In the Q3, Ptc Inc 's corporate clients experienced a reduction by -3.33 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -6.81 %. During the corresponding time, Ptc Inc saw a revenue deteriorated by -6.81 % year on year, sequentially revenue fell by -22.44 %. While revenue at the Ptc Inc 's corporate clients recorded rose by 15.31 % year on year, sequentially revenue grew by 6.64 %.
Customers of Ptc Inc saw their costs of revenue decrease by -3.33 % in Q3 compare to a year ago, sequentially costs of revenue were trimmed by -6.81 %, for the same period Ptc Inc revnue deteriorated by -6.81 % year on year, sequentially revenue fell by -22.44 %.
Ptc Inc's Comment on Sales, Marketing and Customers
We compete in the markets of CAD, PLM, IIoT, and AR. The markets we serve provide us with a variety of options for growth. We envision stronger market growth potential for our enterprise IIoT and AR solutions, as well as our SaaS solutions, followed by more modest market growth potential for our on-premise CAD and PLM products, both of which have been expanding faster than their respective market growth rates.
We derive most of our sales from products and services sold directly by our sales force to end-user customers. Approximately 30% to 35% of our sales of products and services are through third-party resellers. Our sales force focuses on large accounts, while our reseller channel provides a cost-effective means of covering the small- and medium-size business market. Our strategic alliance partners enable us to increase our market reach, offer broader solutions, and add compelling technology to our offerings. Our strategic services partners provide service offerings to help customers implement our product offerings.
Ptc Inc’s Comment on Sales, Marketing and Customers
We compete in the markets of CAD, PLM, IIoT, and AR. The markets we serve provide us with a variety of options for growth. We envision stronger market growth potential for our enterprise IIoT and AR solutions, as well as our SaaS solutions, followed by more modest market growth potential for our on-premise CAD and PLM products, both of which have been expanding faster than their respective market growth rates.
We derive most of our sales from products and services sold directly by our sales force to end-user customers. Approximately 30% to 35% of our sales of products and services are through third-party resellers. Our sales force focuses on large accounts, while our reseller channel provides a cost-effective means of covering the small- and medium-size business market. Our strategic alliance partners enable us to increase our market reach, offer broader solutions, and add compelling technology to our offerings. Our strategic services partners provide service offerings to help customers implement our product offerings.
Sources:
Ptc Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Ptc Inc’s corporate clients.
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