Schnieder Electric liked PTC so much, it bought the company! CEO Olivier Pascal Blum explains why it's making its largest ever acquisition

Schneider Electric’s planned $22.6 billion acquisition of PTC is a major bet on owning the industrial software stack that connects design, engineering, operations, and service into a unified digital thread. For CIOs and technology leaders, the strategic signal is clear: industrial transformation is shifting from point solutions to integrated, AI-enabled platforms that improve productivity, resiliency, and sustainability, while raising the bar for data contextualization, interoperability, and vendor ecosystem management. IT organizations should expect stronger demand for connected operational data, more enterprise-wide AI use cases, and closer alignment between OT, engineering, and digital transformation roadmaps.