There is a word that begins with the letter “C” that is uppermost on the minds of many people these days, and it isn’t COVID. It’s “collaboration,” and the term has become essential to getting basic work done, from the mundane to the highly complex.
A global pandemic has placed significant emphasis on the use of technology to collaborate on tasks and projects that used to be accomplished in person. Although PTC Inc. couldn’t have known what the world would be like a year after its acquisition of collaboration technology provider Onshape, the purchase has proven to be a timely one indeed.
Onshape is billed as the industry’s “first pure SaaS platform that unites robust CAD with powerful data management and collaboration tools.” Onshape’s cloud native approach is riding a wave of momentum created by the pandemic in a SaaS market estimated by Gartner Inc. to grow to $104 billion