The Impact of PTC’s Acquisitions and Partner Strategy on Product Development

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By Ryan Martin | 3Q 2021 | IN-6258

 

Busy In the Strategy Office

NEWS


Since the $112 million acquisition of ThingWorx in 2013, PTC has spent more than US$2 billion on acquisitions and strategic partnerships. These activities have solidified PTC’s place as an IIoT software powerhouse when it comes to digital transformation. This Insight analyzes PTC’s recent acquisitions and partner activities over the last 24 months in the context of its product development and GTM to inform how the industrial software leader’s product portfolio will evolve.

How Products Will Change

IMPACT


In October 2019, PTC acquired Onshape (see IN-5645), a Software-as-a-Service (SaaS)-native product development platform,...

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