Question · Q1 2026
Blair Abernathy asked about new customer interest in PTC's portfolio, specifically if it's skewed towards SaaS products, and requested more details on the success of the startup aerospace and defense program.
Answer
CRO Robert Datta reported an increase in competitive displacements, bringing new logos to PTC, with new customers predominantly adopting cloud environments for reduced complexity and AI advantages. He highlighted positive initial reception for the startup aerospace and defense program, indicating strong positioning to serve both established and emerging players in that sector.
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