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Stock impact report

Will PTC's AWS Partnership to Enhance Onshape Drive Stock Upward? [Yahoo! Finance]

PTC Inc. (PTC) 
Last ptc inc. earnings: 4/29 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.ptc.com
Company Research Source: Yahoo! Finance
PTC Inc. PTC has inked a Strategic Collaboration Agreement with Amazon Web Services (“AWS”) to boost the growth of its Onshape solution. This collaboration aims to enhance Onshape's capabilities, promote customer adoption and advance AI initiatives, all intended to help designers and engineers create high-quality products more swiftly and efficiently. Onshape is PTC's inaugural cloud-native product development platform that provides professional-grade CAD capabilities alongside advanced product data management, enabling agile design processes at reduced costs. With Onshape, users can rapidly innovate while collaborating with stakeholders in real-time or asynchronously from any web-connected device. The Onshape team will partner with AWS on key product and go-to-market initiatives, including the Onshape Discovery Program, which enables qualified users to try Onshape Professional free for up to six months. This program enables engineering teams to experience the platform's unique s Show less Read more
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