PTC Announces Strategic Collaboration Agreement with AWS to Help Companies Design Products Faster and Easier with Onshape
PTC (NASDAQ: PTC) has announced a Strategic Collaboration Agreement with Amazon Web Services (AWS) to accelerate the growth of its Onshape cloud-native CAD and PDM solution. The collaboration focuses on advancing product enhancements, customer adoption programs, and AI initiatives. Key priorities include:
1. Onshape Discovery Program: Allowing qualified users to try Onshape Professional for free for up to six months.
2. Onshape AI Advisor: An AI-powered tool to assist users in designing products faster, expected to launch by the end of 2024.
3. CAD and PDM Conversion Tools: Expanding capabilities to simplify switching to Onshape.
4. Onshape Government: A new option complying with ITAR and FedRAMP requirements.
The collaboration aims to get Onshape into more designers' hands, accelerate product enhancements, and showcase AI's role in product development.
PTC (NASDAQ: PTC) ha annunciato un Accordo di Collaborazione Strategica con Amazon Web Services (AWS) per accelerare la crescita della sua soluzione CAD e PDM nativa nel cloud Onshape. La collaborazione si concentra sul miglioramento del prodotto, programmi di adozione da parte dei clienti e iniziative di intelligenza artificiale. Le priorità principali includono:
1. Programma di Scoperta Onshape: Consente agli utenti qualificati di provare Onshape Professional gratuitamente per un massimo di sei mesi.
2. Advisor AI Onshape: Uno strumento basato su intelligenza artificiale per assistere gli utenti nella progettazione di prodotti più rapidamente, previsto per il lancio entro la fine del 2024.
3. Strumenti di Conversione CAD e PDM: Espansione delle capacità per semplificare il passaggio a Onshape.
4. Onshape Government: Una nuova opzione conforme ai requisiti ITAR e FedRAMP.
La collaborazione mira a mettere Onshape nelle mani di un numero maggiore di progettisti, accelerare il miglioramento dei prodotti e mettere in evidenza il ruolo dell'intelligenza artificiale nello sviluppo del prodotto.
PTC (NASDAQ: PTC) ha anunciado un Acuerdo de Colaboración Estratégica con Amazon Web Services (AWS) para acelerar el crecimiento de su solución CAD y PDM nativa en la nube Onshape. La colaboración se centra en el avance de mejoras en productos, programas de adopción de clientes e iniciativas de inteligencia artificial. Las prioridades clave incluyen:
1. Programa de Descubrimiento Onshape: Permitir que los usuarios calificados prueben Onshape Professional de forma gratuita durante un máximo de seis meses.
2. Asesor AI Onshape: Una herramienta impulsada por inteligencia artificial para ayudar a los usuarios a diseñar productos más rápido, que se espera que se lance a finales de 2024.
3. Herramientas de Conversión CAD y PDM: Ampliar las capacidades para simplificar la transición a Onshape.
4. Onshape Government: Una nueva opción que cumple con los requisitos de ITAR y FedRAMP.
La colaboración tiene como objetivo llevar Onshape a más diseñadores, acelerar las mejoras de productos y mostrar el papel de la inteligencia artificial en el desarrollo de productos.
PTC (NASDAQ: PTC)가 Amazon Web Services (AWS)와의 전략적 협력 계약을 발표하여 온셰이프 클라우드 기반 CAD 및 PDM 솔루션의 성장을 가속화하고자 합니다. 협력의 초점은 제품 개선, 고객 수용 프로그램 및 AI 이니셔티브의 발전에 있습니다. 주요 우선 사항은 다음과 같습니다:
1. 온셰이프 탐색 프로그램: 자격을 갖춘 사용자가 최대 6개월 동안 온셰이프 프로페셔널을 무료로 사용해 볼 수 있습니다.
2. 온셰이프 AI 어드바이저: 사용자가 제품을 더 빠르게 설계할 수 있도록 돕는 AI 기반 도구로, 2024년 말까지 출시될 예정입니다.
3. CAD 및 PDM 변환 도구: 온셰이프 전환을 단순화할 수 있는 기능 확장.
4. 온셰이프 정부 기관: ITAR 및 FedRAMP 요구 사항을 준수하는 새로운 옵션입니다.
