PTC Wins Strategic Windchill Contract with Volvo Group

Volvo Group completes exhaustive validation of their directional decision to confirm PTC and is set to further advance its PLM infrastructure.

NEEDHAM, Mass. - PTC, The Product Development Company®, today announced that Volvo Group has signed an agreement moving PTC from a directional decision to a firm strategic decision to use Windchill®, PTC’s PLM (Product Lifecycle Management) software, for Volvo Group’s strategic VPDM (Virtual Product Data Management) program. This firm decision is the result of an exhaustive final validation that clearly demonstrated the value of the Windchill software and PTC´s capability to execute as an organization.

“Volvo has very sophisticated product development requirements: they operate in a fast-paced, global environment; they work with multiple, heterogeneous sources of data; they develop complex products, which are in many cases highly customized and have significant life cycles.”

Volvo Group is one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, and aerospace components and services.

“We are excited to begin the next phase of what we expect will be a multi-year relationship with Volvo Group,” said James E. Heppelmann, president and chief operating officer PTC. “Volvo has very sophisticated product development requirements: they operate in a fast-paced, global environment; they work with multiple, heterogeneous sources of data; they develop complex products, which are in many cases highly customized and have significant life cycles.”