PTC Named a Leader by ABI’s 2023 MCAD SaaS for Large Enterprises & Manufacturing at Scale Assessment
We are thrilled to announce that PTC earned Leader placement in ABI Research’s MCAD SaaS for Large Enterprises & Manufacturing at Scale competitive assessment. ABI’s detailed study assessed and compared eight CAD providers to offer an unbiased assessment and ranking. Creo notably scored #1 in Innovation.
ABI’s report assessed CAD providers in two criteria categories: Innovation and Implementation. PTC received the highest scores amongst all vendors in the Innovation category.
Creo consistently outpaces the market by expanding its loyal installation base and showcasing a strategic vision that demonstrates PTC’s commitment to CAD product innovation and customer excellence.
“Our team is very excited to see Creo honored as Top Innovator, especially given the strength of the field," said Brian Thompson, PTC’s Divisional General Manager of Creo. "We believe to our core that robustly connecting everything in the design process creates exactly the CAD tool that companies need—not only for world-class product development but for digital transformation across the enterprise. Creo is essential to that digital thread. We can’t wait for what’s next.”
James Iversen, the authoring analyst of ABI’s report, notes that “PTC leads in innovation with Creo and Creo+ due to both software offering the best service for integrated functions such as a fully-fledged CAx model, embedded computer-aided additions, and extended functionality in the form of cloud usage, generative design, and AR/VR viewing... Creo and Creo+, are the overall strongest offerings for industrial-scale manufacturers.”
About PTC Creo
From the earliest phases of product design to manufacturing and beyond, Creo uses a model-based approach with the most innovative tools to help designers build better products faster. Available via subscription or SaaS, thousands of leading manufacturers worldwide use Creo’s powerful, proven functionality and transformative new technologies like generative design, real-time simulation, advanced manufacturing, IIoT and augmented reality, to quickly turn their ideas into reality.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.
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For inquiries about this report, please reach out to Coray Thibaut de Maisieres, who leads Analyst Relations at PTC.
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