I’ve said many times before that “digital saved the day during COVID.” What I mean by that is knowledge workers (also known as desk workers) like those of us who work from home, can do most everything digitally – leveraging software tools that allow us to maintain business continuity while collaborating effectively. Since the time we made the Onshape acquisition, the world has been flipped upside down. The acquisition of Onshape was demonstrable proof of how deeply PTC cares about our CAD and PLM future and how committed we are to giving our customers the “Power to Create” in the ways that best meet their needs. At PTC, that purpose is core to our business: We use our digital innovation to transform how work gets done. When PTC acquired Onshape, I shared my thoughts on the future of the product development industry: While the CAD and PLM on-premise (on prem) industry will remain strong for many years to come, the CAD and PLM Software as a Service (SaaS) industry will continue to grow exponentially.
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