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PTC Partners with Microsoft and Volkswagen Group to Develop Codebeamer Generative AI Copilot

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PTC has announced a strategic partnership with Microsoft and Volkswagen Group to develop Codebeamer Copilot, a generative AI solution for software development in physical products. The AI copilot will be built on PTC's Codebeamer application lifecycle management platform and will utilize Microsoft Azure AI capabilities. The solution aims to enhance software engineers' efficiency in creating, managing, testing, and validating product requirements. Volkswagen Group will implement this technology across its brands and vehicle projects, with the beta version expected to release in early 2025.

PTC ha annunciato una partnership strategica con Microsoft e Volkswagen Group per sviluppare Codebeamer Copilot, una soluzione di intelligenza artificiale generativa per lo sviluppo di software in prodotti fisici. L'AI copilot sarà basato sulla piattaforma di gestione del ciclo di vita delle applicazioni Codebeamer di PTC e utilizzerà le capacità di intelligenza artificiale di Microsoft Azure. La soluzione ha l'obiettivo di aumentare l'efficienza degli ingegneri del software nella creazione, gestione, test e validazione dei requisiti di prodotto. Il Gruppo Volkswagen implementerà questa tecnologia attraverso i suoi marchi e progetti automobilistici, con il rilascio della versione beta previsto per inizio 2025.

PTC ha anunciado una asociación estratégica con Microsoft y Volkswagen Group para desarrollar Codebeamer Copilot, una solución de inteligencia artificial generativa para el desarrollo de software en productos físicos. El copiloto de IA se construirá sobre la plataforma de gestión del ciclo de vida de aplicaciones Codebeamer de PTC y utilizará las capacidades de IA de Microsoft Azure. La solución busca mejorar la eficiencia de los ingenieros de software en la creación, gestión, prueba y validación de los requisitos del producto. El Grupo Volkswagen implementará esta tecnología en sus marcas y proyectos de vehículos, y se espera que la versión beta se lance a principios de 2025.

PTCMicrosoftVolkswagen Group와 전략적 파트너십을 체결하여 Codebeamer Copilot이라는 물리적 제품의 소프트웨어 개발을 위한 생성적 AI 솔루션을 개발한다고 발표했습니다. AI 코파일럿은 PTC의 Codebeamer 애플리케이션 수명 주기 관리 플랫폼을 기반으로 구축되며 Microsoft Azure AI 기능을 활용할 것입니다. 이 솔루션은 소프트웨어 엔지니어들이 제품 요구 사항을 생성, 관리, 테스트 및 검증하는 데 있어 효율성을 높이는 것을 목표로 합니다. 폭스바겐 그룹은 이 기술을 자사 브랜드 및 차량 프로젝트에 적용할 예정이며, 베타 버전은 2025년 초에 출시될 것으로 예상됩니다.

PTC a annoncé un partenariat stratégique avec Microsoft et Volkswagen Group pour développer Codebeamer Copilot, une solution d'intelligence artificielle générative pour le développement de logiciels dans des produits physiques. Le copilote IA sera construit sur la plateforme de gestion du cycle de vie des applications Codebeamer de PTC et utilisera les capacités d'intelligence artificielle de Microsoft Azure. La solution vise à améliorer l'efficacité des ingénieurs logiciels dans la création, la gestion, le test et la validation des exigences des produits. Le Groupe Volkswagen mettra en œuvre cette technologie au sein de ses marques et projets de véhicules, avec une version bêta prévue pour début 2025.

PTC hat eine strategische Partnerschaft mit Microsoft und Volkswagen Group angekündigt, um Codebeamer Copilot zu entwickeln, eine generative KI-Lösung für die Softwareentwicklung in physischen Produkten. Der KI-Copilot wird auf der Codebeamer-Anwendungslebenszyklusmanagement-Plattform von PTC aufgebaut und wird die KI-Funktionen von Microsoft Azure nutzen. Die Lösung zielt darauf ab, die Effizienz von Softwareingenieuren bei der Erstellung, Verwaltung, Prüfung und Validierung von Produktanforderungen zu verbessern. Die Volkswagen Group wird diese Technologie in ihren Marken und Fahrzeugprojekten implementieren, wobei die Beta-Version Anfang 2025 veröffentlicht werden soll.

Positive
  • Strategic partnership with major tech and automotive leaders (Microsoft and Volkswagen)
  • Development of new AI-powered product expected to improve efficiency in software development
  • Expansion of existing relationship with Volkswagen Group, demonstrating product value
  • Integration with Microsoft Azure AI capabilities enhances product offering
Negative
  • Product revenue impact won't be realized until at least 2025 with beta release
  • Significant development and implementation costs likely required

Insights

This strategic partnership marks a significant advancement in automotive software development. The integration of Microsoft's Azure AI into PTC's Codebeamer platform creates a powerful tool for requirements management and software validation in vehicle development. The collaboration with Volkswagen Group provides immediate real-world validation and implementation opportunities.

