- The Quadrant Knowledge Solutions SPARK Matrix™ provides
competitive analysis & ranking of the leading retail product
lifecycle management (RPLM) vendors.
- PTC, with its comprehensive technology for Retail Product
Lifecycle Management (RPLM), receives the highest ratings across
the parameters of technology excellence and customer impact.
MIDDLETON, Mass., April 25, 2024 /PRNewswire/ -- Quadrant Knowledge
Solutions announced today that it has named PTC as the 2024
Outright Leader in the SPARK Matrix analysis of the global Retail
Product Lifecycle Management (RPLM) market.
Quadrant Knowledge Solutions' Retail Product Lifecycle
Management (RPLM) market research includes a detailed global market
analysis, competitive landscape, functional capabilities, and
market trends. It aims to provide strategic information for B2B
technology buyers to enhance their understanding of the Retail PLM
market and support their business growth strategies by evaluating
different vendors' capabilities, competitive differentiation, and
market position.
According to Prakhar Bansal,
Analyst, Quadrant Knowledge Solutions, "PTC's Retail Product
Lifecycle Management solution provides retailers with a
comprehensive, scalable and secure platform to navigate the
complexities of product development, sourcing, and merchandising.
By leveraging PTC's innovative technology, retailers can streamline
processes, enhance collaboration across teams, and accelerate
time-to-market for new products. This integrated approach enables
retailers to make data-driven decisions, improve product quality,
and respond quickly to market demands. PTC's solution
empowers retailers to drive efficiency and innovation throughout
the product lifecycle, ultimately helping them stay competitive in
the rapidly evolving retail landscape." Prakhar added: "With
its support for multiple product categories and brands, and broad
range of use cases, as well as ease of deployment, intuitive user
experience and customer service excellence, PTC has retained its
leadership position in the global Retail Product Lifecycle
Management (RPLM) market."
Bill Brewster, Senior Vice
President & General Manager of PTC Retail PLM shares his
reaction to the win, "We are honored to be recognized as the
Outright Leader in the Retail PLM space, and we owe our
appreciation to the trust and confidence placed in us by our
customers. This is a testament to the fact that the world's leading
retail brands trust PTC as their digital transformation partner. It
keeps us motivated to continue pushing the boundaries with a
best-in-class retail PLM solution. I am very proud of our team's
dedication and their pursuit of technology excellence. Here's to
the exciting journey ahead and to our valued partnership with our
customers."
Quadrant Knowledge Solutions defines a process overseen by a
comprehensive solution that helps retailers collaborate and manage
product development information, thereby optimizing resources and
enhancing product quality and compliance throughout the product
lifecycle. The RPLM solution effectively manages end-to-end retail
processes, such as product ideation, planning, design, development,
sourcing, manufacturing, distribution, and end-of-life phases of
retail products. It also offers organizations comprehensive
visibility of the product development process, supply chain, and
sustainability initiatives, enabling them to align with market
demands and pricing within a stipulated time.
Additional Resources:
- For more information about PTC visit here
- Complimentary Download – SPARK Matrix: Retail Product
Lifecycle Management (RPLM), 2024: Link
- SPARK Matrix: Retail Product Lifecycle Management (RPLM),
2024
About PTC
PTC (NASDAQ: PTC) is a global software company that enables
industrial and manufacturing companies to digitally transform how
they engineer, manufacture, and service the physical products that
the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000
people and supports more than 25,000 customers globally. For more
information, please visit www.ptc.com.
About PTC Retail
PTC leads the PLM industry for retail, footwear, apparel,
and consumer products. Since introducing the world's first
fully-web-based PLM solution, we have become a trusted PLM partner
to over 1,500 iconic consumer brands that use our FlexPLM platform
to create amazing products. Today, in excess of 300,000 people use
PTC FlexPLM on a daily basis – with more than 75,000 of them in the
global supply chain. We support them with a worldwide team of
dedicated retail experts, on the ground in every major fashion hub.
For further information, email retail@ptc.com or
visit: ptc.com | LinkedIn | Instagram |Twitter
Media Contacts:
Coray Thibaut
de Maisieres,
Senior Manager, Corporate Communications
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting
firm focused on helping clients achieve business transformation
goals with Strategic Business and Growth advisory services. At
Quadrant Knowledge Solutions, our vision is to become an integral
part of our client's business as a strategic knowledge partner. Our
research and consulting deliverables are designed to provide
comprehensive information and strategic insights for helping
clients formulate growth strategies to survive and thrive in
ever-changing business environments.
For more available research, please
visit https://quadrant-solutions.com/market-research/
Contact:
Quadrant Knowledge Solutions:
Mr. Ajinkya Ingle
Quadrant Knowledge Solutions
Regus Business Center
35 Village Road, Suite 100,
Middleton Massachusetts 01949
United States
Email: ajinkya@quadrant-solutions.com
Phone: (+1) 978-344-2770
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