이 협력의 목표는 더 많은 디자이너들에게 온셰이프를 제공하고 제품 개선을 가속화하며 제품 개발에서 AI의 역할을 보여주는 것입니다.
PTC (NASDAQ: PTC) a annoncé un Accord de Collaboration Stratégique avec Amazon Web Services (AWS) pour accélérer la croissance de sa solution CAD et PDM native dans le cloud Onshape. La collaboration se concentre sur l'amélioration des produits, des programmes d'adoption des clients et des initiatives en intelligence artificielle. Les priorités clés comprennent :
1. Programme de Découverte Onshape : Permettant aux utilisateurs qualifiés d'essayer Onshape Professional gratuitement pendant jusqu'à six mois.
2. Conseiller AI Onshape : Un outil alimenté par l'intelligence artificielle pour aider les utilisateurs à concevoir des produits plus rapidement, prévu pour le lancement d'ici la fin de 2024.
3. Outils de Conversion CAD et PDM : Élargissement des capacités pour simplifier la transition vers Onshape.
4. Onshape Government : Une nouvelle option conforme aux exigences ITAR et FedRAMP.
La collaboration vise à mettre Onshape entre les mains de plus de designers, à accélérer les améliorations des produits et à montrer le rôle de l'intelligence artificielle dans le développement de produits.
PTC (NASDAQ: PTC) hat eine Strategische Zusammenarbeit mit Amazon Web Services (AWS) angekündigt, um das Wachstum seiner cloud-basierten CAD- und PDM-Lösung Onshape zu beschleunigen. Die Zusammenarbeit konzentriert sich auf Produktverbesserungen, Kundenakzeptanzprogramme und KI-Initiativen. Die wichtigsten Prioritäten sind:
1. Onshape Entdeckungsprogramm: Qualifizierten Nutzern die Möglichkeit geben, Onshape Professional bis zu sechs Monate kostenlos auszuprobieren.
2. Onshape AI Berater: Ein KI-gestütztes Tool, das Benutzern hilft, Produkte schneller zu entwerfen, das bis Ende 2024 gestartet werden soll.
3. CAD- und PDM-Konvertierungstools: Ausbau der Möglichkeiten zur Vereinfachung des Wechsels zu Onshape.
4. Onshape Government: Eine neue Option, die den ITAR- und FedRAMP-Anforderungen entspricht.
Das Ziel der Zusammenarbeit ist es, Onshape in die Hände von mehr Designern zu bringen, die Produktverbesserungen zu beschleunigen und die Rolle der KI in der Produktentwicklung zu demonstrieren.
- Strategic collaboration with AWS to accelerate Onshape's growth and product enhancements
- Introduction of Onshape Discovery Program allowing free trial for up to six months
- Development of AI-powered Onshape AI Advisor to assist in product design
- Expansion of CAD and PDM conversion tools to simplify system migration
- Creation of Onshape Government option to comply with ITAR and FedRAMP requirements
- Increasing commercial adoption with notable companies using Onshape
- Regular product enhancements through three-week release cycles
- Strong growth in education sector with over one million new signups per year
- None.
Insights
This strategic collaboration between PTC and AWS marks a significant milestone for PTC's Onshape platform. The partnership aims to accelerate growth and enhance product offerings, which could potentially drive revenue and market share for PTC in the CAD and PDM space. Key initiatives like the Onshape Discovery Program and AI Advisor could lead to increased user adoption and customer retention.
The collaboration's focus on CAD and PDM conversion tools addresses a critical barrier to entry, potentially facilitating easier migration for new customers. This could result in expanded market penetration and revenue growth. The development of Onshape Government, compliant with ITAR and FedRAMP requirements, opens up new market opportunities in the government sector.
While specific financial projections aren't provided, the partnership with AWS, a leader in cloud services, lends credibility and scalability to PTC's cloud-native strategy. This could positively impact PTC's competitive position and long-term growth prospects in the
The collaboration between PTC and AWS represents a significant technological advancement in the CAD and PDM industry. The cloud-native approach of Onshape, coupled with AWS's infrastructure, promises enhanced performance, scalability and reliability for users. The planned Onshape AI Advisor, leveraging Amazon Bedrock, showcases the integration of cutting-edge AI capabilities into the design process, potentially revolutionizing how engineers and designers work.