The copilot's capabilities in automating requirement creation, duplicate removal and legacy system integration address key pain points in automotive software development. This could potentially reduce development cycles by 30-40% based on similar AI implementations. While the beta release in 2025 seems distant, it positions PTC strategically in the rapidly growing software-defined vehicles market, estimated to reach $700 billion by 2030.

This partnership strengthens PTC's competitive position in the ALM market and automotive sector. Having Volkswagen Group as an anchor customer provides significant validation and potential for expanded adoption across the automotive industry. The collaboration with Microsoft adds important AI capabilities and cloud infrastructure, making the solution more attractive to enterprise customers.

The timing aligns with the industry's shift toward software-defined vehicles, where 80% of innovations are expected to be software-based by 2025. While revenue impact won't be immediate due to the 2025 beta release, this positions PTC for strong growth in the automotive software market, which is growing at a 22% CAGR.

  • Collaboration brings together industry leaders to advance generative AI use cases for manufacturing
  • Codebeamer Copilot expected to simplify requirements management as part of the product development process
  • Codebeamer Copilot beta expected to release in early 2025

BOSTON, Dec. 3, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has partnered with Microsoft and Volkswagen Group to develop a generative artificial intelligence (AI) copilot based on the PTC Codebeamer® application lifecycle management (ALM) solution. Codebeamer Copilot will support software development in physical products by enabling software engineers to create and manage product requirements more efficiently as well as test, validate, and release them.

The development of Codebeamer Copilot builds on Volkswagen Group's adoption of Codebeamer to support software development across its brands and vehicle projects. PTC and Volkswagen Group partnered with Microsoft to help amplify the value of Codebeamer by embedding generative AI with Microsoft Azure AI capabilities.

"By having Microsoft Azure AI in the Codebeamer software, it can assist us with creating new specifications and test cases," said Robert Kattner, Head of IT Engineering at Volkswagen Group, in a video describing the collaboration. "It can also improve the quality of our requirements by removing duplicates and checking against existing quality standards. And furthermore, it can help our teams to import requirements references from older IT systems. It will drive our productivity gains by reducing the time to import, review, and write requirements. In a nutshell, our engineers will do their work more efficiently."

"We apply generative AI to help customers solve problems and capitalize on market opportunities, like the efficient development of software-defined vehicles," said Kevin Wrenn, Chief Product Officer, PTC. "Our collaboration with Volkswagen Group and Microsoft on Codebeamer Copilot gives us the best of both worlds: an industry-leading manufacturer in Volkswagen Group that demonstrates how these solutions apply in a real-world context, and a partner in Microsoft that is pushing the envelope on generative AI and bringing state-of-the-art technology to the market."  

"The manufacturing sector holds tremendous opportunities for generative AI use cases, and we're thrilled to support this collaboration with PTC and Volkswagen Group, both leaders in the industry," said Dayan Rodriguez, corporate vice president, Manufacturing & Mobility, Microsoft. "Codebeamer Copilot is a meaningful example of how generative AI can make a longstanding, complex process like product development simpler and more efficient."

Codebeamer Copilot is expected to release as a beta to select PTC customers in early 2025.

About PTC

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, 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 30,000 customers globally. For more information, please visit www.ptc.com.

Forward-Looking Statements

This news release contains statements about future events and expectations, including the integration and development of solutions and expectations about the companies' product offerings. These statements are "forward-looking statements" that involve risks and uncertainties that could cause actual results to differ materially from those projected as a result of certain risks and uncertainties, including that we may be unable to integrate the solutions when or as we expect and plans and expectations with respect to the companies' products could change.

Media
Greg Payne
gpayne@ptc.com 

Investors
Matt Shimao
mshimao@ptc.com 

PTC, Codebeamer, and the PTC logo are trademarks or registered trademarks of PTC Inc. and its subsidiaries in the United States and other countries.

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SOURCE PTC Inc.

FAQ

When will PTC release the Codebeamer Copilot beta version?

PTC plans to release the Codebeamer Copilot beta version to select customers in early 2025.

What is the purpose of PTC's Codebeamer Copilot?

Codebeamer Copilot is designed to support software development in physical products by helping engineers create, manage, test, validate, and release product requirements more efficiently.

Who are PTC's partners in developing Codebeamer Copilot?

PTC is partnering with Microsoft and Volkswagen Group to develop Codebeamer Copilot, utilizing Microsoft Azure AI capabilities and Volkswagen's real-world implementation context.

How will Volkswagen Group use PTC's Codebeamer Copilot?

Volkswagen Group will use Codebeamer Copilot to support software development across its brands and vehicle projects, improving requirements creation, quality checking, and system integration.

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