Volvo Group takes PTC development software to the next level

Volvo Group says it is to use PTC's Windchill PLM (product lifecycle management) software to manage product development at the strategic level.

The announcement follows a new deal, signed following final validation of the software, which, says the company, "clearly demonstrated the value of the Windchill software and PTC´s capability to execute as an organization". "Volvo has very sophisticated product development requirements," comments James Heppelmann, president and chief operating officer at PTC. "They operate in a fast-paced, global environment; they work with multiple, heterogeneous sources of data; and they develop complex products, which are in many cases highly customised and have significant life cycles."