PTC and Volvo Group announce digital engineering collaboration

lars

PTC and the Volvo Group announced 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 world-class 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.

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.

“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.”

Jim Heppelmann

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.

“By aligning with PTC around the CAD platform, we will work together to create a 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,” says, Lars 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 & 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.”

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

RECENT ARTICLES

Workz debuts unrestricted IoT device management

Posted on: May 3, 2024

Workz, a cloud-based eSIM vendor, has launched its new remote device management solution designed for the Internet of Things (IoT) industry. The platform eliminates the restrictions associated with traditional technologies

Read more

Itron improves Temetra platform for water utilities in Australia and New Zealand

Posted on: May 2, 2024

Itron expands the capabilities of its Temetra platform in Australia and New Zealand to include NB-IoT communications, enabling digital transformation for water utilities. Temetra’s comprehensive offering includes metre data processing,

Read more
FEATURED IoT STORIES

What is IoT? A Beginner’s Guide

Posted on: April 5, 2023

What is IoT? IoT, or the Internet of Things, refers to the connection of everyday objects, or “things,” to the internet, allowing them to collect, transmit, and share data. This

Read more

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into

Read more