PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Parametric Technology Corporation (PTC)

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Hyundai Motor Company and Kia Motors Corporation Completes First Phase of PTC PLM System Deployment - Strong partnership enables companies to achieve aggressive milestone on schedule (Nasdaq: PMTC) - PTC.com
Hyundai Motor Company and Kia Motors Corporation Completes First Phase of PTC PLM System Deployment

 

NewswireToday - /newswire/ - Needham, MA, United States, 2012/01/09 - Strong partnership enables companies to achieve aggressive milestone on schedule (Nasdaq: PMTC) - PTC.com. NASDAQ: PMTC

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

PTC® today announced it has successfully completed the first phase of deployment of its enterprise product lifecycle management (PLM) system at Hyundai Motor Company and Kia Motors Corporation (HMC/KMC). The combined companies represent the fourth largest, and fastest growing, automobile manufacturer in the world.

In order to support the company's ambitious growth plans, HMC/KMC prioritized the need for a robust PLM system that both enables global concurrent product development and supports its rapidly changing vehicle requirements. Following an extensive benchmark testing and selection process, HMC/KMC selected PTC's Windchill® PLM solution as its enterprise PLM solution in early 2011. PTC's Windchill will consolidate multiple existing systems into a single platform for managing critical product data and related processes for vehicle development.

PTC's Windchill is being deployed within HMC/KMC's core research and development groups to establish a system of record for the complete vehicle, which will include design data from a range of different systems including CATIA and Pro/ENGINEER® (now Creo®). In addition, Windchill will also help handle the complexity caused by the increasing number of vehicle change management requests and, further, will provide a comprehensive Digital Mock-Up (DMU) environment.

"Our company believes that new thinking leads to new possibilities," said ChangKy Kang, executive vice president and head of vehicle development center 4. "This philosophy is what led us to select PTC as our strategic PLM partner. We are pleased by the collaboration between PTC and our project teams in achieving this aggressive implementation milestone on schedule."

In partnership with Hyundai AutoEver, PTC was able to meet an aggressive timeline set for Phase I system deployment. Late last year, the Windchill system was opened to users on key car programs within HMC/KMC. The system will be expanded and adopted for all vehicle programs.

"When it comes to product design, development and delivery, HMC/KMC represents a new generation of thinking which requires a new generation of technology," said Jim Heppelmann, president and CEO of PTC. "There is no question that HMC/KMC is charting a new path toward growth through innovation and we are proud to be a strategic partner to this emerging industry leader. We look forward to our continued collaboration as we deploy additional enabling technologies across the company."

With the first phase complete, planning for the next phase will begin.

PTC solutions for automotive needs are designed to meet the product design and product life cycle management needs of both OEMs and suppliers in the automotive industry. PTC's customers in the automotive industry utilizing PTC's enterprise 3D design, product data management and/or collaboration solutions include eight of the Top 10 power train suppliers and three of the Top Five automotive OEMs.

About PTC
PTC (ptc.com) enables manufacturers to achieve maximum value from their product strategies with software and services designed to optimize key business processes throughout the entire product lifecycle - from conception and design to sourcing and service. PTC's integral solution portfolio enables customers to unleash product innovation, improve collaboration and ensure product data integrity within engineering and across the enterprise, supply chain and service partner networks. Founded in 1985, PTC employs over 6,000 professionals serving more than 27,000 customers worldwide.

Follow us on Twitter - Watch us on YouTube - Connect with us on Linked In - Join our PlanetPTC Windchill Community - Visit us on Facebook

The announcement of a customer’s implementation, deployment or adoption of PTC software is not necessarily indicative of the timing or amount of revenue from such engagement or of the Company’s overall revenue for any particular period.

PTC and its logo and Windchill are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and other countries. All other trademarks are the property of their respective owners.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Parametric Technology Corporation (PTC)

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Hyundai Motor Company and Kia Motors Corporation Completes First Phase of PTC PLM System Deployment

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

PTC |
Publisher Contact: PTC Press - PTC.com 
781-370-6151
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Parametric Technology Corporation (PTC) securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Parametric Technology Corporation (PTC) / Company Profile


Read Software Most Recent Related Newswires:

Korean Retailer Homeplus Optimizes Store Planning with JDA Category Management
IBM and Pfizer to Accelerate Immuno-oncology Research with Watson for Drug Discovery
The VELUX Group to Drive Smart Product Innovation with Implementation of PTC Windchill Across the Enterprise
KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company
Pegasystems Named Silver Winner for Best New Product of the Year in Best in Biz Awards 2016
Kentico Releases its Most Enterprise-Ready Solution Yet
OneLogin Delivers First-Ever Multi-Environment AWS User Resource Provisioning
Mahindra and IBM to Develop Blockchain Solution for Supply Chain Finance
Toyota Motor Corporation Approves Mentor Graphics Volcano™ VSTAR AUTOSAR Stack for Deployment in Toyota Vehicles
Wiley Launches New Spectra Lab Applications to Help Scientists Manage Analytical Data
Earthlite Drastically Simplifies and Expedites Accounts Receivable Analysis with Datawatch Monarch
PTC Achieves AWS IoT Competency Status
Umbra, VM Backup Appliance Based on NAKIVO Backup & Replication, Generates Business for Integrative
SpringCM Chooses Xactly to Increase Data Accuracy and Enhance Sales Compensation Strategy
American Airlines Selects IBM as its Cloud Provide

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)