Volvo Group selects PTC as strategic partner for PLM solution
May 27, 2009 (Datamonitor via COMTEX) --
Company: Volvo AB (VOLVY)
The Volvo Group has selected PTC, a US-based provider of product lifecycle management solutions, as a strategic partner for the Volvo Group PLM solution.
James Heppelmann, president and COO of PTC, said: "We know that the selection of a single strategic partner for such an important product lifecycle management (PLM) solution is not an easy decision. Volvo Group has performed a comprehensive and extensive selection process and benchmark of leading PLM vendors and solutions.
"We are very satisfied that PTC in the end came up with the most convincing solution that best serves Volvo Group's business needs. This selection underscores PTC's strength in the product development industry and we look forward to continuing a long-term strategic partnership with the Volvo Group."
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Company: Volvo AB (VOLVY)
Related terms: business, partnership, president
