NEEDHAM, Mass. – March 12, 2018 –– PTC (NASDAQ: PTC) today announced that technical athletic apparel company lululemon has upgraded to the latest version of PTC FlexPLM® retail software.
The upgrade delivers greater functionality and an improved user experience and enables further process efficiencies.
PTC FlexPLM offers comprehensive retail PLM capabilities, including line planning, specification management, merchandising, and other essential PLM capabilities for managing a retailer's complete assortment of products. Designed for retail's precise needs, PTC FlexPLM enables companies to achieve faster time-to-value and to develop more innovative products more quickly.
"We are thrilled to continue our long-standing collaboration with lululemon. At PTC, we understand that retail has become increasingly digital. To compete, retailers and brand owners need to transform their traditional processes in order to capitalize on new opportunities," said Eric Symon, general manager, retail, PTC.
The announcement of a customer’s selection of PTC software is not necessarily indicative of the timing of recognition of related revenue or the amount of revenue for any particular period or that any related applicable implementation and deployment activities are complete.
PTC helps companies around the world reinvent the way they design, manufacture, operate, and service things in and for a smart, connected world. In 1986 we revolutionized digital 3D design, and in 1998 were first to market with Internet-based product lifecycle management. Today, our leading industrial innovation platform and field-proven solutions enable you to unlock value at the convergence of the physical and digital worlds. With PTC, manufacturers and an ecosystem of partners and developers can capitalize on the promise of the Internet of Things and augmented reality technology today and drive the future of innovation.
The announcement of a customer's selection or deployment of PTC software is not necessarily indicative of the timing or amount of revenue therefrom or of PTC's overall revenue for any particular period.
PTC, FlexPLM, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.