden this idea of product development becomes more interesting and more complex, and the value that they can drive with customers are multiplied by that complexity.
And so for us, we needed to think about how our customers now have to take a fresh look at product development, and so from our standpoint, we had to take a fresh look at PLM. And when we thought about a fresh look at PLM, we thought about these four dimensions. This idea of smart, connected, complete and flexible. Let me take you through each one of those.
So first, smart. There's no question that we’re doing a lot of things in the area of smart, but the big breakthrough here for us is this idea of role-based apps. What we’ve done is we've taken this ThingWorx technology that Jim talked about and we've embedded it in PLM in this way where we can make role-based apps that are breakthrough, really, at least in three areas.
First, we can now offer a user experience to occasional and not everyday users that's more intuitive. They can find information inside of Windchill, so they can use it. So it’s unlocking the power of the investment that these companies have made, sometimes over years and years and years.
Secondly, since it's made with the ThingWorx technology, it is already connected. It's already part of the IoT. These role-based apps are mash-up ready, so you can mash it up with data from other systems or from equipment itself.
And then the third breakthrough here is we now can offer new user experiences on top of Windchill without ever having to upgrade the backend system. In fact, although we’re introducing the Navigate apps with Windchill 11, they can be used on releases as early as 10.1 M40, so it’s really, really interesting.
So in the area of smart, we've made some improvements there.
Jim talked about the improvements in search that we’ve made and because search is so important, it's going to become more integral to the product as we move forward. And of course, as people search for new information it's important that we allow our customers to keep their IP protected, so we've improved our IP protection as well.
In the area of connected, there's no question that this is probably the most important dimension that we’ve made breakthroughs with Windchill in this release. The one I'll point to here is connected quality.
So we've embedded a ThingWorx extension inside of our quality solution that now enables quality engineers and any engineer inside of our customers to now make quality a central part of the product development process. They can mash up quality data with PLM data, with SAP data, with ERP, with MES, and even with data that's coming off the machine, so they can improve the quality of the product that’s in the field or improve the quality of the next iteration of that product.
In addition, in the area of connected, we’ve made Windchill a smart, connected product.
So with Windchill Performance Advisor, Windchill can now be serviced remotely by our technical support engineer, so it's very, very important, big breakthrough for us, and we’ll continue to improve the functionality of the Windchill Performance Advisor.
Next in the area of complete, if you know PTC, you know this is our strength. We've improved the core of Windchill.
We've improved this ability to take engineering data or CAD data, turn it into engineering Bill of Materials data, turn that into manufacturing data, turn that into service data by improving the performance and usability of the core of our Bill of Materials change and configuration management.
In addition, of course, we’ve kept up with all of the breakthroughs of Creo 3.0 and so much more. We’ve made tons and tons of improvements in the core of Windchill to help our customers move from CAD data management through engineering Bill of Materials management to really extended PLM to enable their expert users to create more sophisticated implementations of PLM that drive more value inside of their corporation.
And then finally, flexible.
We've done a lot of work with our cloud services team as well as in the product itself to make it easier to administer, easier to install, easier to upgrade, easier to integrate, easier to use and we've improved the flexibility by also adding flexible ways to buy the technology with subscription offerings, and we also have introduced for our entire customer base this ability now to use Windchill on SaaS.
So with that, the impact of version 11 is we have 1.5 million seats of active PLM in the marketplace, 17,000 of the best customers that anybody could wish for and we intend on letting these 17,000 customers really capitalize and win in the area of IoT.
So just to wrap up, Windchill 11, it’s smart, it's connected, it’s complete and it’s flexible and it represents a fresh look at PLM.