|By Business Wire||
|August 4, 2014 05:03 PM EDT||
PTC (Nasdaq: PTC) today announced that CFO Jeff Glidden has notified the Company of his intention to retire in FY’15. PTC will engage an executive search firm to initiate a comprehensive search for Mr. Glidden’s replacement. To ensure a smooth transition, Mr. Glidden will remain in his current role until his replacement has been selected.
James Heppelmann, president and chief executive officer, commented, “Jeff has been a valued member of the PTC executive team since 2010. During that time, we have undergone a significant strategic repositioning of the Company into new growth markets such as ALM, SLM and IoT, grown revenues from approximately $1.0 billion to over $1.3 billion, and improved our non-GAAP operating margin by over 900 basis points. Jeff’s strong financial and operational background and collaborative style have been a valuable asset to PTC, and we wish him the best in his retirement after a long and distinguished career spanning over 40 years.”
Jeff Glidden, chief financial officer, said, “PTC has driven significant value to customers and shareholders over the past few years, and I am proud to have been part of that. Jim and the rest of the management team are incredibly dedicated and I am confident in their shared vision to continue delivering solid operating and financial results.”
As CFO, Mr. Glidden oversees the controller, financial planning, sourcing and facilities, tax, treasury, investor relations, and information technology functions.
PTC and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and in other countries. All other companies referenced herein are trademarks or registered trademarks of their respective holders.
PTC (Nasdaq: PTC) enables manufacturers to achieve sustained product and service advantage. PTC’s technology solutions help customers transform the way they create, operate and service products for a smart, connected, world. Founded in 1985, PTC employs approximately 6,000 professionals serving more than 28,000 businesses in rapidly-evolving, globally distributed manufacturing industries worldwide. Get more information at www.ptc.com.
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of (at least) three separate application components: the software embedded in the device, the back-end service, and the mobile application for the end user’s controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target –...
Sep. 30, 2016 11:15 AM EDT Reads: 1,563
What does it look like when you have access to cloud infrastructure and platform under the same roof? Let’s talk about the different layers of Technology as a Service: who cares, what runs where, and how does it all fit together. In his session at 18th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, an IBM company, spoke about the picture being painted by IBM Cloud and how the tools being crafted can help fill the gaps in your IT infrastructure.
Sep. 30, 2016 11:15 AM EDT Reads: 3,081
Sep. 30, 2016 11:00 AM EDT Reads: 491
Sep. 30, 2016 11:00 AM EDT Reads: 537
Sep. 30, 2016 11:00 AM EDT Reads: 3,987
Sep. 30, 2016 10:45 AM EDT Reads: 2,760
Sep. 30, 2016 10:45 AM EDT Reads: 3,618
Sep. 30, 2016 10:45 AM EDT Reads: 458
Sep. 30, 2016 10:45 AM EDT Reads: 4,478
Sep. 30, 2016 10:45 AM EDT Reads: 758
Sep. 30, 2016 10:30 AM EDT Reads: 3,027
Sep. 30, 2016 10:30 AM EDT Reads: 572
Sep. 30, 2016 10:30 AM EDT Reads: 241
Sep. 30, 2016 10:30 AM EDT Reads: 246
Technology vendors and analysts are eager to paint a rosy picture of how wonderful IoT is and why your deployment will be great with the use of their products and services. While it is easy to showcase successful IoT solutions, identifying IoT systems that missed the mark or failed can often provide more in the way of key lessons learned. In his session at @ThingsExpo, Peter Vanderminden, Principal Industry Analyst for IoT & Digital Supply Chain to Flatiron Strategies, will focus on how IoT de...
Sep. 30, 2016 10:15 AM EDT Reads: 1,296