TechWatch

PTC hits rough road

PTC has been very optimistic about its transition to subscription and its concurrent development of new business. Unfortunately for the third quarter of 2019, the company’s executive team had to do a lot of fairly excruciating explaining when the company’s sales failed to meet the company’s projections.    PTC doesn’t hold back on data. In fact, they have the opposite ...

Kathleen Maher

PTC has been very optimistic about its transition to subscription and its concurrent development of new business. Unfortunately for the third quarter of 2019, the company’s executive team had to do a lot of fairly excruciating explaining when the company’s sales failed to meet the company’s projections.    PTC doesn’t hold back on data. In fact, they have the opposite problem. They provide an eye-glazing amount of detail. The company’s reports have been complicated since October 2018 when they adopted ASC 606 revenue reporting standards and began the transition to subscription revenue. As a result, the company started reporting according
...

Enjoy full access with a TechWatch subscription!

TechWatch is the front line of JPR information gathering service, comprising current stories of interest to the graphics industry spanning the core areas of graphics hardware and software, workstations, gaming, and design.

A subscription to TechWatch includes 4 hours of consulting time to be used over the course of the subscription.

Already a subscriber? Login below

This content is restricted

Subscribe to TechWatch