Appointment of Israeli to senior position: Belfer, who serves as Vice President of Global Development and as CEO of PTC Israel, is now joining the company’s senior management as Executive
Ziv Belfer, has been appointed a member of the senior management of the international software company PTC. Ziv, who serves as the director of the PTC Development Center in Israel and the company’s global vice president of research and development, is now on the board of the senior company. In this framework he will be a partner in leading the global company.
Ziv, who has a master’s degree in engineering from the Technion, will continue to manage PTC Israel in addition to managing the development system of all the company’s product lines developed at the company’s development centers around the world.
PTC is an American company based in Boston, it is traded on Nasdaq and included in the S&P 500 index. Its technology helps companies around the world manage their product life cycle including design, simulation, production, operation and maintenance of the products in a smart and connected world. PTC’s customers include some of the largest manufacturing and technology companies in the world, including Ferrari, Volvo, Volkswagen, NASA, Intel, Philips, Mitsubishi, Toshiba and Motorola.
The PTC Development Center in Israel has been operating since 1991 as the company’s first development center outside the United States, since its inception. The company currently employs hundreds of workers at two development centers in Herzliya and Haifa. The Israeli Development Center is the second largest in the world, outside the United States, and is responsible for the development of PTC’s leading products. PTC’s engineering technologies and solutions make it possible to manage the entire product life from the concept stage, through design, simulation and production to customer support. The software allows you to design the product digitally, view it in 3D, examine how all its components fit together, allow customers and suppliers to test it in the design stages; And update it easily even before it reaches the production stages. PTC’s sales turnover in 2021 totaled $ 1.81 billion, and it sells its products to more than 30,000 organizations around the world, of which about 70 are in Israel.