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Principal Product Manager

$131k - $200k

PTC Inc

Our world is transforming, and PTC is leading the way.Our software brings the physical and digital worlds together, enabling companies to improve operations, create better products, and empower people in all aspects of their business. Our people make all the difference in our success. Today, we are a global team of nearly 7,000 and our main objective is to create opportunities for our team members to explore, learn, and grow – all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.

Sr. Principal Product Manager, MBSE - PTC Modeler Product Management | PTC Modeler | Systems Engineering Reporting to: Vice President of Product Management - AI/MBSE Remote: US

Overview PTC is seeking an experienced, customer-focused Sr. Principal Product Manager to lead PTC Modeler and help shape the next generation of systems engineering at PTC. This role combines direct product management responsibility for an established enterprise MBSE solution with the opportunity to influence how PTC evolves beyond today's traditional modeling tools and workflows. The role reports to the Vice President of Product Management - AI/MBSE, whose portfolio spans Codebeamer, AI, Pure Variants, and Modeler. The Product Manager will own the strategy, roadmap, discovery, and business outcomes for Modeler while serving as a key strategic partner to the VP of Product Management - AI/MBSE and other product and technology leaders defining PTC's longer-term direction for MBSE and systems engineering.

PTC believes the future of systems engineering will require more connected, accessible, and intelligent experiences. We are exploring how AI and agentic experiences, connected engineering information, open standards, and deeper integration across the product lifecycle can create new ways for engineers to understand, design, analyze, communicate, and evolve complex systems.

This Product Manager will bring the perspective of customers, practitioners, partners, and the market into that work. The ideal candidate combines strong product management judgment with systems thinking technical curiosity, commercial awareness, and credibility with engineering customers. This is an opportunity to deliver meaningful value for Modeler customers today while helping PTC explore what comes next for model-based and systems engineering.

Responsibilities

Lead PTC Modeler Own and communicate the product strategy, roadmap, priorities, and measurable outcomes for PTC Modeler. Balance near‑term customer commitments, product quality, platform evolution, competitive differentiation, and longer‑term strategic opportunities. Translate strategy and customer problems into prioritized product outcomes, investment proposals, and clear requirements for R&D and UX. Partner closely with R&D and UX throughout discovery and delivery, making timely decisions based on customer value, business impact, usability, technical feasibility, and risk. Define success measures and use product telemetry, adoption data, customer evidence, and commercial results to evaluate outcomes and guide future investment.

Shape the Future of Systems Engineering Partner with the VP of Product Management - AI/MBSE and other product and technology leaders to help shape PTC's long‑term vision for MBSE and systems engineering. Bring customer, market, competitive, and practitioner insight into decisions about how traditional MBSE tools and workflows should evolve. Explore how AI, agentic experiences, connected engineering information, open standards, and modern user experiences can improve how complex systems are designed, analyzed, reviewed, communicated, and changed. Identify opportunities that extend beyond traditional modeling and connect systems engineering more deeply with requirements, software development, product architecture, product‑line and variability management, PLM, simulation, and the broader digital thread. Develop and validate product hypotheses with customers, partners, and systems‑engineering practitioners, then translate emerging direction into product concepts, investment recommendations, and roadmap opportunities. Challenge conventional assumptions constructively and help make systems engineering more accessible, connected, intelligent, and valuable across the engineering organization.

Understand Customers, Practitioners, and the Market Build trusted relationships with strategic customers, users, partners, and industry practitioners to understand their goals, workflows, constraints, and unmet needs. Lead continuous product discovery, test assumptions, and translate evidence into clear problem definitions and differentiated product opportunities. Represent the voice of the customer throughout the product lifecycle while balancing the needs of different industries, personas, and deployment environments. Maintain a clear perspective on the MBSE and digital‑engineering market, including customer buying criteria, competitive alternatives, standards evolution, adjacent categories, and emerging technology shifts. Assess build, partner, integrate, and ecosystem options when developing product and portfolio recommendations. Drive Adoption and Business Outcomes Partner with Sales, Marketing, Customer Success, Services, and Support to improve positioning, enablement, adoption, retention, and customer outcomes. Contribute to packaging, positioning, launch, and go‑to‑market decisions for Modeler and related capabilities. Develop evidence‑based business cases for investment and clearly communicate expected customer and commercial impact. Support strategic opportunities, competitive engagements, executive customer discussions, demonstrations, and roadmap conversations. Represent PTC with customers, partners, industry organizations, analysts, and the broader systems‑engineering community as an informed and credible product leader.