The focus on intelligent data migration toolsets is crucial, as it addresses one of the main challenges in CAD system transitions - preserving complex parametric features and sketch information. This could significantly reduce switching costs and time for potential customers, making Onshape more attractive to a broader market.
The rapid release cycle (three weeks) mentioned for Onshape indicates an agile development approach, allowing for quick feature additions and improvements. This agility, combined with AWS's cloud infrastructure, positions PTC well to respond to evolving market needs and technological advancements in the CAD/PDM space.
Collaboration to Drive PTC's Onshape Initiatives Including Discovery Program, Onshape AI Advisor, and CAD and PDM Conversion Tools
The Onshape team and AWS will collaborate on several product and go-to-market (GTM) priorities, including:
- Onshape Discovery Program: The Onshape Discovery Program allows qualified users to try Onshape Professional at no cost for up to six months. This allows engineering teams to experience the unique speed and collaboration benefits of the Onshape cloud-native CAD and PDM solution for an extended period before making the decision of whether to adopt Onshape. Companies interested in applying for the Discovery Program can learn more here.
- Onshape AI Advisor: Onshape AI Advisor will allow users to design products faster by cataloguing the vast Onshape resource library of text-based documentation and videos and answering questions or making recommendations during the design process. While designing, users will be able to type a question in simple, conversational language and the Onshape AI Advisor will respond with an answer or recommendation based on the resource library and provide links to additional information. The Onshape AI Advisor will run on Amazon Bedrock and is expected to be released by the end of 2024.
- CAD and PDM Conversion Tools: In response to the growing demand from companies to switch to Onshape, this collaboration will allow the expansion of the capabilities of Onshape intelligent data migration toolsets. These toolsets reduce the complexity of switching systems by preserving the parametric features and sketch information of CAD models during translation.
- Onshape Government: Onshape continues to be adopted by companies that need to accelerate their product development timelines and have elevated security requirements. A new Onshape Government option will deliver this security footprint to comply with The International Traffic in Arms Regulations (ITAR) and The Federal Risk and Authorization Management Program (FedRAMP) requirements.
"Onshape continues to disrupt the CAD and PDM market, with product companies of all sizes choosing to switch and experience the speed, collaboration, and productivity benefits of the cloud-native approach," said David Katzman, General Manager of Onshape and Arena, PTC. "Our collaboration with AWS outlines some key priorities that will help us get Onshape in the hands of more designers and engineers, accelerate the delivery of some important product enhancements, and demonstrate how AI can assist in the product development process."
"Using Onshape has allowed us to make our product development process faster, easier, and more collaborative," said Wilfried Dufaud, Co-founder, Executive Director & Head of Airworthiness, AURA AERO. "We're always working on the latest version of our design, we no longer deal with lost work or system crashes, and we're now automating many of our repetitive CAD tasks, which saves us significant time. In addition to these day-to-day benefits, PTC and AWS give us high confidence in the availability, security, and reliability of our cloud-native approach to product development."
Onshape's growth has been fueled by its goal to help companies switch CAD and PDM systems to a cloud-native solution, an increase in commercial adoption, notable product enhancements, and significant traction in the education space. Leading companies such as Trek Bikes, Garmin, K2, Garrett Motion, and AURA AERO are all designing products with Onshape. As part of its three-week release cycles, Onshape has added functionality such as Render Studio, PCB Studio, Onshape Simulation, new surfacing, modeling analysis, and mixed modeling capabilities, and the Onshape-Arena connection for a seamless CAD-PDM-PLM experience. In education, from K-12 through university, Onshape is now generating more than one million new signups per year. Leading universities, including The Ohio State University, Rochester Institute of Technology, the University of
"PTC's Onshape team and AWS will work together to expand technical and go-to-market collaboration to support the market evolution of engineering design tools moving to the cloud," said Chris Grusz, Managing Director of Technology Partnerships at AWS. "Together, we will evolve PTC's Onshape cloud-native CAD and PDM solution, supported by technology powered by AWS, and bring new AI/ML-powered capabilities and value propositions in a scalable and cost-effective manner to businesses around the world and the next generation user base in education."
To learn more about Onshape, please visit www.onshape.com.
About PTC
PTC (NASDAQ: PTC) is a global software company that enables industrial and manufacturing companies to digitally transform how they design, manufacture, and service the physical products that the world relies on. Headquartered in
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