PTC Extends PLM Leadership with Otis Elevators’ Switch to Windchill®

Support for CAD Management, Change Management and Manufacturing Process Management Drive Decision for PTC® Windchill Standardization.

NEEDHAM, MA - PTC® (Nasdaq: PMTC), The Product Development Company®, today announced that Otis Elevator Company, the world’s leading manufacturer and maintainer of people-moving products including elevators, escalators and moving walkways, has made a strategic decision to switch from Siemens Teamcenter® Enterprise PLM system to PTC Windchill. Otis is standardizing on Windchill as its global content and process management solution for its PLM initiatives to improve design and manufacturing efficiencies that accelerate time to market of new products.

“Otis needed a PLM system that would give all our product stakeholders the ability to access, work on and share the most updated information on our extensive product lines,” said Tom Saxe, vice president worldwide engineering, Otis Elevator Company. “Windchill provides the flexibility and broad capabilities we need to manage heterogeneous CAD data, improve concurrent engineering worldwide and streamline data delivery to our manufacturing sites in a global development environment.”

"Otis is a recognized industry leader and a strategically important account for PTC. Its selection of Windchill as the backbone of its enterprise PLM system further underscores PTC's technology leadership position in product development," said James E. Heppelmann, president and chief operating officer, PTC. "We look forward to working with Otis to support innovation, drive efficiencies throughout their product development processes and ultimately increase their competitive advantage."