Parametric Technology Corporation

And then we just guide them, like it is how you have to export.

And I think now we're trying to, we're trying to see how we could build links where if I use them, like, let's say through like solidworks, like Inventor, or let's say, or like PTC on shape that people use to create the CAD files.

could just export directly from the software down to our software.

Right.

Mike was just named the Emerging Executive of the Year by the Mass TLC.

Victor Gerdes, next to him, is the VP of product management for PTC's Vuforia Studio Enterprise, which is the local software company's solution for building and publishing AR experiences in the enterprise.

Mr. Gerdes has been with PTC for over 20 years, holding multiple leadership positions at PTC.

And then lastly, we have John Warner, who's well known in the local tech scene.

He is the Vice President of Strategic Partnerships at Meta.

Yeah, that's about it.

Excellent.

So, Victor, PTC is better known for its kind of role in the Internet of Things space.

Make better decisions before anything gets built.

So Dr. Florian Haasenetter is senior director and global advisor for the industrial customers at PTC, representing the voice of the customer across the company's PLM portfolio.

He trained as a mechanical and systems engineer at the Technical University of Munich, and he serves on the board of the Industrial Digital Association.

He's here to talk about why the design stage decides the cost of quality and how simulation, field data, and AI are changing what it means to finish a design.

And, uh, I think not connected well enough comes down to, okay, today we need to replace that data connection with, let's say, communication inside of companies.

But still, this is a lot of data that needs to be, let's say, looked through, um, and that is maybe in many companies almost undoable.

I think in the age of AI, we have the opportunity, if we have that digital thread and we bring it together, something what we would cl- state at, at PTC as intelligent product life cycle, is necessary so that you basically can learn, uh, out of all of those data sources, be it with our products or, uh, external other products, have them connected and get that feedback together so that the designer for the next time, uh, for the next iteration or for the correction of maybe the, that, uh, quality cost-heavy part, that he really understands what's really happening there so that he has the data source for it and he's not relying on, let's say, only knowing the people, uh, or people knowing the people who can talk about that.

So digital twin, you know-

The S&P 500 week's change was up 1.2%.

The best performers included PTC Inc., up 35% over the week prior.

And the worst performer was Intel Corporation, down 12.3% from the week before.

Other good strong performers include Crown Castle Inc., Friday's close $79.64 a share, up 19.9%.

Uh, I...

Yeah, the, the big news of the last, is it the last week, I think, at least as far as I could see, was the fact that Schneider wants to buy PTC.

That's the one I saw, mate.

So there were so, so, so many comments.

That was huge.

Yeah.

And now they're gonna add PTC, so yeah.

So along this complete, let's say, uh, life cycle management, the stream, uh, they ha- they are adding now more upstream, I would say.

So, Medic is a framework, qualification framework or conversation framework, you know, depending on how people put it.

And it was created in the 90s, or so I hear, by PTC, Parametric Technology Corporation.

I can't remember what they do.

But, you know, in the 90s, you know, when some of us were, you know, small boys, you know, running around primary school and all that.

Hey everyone, it was a super busy week with news and we missed a lot of it, so we have plenty to cover in this episode.

As an example, Schneider Electric wants to buy PTC for over 22 billion and we will hear Derek's opinion on that.

But also Starbucks is eyeing an acquisition of Chipotle.

Starlink is going after the mobile carriers, and Verizon dropped by 9% intraday.

Where do we start? What do we start with? We start with Schneider Electric, will we? Yeah, let's do it.

Because I know this came up on Discord as well.

And Schneider are looking to buy out PTC.

Two companies that...