Press release

Mitsubishi Heavy Industries Engine & Turbocharger Selects PTC Windchill to Drive Innovation and Improve Operational Efficiency

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PTC
(NASDAQ: PTC) today announced that Mitsubishi
Heavy Industries Engine & Turbocharger, Ltd. (MHIET)
, a division
of Mitsubishi Heavy Industries Group, has deployed the PTC Windchill®
product lifecycle management (PLM) solution across its global
operations. Windchill will enable MHIET’s technical information
management systems group, Mitsubishi Unified System for Engineering
(MUSE), to manage multi-computer aided design (CAD) data and change and
track information associated with its engineering bill of materials
(EBOMs).

MHIET launched its operations in 2016 and manages Mitsubishi Heavy
Industries’ engine and turbocharger businesses. MHIET develops and
manufactures high-quality products, using a sophisticated technology
portfolio, and is currently working on an integrated system that
includes after-sales service.

“With Windchill, we can now use the standard out-of-the-box solution to
track multi-CAD data and specific technical information by associating
it with an EBOM,” said Yoshihide Iwamoto, group manager, Engineering
Administration Group, Quality Assurance Department, Mitsubishi Heavy
Industries Engine & Turbocharger, Ltd. “Windchill’s open architecture
enables us to centrally manage our technical information to improve the
speed and quality of global operations, in addition to advancing
collaboration across individual departments and overseas bases to
provide significant value to our customers.”

In the pursuit of continuous improvement and business differentiation,
MUSE recently replaced a competitive product with the advanced
capabilities of Windchill to:

  • Centrally manage EBOM/EO information and 3D model/document information
    formalized during the design process;
  • Globally deploy a CAD data management system; and
  • Share and manage 3D data with non-design departments and overseas
    bases.

In addition, MHIET migrated its large CAD asset data and corresponding
historical changes using the Windchill Bulk Migrator feature, which
allows for fast and reliable data migration, in a critical step of the
implementation.

Windchill, the industry-leading PLM application suite by PTC, makes it
easier than ever to leverage a consolidated, up-to-date digital thread
of product information, including connected data. Windchill’s highly
configurable out-of-the-box applications enable users to work faster and
with more accuracy – reducing time-to-market, cutting costs, and
improving quality. With Windchill, users across the value chain are able
to interact with data dynamically in 3D – both on a screen and through
augmented reality. With deployment options including cloud and
on-premises, Windchill has the flexibility, performance, and scale that
companies required to be industry leaders.

“The move to Windchill makes complete sense for MHIET. Windchill is more
than just a PLM system – we are offering our customers strategic
enterprise software that completely changes the way they operate: from
the way they find and access data, to the way they visualize it,” said
Kevin Wrenn, divisional general manager, PLM segment, PTC. “Windchill
connects stakeholders throughout the organization with the product data
they need, and also provides the scalability needed to expand to all
global locations. With Windchill, companies like MHIET can improve
collaboration among stakeholders, which in turn, helps them improve both
time-to-market and product quality.”

The announcement of a customer’s selection or implementation of PTC
products is not necessarily indicative of the timing of recognition of
related revenue or the level of revenue for any particular period.

Additional Resources:

About Mitsubishi Heavy Industries Engine & Turbocharger, Ltd.
The
origin of Mitsubishi Heavy Industries Engine & Turbocharger, Ltd.
(MHIET) is the Shibaura Works of Ohte Shokai K. K., a sales company of
Mitsubishi Heavy Industries, Ltd. MHI, then Mitsubishi Shipbuilding Co.,
Ltd., was founded in 1920. The production site was moved to Sagamihara
in 1970. MHI has produced industrial vehicles, special vehicles,
industrial engines, engine generator sets, and turbochargers in
Sagamihara. Starting with local production of turbochargers in the
Netherlands in 1991, their global business development has been
promoted. MHIET succeeded the engine and turbocharger businesses of MHI
and was founded in 2016. MHIET is building on the synergies in the
development and manufacturing of engines and turbochargers to further
strengthen product development and technological capabilities, and also
focus on distributed energy solutions. For more information, visit: http://www.mhiet.co.jp/en/index.html

About PTC (NASDAQ: PTC)
PTC unleashes industrial innovation
with award-winning, market-proven solutions that enable companies to
differentiate their products and services, improve operational
excellence, and increase workforce productivity. With PTC, and its
partner ecosystem, manufacturers can capitalize on the promise of
today’s new technology to drive digital transformation.

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