Lead Across Functions Drive alignment across Product Management, Engineering, UX, Sales, Marketing, Customer Success, Services, and Support. Communicate product direction, priorities, decisions, tradeoffs, and progress clearly to executive, technical, commercial, and customer audiences. Collaborate across the broader PTC portfolio spanning Codebeamer, AI, Pure Variants, Modeler as well as PLM offerings to identify cross‑product customer value and avoid treating MBSE as an isolated discipline. Influence effectively in a global, matrixed organization without relying on direct authority. Maintain the product management discipline required for effective planning, refinement, validation, release readiness, and lifecycle management.

Required Skills and Experience

10+ years of product management experience in enterprise software, engineering software, SaaS, or a closely related environment. Proven ability to develop product strategy, make evidence‑based prioritization decisions, and execute against roadmaps. Demonstrated experience working with complex engineering, systems‑development, or lifecycle‑management problems and establishing credibility with technical customers and practitioners. Strong customer discovery, problem‑framing, requirements, and product validation skills. Experience partnering effectively with Agile software development and UX teams from discovery through delivery. Ability to connect technical capabilities to customer value, adoption, differentiation, and business outcomes. Excellent written, verbal, presentation, facilitation, and stakeholder‑management skills. Strong analytical judgment and the ability to navigate ambiguity, competing priorities, and consequential tradeoffs. Ability to influence and align global cross‑functional teams without direct authority. Bachelor's degree in engineering, computer science, business, or a related field, or equivalent practical experience.

Preferred Qualifications

Practical experience with model‑based systems engineering, systems engineering, digital engineering, or engineering software products. Working knowledge of SysML and UML; familiarity with UAF and the evolution from SysML 1.x to SysML 2.0 is a plus. Experience with one or more relevant modeling, requirements, ALM, PLM, product‑line engineering, simulation, or digital‑thread ecosystems. Understanding of traceability, configuration management, model governance, interoperability, engineering change, and reuse across the product lifecycle. Familiarity with open standards and integration approaches relevant to engineering software, such as OSLC, REST APIs, and model interchange. Experience bringing technically complex enterprise products to market and driving adoption across multiple customer personas and industries. Experience with cloud platforms, enterprise software architectures, AI‑enabled product experiences, or agentic software concepts. Advanced degree in engineering, computer science, systems engineering, or business.

What Success Looks Like

Customers and internal stakeholders understand a clear, evidence‑based direction for Modeler. Roadmap priorities are tied to defined customer problems, differentiated value, and measurable outcomes. Product discovery is systematic and includes meaningful participation from strategic customers and the systems‑engineering community. Modeler's role within PTC's broader engineering portfolio becomes clearer, more connected, and more compelling. The VP of Product Management, AI/MBSE and other leaders receive strong customer, market, and product insight to inform PTC's future systems‑engineering direction. PTC develops and validates credible opportunities that extend beyond traditional MBSE tools and workflows. Cross‑functional teams make faster, better‑informed decisions with clear priorities, tradeoffs, and success measures.

Benefits and Compensation

Employees also have the opportunity to become a PTC shareholder through our employee share purchase program (ESPP), which allows for the purchase of discounted PTC stock.

Certain roles may also be eligible for participation in our equity programs.

Employees may be eligible for medical, dental and vision insurance, paid time off and sick leave, tuition reimbursement, 401(k) contributions and employer match, flexible spending accounts, life insurance, disability coverage and, if you are an office‑assigned employee, a generous commuter subsidy.

The anticipated annual salary range for this position is between $131,000 - 200,000. The salary range reflects a good‑faith estimate of compensation at the time of posting. Actual compensation may vary based on a candidate's skills, qualifications, experience, and location. Additionally, candidates may be eligible for a performance‑based bonus. Employees also have the opportunity to become a PTC shareholder through our employee share purchase program (ESPP), which allows for the purchase of discounted PTC stock. Certain roles may also be eligible for participation in our equity programs. Employees may be eligible for medical, dental and vision insurance, paid time off and sick leave, tuition reimbursement, 401(k) contributions and employer match, flexible spending accounts, life insurance, disability coverage and, if you are an office‑assigned employee, a generous commuter subsidy. All total rewards and benefits programs are subject to applicable plan eligibility and other terms and conditions.

For more information about PTC’s comprehensive benefits, please visit our Careers Page.

Equal Opportunity

At PTC, we believe in the power of diverse ideas and perspectives. As a global company that values and respects all identities, cultures, and perspectives, we strive to create an inclusive PTC for ALL through an environment where everyone feels like they belong and are empowered to bring their true, authentic selves to work. Proud to be an Equal Opportunity Employer, we welcome applicants from all backgrounds and hire without regard to race, national origin, religion, age, color, ethnicity, ancestry, marital status, sex (including pregnancy), sexual orientation, gender identity, gender expression, genetic information, disability, veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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