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PTC President and CEO Jim Heppelmann charts the path forward during LiveWorx 2020.
DIGITAL SOLUTIONS FOR REAL-WORLD BUSINESS CHALLENGES
The world is seeing major global shifts to what it means to safely and productively conduct business. As a result, it’s more important than ever to reduce operational costs, maximize revenue growth, and increase efficiency in streamlined and effective ways.
At PTC, we have more than 30 years of experience helping our customers solve key business challenges to achieve their goals with digital solutions in real-world applications. Find your path to faster success.
Improve Efficiency
Increase efficiency across service, manufacturing, and engineering by improving technician productivity, asset efficiency, and design optimization. See how you can increase OEE up to 50%, improve operator productivity up to 60%, and decrease unplanned downtime up to 30% to ensure every process in the value chain streamlined, scalable, and effective.
Asset Efficiency
Improve your capacity utilization and eliminate unplanned downtime—while reducing changeover times and WIP inventory.
Technician Productivity
Improve your service organization's most important metrics: first-time fix rate and mean time to repair. Explore tools for technician efficiency, including remote condition monitoring, predictive analytics, and augmented expert guidance.
Design Optimization
Ensure the products you create cost less to produce and are more reliable by validating designs against both market requirements and real-world conditions and stresses.
Lost Time Incidents
Make lost time incidents—and lost time injuries—a thing of the past. Protect employees with procedural guidance and compliance checkpoints.
Maximize Revenue Growth
Unlock opportunities that support new revenue streams by getting new products to market up to 90% faster with integrated data, processes, people, and technology across your organization. Maximize revenue growth and increase factory output up to 30% by cutting time to market, lot sizes, and lead times.
New Business Models
Power new revenuge growth by enabling your organization to introduce new products faster, optimize your existing offerings, and address emerging market needs with new business models. Give your customers new reasons to buy from you by monetizing products and services.
On-time Delivery
Ensure customer orders are on time, every time. Explore solutions for real-time operational insights, asset monitoring, and digital and augmented work instructions.
Customer Lifetime Value
See how digital service tools can empower you to become a partner in your customers' success by helping them boost efficiency and minimize downtime. Optimize your service offerings to build customer lifetime value and increase revenue.
Throughput
Maximize the throughput of your operations by optimizing your asset efficiency, uptime, and utilization. Increase overall equipment effectiveness (OEE) with our digital manufacturing solutions.
Service Revenue
Boost your service profitability by up to 50% by delivering more proactive, efficient service cenetered around maximizing uptime for your customers. Increase your revenue growth by introducing new Product as a Service and servitization models into your offerings.
Takt Time
Drive speed and agility on the plant floor by reducing your lead, cycle, and takt times with asset and production monitoring.
Upskilling
Ensure your workforce is ready for the challenges of today—and tomorrow. Accelerate your onboarding and training processes with digital and augmented work instructions to maximize manufacturing flexibility, improve workforce productivity, and stay competitive.
Mass Customization
Embrace mass customization and personalization to help you drive revenue and shorten sales cycles by better meeting the needs of your customers. Empower your organization to better meet customer needs and support a complex product portfolio from factory to field.
Sustainable Competitive Advantage
Future-proof your business by creating a sustainable competitive advantage built with supreme workforce efficiency and industry-leading products and services. Empower every step of the value chain to reach new levels of agility, flexibility, and scalability.
Reduce Operational Costs
Reduce operational costs by up to 12% across the value chain through real-time monitoring and connected analytics solutions. See how you can cut your costs for labor, compliance, materials, truck rolls, and overhead to improve first-time fix rate and operator productivity while lowering scrap and rework, cost of quality, and technician on-site time.
Labor Costs
Lower both direct and indirect labor costs across your operations while improving workforce productivity and advancing safety initiatives. Empower your workforce with enhanced training, expert knowledge capture and transfer, and standard operating procedures.
Materials Costs
Reduce scrap and rework and better manage overall materials costs with real-time asset monitoring and quality assurance.
Overhead Costs
Keep your manufacturing overhead low with asset health monitoring, operational performance management, and predictive maintenance.
Compliance Costs
Keep compliance costs low by ensuring your employees are trained and safe with industrial augmented reality-enabled work instructions.
Truck Rolls
Prevent unnecessary trucks rolls and blind dispatches to cut field service costs. See how remote monitoring, predictive service, and service parts management help to control costs without compromising service excellence.
Technologies to Achieve Your Business Initiatives
Increasing revenue, improving efficiency, reducing cost—these are all accomplished by implementing innovative technology that’s purpose-built to solve the challenges holding your organization back.
Our technology helps industrial companies across the value chain to achieve impressive results for themselves, their customers, and the world. See why we’re consistently ranked as a leader for our proven technologies.
Case Studies
Explore customer stories from real-world businesses in industries just like yours to see how they're accelerating time to value, improving efficiency, maximizing revenue growth, and reducing operational costs.
Blogs, News, and Events
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Key Digital Thread Technologies That Benefit Products, Processes, and People
Industrial organizations are leveraging digital thread technologies for product differentiation, process efficiencies, and people productivity. Read this blog to find out which specific technologies they are using.
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7 Tenets of an Effective Digital Transformation Strategy
A strong digital transformation strategy is the foundation for success in a competitive global market. Learn the 7 steps necessary to create and execute an effective DX strategy.
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