Courtesy PTC
65bd2c3808ad97001e2cf8b5 Microsoftteamsimage 21

PTC CEO Jim Heppelmann Retires

Feb. 2, 2024
Heppelmann’s tenure at PTC saw the company undergo an era of transformation.

After 26 years, James “Jim” Heppelmann is retiring from PTC this month, marking the conclusion of his notable tenure with the company, which includes the past 13 years as CEO.

Under Heppelmann’s stewardship, PTC underwent a transformation that saw it go from a CAD and PLM company with a $2 billion market cap in the 2010s to a worldwide leader in CAD, PLM, ALM, SLM, IIoT and augmented reality (AR) solutions, with a current market cap that exceeds $20 billion.

Heppelmann’s initiatives led to the expansion of the company’s technology portfolio, including the acquisitions of Windchill in 1998, Servigistics in 2012, ThingWorx in 2013 and Vuforia in 2015.

Thought Leadership

Heppelmann co-authored articles with Harvard Business School Professor Michael E. Porter, which set the stage for the transformative potential of IoT and AR technologies. PTC’s acquisition of advanced generative design software Frustrum in 2018 showed his foresight in embracing emerging technologies. And his leadership has earned him numerous accolades, solidifying his legacy as a visionary leader.

To prepare for retirement, Heppelmann has ensured a seamless transition, emphasizing knowledge-sharing and mentorship with CEO-elect Neil Barua. The company acknowledges the support of its stakeholders and has expressed gratitude for their contributions to PTC’s success.

Heppelmann’s initiatives have not only shaped a company but no doubt have left an indelible mark on the industry. Machine Design wishes him the best.

A blog post on PTC’s website further expands upon Heppelmann’s legacy with the company.

About the Author

Sharon Spielman | Technical Editor, Machine Design

As Machine Design’s technical editor, Sharon Spielman produces content for the brand’s focus audience—design and multidisciplinary engineers. Her beat includes 3D printing/CAD; mechanical and motion systems, with an emphasis on pneumatics and linear motion; automation; robotics; and CNC machining.

Spielman has more than three decades of experience as a writer and editor for a range of B2B brands, including those that cover machine design; electrical design and manufacturing; interconnection technology; food and beverage manufacturing; process heating and cooling; finishing; and package converting.

Email: [email protected]

LinkedIn: @sharonspielman

X: @MachineDesign

Facebook: Machine Design

YouTube: @MachineDesign-EBM

Sponsored Recommendations

Pumps Push the Boundaries of Low Temperature Technology

June 14, 2024
As an integral part of cryotechnology, KNF pumps facilitate scientific advances in cryostats, allowing them to push temperature boundaries and approach absolute zero.

The entire spectrum of drive technology

June 5, 2024
Read exciting stories about all aspects of maxon drive technology in our magazine.


May 15, 2024
Production equipment is expensive and needs to be protected against input abnormalities such as voltage, current, frequency, and phase to stay online and in operation for the ...

Solenoid Valve Mechanics: Understanding Force Balance Equations

May 13, 2024
When evaluating a solenoid valve for a particular application, it is important to ensure that the valve can both remain in state and transition between its de-energized and fully...

Voice your opinion!

To join the conversation, and become an exclusive member of Machine Design, create an account today!