PTC Expands Strategic Partnerships
The company has signed the Science Based Targets initiative (SBTi) commitment letter, pledging near-term emissions reductions and long-term net-zero targets.
June 13, 2023
The digital transformation company has signed the Science Based Targets initiative (SBTi) commitment letter, pledging near-term emissions reductions and long-term net-zero targets.
In addition, the company is expanding its relationships with Ansys and aPriori to support manufacturers’ environmental sustainability goals in the areas of product dematerialization and manufacturing efficiency.
“PTC’s SBTi commitment is rooted in our belief that it’s the right thing to do as we consider the impacts of climate change,” says Catherine Kniker, chief strategy and marketing officer at PTC. “It’s also part of a broader commitment that we’re making with our manufacturing customers, as we’ll reduce our own footprint in a manner that’s consistent with their environmental sustainability goals.”
In parallel with its SBTi commitments, PTC is broadening the ways in which it supports manufacturers’ efforts to reduce the environmental footprint of their products.
PTC enables manufacturers to address these footprint considerations with its product design and lifecycle management software and through new partner integrations with Ansys and aPriori.
PTC and Ansys, who have been working together for several years on product design and simulation software, will pursue more integrated workflows between PTC’s Creo computer-aided design (CAD) and Windchill product lifecycle management (PLM) software with Ansys’ materials information management solution, Ansys Granta MI.
“We are excited to pursue more integrated materials management and sustainability workflows with PTC, building on the existing Ansys Granta connections to Creo and Windchill,” says Mark Hindsbo, vice president and general manager of Product at Ansys. “These workflows help engineers balance performance and environmental footprint priorities as they design products by providing predictively accurate, traceable, and reliable materials information.”
PTC and aPriori will pursue greater interoperability between Windchill and aPriori’s aP Pro, aP Design and aP Generate software.
These solutions enable designers to review designs in CAD and PLM and generate reports for part costs, manufacturability and environmental footprint. If changes are required, aPriori’s software can generate recommendations for improvements for the designers.
“Today, manufacturers face constant pressure to simultaneously increase profitability and sustainability,” says Stephanie Feraday, president and chief executive officer at aPriori. “We are uniquely positioned to provide automated manufacturing insights to help cut costs, reduce carbon emissions, and improve productivity from early product design through production. Expanding our relationship will help PTC customers capitalize on the full breadth of our capabilities and their PTC investments, in order to make product decisions quickly and confidently.”
PTC ran a dedicated track for environmental sustainability at LiveWorx recently. This included Catherine Kniker’s track spotlight presentation titled, “Tangible Strategies for Improving Product Sustainability.”
In other recent news, PTC and Rockwell expanded their partnership for Internet of Things and augmented reality. Rockwell Automation will continue to resell PTC’s ThingWorx IoT software, including the Digital Performance Management (DPM) manufacturing solution, and Vuforia AR software to new and existing customers across discrete and process manufacturing verticals. Customers will continue to benefit from both companies’ resources, technologies, and industry expertise, the companies report.
Sources: Press materials received from the company and additional information gleaned from the company’s website.