PRESS RELEASE

PDSVISION strengthens investment in India – Expands to become a Value-Added Reseller & Partner for PTC India

CHENNAI, INDIA – PDSVISION Group AB (PDSVISION) is excited to announce a strategic initiative to grow its presence in India. This investment will increase the size of the Indian team to better meet local needs.

For over 20 years, PDSVISION has been in India, offering offshore consulting services to global companies in the realm of product development. Now, PDSVISION plans to work more closely with Indian manufacturers, aiming to provide specialized solutions that suit Indian businesses. The Indian consulting team that has rich global experience will add value while working with Indian customers in terms of industry best practices, consulting standards, enterprise road mapping etc.

As part of this plan, PDSVISION India will also start selling PTC software and offer a complete range of solutions to the Indian market, including software, advisory services, support, and training.

This initiative shows PDSVISION’s dedication to using its global knowledge to support innovation and growth in India’s vibrant industrial sector.

I´m very excited to expand our presence in India and inside the Indian market. By entering the Indian market, we have already today a team which consists of experienced dedicated professionals with extensive expertise in product development solutions.

Over the past three decades, we have consistently demonstrated our reliability, and our customers continue to trust our services. We eagerly anticipate assisting Indian companies in streamlining their product development processes and improving operational efficiency.

Mey Annamalai

President-Global Services PDSVISION

We look forward to our expansion in the Indian market. India is a fast-growing economy with a highly-skilled workforce, which makes it a strategic market for our future growth.

Our commitment lies in assisting Indian companies with digital transformation across their entire value chain, spanning engineering, manufacturing, and customer services.

Mats Oretorp,

CEO, PDSVISION

About PDSVISION

PDSVISION Group (PDSVISION) was founded in 2008 and is a global provider of solutions and services focused on helping companies successfully enable the digital thread across the entire product lifecycle.

PDSVISION is considered the leading and trusted advisor within the product development sector. This is achieved by combining best-in-class software solutions, technical support, and professional training, located across the globe. PDSVISION’s solutions are centered around the portfolio of solutions provided by PTC Inc. and Ansys Inc.

These are focused on the areas of 3D Design (CAD), Product Lifecycle Management (PLM), Service Lifecycle Management (SLM), Internet of Things (IoT), Augmented Reality (AR), Simulation (CAE), Application Lifecycle Management (ALM), and Systems Engineering. PDSVISION develops its own range of software applications in the main solution domains under the name myPDS.

PDSVISION is headquartered in Sweden and has operations in Canada, Denmark, Finland, Germany, India, Norway, Portugal, South Africa, Spain, Sweden, United Arab Emirates (UAE), United Kingdom and United States.