James E. Heppelmann in the blog “PTC’s Perspective on the SaaS Tipping Point in Product Development” discusses when PTC acquired Onshape, I shared my thoughts on the future of the product development industry: While the CAD and PLM on-premise (on prem) industry will remain strong for many years to come, the CAD and PLM Software as a Service (SaaS) industry will continue to grow exponentially.

The acquisition of Onshape was demonstrable proof of how deeply PTC cares about our CAD and PLM future and how committed we are to giving our customers the “Power to Create” in the ways that best meet their needs. At PTC,

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