Paragon vs PTC
Side-by-side comparison of AI visibility scores, market position, and capabilities
Paragon is an embedded integration platform for SaaS companies, providing a white-labeled integration hub and workflow automation infrastructure for product teams.
About
Paragon is an embedded integration platform that enables SaaS companies to ship native integration capabilities into their products by providing the infrastructure for connecting to third-party APIs, managing OAuth authentication flows, executing integration workflows, and presenting a configurable white-labeled integration UI to end customers. The platform's Connect component is a pre-built, embeddable React component that SaaS vendors drop into their product to surface a customer-facing integration configuration experience, handling the OAuth flow, user credential storage, and initial setup UX that every integration requires — eliminating the frontend engineering work that multiplies with each integration a product team wants to support.
Boston industrial CAD/PLM software (NASDAQ: PTC); FY2025 8.5% ARR growth, Kepware/ThingWorx IoT divested to TPG (Nov 2025) under new CEO Neil Barua competing with Siemens Teamcenter for discrete manufacturer PLM.
About
PTC Inc. is a Boston, Massachusetts-based industrial software company — publicly traded on NASDAQ (NASDAQ: PTC) as an S&P 500 component — providing computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), service lifecycle management (SLM), and industrial IoT software to manufacturers across aerospace, defense, automotive, medical devices, and industrial machinery. In FY2025 (fiscal year ended September 30, 2025), PTC reported 8.5% ARR growth and 16% free cash flow growth, with Q4 FY2025 revenue up 39% in constant currency and 18% year-over-year. CEO Neil Barua took over from long-tenured CEO James Heppelmann in February 2024 and introduced the "Barua Blueprint" refocusing PTC on its core CAD/PLM/ALM/SLM strengths. In November 2025, PTC announced the divestiture of its industrial IoT assets — Kepware and ThingWorx — to TPG, sharpening its portfolio around design and lifecycle management software. PTC's product portfolio includes Creo (3D parametric CAD for mechanical engineers), Windchill (PLM for product data and process management), Onshape (cloud-native CAD platform), and Arena (cloud-native PLM/QMS).
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