PTCand the Volvo Group on Monday announced plans to increase collaboration around digital engineering further.
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.
The 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 significantly increase the reuse of digital product data across the Volvo Group.
In addition to transforming its product innovation process, Volvo Group seeks to shape the transportation industry's future with technology and systems solutions that are safer, cleaner, and more efficient.
Volvo Group, which offers trucks, buses, construction equipment, and power solutions for the marine and industrial applications, embarked on a strategy to transform its IT architecture by consolidating PLM and CAD platforms to better leverage product data across the value chain.
Lars Stenqvist, CTO, Volvo Group, said, 'Using one PLM and CAD platform will act as a key enabler in our digital engineering transformation. Leveraging this foundation, we see great possibilities connecting PTC's IoT and AR solutions into our digital thread strategy. Furthermore, 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.'
Jim Heppelmann, President & CEO, PTC, said, '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. In addition, the digital engineering approach that we will achieve together will serve as an example to companies around the globe.'