PTC announced a new partnership with HOLON, a subsidiary of the BENTELER Group, to deploy its Windchill+ SaaS product‑lifecycle‑management platform in the development of a Level‑4 autonomous electric vehicle. The deal marks the first time Windchill+ is being used in an automotive‑standard autonomous program, underscoring PTC’s ability to support complex, software‑defined product development at scale.
HOLON’s upcoming urban vehicle will be built on a flexible production concept that allows multiple variants to share a single assembly line. The platform’s real‑time, cloud‑based product data management enables the company to accelerate design‑to‑production timelines and improve regulatory compliance. The vehicle, capable of carrying up to 15 passengers, is designed for inclusive, barrier‑free public transportation and will be powered by autonomous driving technology that meets Level‑4 safety standards.
The partnership is a key milestone in PTC’s broader SaaS strategy. Windchill+ is the company’s next‑generation PLM solution delivered as a cloud service, and its AI‑enabled product data foundation is positioned to become a core revenue driver. By securing a high‑profile automotive customer, PTC demonstrates the scalability of its SaaS‑native offering and reinforces its competitive moat against rivals such as Siemens, Dassault Systèmes, SAP, and Autodesk.
PTC’s Q4 2025 results provide a strong financial backdrop for the announcement. Revenue rose 39% year‑over‑year on a constant‑currency basis, and adjusted earnings per share reached $3.47, a 125.3% increase from the prior year and a 53.5% beat over analyst expectations. Operating margin stood at 36.44% and net margin at 26.8%, reflecting disciplined cost management and a favorable mix of high‑margin software contracts. The company also completed the divestiture of its Kepware and ThingWorx businesses to sharpen focus on its Intelligent Product Lifecycle vision.
The autonomous vehicle market is projected to reach $13.6 trillion by 2030, growing at a CAGR of 32.3%. By partnering with HOLON, PTC gains a foothold in this rapidly expanding sector and positions itself to capture a share of the future mobility economy. The deal also signals to the market that PTC’s SaaS‑native PLM platform is ready for the most demanding automotive applications, potentially opening additional revenue streams in the automotive and mobility space.
Overall, the HOLON partnership highlights PTC’s commitment to AI, cloud, and automotive innovation. It strengthens the company’s strategic positioning, supports its high‑growth revenue trajectory, and may accelerate future adoption of Windchill+ in other high‑complexity industries.
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