Innovate at PTC: A Framework for Innovation Realized

December 9, 2024
For nearly 40 years, PTC has consistently innovated in the product development space. The world’s best companies that design, make, and service products rely on PTC technologies, including 95% of the Fortune 500 discrete manufacturing companies. Our purpose at PTC is to do more than just imagine a better world, it’s to help create it.
Innovate at PTC: A Framework for Innovation Realized

At PTC, we are driven to innovate across every team and celebrate both big ideas and small continuous improvements. In 2020, the Innovate at PTC program was launched as a testament to our commitment to fostering an innovative culture, providing infrastructure and support to develop ideas in a thriving ecosystem where employees can test new theories beyond departmental boundaries.

The initiative has rapidly evolved into a dynamic hub of imagination that allows individuals to make a direct and profound impact. We’re focused on quickly delivering quality solutions that enhance customer value. At its core, the program encourages curiosity and risk-taking among employees, empowering them to identify opportunities and pitch their visionary ideas.

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"We create the products, partnerships, and technology to deliver the solutions the world relies on. We take great pride in that. It’s a testament to our ability to think beyond today’s challenges, operating with a solution-oriented mindset as they arise," says Ziv Belfer, Executive Vice President of R&D at PTC. "We have an opportunity to propel the industry forward while enabling our employees to exceed even their own expectations."

Celebrating big ideas and small continuous improvements

Innovation cycles last about eight months, welcoming ideas across the organization that are sponsored by a business lead, helping teams think critically about technical decisions.

Focus areas have included cybersecurity, artificial intelligence, generative design, augmented reality, sustainability and more. 

Since the program’s inception, 93 unique innovations have been created and over 1,000 PTC employees have contributed to bringing these innovative ideas to life, taking the opportunity to meet new people and build up skills while bringing an idea from inception to reality. Some participants have gone on to step into leadership roles, directing the work of others and making an important step forward in their careers.

We are excited about the future and invite you to stay tuned as we continue to share insights into the program, its participants, and the innovative ideas that push us to think well beyond the cutting edge. If you would like to learn more about Innovate at PTC, tune into PTC’s social media channels and connect with Program Lead Ben Shani on LinkedIn.

PTC Blog Author For nearly 40 years, PTC has consistently innovated in the product development space. The world’s best companies that design, make, and service products rely on PTC technologies, including 95% of the Fortune 500 discrete manufacturing companies. Our purpose at PTC is to do more than just imagine a better world, it’s to help create it.

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