PTC Inc Q3 2020 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Matthew George Hedberg - RBC Capital Markets, Research Division - Analyst : Jim, I think what really is intriguing me, and I just started to dig into it a lot in some of the work that we've been doing, is you guys leveraging Atlas, which I think is obviously one of the crown jewels of Onshape. You noted in your prepared remarks working on a SaaS version of Creo and Windchill. And you said it's still an ongoing process. I'm just wondering, could you provide a bit more detail on there on how you think about time line for that rollout? And how existing customers might leverage a SaaS version of Creo and Windchill?

Question: Andrew Lodovico DeGasperi - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst : Maybe just 1 or 2 questions. The first on the Q4 ARR. I was just wondering, in terms of the makeup of that guidance. Can you maybe elaborate a little bit how much of that is based on ramp deals versus brand new bookings?

Question: Andrew Lodovico DeGasperi - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst : That's helpful. Just quickly on Onshape. In terms of the channel and how much you've essentially leveraged that. I mean at this point, is it completely out there? Or is it just a select few that have been able to sell it? And given the success, would you consider accelerating that process?