The industrial manufacturing sector segments
Industrial components
Machinery and tooling
Heavy equipment
How is the industrials sector evolving?
The industrials sector is evolving rapidly to meet changing customer expectations, manage rising operational costs, and address increasing competitive pressures. Companies are accelerating the adoption of digital solutions, system modernization, and industrial manufacturing solutions and embracing new business models to drive new revenue streams.
Industrial manufacturers are increasingly embracing a connected product lifecycle to support their digital transformation efforts. Approaches like results-oriented models reflect this shift—moving beyond traditional product sales to delivering ongoing value across engineering, manufacturing, and aftermarket services, thereby enabling greater innovation and transformation.
Internal pain points that are impacting the industrial manufacturing industry
Old infrastructure and siloed data
Industrial manufacturers face the challenge of designing and delivering precise, highly variable product configurations at speed, repeatedly. Outdated infrastructure or inadequate solutions can hinder this process, leading to delays, higher costs from quality issues, and increased risks of compliance or product errors.
Poor-cross functional collaboration and coordination
Outdated infrastructure and siloed data hinder an industrial company’s ability to collaborate and coordinate across teams. Poorly managed or inaccurate product data can undermine digital solutions, leading to production delays, costly errors, and time-consuming redesigns.
Labor intensive processes
In a world of disconnected systems and poorly managed data, maintaining accurate, up-to-date product information becomes a labor-intensive task. This inefficiency slows down design, production, and quality checks, driving up costs and delaying progress.
Real-world results for industrial machinery components companies
PTC’s solutions are helping leading companies get ahead of the competition.
How can PTC benefit industrial organizations?
Maximize revenue growth
Monetize your installed base and boost workforce productivity by expanding aftermarket services like maintenance, field support, and digital offerings. Servitization helps industrial manufacturers unlock new revenue, reduce lead times, and deliver greater customer value.
Reduce costs
Improve profitability and gain a competitive edge with solutions that help lower costs of goods sold and warranty to optimize service execution.
Increase operational efficiency
Increase efficiency across the value chain from factory and field service asset efficiency to engineering productivity.
Application lifecycle management
Collaborate across disciplines more efficiently to build better software faster, reducing cost and time to market.
Computer-aided design
Design, develop, and document innovative products with parametric modeling, generative design, and simulation and analysis tools.
Industrial connectivity
Securely and seamlessly access the OT data you need to automate processes and maximize efficiency with enterprise industrial connectivity.
Product lifecycle management
Securely provide teams across the organization with timely product data that is managed with data governance and traceability processes.
Service lifecycle management
Deliver customer outcomes with the effective management of all service touch points across the product lifecycle with field service execution, service parts optimization, service information delivery, and more.
