Real-time spell checker
Gabriela Borges (financial analyst): On Discovery Live [real-time FEA from ANSYS], I’m curious on the feedback that you've gotten since the announcement, and your understanding of the composition of PTCs CAD base, do you have a sense for what percentage or what types of customers within the CAD base would be interested in buying through the Discovery Life partnership?
Jim Heppelmann (PTC ceo): To simplify things for the benefit of everybody, think of Discovery Life being like a spell checker in a word processing document. You used to write a lot of text and then you’d stop writing and you would spell check and you’ll find all the mistakes. You’ll fix them all and then go back to writing more new text.
And now like in Microsoft Word that spell check is running all the time and as you're typing or misspelling a word, it's already showing you that doesn't look like a word to me and if you make a capitalization mistake its correcting itself.
So now take that kind of metaphor if you will and bring it over to CAD. We used to design, design, design, stop designing and go simulate find a whole bunch of problems, try to fix them all and then go back to designing.
Now as you design Discovery Live is watching over your shoulder and, with literally every change you make, it tells you what are the implications of that change.
But I want to say is who wouldn't want a spell checker in Microsoft Word. Anybody on the phone call here that have no use for a spell checker?
So I think that everybody wants it, every single user and probably especially the ones that are creating geometry would benefit from this capability. Now we would have to figure out its kind of amazing thing and we don't know how fast and how far the penetration will go, but I will tell you, we should end up with a very high penetration of this technology into our CAD base. I would be surprised if that didn’t happen.
Source: https://seekingalpha.com/article/4188231-ptc-inc-ptc-ceo-jim-heppelmann-q3-2018-results-earnings-call-transcript
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