FACTON to Demonstrate Enterprise Product Costing at LiveWorx 18tm

TROY, Mich., Jun. 18, 2018 /PRNewswire-PRWeb/ -- FACTON today announced that Michael Betz, COO North America, will be presenting and demonstrating at PTC's annual LiveWorx conference on June 19, 2018. The focus of the presentation will be the integration between PTC's Windchill® Product Lifecycle Management (PLM) platform and FACTON's Enterprise Product Costing (EPC) solution; data can be shared between the two platforms using the FACTON EPC Navigatetm App based on the ThingWorx® platform.

The FACTON EPC Navigate App allows design engineers working with Windchill to seamlessly collaborate with costing engineers working in FACTON EPC by exchanging data from Windchill to FACTON EPC and aggregate highly accurate cost estimates form FACTON EPC with Windchill product data. This will streamline operations and speed time to awarding new contracts. Betz remarked, "The integration of these platforms adds enormous value both for suppliers trying to win new business and for buyers using a "should costing" process." Additionally, using Navigate to show aggregated PDM and costing data is an important benefit, especially for large manufacturers who struggle with data spread in siloes.

Betz is presenting as part of session s710 on Tuesday, June 19 at 4:15. The session is titled, "How To Go From Red To Green In Digital Transformation Projects: A ThingWorx Navigate Roadmap."

LiveWorx is a global technology conference and marketplace for solutions engineered for a smart, connected world, designed to bring together PTC's current users alongside industry influencers and innovators.

About FACTON

The FACTON EPC Suite is the leading Enterprise Product Costing (EPC) solution for the automotive, aerospace, mechanical engineering and electronics industries. Its specific solutions offer robust answers to the requirements of executive management and individual departments within the enterprise. FACTON EPC enables standardized, enterprise-wide costing independent of location and department for maximum product cost transparency throughout every phase of the product lifecycle. Businesses accelerate their costing, achieve pinpoint cost accuracy and secure their profitability.

FACTON was founded in 1998 and has locations in Potsdam, Dresden, Stuttgart and Detroit. Hasso Plattner, founder and chairman of the supervisory board of SAP SE & Co. KG, has supported this innovative company since 2006. The international portfolio of customers includes Ford Motor Company, Henniges Automotive, DURA Automotive Systems, Airbus, Mahle Behr, MANN+HUMMEL, Porsche and other renowned manufacturers. To learn more about FACTON visit: http://www.facton.com/en.

Windchill, ThingWorx, Navigate and LiveWorx 18 are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.

Press Contact:
Valerie Valentine | Marketing Manager | FACTON Inc. | Phone: (248) 761-2255 | va-lerie.valentine{at}facton.com | http://www.facton.com/en

SOURCE Facton Inc.