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PTC Inc. (formerly Parametric Technology Corporation) is an American computer software and services company founded in 1985 and headquartered in Boston, Massachusetts.The company was a pioneer in parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for Product Lifecycle Management (PLM) in 1998.
One goal of CAD is to allow quicker iterations in the design process; [9] another is to enable smoothly transitioning to the CAM stage. [10] Although manually created drawings historically facilitated "a designer's goal of displaying an idea," [11] it did not result in a machine-readable result that could be modified and subsequently be used to directly build a prototype. [12]