Member Article

PTC extends strategic partnerships as it commits to Science Based Targets initiative

PTC has announced a raft of new initiatives to boost its environmental sustainability practices at the recent LiveWorx 23.

The digital transformation specialist has signed the Science Based Targets initiative (SBTi) commitment letter, pledging both near-term emissions reductions and long-term net-zero targets.

In addition, the company is expanding its relationships with Ansys and aPriori to support manufacturers’ environmental sustainability goals in the areas of product dematerialisation and manufacturing efficiency.

“PTC’s SBTi commitment is rooted in our belief that it’s the right thing to do as we consider the impacts of climate change,” said Catherine Kniker, Chief Strategy and Marketing Officer at PTC.

“It’s also part of a broader commitment that we’re making with our manufacturing customers, as we’ll reduce our own footprint in a manner that’s consistent with their environmental sustainability goals.”

In parallel with its SBTi commitments, PTC is broadening the ways in which it supports manufacturers’ efforts to reduce the environmental footprint of their products.

Most of this is determined at the design stage, where decisions are made about materials, manufacturability, potential for circularity, and much more.

PTC enables manufacturers to address these footprint considerations with its industry-leading product design and lifecycle management software and through new partner integrations with Ansys and aPriori.

PTC and Ansys, who have been working together for several years on product design and simulation software, will pursue more integrated workflows between PTC’s Creo® computer-aided design (CAD) and Windchill® product lifecycle management (PLM) software with Ansys’ materials information management solution, Ansys Granta MI.

These workflows are expected to make it easier for design engineers to assess how the materials used in a product impact the performance, embodied carbon, and recyclability, enabling our joint customers to develop more sustainable, highly performing solutions.

“We are excited to pursue more integrated materials management and sustainability workflows with PTC, building on the existing Ansys Granta connections to Creo and Windchill,” said Mark Hindsbo, Vice President and General Manager of Product at Ansys.

“These workflows help engineers balance performance and environmental footprint priorities as they design products by providing predictively accurate, traceable, and reliable materials information.”

PTC and aPriori will pursue greater interoperability between Windchill and aPriori’s aP Pro, aP Design, and aP Generate software.

Together, these solutions enable designers to review designs in CAD and PLM and generate reports for part costs, manufacturability, and environmental footprint. If changes are required, aPriori’s software can generate recommendations for improvements for the designers, with this process increasing the likelihood of making changes before excessive costs and footprint are committed.

“Today, manufacturers face constant pressure to simultaneously increase profitability and sustainability,” said Stephanie Feraday, President and Chief Executive Officer at aPriori.

“We are uniquely positioned to provide automated manufacturing insights to help cut costs, reduce carbon emissions, and improve productivity from early product design through production.

“Expanding our relationship will help PTC customers capitalise on the full breadth of our capabilities and their PTC investments, in order to make product decisions quickly and confidently.”

“Environmental sustainability is a top priority for many manufacturing companies, and we believe that PTC and partners like Ansys and aPriori have meaningful roles to play in reducing the overall footprint of the products that we use every day,” continued Kniker.

“This is a real market opportunity for PTC, our partners, and our customers, but more importantly it’s meaningful work that impacts more than just business.”

PTC ran a dedicated track for environmental sustainability at LiveWorx® recently. This included Catherine Kniker’s track spotlight presentation titled, “Tangible Strategies for Improving Product Sustainability”.

For further information, please visit www.ptc.com or follow @ptc.com on twitter.

This was posted in Bdaily's Members' News section by Russ Cockburn .