PTC (NASDAQ: PTC), which operates in the UK from its base in Farnborough, has today launched its Windchill+™ product lifecycle management (PLM) software. Viewed by many as the next generation of the company's market-leading Windchill ® software, the new solution is delivered via a modern software-as-a-service (SaaS) architecture and leverages the benefits of SaaS to facilitate greater collaboration around product data to help product development organisations bring their products to market faster. "For more than two decades, many of the world's most sophisticated manufacturing companies have used Windchill to design, develop, and manufacture their products," said Jim Heppelmann, President and CEO of PTC. "Windchill+ unleashes an exciting new future for our Windchill product line, delivering the full digital transformation power of PLM while simplifying deployment, usage, and upgrades through the use of a modern SaaS architecture."