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Hot Collaborative Space Gets Hotter

Parametric Technology Corp. is expanding its partnership with professional-services firm Andersen.
Parametric Technology Corp. today announced it's raising its profile in the increasingly competitive collaborative product development market by expanding its partnership with management consulting firm Andersen.

The two companies will work together more closely to implement PTC's Windchill Web-based collaborative product design software within Andersen's customer base of manufacturers and designers, says Anthony DiBona, executive VP of PTC's global business partner group. PTC is a $928 million Needham, Mass., maker of mechanical computer-aided design, manufacturing, and engineering software.

PTC's announcement comes just weeks after EDS launched a new Product Lifecycle Management Solutions business unit using assets from its acquisitions of Unigraphics and Structural Dynamics Research Corp.--both former PTC competitors. EDS, whose A.T. Kearney management-consulting unit in some instances competes with Andersen, anticipates its new business unit will draw about $1 billion in annual revenue.

PTC's Web-based collaborative design software represents more than 20% of PTC's revenue and is growing, according to DiBona.