PTC offers engineering math server to provide anywhere, anytime access while protecting company intellectual property

NEEDHAM, Mass. — (BUSINESS WIRE) — January 19, 2016 — PTC (Nasdaq: PTC) today announced the release of PTC Mathcad® Gateway solution. With one million licenses sold of PTC Mathcad engineering software, PTC Mathcad Gateway combines the power of PTC Mathcad with the ability to access calculations anywhere, anytime from a wide variety of devices. The solution offers a server that enables universal access to those who work with engineering calculations while still protecting corporate intellectual property.

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Engineering companies that have adopted standardized calculation best practices often want to distribute certified calculations to every user who needs the information but without exposing sensitive and valuable intellectual property (IP). The PTC Mathcad Gateway solution was developed to be platform independent, giving users the ability to calculate results while restricting access to the methodologies and algorithms used to content administrators.

“We are very pleased to launch PTC Mathcad Gateway,” said Brent Edmonds, senior director, PTC Mathcad. “This release delivers a solution that allows companies to share vital engineering calculations and design intent across the business but with greater confidence that valuable IP is protected and used consistently. With PTC Mathcad Gateway we give users the ability to access calculations anywhere, anytime from a wide variety of devices using a secure math server that offers a universal, single point of access.”

Key features of PTC Mathcad Gateway include:

• IP Protection. Enable users to leverage the power of engineering calculations without unauthorized access or distribution.
• Universal Access. Give teams the opportunity to have a full authorization to run a certified calculation scenario on a wide variety of devices.
• Certified Calculation Hub. Enable teams to standardize approved calculations across and beyond an organization.

“PTC Mathcad Gateway will allow us to share important steps in our design best practice with customers, without exposing our critical calculation information. The ability to access these calculations via a browser will help our customers choose the right product based upon their specific requirements,” said Garry Morgan, structural engineer, Kingspan Limited.

“The PTC Mathcad engineering math software has long served engineers as a powerful calculation tool tailored to their specific needs,” said Bruce Jenkins, president, Ora Research. “PTC Mathcad Gateway offers engineering organizations a straightforward yet secure way to standardize engineering calculations, enabling them to enforce best practices and share certified corporate IP across workgroups, departments and enterprises. Add to this the ability to allow universal access to Mathcad calculations from a wide variety of devices, and the value of this solution becomes apparent.”

Availability

PTC Mathcad Gateway is now available for purchase. Contact a PTC Mathcad Expert today.

Additional Resources

• PTC Mathcad Gateway – Resource Center
• ThingEvent – Join us online to a worldwide live stream launch event to see how augmented reality is completely changing the way things are seen in the Internet of Things.
• LiveWorx® 2016 – PTC is merging PTC Live Global and LiveWorx. Gain practical insights to overcome today’s product development and service challenges and to integrate IoT into the next generation of things – all in one industry-leading event. June 2016.

About PTC

PTC (NASDAQ: PTC) is a global provider of technology platforms and solutions that transform how companies create, operate, and service the “things” in the Internet of Things (IoT). The company’s next-generation ThingWorx® technology platform gives developers the tools they need to capture, analyze, and capitalize on the vast amounts of data being generated by smart, connected products and systems. The company’s field-proven solutions are deployed in 26,000 businesses worldwide to generate a product or service advantage. PTC’s award-winning CEO, considered an industry thought leader, co-authored the definitive guides to the impact of the IoT on business in the Harvard Business Review.

The release of the PTC Mathcad Gateway solution may not generate the revenue we expect and the release of any PTC product is not necessarily indicative of revenue for any particular period.

PTC, the PTC logo, ThingWorx, LiveWorx, and Mathcad are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.

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