John McEleney, PTC | Onshape Innovation For Good
Channel: SiliconANGLE theCUBE
Date: 10/12/2020

John McEleney, Corporate Vice President of Strategy, PTC joined theCUBE's Dave Vellante at Onshape Innovation For Good

#theCUBE #PoweringInnovation #PTC

https://siliconangle.com/2020/12/15/risk-taking-still-drives-onshapes-transformation-of-the-cad-software-industry-poweringinnovation/

IoT-driven future
More than a year after its acquisition by PTC, what does the future hold for Onshape? McEleney, a co-founder of Onshape with Hirschtick, foresees plenty of opportunity with PTC’s large enterprise customer base.

He doesn’t envision a wholesale replacement of existing solutions by PTC customers but rather a growth in device-based technologies that will require careful collaboration and versioning to keep track of important steps.

“They have access to lots of other technologies like the internet of things business and the augmented reality business to which we can bring things to bear,” McEleney said. “They now have to manage multiple versions, and that’s what Onshape is really great at doing.”

Hirschtick offered a couple of hints around Onshape’s future role based on recent acquisitions made by PTC. The company bolstered its portfolio in generative design through the acquisition of Frustum Inc. in 2018, and this month it announced the purchase of Arena Solutions Inc., a SaaS product lifecycle management platform.

“PTC owns one of the best in the business, this Frustum technology, and we’re working on putting that into Onshape,” Hirschtick said. “We have an enormous opportunity to add more features and functions. The plan is to go, go, go and grow, grow, grow.”