PTC and Volvo Group Form Digital Engineering Collaboration

PTC and the Volvo Group announce plans to further increase collaboration around digital engineering. Volvo Group has decided to unify its CAD platforms, which positions PTC’s products to serve as the primary CAD and PLM solutions used in the Volvo Group for complete vehicle design. 

This solution, which will leverage the full capabilities of PTC’s Windchill product lifecycle management (PLM) software and Creo computer-aided design (CAD) software, is designed to promote collaboration across Volvo Group’s PLM and CAD functions and increase the reuse of digital product data across the Volvo Group, the companies report.

Volvo Group, which offers trucks, buses, construction equipment and power solutions for marine and industrial applications, embarked on a strategy to transform its IT architecture by consolidating PLM and CAD platforms to enable better leverage of product data across the value chain, the company notes. 

“Using one PLM and CAD platform will act as a key enabler in our digital engineering transformation,” says Lars Stenqvist, CTO at Volvo Group. “Leveraging this foundation, we see great possibilities in connecting PTC’s IOT and AR solutions into our digital thread strategy.” 

“By aligning with PTC around the CAD platform, we will work together to create a world-class capability that we expect will be a competitive advantage for years to come as we pursue the future landscape of sustainable transport and infrastructure at Volvo,” adds Stenqvist.

“By working together on a common vision, we have driven important improvements to the PTC product suite, and important improvements in enabling Volvo Group to bring great products to market,” says Jim Heppelmann, president and CEO, PTC. “We are pleased to be a partner of choice for Volvo Group across its product development teams. The digital engineering approach that we will achieve together will serve as an example to companies around the globe.” 

Sources: Press materials received from the company and additional information gleaned from the company’s website.

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