PTC Announces Expansion of Arena PLM Business in Europe to Meet Growing Demand for SaaS Solutions
Boston, MA, September 16, 2021 – PTC (NASDAQ: PTC) announced today that Arena, a PTC Business, is expanding its product footprint and adding staff in Europe to meet the growing demand for its industry-leading Arena® SaaS product lifecycle management (PLM) and quality management system (QMS) solutions.
Following the PTC acquisition of Arena earlier this year, the Arena PLM business has experienced rapid growth. With over 140 customers across Europe, Arena enables customers to gain a competitive advantage by building better products faster with a best-in-class cloud PLM platform.
To better support the growing adoption of SaaS solutions, Arena now offers EMEA customers cloud-based software systems hosted in Europe. The application will be localized in several languages starting with German by the end of the calendar year. Increased sales, marketing, and services staffing in EMEA will fuel expansion plans to better support Arena international customers.
“The decision to expand our presence internationally – starting in Europe – marks a milestone moment for Arena, as we introduce our world-class product to new audiences,” said Mike DiTullio, EVP and President of the PTC SaaS Business Unit. “Europe has diverse and fast-growing companies that are accelerating innovation by leveraging SaaS solutions to drive digital transformation. Arena cloud-based solutions enable customers to [remove barriers to] streamline product development and collaboration with globally dispersed supply chains.”
Since its acquisition in January, Arena has enabled PTC to further demonstrate the benefits of SaaS for product development. Companies must be prepared to design and innovate across multiple geographies and time zones. In this new era of remote work and collaboration, the Arena SaaS PLM and QMS solutions enable today’s manufacturers to get better products to market faster.
“Arena has been a key part of our new product development and introduction strategy for many years. We are excited to see increased investment and focus in EMEA and look forward to continued innovation as Arena works to better serve customers across Europe,” said Richard Rushton, Quality, Environment, Health & Safety Manager at Filtronic. “Working with the local customer success and support teams will enable us to better leverage our investment and deployment of Arena.”
With Arena product development solutions, companies across high-tech, life sciences, and industrial verticals can bring dispersed teams and supply chains together and eliminate traditional silos to better control product, quality, and commercialization processes.
About PTC (NASDAQ: PTC)
PTC enables global manufacturers to realize double-digit impact with software solutions that enable them to accelerate product and service innovation, improve operational efficiency, and increase workforce productivity. In combination with an extensive partner network, PTC provides customers flexibility in how its technology can be deployed to drive digital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, we don’t just imagine a better world, we enable it.
PTC and Arena are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.
Corporate Communications Director, EMEA