Schneider-PTC deal targets industrial AI across the lifecycle

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 07 Oct, 07:20 UTC

Schneider Electric's roughly US$22.6 billion acquisition of US industrial software developer PTC is more than a bid to expand its computer-aided design (CAD) and product lifecycle management (PLM) software lineup. It signals that industrial AI competition is shifting from point automation and smart…