Greaves Cotton Expands Adoption of PTC’s Windchill for PDS

NEEDHAM, MA, Feb 17, 2010 – PTC (NASDAQ:PMTC), the Product Development Company, today announced that Greaves Cotton Limited, a leading manufacturer of industrial products has chosen to expand enterprise wide adoption of PTC’s Windchill across all four business units – Gasoline/Diesel Engines, Diesel Gensets, Automotive Engines, Agro Equipment and Construction Equipment. Windchill will be used to streamline and optimize Greaves Cotton’s product development processes. Greaves Cotton is an existing customer of the PTC Product Development System (PDS), using Pro/ENGINEER for CAD/CAM/CAE, Arbortext for Service Information Delivery and Mathcad for Engineering Calculations.

The expanded deployment of Windchill will enable Greaves Cotton to reduce time to market for its products, provide tighter communication between Research & Development and Manufacturing and be more responsive to customers’ changing requirements. Additionally, Greaves is considering implementing an integration between Windchill and the company’s Enterprise Resource Planning solution from SAP to increase the rate of innovation and new product development, optimize product development processes and enhance overall product quality.

“We conducted a detailed evaluation of our business needs and available product lifecycle management solutions in the market, and finally selected Windchill based on its integral architecture, interoperability with legacy and competitive systems, and robust capabilities, along with PTC’s technical support and services strengths. This adoption of Windchill will strengthen alignment between our product development capabilities and our business strategies, enabling Greaves Cotton to achieve our corporate and long term objectives, such as process optimization, innovation and globalization,” said Mr. Thomas Furtado, Group General Manager – Marketing Services, Greaves Cotton Limited.

“PTC has continued to invest in Research & Development, making key strategic acquisitions and forging strategic partnerships to provide customers with a comprehensive integrated product development solution built on Windchill integral architecture said Robert Kocis, Senior Divisional Vice President, Worldwide Channel Sales, PTC. “We are happy to broaden our partnership with Greaves Cotton, a strategic global customer, and believe that its expanded deployment of Windchill and the PDS to increase operational efficiencies will help Greaves strengthen its competitive advantage.”

About Greaves Cotton Limited

Greaves Cotton Limited, a multi-product, multi-location company is one of the leading engineering companies in India, with core competencies in diesel / gasoline engines and construction equipment. Greaves Cotton sustains its leadership through nine manufacturing units which produce world class products backed by comprehensive marketing and service / parts network. The Company’s manufacturing operations are supported by its own full fledged R&D capabilities.

For more information on Greaves Cotton, visit http://www.greavescotton.com.

Source: PTC

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