Mazda Motor Settles on PTC Inc. (PTC)’s Codebeamer for Software-Defined Vehicle Development

PTC Inc. (NASDAQ: PTC ) is one of the cheap robotics stocks to buy right now . On May 21, Mazda Motor Corporation selected PTC Inc. (NASDAQ: PTC)’s Codebeamer Application Lifecycle Management solution to support its software-defined vehicle development (SDV).

The automaker is to leverage Codebeamer to standardize requirements testing and validation processes in vehicle development. The platform provides workflows for safety-critical development with checkpoints. It also makes it easier to track connections between Model-Based Development data and validation results.

PTC expects the Codebeamer integration to help Mazda transition to software-defined vehicle development by consolidating dispersed documentation and supporting requirements management and collaboration.

The automaker settled on the platform for its ability to strengthen requirements, improve traceability, and enhance visibility while supporting greater alignment across teams. The strategic partnership aligns with PTC’s vision for the Intelligent Product Lifecycle, which seeks to help manufacturers and product companies build a product data foundation in engineering.

PTC Inc. (NASDAQ:PTC) provides industrial software solutions that help robotics and automation companies design, simulate, build, and manage their robotic systems. Instead of building physical hardware, PTC provides the digital backbone—including CAD, Product Lifecycle Management (PLM), and AI integrations.

While we acknowledge the potential of PTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .

READ NEXT: 10 Best Sin Stocks to Buy Now and 8 Best CBD Stocks to Buy Right Now .