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PTC Expands Relationship with Garrett Motion to Transform New Product Development

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PTC (NASDAQ: PTC) announced on November 19, 2025 an expanded relationship with Garrett Motion, which will adopt Codebeamer+ ALM and Windchill+ PLM alongside its existing Onshape CAD platform.

Garrett said the move will extend access to product data, improve traceability, and unify software and hardware requirements, bills of material, and product configurations as part of a SaaS-driven replacement of legacy tools. PTC framed the deal as advancing its Intelligent Product Lifecycle vision and creating an AI-ready product data foundation to boost collaboration across engineering teams.

PTC (NASDAQ: PTC) ha annunciato il 19 novembre 2025 un rapporto ampliato con Garrett Motion, che adotterà Codebeamer+ ALM e Windchill+ PLM insieme alla sua attuale piattaforma CAD Onshape.

Garrett ha detto che l'iniziativa amplierà l'accesso ai dati di prodotto, migliorerà la tracciabilità e unirà requisiti software e hardware, distinte base e configurazioni di prodotto nell'ambito di una sostituzione guidata dal SaaS degli strumenti legacy. PTC ha inquadrato l'accordo come un avanzamento della sua visione di Intelligent Product Lifecycle e come la creazione di una base di dati di prodotto pronta per l'AI per aumentare la collaborazione tra i team di ingegneria.

PTC (NASDAQ: PTC) anunció el 19 de noviembre de 2025 una relación ampliada con Garrett Motion, que adoptará Codebeamer+ ALM y Windchill+ PLM junto con su plataforma CAD Onshape existente.

Garrett afirmó que la medida ampliará el acceso a los datos de producto, mejorará la trazabilidad y unificará los requisitos de software y hardware, las listas de materiales y las configuraciones de producto como parte de una sustitución impulsada por SaaS de las herramientas heredadas. PTC enmarcó el acuerdo como un avance de su visión de Intelligent Product Lifecycle y como la creación de una base de datos de producto lista para IA para impulsar la colaboración entre los equipos de ingeniería.

PTC (NASDAQ: PTC)2025년 11월 19일 Garrett Motion과의 확대된 관계를 발표했으며, 이 관계는 Codebeamer+ ALMWindchill+ PLM를 기존의 Onshape CAD 플랫폼과 함께 채택할 예정입니다.

Garrett은 이 조치가 제품 데이터에 대한 접근을 확대하고 추적 가능성을 개선하며, 소프트웨어 및 하드웨어 요구사항, 자재 명세(BOM), 제품 구성들을 SaaS 주도형으로 legacy 도구를 대체하는 일환으로 통합할 것이라고 밝혔습니다. PTC는 이 거래를 Intelligent Product Lifecycle 비전에 대한 진전이자 엔지니어링 팀 간의 협업을 촉진하기 위한 AI 준비된 제품 데이터 기반의 구축으로 해석했습니다.

PTC (NASDAQ : PTC) a annoncé le 19 novembre 2025 une relation élargie avec Garrett Motion, qui adoptera Codebeamer+ ALM et Windchill+ PLM aux côtés de sa plateforme CAD existante Onshape.

Garrett a déclaré que cette démarche étendrait l’accès aux données produit, améliorerait la traçabilité et unirait les exigences logicielles et matérielles, les nomenclatures et les configurations produit dans le cadre d’un remplacement des outils hérités piloté par SaaS. PTC a présenté l’accord comme une avancée de sa vision Intelligent Product Lifecycle et comme la création d’une base de données produit prête pour l’IA afin de stimuler la collaboration entre les équipes d’ingénierie.

PTC (NASDAQ: PTC) kündigte am 19. November 2025 eine erweiterte Zusammenarbeit mit Garrett Motion an, die Codebeamer+ ALM und Windchill+ PLM neben der bestehenden CAD-Plattform Onshape übernehmen wird.

Garrett sagte, der Schritt werde den Zugriff auf Produktdaten erweitern, die Rückverfolgbarkeit verbessern und Software- und Hardware-Anforderungen, Stücklisten und Produktkonfigurationen im Rahmen eines SaaS-gesteuerten Austauschs veralteter Werkzeuge vereinheitlichen. PTC rahmte das Geschäft als Vorstoß in seine Vision des Intelligent Product Lifecycle ein und als Schaffung einer AI-ready Produktdatenbasis, um die Zusammenarbeit zwischen Engineering-Teams zu verbessern.

PTC (NASDAQ: PTC) أعلنت عن 19 نوفمبر 2025 عن علاقة موسعة مع Garrett Motion، التي ستتبنى Codebeamer+ ALM و Windchill+ PLM جنباً إلى جنب مع منصتها CAD الحالية Onshape.

وقالت Garrett إن الخطوة ستوسع الوصول إلى بيانات المنتج، وتحسن إمكانية التتبع، وتوحيد متطلبات البرمجيات والمكونات والمواد وتكوينات المنتج كجزء من استبدال قائم على SaaS للأدوات القديمة. وأطر PTC الصفقة كخطوة إلى الأمام نحو رؤيتها لـ Intelligent Product Lifecycle وخلق قاعدة بيانات منتج جاهزة للذكاء الاصطناعي لتعزيز التعاون بين فرق الهندسة.

