PTC Inc at Morgan Stanley Technology, Media & Telecom Conference Transcript

Mar 08, 2023 / 07:35PM GMT
Brett K. Klein - Morgan Stanley - MD

Good. We got the spotlights blinding us up here. Thanks a lot for everyone being here today. I'm Brett Klein from the Morgan Stanley Technology Investment Banking team. Thrilled to have on stage with me Jim Heppelmann, CEO of PTC.

Questions and Answers:

Brett K. Klein - Morgan Stanley - MD

Jim, you recently hit over 12 years at PTC, spend action pack, taking PTC from a leading provider of PLM and CAD. You've done a recurring revenue transition. You've expanded into industrial IoT, augmented reality, you've led the SaaS transformation in your category. And the Board just re-upped you for 3 years. What do you see today at PTC that has you so excited for the future?

James E. Heppelmann - PTC Inc. - CEO, Member of National First Executive Advisory Board & Director

Yes. I mean there's a lot to be excited about. As you know, we've become one of the fastest growers in the sector, especially by this metric of recurring software revenue, or ARR. We are becoming one of the highest
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