PTC is a global software company that provides a portfolio of digital solutions. Co. has two product groups: Computer-Aided Design (CAD) and Product Lifecycle Management (PLM). Products designated as CAD refer to software used for product data authoring. Products designated as PLM refer to software used for product data management and process orchestration. Co.'s products and services include: Windchill® PLM application suite, which manages various aspects of the product development lifecycle by enabling a digital thread of product parts, materials, and configuration information; and Creo® 3D CAD technology, which enables the digital design, testing, and modification of product models.