- ALM to enable more efficient engineering practices inside
the Volkswagen Group
- Codebeamer to be adopted by Volkswagen Group teams for
software requirements, test, and release management
- Use of Codebeamer by Volkswagen Group is expected to
inform future roadmap priorities and requirements for the
automotive industry
BOSTON, Oct. 31,
2023 /PRNewswire/ -- PTC (NASDAQ: PTC) today
announced that it has established a strategic supplier relationship
with Volkswagen Group, focused on the adoption of PTC's
Codebeamer® application lifecycle management (ALM)
solution to support the software development for the next
generation of electric vehicles from the Volkswagen Group and its
brands. Codebeamer is expected to enable greater efficiencies in
Volkswagen Group's engineering practices for software requirements
management, test management, and release management as part of new
electric vehicle development. As the relationship progresses, PTC
and Volkswagen Group expect to scale the use of Codebeamer across
multiple Volkswagen Group engineering teams to support the software
development process.
"Volkswagen Group and its portfolio of brands produce some of
the most iconic vehicles in the automotive industry, and PTC is
thrilled to support their software development and electrification
strategy with Codebeamer," said Jim
Heppelmann, Chairman and CEO, PTC. "Our close collaboration
with Volkswagen Group will advance PTC's efforts to make Codebeamer
the leading ALM solution for the automotive industry. We look
forward to working with Volkswagen Group on the successful adoption
of Codebeamer to enable more efficient electric vehicle engineering
practices."
An ALM solution like Codebeamer is an important tool for
enabling the efficient development of software and to help ensure
that the software components for different vehicles are planned,
tested, and released. PTC will work collaboratively with Volkswagen
Group on the transition to Codebeamer from pre-existing ALM tools
and on the definition and implementation of software best practices
for the automotive industry. Volkswagen Group's use of Codebeamer
is expected to inform future Codebeamer roadmap priorities and
requirements to enable PTC to gain ALM market share in the
automotive industry.
"Software and electrification represent the future of the
automotive industry, and Volkswagen Group is harnessing the two
together to better meet the expectations of customers and provide a
superior driving experience," said Klaus Blüm, Head of Volkswagen
Group IT Products & Architecture. "Volkswagen Group views PTC
as a strategic supplier for our Group-wide product development
strategy, and we look forward to our work together to make
Codebeamer a successful tool for our software development and
vehicle engineering teams."
About PTC
PTC (NASDAQ: PTC) is a global software company that enables
industrial and manufacturing companies to digitally transform how
they engineer, manufacture, and service the physical products that
the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000
people and supports more than 30,000 customers globally. For more
information, please visit www.ptc.com.
Media
Greg Payne
gpayne@ptc.com
Investors
Matt Shimao
mshimao@ptc.com
PTC, Codebeamer, and the PTC logo are trademarks or
registered trademarks of PTC Inc. and its subsidiaries in
the United States and other
countries.
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SOURCE PTC Inc.