Expanding their ALM capabilities to the cloud
Acquiring Intland Software provides PTC with a cloud-based application lifecycle management (ALM) solution and additional software development expertise to extend their current on-premises PLM solution portfolio.
On Wednesday, 20 April 2022, PTC announced that it has signed a definitive agreement to acquire Intland Software, a leading provider of cloud based ALM solutions. Intland develops and markets the Codebeamer™ application lifecycle management (ALM) family of software products, including a cloud-ready, fully integrated offering used extensively in software safety-critical and regulated industries.
Intland Software, headquartered in Stuttgart, Germany, serves a wide array of global enterprise ALM customers operating across the automotive, life sciences, consumer electronics, and aerospace and defense industries. PTC stated that they plan to offer Codebeamer standalone and in conjunction with both its Windchill and Arena PLM offerings, and to continue to enhance and support its existing MKS-based ALM solution.
ALM is a critical component of an enterprise’s overall product lifecycle management (PLM) environment. As industrial companies of all sizes adopt the technologies and processes necessary to make and support smart, connected products with more and more embedded software, ALM and its integration with an organization’s overall PLM environment are no longer optional. Historically, as products have become smarter, the embedded software has been developed using dedicated tools, and then became part of the bill of material (BOM) by attaching a .zip or .tar archive to the mechanically oriented BOM. Just as PLM evolved from authoring tools and data and process management, tools for software development evolved to support authoring, configuration management, change management, workflow, and other similar capabilities under the application lifecycle management umbrella.
This acquisition makes excellent business sense for PTC. In 2011, PTC acquired MKS, which offered an on-premises ALM solution that was touted as focusing on embedded software. CIMdata believes that adding Intland Software will expand their product innovation platform capabilities by providing SaaS, cloud-delivered source code management that can also support the needs of open-source development.