New Vuforia Instruct Offering to Streamline Creation of 3D CAD-Based Work Instructions

Rhea-AI Summary

On May 27, 2021, PTC (NASDAQ: PTC) announced the launch of Vuforia Instruct, a new Software as a Service (SaaS) offering integrated with the Vuforia Enterprise AR Suite. This innovative tool allows manufacturers to create and scale interactive AR work instructions using 3D CAD data. Approximately 67% of manufacturers still use outdated paper processes, leading to inefficiencies and quality issues. Vuforia Instruct aims to enhance productivity, quality, and reduce downtime by providing real-time inspection feedback and contextual guidance for front-line workers.

Positive

• Launch of Vuforia Instruct to enhance productivity and quality.
• Ability to convert 3D CAD data into interactive AR instructions.
• Addresses inefficiencies in current manual inspection processes.

Negative

• None.

BOSTON, May 27, 2021 /PRNewswire/ -- From the stage of the Vuforia® Live Virtual Event, PTC (NASDAQ: PTC) today announced the release of the new Vuforia Instruct™ out-of-the-box offering from the Vuforia Enterprise Augmented Reality (AR) Suite.

The Software as a Service (SaaS)-based offering, available on the PTC Atlas™ platform, empowers original equipment manufacturers to extend the value of the digital thread all the way to their front-line workers. With Vuforia Instruct, enterprises can leverage 3D CAD data to easily create, deliver, and scale interactive AR work instructions, enabling them to optimize inspections for Quality and Field Maintenance use cases.

"We are thrilled to be working with PTC and Rockwell Automation to bring AR to our customers, and see tremendous opportunity to use 3D work instructions to address critical inspection steps within our maintenance, repair, and sanitation processes on our packaging equipment," said Alexander Ouellet, Innovation Engineer, Harpak-ULMA Packaging. "The enhanced work instructions created with Vuforia Instruct enable us to upskill our customers' employees, and even our own technical staff, on intricate procedures in mission critical environments. AR technologies will help our customers reap significant productivity gains by enabling them to improve the accuracy and timeliness of complex, manual processes."

Approximately 67% of manufacturers are still utilizing manual paper processes for inspections. These existing methods are often error-filled, difficult to transcribe, and costly – ultimately becoming barriers to continuous improvement. Such inefficiencies can result in poor product quality or experiences, cost millions of dollars per year, and lead to loss of brand reputation, market position, customer satisfaction, and revenue. Vuforia Instruct enables companies to eliminate reliance on paper forms by delivering contextual visual guidance and references to front-line workers with built-in, real-time inspection feedback to capture critical insights.

"Vuforia Instruct enables organizations to transform the way they create and scale work instructions to their front-line employees," said Michael Campbell, Executive Vice President and General Manager, Augmented Reality Products, PTC. "Leveraging existing 3D CAD data, organizations can now guide employees to exactly where work needs to be done and provide them with detailed instructions for critical inspection procedures in context. Such enhancements are critical to industrial organizations looking to increase productivity, improve quality, and reduce unplanned downtime."

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.

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Media Contacts
PTC
Corporate Communications
Gabrielle Farrell
gfarrell@ptc.com

Harpak-ULMA Packaging
Mary Ahlfeld
Marketing Director
maryahlfeld@harpak-ulma.com

PTC, Vuforia, Vuforia Instruct, PTC Atlas, and the PTC logo are trademarks or registered trademarks of PTC Inc. and/or its subsidiaries in the United States and other countries.

 

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SOURCE PTC Inc.

FAQ

What is Vuforia Instruct by PTC?

Vuforia Instruct is a new SaaS offering that enables manufacturers to create interactive AR work instructions using 3D CAD data.

How does Vuforia Instruct improve manufacturing processes?

It streamlines the creation of work instructions, reduces reliance on manual paper processes, and enhances inspection quality.

When was Vuforia Instruct announced?

Vuforia Instruct was announced on May 27, 2021.

What problem does Vuforia Instruct aim to solve?

It addresses the inefficiencies and errors in current manual inspection processes used by approximately 67% of manufacturers.

What is the significance of the launch of Vuforia Instruct for PTC investors?

The launch signifies PTC's commitment to driving digital transformation in manufacturing, which may enhance productivity and potentially lead to revenue growth.