![](https://plm-erpnews.se/wp-content/uploads/2024/06/MATS-O-PDSVision-Oretorp.jpg)
Mats Oretorp further notes that the Indian market is a rapidly growing one. Both in terms of finances and personnel staffing qualities, with a highly educated workforce.
”This makes the venture a strategic market for our future growth,” he says, adding: ”Our commitment lies in helping Indian companies with digital transformation across their entire value chain, which includes technology, manufacturing and customer service.”
Principally owned by the Finnish Cap MAN Fund
For PDSVISION, the development of recent years has confirmed that the company has one of the most important roles in the PLM value chain. Their PLM know-how and competence are often decisive factors for the successful implementation and smooth operation of PLM platforms and sub-PLM elements. Above all, PTC’s PLM suite Windchill, the CAD software CREO, the IoT solutions on the ThingWorx platform and the rapidly growing AR field Vuforia (Augmented Reality). Alongside this, they have also developed a strong simulation and analysis business based on PTC partner Ansys’ solutions. A heavy point in this context is also that PDSVISION has deep practical industrial competence related to both its global and local customers, large and small.
In this one can sense something of the recipe that placed PDSVISION, principally owned by the Finnish CAP MAN fund, in the absolute world top on PTC’s VAR partner page. With respect to 2023, the company has reached double-digit growth compared to 2022, and revenues are around $125 million, corresponding to just over SEK 1.3 billion.