PTC and Schaeffler Expand Strategic Relationship with Adoption of Windchill+ PLM
Schaeffler, a leading motion technology company, is upgrading its product development capabilities by adopting PTC's Windchill+ cloud-based product lifecycle management (PLM) solution. This transition from on-premises Windchill to cloud-based Windchill+ marks an expansion of their decade-long strategic partnership.
The move follows Schaeffler's successful merger with Vitesco Technologies in October 2024. The company currently uses PTC's software suite for various functions, including:
- Hardware and software requirements definition (ALM)
- Computer-aided design (CAD)
- Product configuration management (PLM)
- Manufacturing process integration
Both companies plan to collaborate on AI-driven product development initiatives, leveraging PTC's product development portfolio. The cloud transition aims to enhance deployment speed, upgrade capabilities, and collaboration benefits, ultimately accelerating Schaeffler's time to market for its automotive and industrial products.
Schaeffler, azienda leader nella tecnologia del movimento, sta potenziando le sue capacità di sviluppo prodotto adottando la soluzione cloud di gestione del ciclo di vita del prodotto (PLM) Windchill+ di PTC. Questo passaggio da Windchill on-premises a Windchill+ basato su cloud rappresenta un ampliamento della loro partnership strategica decennale.
La decisione segue la riuscita fusione di Schaeffler con Vitesco Technologies nell’ottobre 2024. Attualmente, l’azienda utilizza la suite software di PTC per diverse funzioni, tra cui:
- Definizione dei requisiti hardware e software (ALM)
- Progettazione assistita da computer (CAD)
- Gestione della configurazione del prodotto (PLM)
- Integrazione dei processi produttivi
Entrambe le aziende intendono collaborare su iniziative di sviluppo prodotto guidate dall’intelligenza artificiale, sfruttando il portafoglio di soluzioni di PTC. La transizione al cloud mira a migliorare la velocità di implementazione, le capacità di aggiornamento e i vantaggi collaborativi, accelerando così il time to market dei prodotti automotive e industriali di Schaeffler.
Schaeffler, una empresa líder en tecnología de movimiento, está mejorando sus capacidades de desarrollo de productos al adoptar la solución de gestión del ciclo de vida del producto (PLM) basada en la nube Windchill+ de PTC. Esta transición de Windchill local a Windchill+ en la nube representa una expansión de su asociación estratégica de más de una década.
Esta decisión sigue a la exitosa fusión de Schaeffler con Vitesco Technologies en octubre de 2024. Actualmente, la empresa utiliza la suite de software de PTC para diversas funciones, incluyendo:
- Definición de requisitos de hardware y software (ALM)
- Diseño asistido por computadora (CAD)
- Gestión de configuración de producto (PLM)
- Integración de procesos de fabricación
Ambas compañías planean colaborar en iniciativas de desarrollo de productos impulsadas por IA, aprovechando la cartera de desarrollo de productos de PTC. La transición a la nube busca mejorar la velocidad de implementación, las capacidades de actualización y los beneficios de colaboración, acelerando finalmente el tiempo de comercialización de los productos automotrices e industriales de Schaeffler.
쉐플러(Schaeffler)는 선도적인 모션 기술 기업으로서 제품 개발 역량을 강화하기 위해 PTC의 클라우드 기반 제품 수명주기 관리(PLM) 솔루션 Windchill+를 도입하고 있습니다. 기존 온프레미스 Windchill에서 클라우드 기반 Windchill+로의 전환은 10년 이상 이어온 전략적 파트너십의 확장을 의미합니다.
이번 결정은 2024년 10월 쉐플러가 Vitesco Technologies와 성공적으로 합병한 이후 이루어졌습니다. 현재 회사는 PTC의 소프트웨어 제품군을 다음과 같은 다양한 기능에 활용하고 있습니다:
- 하드웨어 및 소프트웨어 요구사항 정의(ALM)
- 컴퓨터 지원 설계(CAD)
- 제품 구성 관리(PLM)
- 제조 공정 통합
양사는 AI 기반 제품 개발 이니셔티브에서 협력할 계획이며, PTC의 제품 개발 포트폴리오를 활용할 예정입니다. 클라우드 전환은 배포 속도, 업그레이드 기능 및 협업 효율성을 향상시켜 궁극적으로 쉐플러의 자동차 및 산업 제품의 시장 출시 시간을 단축하는 것을 목표로 합니다.
Schaeffler, entreprise leader dans la technologie du mouvement, améliore ses capacités de développement produit en adoptant la solution de gestion du cycle de vie des produits (PLM) cloud Windchill+ de PTC. Ce passage de Windchill sur site à Windchill+ basé sur le cloud marque une extension de leur partenariat stratégique de plus de dix ans.
Cette décision fait suite à la fusion réussie de Schaeffler avec Vitesco Technologies en octobre 2024. L’entreprise utilise actuellement la suite logicielle de PTC pour diverses fonctions, notamment :
- Définition des exigences matérielles et logicielles (ALM)
- Conception assistée par ordinateur (CAO)
- Gestion de la configuration produit (PLM)
- Intégration des processus de fabrication
Les deux sociétés prévoient de collaborer sur des initiatives de développement produit pilotées par l’IA, en tirant parti du portefeuille de développement produit de PTC. La transition vers le cloud vise à améliorer la rapidité de déploiement, les capacités de mise à jour et les bénéfices collaboratifs, accélérant ainsi le time to market des produits automobiles et industriels de Schaeffler.
