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PTC Strengthens ALM Portfolio with Innovative Solutions

In a significant move for enterprise application lifecycle management, PTC (NASDAQ: PTC) has unveiled the latest enhancements to its ALM portfolio. The introduction of Codebeamer® 3.3, Codebeamer AI 1.2, and Pure Variants™ 7.3 aims to tackle pressing challenges faced by engineering teams in managing product variants and configurations effectively.

PTC's ALM suite has established itself as a leader in managing software development and requirements across various sectors, including automotive, medtech, federal, aerospace, and defense. With the new releases, PTC not only reinforces its position but also expands its capability to manage increasing product complexity while maintaining higher standards of quality.

Addressing Engineering Challenges

As noted by Enrique Krajmalnik, General Manager of ALM at PTC, the current engineering landscape requires teams to juggle numerous product configurations. The struggle to keep variations consistent and retrieve information quickly can slow down innovation and development processes. "Every hour spent untangling a merge or hunting for a requirement is time not spent building better products," he stated.

The new solutions deliver critical functionalities designed to mitigate these challenges:

• - Codebeamer 3.3 introduces Delta Merge, which streamlines the configuration management process by automatically applying approved changes across related product variants. This eliminates the tedious task of manual application, allowing engineers to focus on creative problem-solving rather than administrative tasks. Additionally, a new Streams Tab enables the tracking of variant lines, complemented by role-based Stream Management Permissions for better governance of the approval process.

• - Codebeamer AI 1.2 features a revolutionary AI Search Assistant that utilizes semantic search capabilities to provide more accurate and contextually relevant results. By understanding the intent behind queries, this AI-powered tool helps teams locate essential information swiftly, enhancing overall efficiency in data retrieval. Furthermore, the introduction of a new Indexing Service gives regulated industries greater control over their data processing practices, aligning with compliance standards.

• - Pure Variants 7.3 enhances the way teams handle product configurations by allowing for rapid Stream Transformation. This feature converts configured product variants into a cohesive working set, automatically updating any linked requirements to reflect the variant's unique attributes instead of requiring repetitive manual adjustments. This streamlined process significantly reduces the potential for errors and saves valuable time in requirement management.

Driving Intelligent Product Lifecycle Management

With these innovations, PTC is propelling its vision of Intelligent Product Lifecycle Management forward. By building a strong product data foundation, organizations can derive greater value from their data, thereby accelerating their journey toward AI-driven transformation. Utilizing advanced product data will enable manufacturers to bring superior products to market more swiftly, effectively manage complexity, and adhere to regulatory guidelines.

The transformation brought forth by these features is critical in today’s fast-paced and demanding production environment. By using products like Codebeamer and Pure Variants, companies can enhance their operational efficiencies, improve product quality, and better align with market requirements and consumer expectations.

For more information on these exciting releases and how they can revolutionize your engineering processes, visit www.ptc.com/en/products/codebeamer/whats-new.

PTC is committed to empowering manufacturers and product companies to adapt to evolving market needs through innovative technology solutions. As the world increasingly relies on sophisticated products, PTC continues to be at the forefront, delivering essential tools for thriving in a complex landscape.