PTC and Schaeffler Form Strategic Alliance

Schaeffler plans to standardize on PTC solutions for advanced digital capabilities for product development and consolidated IT landscape, the companies note.

Schaeffler plans to standardize on PTC solutions for advanced digital capabilities for product development and consolidated IT landscape, the companies note.

PTC and global automotive and industrial supplier Schaeffler have formed a new alliance that will see Schaeffler standardize on PTC solutions to deploy an integrated, end-to-end IT landscape. Schaeffler will also inform PTC's efforts to develop market-specific standard solutions to meet the needs of automotive and industrial companies.

The new alliance will build on the 20-year relationship based on Schaeffler's use of PTC's CAD and PLM solutions. These tools are designed for the introduction and development of Schaeffler's initiatives for digital twins and for visualization of 3D models, for example those used for augmented reality projects.

The PTC/Schaeffler alliance is designed to accelerate digital transformation initiatives of Schaeffler Roadmap 2025, according to the companies. Image courtesy of PTC/Schaeffler.

Schaeffler plans to leverage PTC's experience and solutions to move from a customized engineering IT environment to using standard applications across the enterprise. This will enable prompt responses to changing requirements in a dynamic environment.

The alliance will focus on the optimization of existing environment, as well as its expansion with projects such as Schaeffler's Enterprise Traceability or Model-Based Enterprise and deeper integration of software development tools. The goal is company-wide integration of software and system development solutions (Application Lifecycle Management and Model-Based Systems Engineering). This also enables improvement in the mapping of systems engineering requirements.

“The alliance with PTC is yet another milestone in our digitization strategy within Roadmap 2025,” says Uwe Wagner, chief technology officer at Schaeffler AG. “End-to-end data models, 3D data, and digital twins are already elementary components of the research and development process for Schaeffler today. The increasing complexity requires consistent IT solutions in all development areas for more innovation, agility, and efficiency.”

“Through our work with Schaeffler, we aim to advance and further develop market-specific digital transformation solutions,” says Jim Heppelmann, President and CEO, PTC.

Sources: Press materials received from the company and additional information gleaned from the company’s website.

More PTC Coverage

Analytics: The Next Piece of the Digitalization Puzzle
Data collection is not enough; companies must have the right framework and tools in place to gain insights and improve operations.
ITC Infotech and PTC Expand Alliance via Acquisition
ITC has purchased much of PTC's PLM business.
PTC Gears Up to Help CUPRA Build Electric Racecar
The CUPRA Racing Team, who also use PTC’s PLM Windchill solution as its main information management system, has used Creo software.
PTC and Partner PDSVISION Collaborate with Electrolux
Collaboration will focus on digital transformation.
Editor’s Picks: May 5-11, 2022
One of the picks will be chosen as DE’s Editor’s Pick of the Week.
PTC Company Profile

Share This Article

Subscribe to our FREE magazine, FREE email newsletters or both!

Join over 90,000 engineering professionals who get fresh engineering news as soon as it is published.


About the Author

DE Editors's avatar
DE Editors

DE’s editors contribute news and new product announcements to Digital Engineering.
Press releases may be sent to them via [email protected].

Follow DE
#26005