PTC is a global technology provider of Internet of Things (IoT), Industry 4.0, and Augmented Reality (AR) platforms. Its product and solution offerings include IoT, CAD, PLM, service lifecycle management, augmented reality, and engineering math software. The company serves industries such as high-tech electronics, aerospace, automotive, retail and consumer products, medical (eye care and home healthcare), oil & gas, and third-party logistics. The company operates through 2 business segments— Software Revenue and Professional Services. PTC offers PTS MOVE, a WMS solution, through its software revenue segment. PTC MOVE directs the flow of inventory and information across entire distribution networks. It provides warehouse operators with strategic control over warehouse processes and is ideally suited for both traditional and e-commerce enterprises. The software also provides real-time inventory information by providing a complete end-to-end solution for managing the entire fulfillment cycle.