A PLM Industry Leader Receives Highest Recognition Once Again

Delivering best-in-class PLM solutions in a competitive market

A December 2021 report by global consulting firm Quadrant Knowledge Solutions has ranked PTC a leader in PLM. This is the fourth consecutive year PTC has earned the top leadership placement in the SPARK Matrix Product Lifecycle Management (PLM) assessment.

PTC’s PLM software, Windchill, achieved the highest scores in Technology Excellence among PLM vendors. The software companies involved in the study are top performers and technology leaders in the global PLM market, offering a comprehensive technology portfolio.

“PTC is proud to be named a market leader in PLM by Quadrant Knowledge Solutions,” said Mark Lobo, Interim General Manager and VP of Product Management for PLM Segment at PTC. “Our leadership reinforces PTC’s ability to meet the complex needs of industrial enterprises with a best-in-class PLM solution that delivers tangible business outcomes.”

Quadrant’s research study covers a thorough analysis of the global Product Lifecycle Management (PLM) market dynamics, relevant trends, vendor landscape, and competitive positioning. The consulting firm also examined seven of the top PLM vendors in-depth by assessing their products, market presence, and value proposition. 

From a technology standpoint, each vendor was evaluated based on their suite of design, simulation, product data management, innovation, and digital manufacturing solutions. These companies are also leaders in integrating advanced analytics, 3D visualization, machine learning, IoT analytics, additive manufacturing, and augmented reality (AR).

The analysis is based on key research with industry experts, analysis of use cases, and Quadrant’s internal study of the broad PLM market. 

Key technology differentiators 

The breadth and depth of software capabilities varied depending on the offerings. The following are some key differentiators used in the analysis: 

• The sophistication of integrated BOM management
• Model-based enterprise strategy with digital twin and digital thread
• Out-of-the-box applications and functionalities
• Technology integration and interoperability
• Deployment and ownership experience
• PLM analytics
• Ability to provide AR/VR capabilities
• Vendors’ expertise and domain knowledge

Strategic performance assessment and ranking

PTC was evaluated against several parameters of technology excellence and customer impact. 

Evaluation Criteria: