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Digital Thread

Metaverse Could Grow to $5 trillion by 2030
New research from McKinsey & Company, titled "Value Creation in the Metaverse" examines the global impact of the metaverse across key sectors and businesses.
Aras Platform Helps Make Med Tech Company Faster
Product lifecycle management ensures an efficient, digital R&D workflow, companies report.
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.
Survey Says: Many Employees Mull Leaving Job Due to Lack of Collaboration Tools
Two-thirds of employees (64%) claim that poor collaboration is wasting at least 3 to 5 hours of productivity per week, according to survey.
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.
CAF Deploys Dassault Systèmes’ Platform to Develop Transport Systems
Spain-based supplier of comprehensive transit solutions migrates to the 3DEXPERIENCE platform to improve productivity throughout its value network, company says.
Sunway Communication Partners with BMF
Partnership to focus on development of next-gen antenna.
Hopium Uses Dassault Systèmes’ 3DEXPERIENCE Platform
Plan is for Hopium to design and develop Its hydrogen-powered high-end vehicle, companies say.
IMAGINiT Launches Clarity 2023
This enterprise-level suite of products can improve architecture, engineering and construction firms’ advances in process automation.
PTC and Partner PDSVISION Collaborate with Electrolux
Collaboration will focus on digital transformation.
Kinco Selects Centric PLM for Heavy-Duty Gloves
Kinco expects numerous benefits from Centric PLM, like having all material and product information in one digital hub.
ASME and Black & Veatch Launch Twinify Technologies
Twinify will run via a partnership between the International Society of Interdisciplinary Engineers, a subsidiary of ASME, and Black & Veatch.
Radix Engineering Is a Launch Partner for AWS IoT TwinMaker
Radix found that AWS IoT TwinMaker helps systematically build relationships between engineering documentation, process data, business systems and maintenance systems.
PTC to Buy Intland Software
PTC reports a definitive agreement to acquire Intland Software for approximately $280 million. 



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