PLM and CAD providers PTC and Dassault take different paths to spreading CAD and design software beyond hardcore engineers.
Even as PLM vendors PTC and Dassault announce strong quarterly results, PTC says it will take its PLM and CAD products in a new direction.
Market leaders Dassault and PTC both report better-than-expected quarters as spending on PLM software grows.
President Jim Heppelmann will take over as CEO in October, relieving Richard Harrison of a title he has held for 10 years at the PLM provider.
Dassault and PTC see sales and earnings flounder again, but evince hope for 2010.
The agreement ends a sales relationship between the PLM provider and Big Blue that has stretched across three decades.
PLM vendors PTC and Siemens PLM pursue divergent strategies for using collaboration tools in new product development.
The most recent quarter held lackluster sales for Dassault and PTC, as both offer conservative guidance for the months ahead.
The PLM company buys out privately held Relex, adding its product reliability software to a suite of offerings that received its own face-lift this week.
License sales drop markedly at both PLM providers, while maintenance revenue emerges as a saving grace.