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PTC Launches ServiceMax AI, a Generative AI-Powered Field Service Assistant

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PTC (NASDAQ: PTC) has launched ServiceMax AI, a generative AI-powered field service management assistant. The new solution leverages documented field asset history stored in the ServiceMax platform to enhance technician effectiveness.

The AI assistant includes features such as ServiceMax AI Chat which helps technicians by answering job-specific questions, automating documentation and scheduling tasks, and providing predictive maintenance recommendations. The system utilizes equipment data, service history, and known service resolutions to streamline service operations.

This technology combines decades of field service expertise with the latest generative AI capabilities, aimed at modernizing service organization workflows and improving the technician experience.

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Positive

  • Introduction of new AI technology potentially increasing operational efficiency
  • Automation of manual tasks could reduce labor costs
  • Implementation of predictive maintenance capabilities may reduce downtime
  • Integration with existing ServiceMax platform leverages established data

Negative

  • None.

News Market Reaction 1 Alert

-0.84% News Effect

On the day this news was published, PTC declined 0.84%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

  • Leading field service management solution delivers new GenAI capabilities to service organizations to increase technician effectiveness
  • Reschedules appointments, automates manual tasks, reviews asset history, and provides predictive maintenance guidance to streamline service execution
  • Intelligently searches through manuals, troubleshooting guides, and service history to answer technician questions and proactively recommend service resolutions

BOSTON, Feb. 12, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced the release of the ServiceMax AI field service management assistant powered by generative artificial intelligence (GenAI). ServiceMax AI leverages the full documented history of a field asset stored in the ServiceMax® platform, including equipment data, service history, and known service resolutions, to help field service technicians get more done in less time. With the power of GenAI, technicians can use ServiceMax AI Chat to answer questions about a specific job or asset, automate manual documentation and scheduling tasks, and review proactive recommendations for predictive maintenance. 

ServiceMax AI is based on decades of field service expertise and the latest GenAI technology, enabling service organizations to modernize their workflows and the technician experience.

For a more in-depth look at ServiceMax AI, including how it's addressing workforce challenges, how it mimics natural human interaction, and its place in the age of agentic AI, please read this blog from Joseph June, General Manager of ServiceMax: The Next Evolution in Field Service: AI-Powered ServiceMax is Solving the Technician Knowledge Challenge.

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

PTC.com         @PTC         Blogs

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Greg Payne
gpayne@ptc.com 

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ptc-launches-servicemax-ai-a-generative-ai-powered-field-service-assistant-302374226.html

SOURCE PTC Inc.

FAQ

What are the main features of PTC's new ServiceMax AI assistant?

ServiceMax AI includes AI Chat for answering job-specific questions, automated documentation and scheduling capabilities, and predictive maintenance recommendations, all powered by generative AI technology.

How does PTC's ServiceMax AI improve field service operations?

It improves operations by automating manual tasks, providing quick access to asset history and service resolutions, and offering predictive maintenance guidance to help technicians work more efficiently.

What data does PTC's ServiceMax AI use to assist technicians?

ServiceMax AI utilizes equipment data, service history, and known service resolutions stored in the ServiceMax platform to provide assistance and recommendations.

When will PTC's ServiceMax AI be available to customers?

According to the announcement made on February 12, 2025, ServiceMax AI has been released and is now available.
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