PTC and K'NEX Collaborate to Revolutionize Toy Design and Manufacturing
PTC, a leading provider of mechanical computer-aided design (MCAD) solutions, has partnered with K'NEX, a well-known construction toy manufacturer, to utilize PTC's Pro/ENGINEER software in toy design and manufacturing. This collaboration has enabled K'NEX to reduce its time to market by 75% and development costs by 50%. By leveraging PTC's Pro/ENGINEER, K'NEX has also been able to break out of traditional design constraints and create more complex and detailed toy designs.
Key Takeaways:
- K'NEX, a construction toy manufacturer, has partnered with PTC to utilize Pro/ENGINEER software in its design and manufacturing processes.
- PTC's Pro/ENGINEER has enabled K'NEX to reduce its time to market by 75% and development costs by 50%.
- Pro/ENGINEER has given K'NEX the ability to design with variable section sweeps, torroidal bends, and blends, enabling the creation of more complex and detailed toy designs.
- K'NEX can now achieve the same assembly results in hours that would previously take two days, thanks to the software's speed and simplicity.
- PTC's flexible engineering solutions, based on Pro/ENGINEER and the practices of PTC Global Services, are relied on daily by over 250,000 users to drive product development and engineering functions.
- The PTC i-Series of flexible engineering solutions features Pro/ENGINEER behavioral modeling, which captures engineering knowledge and enables designers to innovate new products more rapidly and effectively.
Statistics:
- 75% reduction in time to market
- 50% reduction in development costs
- 250,000+ daily users of PTC's flexible engineering solutions
- 75% decrease in design time for complex toy designs compared to traditional methods
Sources:
- Press release via Canada NewsWire, Toronto 416-863-9350 -ME- (2000)
- News Provided by COMTEX (http://www.comtexnews.com)
- PTC's press release dated October 23, 2000
- K'NEX's press release dated October 23, 2000