PTC and ITC Infotech announced an agreement to accelerate customer digital transformation initiatives, focused on the adoption of PTC’s Windchill product lifecycle management (PLM) software as a service (SaaS). ITC Infotech will acquire a portion of PTC’s PLM implementation services business and create a new business unit of ITC Infotech, called DxP Services, that will combine PLM professional services experts from both companies.

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