The overall impression that I got about PTC during the two day Creo launch event in Dubai organized by WorkLogix Middle East was that the company is on a roll. Here is a slide from one of the presentations that pretty much sums it up.
There are some who are of the opinion that PTC is surviving by milking their existing customer base. But the company claims to be adding more than 4,000 customers every year and is currently displacing more than 200 competitors in large enterprises. Of course, I wouldn’t expect PTC to mention how many customers it is losing, if any. 😉
I had some close conversations with PTC employees and the folks at WorkLogix during the event. The were all raving about how Creo is changing their fortunes. Apparently what PTC said would happen is now happening. At least in the middle east.