Schaeffler, ein führendes Unternehmen im Bereich der Bewegungstechnologie, erweitert seine Produktentwicklungskapazitäten durch die Einführung der cloudbasierten Produktlebenszyklus-Management-Lösung (PLM) Windchill+ von PTC. Der Wechsel von der On-Premises-Lösung Windchill zur Cloud-basierten Windchill+ markiert eine Erweiterung der mehr als zehnjährigen strategischen Partnerschaft.
Dieser Schritt folgt auf die erfolgreiche Fusion von Schaeffler mit Vitesco Technologies im Oktober 2024. Das Unternehmen nutzt derzeit die Software-Suite von PTC für verschiedene Funktionen, darunter:
- Definition von Hardware- und Softwareanforderungen (ALM)
- Computerunterstütztes Design (CAD)
- Produktkonfigurationsmanagement (PLM)
- Integration von Fertigungsprozessen
Beide Unternehmen planen eine Zusammenarbeit bei KI-gesteuerten Produktentwicklungsinitiativen und nutzen dabei das Produktentwicklungsportfolio von PTC. Der Cloud-Umstieg soll die Bereitstellungsgeschwindigkeit, Upgrade-Fähigkeiten und Kollaborationsvorteile verbessern und letztlich die Markteinführungszeit von Schaefflers Automobil- und Industrieprodukten beschleunigen.
- Strategic expansion with Schaeffler, a major automotive supplier, adopting PTC's cloud-based Windchill+ PLM solution
- Strengthening of decade-long relationship with key customer following Schaeffler-Vitesco merger
- Expansion into AI-driven product development initiatives with Schaeffler
- Multiple PTC products being utilized by Schaeffler (ALM, CAD, PLM solutions)
- Cloud transition indicates potential for recurring revenue growth through SaaS model
- Company disclaimer indicates uncertainty in timing and amount of revenue from the deal
- Implementation and deployment completion timeline not specified
- No specific financial terms or contract value disclosed
Insights
PTC secures major cloud migration win with long-term automotive customer, strengthening recurring revenue streams and validating cloud strategy.
PTC's announcement about Schaeffler adopting Windchill+ represents a significant validation of PTC's cloud-first strategy in the PLM market. This isn't merely a technology upgrade – it's a strategic expansion of a decade-long relationship with a major automotive and industrial supplier that's continuing after Schaeffler's recent merger with Vitesco Technologies.
The migration from on-premises Windchill to cloud-based Windchill+ demonstrates the cloud transition momentum in the traditionally conservative industrial manufacturing sector. For PTC, this likely signals a conversion from perpetual licensing to subscription revenue models, strengthening their recurring revenue base – a key metric watched by enterprise software investors.
What's particularly valuable is how deeply embedded PTC's solutions are within Schaeffler's product development ecosystem. They're using PTC's technology across the entire product development lifecycle – from requirements definition with ALM, through design with CAD, to configuration management with PLM, and extending into manufacturing processes. This level of integration creates significant switching costs and suggests strong account retention.
The planned collaboration on AI-driven product development initiatives hints at additional revenue opportunities beyond the core PLM implementation. While no financial details were disclosed, the strategic value is clear – PTC is successfully transitioning key customers to their cloud offerings while expanding solution footprint. This exemplifies the land-and-expand strategy critical for SaaS business growth.
- Leading global automotive and industrial supplier continues product development modernization with transition to cloud-based Windchill+ PLM
- Windchill+ offers speed of deployment, upgrade, and collaboration benefits to help customers accelerate development time
- PTC and Schaeffler expect to collaborate on AI-driven product development initiatives
"Schaeffler's adoption of Windchill+ represents the next step in the strategic relationship our companies have shared over the last decade," said Neil Barua, President and CEO of PTC. "We're confident that the benefits of Windchill+ - including collaboration, ease-of-use, and always being on the latest version with the newest features – will enable Schaeffler to accelerate its product development processes and build on its position as an industry leader."
Over the last decade, Schaeffler has utilized PTC's product development software to develop some of the most advanced and differentiated offerings in the automotive industry, including engine, transmission, and chassis systems and electric drives. The relationship is expected to see further expansion following the successful merger of Schaeffler and Vitesco Technologies in October 2024. Schaeffler utilizes PTC software to define the hardware and software requirements of its products with application lifecycle management (ALM), to design its products with computer-aided design (CAD), to manage product configurations in PLM, and to extend this data into the manufacturing process with PLM-based solutions such as Windchill Navigate™.
PTC and Schaeffler expect to collaborate on artificial intelligence-driven product development initiatives, leveraging the product data managed across PTC's product development portfolio, to enable Schaeffler to further accelerate its product development process.
"Schaeffler has been an industry leader for over 75 years and recognizes the importance of continued transformation in digitalization to deliver best-in-class products for our global customers," said Rainer Eidloth, Senior Vice President Engineering Digitalization & IT at Schaeffler. "Accelerating the product development process and embracing a cloud-first strategy are two of our highest priorities, and our longstanding relationship with PTC plays a crucial role in this effort. We look forward to continuing our close collaboration as we make this shift to Windchill+ and continue advancing our product portfolio."
Forward-Looking Statements
The announcement of a customer's selection or adoption of PTC software is not necessarily indicative of the timing or amount of ARR or revenue therefrom or of the Company's overall ARR or revenue for any particular period, or that the necessary implementation and deployment activities are complete.
About
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 the world relies on. Headquartered in
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