Arena Solutions

The company provides a SaaS platform that unifies PLM, Quality Management Systems (QMS), and requirements management. This integrated suite of applications allows engineering, manufacturing, and their extended supply chains to collaborate on product development from prototype to full-scale production. Its core offerings include Arena BOMControl and Arena Exchange, which are targeted at manufacturing firms and their supply chains. The platform also features solutions for Application Lifecycle Management (ALM) and supply chain intelligence, leveraging AI to help identify and mitigate component risks. The system integrates with other enterprise services like MCAD, EDA, PDM, and ERP systems to facilitate a smooth flow of product data. The business model is subscription-based, with revenue generated through annual licenses and fixed-price implementation services.

Arena serves a diverse client base, ranging from startups to large enterprises, with a strong presence in the electronics, high-tech, medical device, clean tech, and aerospace and defense industries. Notable customers have included companies like Peloton, Sonos, Square, GoPro, and SkullCandy. The acquisition by PTC positioned Arena, in combination with PTC's earlier acquisition of Onshape, to offer a complete SaaS CAD and PLM solution, particularly strengthening its offering to the small and mid-sized business (SMB) market.