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    25 April 2012

    PTC successfully completes the first phase of its biggest PLM implementation in India

    Combat Vehicles Research and Development Establishment (CVRDE), a key laboratory division of DRDO has selected PTC’s Windchill for one of the largest Turnkey PLM project in India
    Bangalore, India – 25th April, 2012 - PTC (Nasdaq: PMTC) today announced the successful implementation of its PLM solution at Combat Vehicles Research and Development Establishment (CVRDE). The successful completion of the first phase of one of the largest PLM implementation projects in India is a commendable milestone for PTC.
     
    Subsequent to a comprehensive benchmark testing and selection process with the software being evaluated over 36 parameters, the Defense Research & Development Organization (DRDO) had selected Windchill, PTC’s Product Lifecycle Management (PLM) software over all the major PLM software providers participating for Combat Vehicles Research and Development Establishment. CVRDE is one of DRDO’s key divisions, responsible for designing, developing and testing of armored fighting vehicles and tanks.  The project comprised of implementation of the hardware, software, training programs and post implementation support along with five years of maintenance.  PTC’s Windchill software was implemented by ITC Infotech, Strategic Services Partner for PTC’s enterprise business market in India.
     
    Commenting on this successful endeavor Mr. Rafiq Somani, Area Vice President and Country Sales Manager, PTC India said “I am glad that CVRDE was convinced that our PLM suit of solution would meet their enterprise requirements. We would like to thank the CVRDE team and ITC Infotech for their incessant support in accomplishing the biggest PLM implementation in India
     
    In a press release with ITC Infotech, Dr. P Sivakumar, Director, CVRDE had mentioned that, "Phase 1 of the implementation has gone live, marking a major milestone for us. We are very impressed with the speed at which ITC Infotech has executed the project, and look forward to their support in making this PLM implementation a huge success."
     
    Ashwani Maheshwari, CEO - India Business, ITC Infotech, said “We are extremely pleased that the DRDO's project has gone live in record time. We have leveraged on our vast experience in Product Lifecycle Management (PLM) and in-depth domain knowledge to successfully reduce CVRDE's design and development cycle time, while also improving the quality of design output and minimizing efforts in Transfer of Technology (TOT) process. Our Partnership with PTC for the last 10 years helped us to implement DRDO’s requirements without much customization and was one of the key factors in delivering the services within the stipulated time.”
     
    About PTC

    PTC (Nasdaq: PMTC) 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.  More information can be found at www.ptc.com.
    Contact(s):
    Surabi  Shetty
    Corporate Voice | Weber Shandwick
    2nd Floor, 2561, HAL 2nd Stage
    Indiranagar, Bangalore- 560008, INDIA
    M +919886927844
    T  +91 80 42451212 (D)
    F  +91 80 25253887
    surabi@corvoshandwick.co.in
    www.cvws.in

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