By DE Editors
PTC has acquired 4CS Solutions Inc., a developer of warranty management and service lifecycle management software. The acquisition broadens PTC’s portfolio of solutions for product support and service organizations, and supports PTC’s vision for solutions that span both product and service lifecycles. 4CS was privately held and terms of the deal were not immediately disclosed.
Original equipment manufacturers (OEMs) often lose insight into product performance and service effectiveness once their products have been sold. As a result, they fail to capture value throughout the entire service lifecycle where a majority of product-related profits can be realized. To address this challenge, 4CS has developed an approach to warranty and service lifecycle management that leverages a product-centric data model to capture service history and product updates in the form of an “as-maintained” bill of material (BOM). Bringing this data back into the enterprise enables continuous product and service assessment, according to PTC.
4CS’s technology complements PTC’s existing service information solutions that are designed to empower an OEM’s product-support ecosystem with configuration-specific service procedures, 3D parts lists, and interactive training materials. It also complements PTC’s lifecycle management solutions. The combination will enable greater visibility into product knowledge across the product and service lifecycles.
Once integrated, 4CS and PTC solutions plan to enable companies to develop and provide guidelines and service policy coverage before service is performed to comply with plans and procedures. The company also intends to automate warranty and service processes to capture complete service history and update as-maintained BOMs automatically. Lastly, the acquisition will allow the company to offer to analyze product and service performance by leveraging data captured for reliability and maintainability analysis.
Sources: Press materials received from the company and additional information gleaned from the company’s website.