The first part of that solution refers to Onshape, a cloud CAD platform that PTC purchased in October 2019 for $470 million. It was a surprising move, especially considering that Onshape was struggling to capture paying users. But Onshape offered PTC two things it needed: one, a mid-market CAD solution, and two, a foothold in the SaaS world. PTC CEO Jim Heppelmann is using that foothold to climb straight to the cloud.