PTC

Purdue Pharma | March 14, 2019

The company that has made billions selling the prescription painkiller OxyContin said Wednesday that it is considering legal options including bankruptcy, a move that could upend hundreds of lawsuits claiming it had a major role in causing the U.S. opioid drug crisis. As the company has stated, it is exploring and preparing for any number of eventualities and options, given the amount of litigation the company currently faces, Purdue Pharma spokesman Robert Josephson said in an email to T...

VentureBeat | July 30, 2019

PTC has been making its augmented reality Vuforia solutions for a while, and today it is announcing a big deal: Chip manufacturing giant GlobalFoundries has selected PTC to provide AR solutions to transform its training for chip manufacturing workers. Santa Clara, California-based GlobalFoundries will deploy AR headsets and software using Boston-based PTC‘s Vuforia software, which can do things like superimpose animations on AR glasses so that a worker can see precisely which valve to turn...

PTC | July 15, 2020

PTC today announced it has been named the Global Manufacturing Partner of the Year, for the second year in a row, in the Microsoft 2020 Partner of the Year Awards. Honored among a global field of top Microsoft partners, PTC has demonstrated excellence in innovation and implementation of customer solutions based on Microsoft technology. “We are pleased to announce that PTC has been recognized by Microsoft as the Global Manufacturing Partner of the Year for the second consecut...

IndustryWeek | January 14, 2020

Nearly three-quarters of manufacturing managers worldwide consider data sharing to improve their operations. In a recent study, the World Economic Forum, in collaboration with Boston Consulting Group, entitled Share to Gain: Unlocking Data Value in Manufacturing, examined the opportunities associated with data sharing in manufacturing and the enablers for building successful data-sharing ecosystems. Although manufacturers are making strides in applying data-driven technologies, most focus on app...