PTC Provides PLM Core while Advancing Lufthansa’s Smart Factory with IoT
BOSTON — (BUSINESS WIRE) — June 7, 2019 — PTC (NASDAQ: PTC) today announced that Lufthansa Technik Group has selected the Windchill® Product Lifecycle Management (PLM) and the ThingWorx® Industrial Internet of Things (IIoT) platforms as the core technology to digitally transform its product development and engineering processes.
Windchill will serve as the engineering backbone, enabling R&D and manufacturing to work concurrently and improve collaboration both internally and among its many suppliers. Windchill’s secure data repository will also help ensure that Lufthansa Technik’s intellectual property is protected across its global supply chain. ThingWorx will enable Lufthansa Technik to monitor its workshops, advance automation, and increase data-driven decision making. Together, Windchill and ThingWorx will enable the Group to significantly increase the level of digitalization within its processes, improve interfaces between customers and suppliers, and create new innovative digital business models to generate new revenue streams.
“Lufthansa Technik stands for state-of-the-art workmanship and the very best quality. The magnitude of our organization combined with the complexity of the processes and projects we drive, made the dedicated step to across-the-board digital transformation imperative,” said Dr. Severin S. Todt, senior director IT completion and design solutions, Lufthansa Technik AG. “Lufthansa Technik carried out a comprehensive and extensive evaluation of competitive PLM and IoT systems before selecting PTC. The Group chose PTC technology based on its world-class architecture and the seamless integration between Windchill and ThingWorx. Combined, the robust data management backbone and award-winning IIoT platform will enable a new level of collaboration both internally and externally, protect our IP, and help us measure and maintain the highest possible quality at all times. The PTC Customer Success program provided great support during our first IoT projects and supplied us with technical expertise as needed from highly skilled technical experts. With guidance from PTC’s Customer Success organization, we were able to smoothly reach our project goals on time.”
“Enabling digital transformation for the Aerospace and Defense market is a major focus for PTC. We’re proud to be working with Lufthansa Technik as they embark on their transformation journey,” said Kevin Wrenn, divisional general manager, PLM segment, PTC. “This world-class organization’s selection of Windchill and ThingWorx is indicative of large enterprises favoring scalable, out-of-the-box solutions that connect well with other enterprise domain systems in an open, modern architecture.”
About Lufthansa Technik Group
With some 35 subsidiaries and affiliates, the Lufthansa Technik Group is one of the leading providers of technical aircraft services in the world. Certified internationally as maintenance, production and design organization, the company has a workforce of more than 25,000 employees. Lufthansa Technik’s portfolio covers the entire range of services for commercial and VIP/special mission aircraft, engines, components and landing gear in the areas of digital fleet support, maintenance, repair, overhaul, modification, completion and conversion as well as the manufacture of innovative cabin products. For more information, visit us at www.lufthansa-technik.com. Follow Lufthansa Technik on Twitter: @LHTechnik, on Facebook: LufthansaTechnikGroup, on Instagram: LHTechnik, on LinkedIn: Lufthansa Technik AG, and Youtube: LufthansaTechnikGroup
About PTC (NASDAQ:
PTC unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation.
The announcement of any selection or implementation of PTC products is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period.
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