Parametric Technology Corporation develops, markets, and supports product lifecycle management (PLM) software solutions and related services enabling companies that enhance their product development processes. The companys portfolio of PLM solutions primarily include MCAD solutions, such as Pro/ENGINEER, a family of three-dimensional product design solutions based on a parametric, feature-based solid modeler that enables changes made during the design process to be associatively updated throughout the design; CoCreate, a family of CAD, PDM, and collaboration software that enables customers pursuing a design strategy to meet short design cycles and to create one-off product designs; Mathcad, an engineering calculation software solution that combines a computational engine, accessed through conventional math notation, with a full-featured word processor and graphing tools; and Arbortext products.Parametric Technology Corporation also offers data management and collaboration solutions consisting of Windchill, a family of Internet-based content and process management solutions for managing data and relationships, processes, and publications; Arbortext solutions that enable the customers to manage information assets and to streamline their product information delivery processes; and ProductView solutions, which enable enterprise-wide visualization, verification, annotation, and automated comparison of various product development data formats, including MCAD (2D and 3D), ECAD, and documents. It sells its products through its sales force and third-party resellers. The company was founded in 1985 and is headquartered in Needham, Massachusetts.
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