PTC and Arena Named the Outright Leader in ABI Research’s 2024 Enterprise PLM for Large Manufacturing Competitive Matrix Assessment

• PTC was named the outright leading vendor in ABI Research’s 2024 Enterprise PLM for Large Manufacturing Competitive Assessment.
• Arena earned high scores in both assessment categories, Innovation and Implementation, ensuring PTC received the #1 vendor score and matrix placement over competitors such as Siemens, Dassault, and Propel.
• ABI Research’s detailed study assessed and compared 11 PLM providers to offer an unbiased assessment and ranking.

PTC is thrilled to announce that PTC was named the Outright Leader in ABI Research’s 2024 Enterprise PLM for Large Manufacturing Competitive Assessment 

PTC’s PLM portfolio, which includes Arena and Windchill, notably earned high scores in both assessment categories, Innovation and Implementation, helping PTC secure the top vendor scores and matrix placement over competitors such as Siemens, Dassault, and Propel. 

Arena consistently outpaces the market by expanding its loyal installation base and showcasing a strategic vision that exemplifies the company’s unwavering commitment to PLM product innovation and customer excellence.

David Katzman, General Manager of Arena and Onshape, had this reaction: “We’re very excited to see PTC at the top spot as the #1 Leader, especially with the tough competition in this report. Since being acquired by PTC, Arena has seen consistent growth and customer adoption. Arena believes in the power of connecting design and manufacturing processes. With Arena’s real-time collaboration across distributed teams and supply chains, we make it easy for leading companies to deliver innovative products.”

James Iversen, the authoring analyst of ABI Research’s report, notes that “PLM is now viewed as an enterprise-wide business system. As such, the standards for a market-leading PLM system have been elevated. PTC provides a leading portfolio to support those changes. The company continues to execute a winning PLM vision and strategy. The company remains highly committed to innovating their solutions and exploring new ways in which their customers can attain business value using PLM.”

About PTC

PTC is a global software company that enables industrial and manufacturing companies to digitally transform how they engineer, manufacture, and service the physical products that the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 25,000 customers globally. For more information, please visit www.ptc.com.

About Arena

Arena’s cloud-native product lifecycle management (PLM) and quality management system (QMS) solutions revolutionize how companies design, produce, and deliver innovative products. With real-time collaborative processes and an agile approach to product development, we empower dispersed teams and supply chains to accelerate the transformation of digital designs into physical products. For more information, visit Arena.

About ABI Research

ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.