NEEDHAM, MA – March 2, 2011 – PTC (Nasdaq: PMTC), the Product Development Company®, today announced that in an extensive benchmark process Aston Martin Racing has selected and implemented Creo™ Elements/Pro™ for the 3D CAD design of its racing vehicles and Windchill® for product lifecycle management (PLM) in its race car division.
Aston Martin is the only manufacturer that produces a car to compete in every category of the FIA GT Championship sports car racing series. Models range from modified standard vehicles in the GT4, GT3 and GT2 classes - including the high-performance V12 - to the 6.0 litre 600 BHP DBR9 in the GT1 class and the Le Mans prototype LMP1 Aston Martin.
Aston Martin Racing has moved away from its previous third-party chassis strategy to develop its next generation LMP1 from scratch. This new racing vehicle is now being designed and engineered from the ground up using Creo Elements/Pro and Windchill to manage the development process. In addition to the designers, the purchasing department uses Windchill for its request for quotation process, enabling collaboration with suppliers.
"The PTC solutions have far greater capabilities than our previous toolset,” said Ian Ludgate, Chief Designer at Aston Martin Racing. “Although we are still very early in our learning of the system, we've already seen significant benefits in simple things like mechanism design, which is built into the Creo Elements/Pro toolset and subsequently distributed by Windchill."
"We implemented Creo Elements/Pro to optimize our design process and Windchill to streamline and manage our processes,” said Steve Baker, PLM Specialist at Aston Martin Racing. “To achieve ultimate efficiency, we needed a single, comprehensive PLM system that supports the entire design from early-stage product development to manufacturing. With Windchill, our data will be complete and in one location, which means we will save time by accessing the right data quickly.”
“Aston Martin Racing’s adoption of Windchill is another example of how PTC’s technology is helping high performance automotive companies improve product development processes,” said Sin Min Yap, senior director, market strategy PTC. "Joining PTC automotive customers Hyundai Motor Company, Kia Motors Corporation, Volvo AB, Continental AG, and Schaeffler, Aston Martin Racing recognizes the importance of an open and modular PLM architecture, to design complex products in a heterogeneous environment, while minimizing cost, improving quality and shortening time to market.”
About Aston Martin Racing
Aston Martin Racing is a joint venture between Aston Martin and Prodrive. The team was created in 2004 specifically to design, build and race production-based sports cars in events and championships around the world.
About PTC Solutions for the Automotive Industry
PTC solutions for automotive are designed to meet the product design and product life cycle management needs of both OEMs and suppliers in the automotive industry. PTC provides 3D design, product data management and collaboration solutions to over 1,400 automotive manufacturers, including eight of the top 10 suppliers and three of the top five OEMs.
About PTC
PTC (Nasdaq: PMTC), The Product Development Company®, develops, markets and supports product development software solutions and related services that help companies achieve their product development strategies and optimize their processes. Using the company’s tightly integrated CAD and enterprise PLM solutions, organizations are better able to create and manage product information throughout the lifecycle for optimal product development success.
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The announcement of any particular selection of PTC software is not necessarily indicative of the timing of recognition of revenue therefrom or the level of revenue for any particular period. In addition, in many cases PTC’s software must be successfully implemented and deployed to enable the customer to achieve its business objectives. The announcement of a customer’s selection of PTC software does not indicate that applicable implementation and deployment activities are complete.
PTC, the PTC logo, The Product Development Company, Creo, Elements/Pro and Windchill are trademarks or registered trademarks of Parametric Technology Corporation and/or its subsidiaries in the United States and other countries.