NEEDHAM, MA. — PTC (Nasdaq: PMTC), the Product Development Company‚Â®, announced the availability of Windchill‚Â® ProductPoint‚Â®. First announced at the PTC/USER World Event in June, 2008, Windchill ProductPoint offers an easy to learn, quick to deploy solution for sharing CAD and other structured data among teams. Windchill ProductPoint provides an opportunity for smaller companies to experience the benefits of product lifecycle management (PLM) without a large investment while also giving companies with an active SharePoint‚Â® strategy the flexibility to extend their product development system to broader user communities.
Hess Services, Inc., headquartered in Hays, Kansas, understands the product development challenges facing many small and medium sized businesses (SMB). Founded in 1989 as an industrial and petroleum equipment refurbishing company, Hess Services, has grown to over 140 employees and offers design and manufacturing services for oil well servicing rigs, petroleum surface production equipment, and steel and fiberglass tanks. Like many small companies, Hess Services lacked the technology infrastructure to support the company’s growth, tripling in size during the past 3 years with an 82% growth in annual revenue from 2007-2008. As a first step to resolve this challenge, the company standardized on PTC Pro/ENGINEER‚Â® to provide the scaleable, powerful design capabilities it needed to handle large, complex assemblies consisting of more than 3000 components. The use of Pro/ENGINEER has reduced production costs by as much as 30% due to eliminated rework. It has also helped optimize product development by streamlining the design review process, making it easier to communicate design changes to customers.
In order to support its business initiatives for expansion into new markets, Hess Services is pursuing ASME (American Society of Mechanical Engineers) pressure vessel certification, which requires the demonstration of a document control system. The company recognized that its current system, based upon the use of pdf files and shared network folders, was inefficient and prone to errors – impacting quality, productivity and costs. To accomplish its objectives, Hess Services needed a solution that would enable its design teams to share and revise product information without overwriting each other’s work, provide version control and offer the capabilities to search and reuse product development information. After a thorough evaluation of available solutions, Hess Services chose Windchill ProductPoint as its entry point to product lifecycle management.
Filed Under: 3D CAD, Software