ATLANTA … The Georgia Institute of Technology and PTC (Nasdaq: PMTC) are launching a product life cycle management (PLM) research project this fall.

The project will prepare young engineers for the future by developing the collaboration skills they will need to become leaders in product development companies. The project will also create a research environment that will allow universities to simulate and explore the potential of PLM, an emerging business strategy that enables companies to achieve strong and sustainable revenue growth by managing products throughout their entire life cycle.

Georgia Tech has dubbed the project an educational “Grand Experiment” because it is the first effort to use technology to facilitate collaborative design by so many engineering students at such a large number of institutions.

Universities that have signed on to participate include Blekinge Institute of Technology in Sweden, Des Moines Area Community College, Monroe County Community College, Stevens Institute of Technology, the University of Illinois Urbana-Champaign and the University of Maryland.

These universities will partner with an as-yet unnamed manufacturer to provide mechanical engineering students with a complete understanding of PLM. Teams of students will use Windchill ProjectLink, PTC’s enterprise collaboration solution, to help them work together from remote locations on a large design project.

Over a two-year-period, the students will design and build a product from start to finish. Engineers from the industry partner will provide the students with real-world feedback on their activities.

Georgia Tech: