The company went public in 1989 with symbol PMTC. Parametric's revenue grew quickly from $3 million in 1988 to $45 million in 1991. Pro/ENGINEER could recognize a change in a single variable of a design and adjust the rest of the model accordingly. Pro/ENGINEER was the first parametric, feature-based solids modeling CAD software. In 1988, the company unveiled its first Unix-based commercial product called Pro/ENGINEER and soon-after landed John Deere as its first customer. Geisberg worked at software-design providers Applicon and Computervision prior to forming Parametric Technology Corporation in May 1985.
Russian immigrant and mathematician Samuel P. They also do consulting, implementation and training business.
PTC products and services include Internet of things (IoT), augmented reality (AR), and collaboration software.
The company began developing parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for product lifecycle management (PLM) in 1998. The global technology company has over 6,000 employees across 80 offices in 30 countries, 1,150 technology partners and over $1bn in revenue. (formerly Parametric Technology Corporation) is an American computer software and services company founded in 1985 and headquartered in Boston, Massachusetts.
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