Positive
  • Garrett adopting Codebeamer+ and Windchill+ (Nov 19, 2025)
  • Builds unified CAD, PLM, and ALM product data foundation
  • Expands Onshape use to broader enterprise and external partners
Negative
  • None.

Insights

PTC expands a customer relationship, integrating ALM and PLM with existing cloud CAD to unify product data and enable AI readiness.

By adding Codebeamer+ ALM and Windchill+ PLM onto Garrett Motion's existing Onshape CAD deployment, the company moves from isolated engineering tools to a unified data foundation. This unification should extend traceability across software and hardware requirements, bills of material, and configurations, simplifying cross-functional workflows and partner access while centralizing product records.

Key dependencies include successful integration across the three products and migration from legacy systems without data loss or prolonged disruption; those execution risks determine near-term operational impact. Watch the implementation progress and any published metrics on data migration, user adoption, or milestone dates such as rollout timelines announced after Nov. 19, 2025 for indications of value realization over the following 12–24 months.

  • Garrett Motion adopting Codebeamer+ ALM and Windchill+ PLM in addition to its existing Onshape CAD platform to extend access to product data, enhance traceability, and drive greater collaboration

  • PTC poised to deliver on Intelligent Product Lifecycle vision with unified CAD, PLM, and ALM engineering suite

BOSTON, Nov. 19, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced an expansion of its relationship with Garrett Motion, a leading differentiated technology provider for emission reduction and energy efficiency in automotive and beyond. Building on its successful use of the PTC Onshape® cloud-native computer-aided design (CAD) and product data management (PDM) platform, Garrett is adopting the PTC Codebeamer+™ application lifecycle management (ALM) and Windchill+® product lifecycle management (PLM) solutions as it continues a SaaS-driven transformation of its product development tools and practices and replaces legacy solutions.

"Partnering with PTC enables us to unify our product development and IT landscape on an AI-ready architecture, advancing the differentiated technologies we bring to customers in the automotive industry and beyond," said Olivier Rabiller, President and CEO of Garrett Motion, Inc.

Garrett's successful use of Onshape democratized access to CAD data throughout the enterprise, including external partners, and improved collaboration across global cross-functional development teams. Expanding to Codebeamer+ and Windchill+ will enable Garrett to unify key engineering disciplines and broaden data access to software and hardware requirements, bills of material, product configurations, and much more. This unified approach to engineering and building a product data foundation is a key element of PTC's Intelligent Product Lifecycle vision and positions Garrett to accelerate its adoption of AI.

"We're thrilled to build on Garrett's success with Onshape with the adoption of Codebeamer+ and Windchill+," said Neil Barua, President and CEO, PTC. "With our Intelligent Product Lifecycle vision and the deep integrations that we're advancing between CAD, PLM, and ALM, PTC is forging a path for leaders like Garrett to transform engineering, build a product data foundation required for AI, and drive greater value across the organization."

About Garrett Motion Inc.

A differentiated technology leader, Garrett Motion has a 70-year history of innovation in the automotive sector (cars, trucks) and beyond (off-highway equipment, marine, power generators). Its expertise in turbocharging has enabled significant reductions in engine size, fuel consumption, and CO2 emissions. Garrett is expanding its positive impact by developing differentiated technology solutions for Zero Emission Vehicles, such as fuel cell compressors for hydrogen fuel cell vehicles, as well as electric propulsion and thermal management systems for battery electric vehicles. Garrett has six R&D centers, 13 manufacturing sites and a team of more than 9,000 employees in more than 20 countries. Its mission is to enable the transportation industry to advance motion through unique, differentiated innovations. For more information, please visit www.garrettmotion.com

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

Media Contact 
Greg Payne 
gpayne@ptc.com

Investor Contact
Matt Shimao
mshimao@ptc.com

PTC, Windchill+, Codebeamer+, Onshape, 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

What did PTC announce with Garrett Motion on November 19, 2025 (PTC)?

PTC said Garrett will adopt Codebeamer+ ALM and Windchill+ PLM in addition to Onshape to unify product development.

How will the PTC-Garrett expansion affect product data access for Garrett (PTC)?

The company said the expansion will extend enterprise access to CAD, software requirements, bills of material, and configurations.

Does the November 19, 2025 PTC announcement mention AI capabilities (PTC)?

PTC described the unified data foundation as AI-ready and part of its Intelligent Product Lifecycle vision.

Will Garrett replace legacy systems with PTC solutions according to the Nov 19, 2025 announcement (PTC)?

Yes; Garrett is moving to a SaaS-driven transformation and replacing legacy product development tools with PTC solutions.

Which PTC products is Garrett expanding to as of November 19, 2025 (PTC)?

Garrett is expanding to Codebeamer+ (ALM) and Windchill+ (PLM) alongside existing Onshape CAD.

What business benefits did PTC cite for the Garrett expansion on Nov 19, 2025 (PTC)?

PTC said benefits include improved traceability, broader collaboration, and a unified engineering data foundation to accelerate AI adoption.
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