Parametric Technology Corporation (PTC) is a U.S.-based company that develops, markets and supports software for product development. Its main products are for CAD/CAM

Cam

A cam is a rotating or sliding piece in a mechanical linkage used especially in transforming rotary motion into linear motion or vice-versa. It is often a part of a rotating wheel or shaft that strikes a lever at one or more points on its circular path...

, engineering calculations, and product lifecycle management

Product lifecycle management

In industry, product lifecycle management is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal...

. Its customers include companies in manufacturing, publishing, services, government and life sciences industries. PTC is listed in the S&P Midcap 400

S&P 400

The S&P 400 MidCap Index, more commonly known as the S&P 400, is a stock market index from Standard & Poor's.It covers roughly the mid-cap range of US stocks.-Investing:The following ETFs attempt to track this index and sub-indexes:*Index Fund: &...

. It is also in the Russell 2000

Russell 2000

The Russell 2000 Index is a small-cap stock market index of the bottom 2,000 stocks in the Russell 3000 Index.The Russell 2000 is by far the most common benchmarkfor mutual funds that identify themselves as "small-cap",...

 index. Its tagline is "The Product Development Company."
PTC has five core product families: Creo

Creo (design software)

Creo is a family or suite of design software supporting product design for discrete manufacturers and is developed by PTC. The suite consists of , each delivering a distinct set of capabilities for a user role within product development....

 (comprising products formerly known as Pro/ENGINEER

Pro/ENGINEER

Creo Elements/Pro, a product formerly known as Pro/ENGINEER is a parametric, integrated 3D CAD/CAM/CAE solution created by Parametric Technology Corporation . It was the first to market with parametric, feature-based, associative solid modeling software...

, CoCreate

CoCreate

Creo Elements/Direct is computer-aided design and product data management software.Creo Elements/Direct products, 2D CAD , 3D CAD, and PDM were first developed by the Hewlett-Packard Mechanical Design Division in the mid-80s and early-'90s...

, and ProductView

ProductView

Creo Elements/View, a product formerly known as ProductView is a suite of digital mockup and product visualization software applications from PTC.- History :...

), Windchill, Arbortext, Mathcad

MathCad

Mathcad is computer software primarily intended for the verification, validation, documentation and re-use of engineering calculations. First introduced in 1986 on DOS, it was the first to introduce live editing of typeset mathematical notation, combined with its automatic computations...

, and Integrity

MKS Integrity

MKS Integrity now a PTC product is a system and software lifecycle management and application lifecycle management platform developed by MKS Inc. and was first released in 2001. The software is client/server, with both desktop and web client interfaces...

.

Initially, PTC was company formed around achieving hardware independence for Pro/ENGINEER.