The “Industrial Internet” rapidly increases the complexity of creating ever smarter, connected products. By closing the loop between early-stage engineering design activities, production processes on the plant floor and the service organization, manufacturers can reduce errors, increase flexibility in how they manage late-stage engineering changes, reduce work-in-process, and, ultimately, accelerate new product introductions.“The seamless flow of information across a discrete manufacturing organization, from design to manufacturing to service, is the dream of all executives,” said Jim Heppelmann, president and CEO, PTC. “That dream becomes a reality with the GE-PTC solution and we are excited to be deepening our relationship with GE to address a real market need.” Additional Resources www.ptc.com. About GE GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com. Forward Looking Statements and Risks Statements in this press release about the expected combination of the solutions, including any features or functionality or the timing thereof, are forward-looking statements and actual results may differ materially as a result of changes or delays in the integration of the solutions.
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