diff --git a/CMake/SlicerBlockInstallPython.cmake b/CMake/SlicerBlockInstallPython.cmake
index 538a0dce1aab5c8960c1213775f3a41635332959..7c09f0fb0c03f99ffb46452a01a924aafa33f26f 100644
--- a/CMake/SlicerBlockInstallPython.cmake
+++ b/CMake/SlicerBlockInstallPython.cmake
@@ -75,24 +75,32 @@ if(Slicer_USE_PYTHONQT)
   endif()
 
   # Install Slicer python launcher settings
-  install(
-    FILES ${python_bin_dir}/SlicerPythonLauncherSettingsToInstall.ini
-    DESTINATION ${Slicer_INSTALL_BIN_DIR}
-    RENAME SlicerPythonLauncherSettings.ini
-    COMPONENT Runtime
-    )
 
-  # Install Slicer python launcher
-  set(_launcher CTKAppLauncher)
-  if(Slicer_BUILD_WIN32_CONSOLE)
-    set(_launcher CTKAppLauncherW)
-  endif()
-  install(
-    PROGRAMS ${CTKAppLauncher_DIR}/bin/${_launcher}${CMAKE_EXECUTABLE_SUFFIX}
-    DESTINATION ${Slicer_INSTALL_BIN_DIR}
-    RENAME SlicerPython${CMAKE_EXECUTABLE_SUFFIX}
-    COMPONENT Runtime
-    )
+  macro(_install_python_launcher executablename)
+    # Install Slicer python launcher settings
+    install(
+      FILES ${python_bin_dir}/${executablename}LauncherSettingsToInstall.ini
+      DESTINATION ${Slicer_INSTALL_BIN_DIR}
+      RENAME ${executablename}LauncherSettings.ini
+      COMPONENT Runtime
+      )
+    # Install Slicer python launcher
+    set(_launcher CTKAppLauncher)
+    if(Slicer_BUILD_WIN32_CONSOLE)
+      set(_launcher CTKAppLauncherW)
+    endif()
+    install(
+      PROGRAMS ${CTKAppLauncher_DIR}/bin/${_launcher}${CMAKE_EXECUTABLE_SUFFIX}
+      DESTINATION ${Slicer_INSTALL_BIN_DIR}
+      RENAME ${executablename}${CMAKE_EXECUTABLE_SUFFIX}
+      COMPONENT Runtime
+      )
+  endmacro()
+
+  _install_python_launcher(PythonSlicer)
+
+  # SlicerPython executable is deprecated, see details in External_python.cmake
+  _install_python_launcher(SlicerPython)
 
   # Install headers
   set(python_include_subdir /Include/)
diff --git a/SuperBuild/External_python.cmake b/SuperBuild/External_python.cmake
index 33d208270f3cfa3b8596d67d5fe30c783a47ddb3..1a7f42cf2576d438f0f7ffe11de9a42dfe102967 100644
--- a/SuperBuild/External_python.cmake
+++ b/SuperBuild/External_python.cmake
@@ -185,13 +185,13 @@ if((NOT DEFINED PYTHON_INCLUDE_DIR
     set(slicer_PYTHON_SHARED_LIBRARY_DIR ${python_DIR}/lib)
     set(PYTHON_INCLUDE_DIR ${python_DIR}/include/python2.7)
     set(PYTHON_LIBRARY ${python_DIR}/lib/libpython2.7.${python_IMPORT_SUFFIX})
-    set(PYTHON_EXECUTABLE ${python_DIR}/bin/SlicerPython)
+    set(PYTHON_EXECUTABLE ${python_DIR}/bin/PythonSlicer)
     set(slicer_PYTHON_REAL_EXECUTABLE ${python_DIR}/bin/python)
   elseif(WIN32)
     set(slicer_PYTHON_SHARED_LIBRARY_DIR ${python_DIR}/bin)
     set(PYTHON_INCLUDE_DIR ${python_DIR}/include)
     set(PYTHON_LIBRARY ${python_DIR}/libs/python27.lib)
-    set(PYTHON_EXECUTABLE ${python_DIR}/bin/SlicerPython.exe)
+    set(PYTHON_EXECUTABLE ${python_DIR}/bin/PythonSlicer.exe)
     set(slicer_PYTHON_REAL_EXECUTABLE ${python_DIR}/bin/python.exe)
   else()
     message(FATAL_ERROR "Unknown system !")
@@ -221,7 +221,7 @@ if((NOT DEFINED PYTHON_INCLUDE_DIR
       DEPENDEES install
       )
 
-    # Note: Install rules for SlicerPythonLauncherSettingsToInstall.ini and SlicerPython executable
+    # Note: Install rules for PythonSlicerLauncherSettingsToInstall.ini and PythonSlicer executable
     #       are specified in SlicerBlockInstallPython.cmake
 
     if(UNIX AND NOT APPLE)
diff --git a/SuperBuild/python_configure_python_launcher.cmake b/SuperBuild/python_configure_python_launcher.cmake
index f6ad008f3e4e9923cfa9f57a184968691a8ff80c..7f848a7d71f2997cfcfaa27ed3664678f99c1217 100644
--- a/SuperBuild/python_configure_python_launcher.cmake
+++ b/SuperBuild/python_configure_python_launcher.cmake
@@ -129,12 +129,11 @@ set(PYTHONLAUNCHER_PYTHONPATH_INSTALLED
 #
 # Notes:
 #
-#  * Install rules for SlicerPythonLauncherSettingsToInstall.ini and SlicerPython executable
+#  * Install rules for PythonSlicerLauncherSettingsToInstall.ini and PythonSlicer executable
 #  are specified in SlicerBlockInstallPython.cmake
 #
 
-ctkAppLauncherConfigureForExecutable(
-  APPLICATION_NAME SlicerPython
+set(_python_launcher_config_params
   SPLASHSCREEN_DISABLED
 
   # Additional settings exclude groups
@@ -161,3 +160,17 @@ ctkAppLauncherConfigureForExecutable(
   ADDITIONAL_PATH_ENVVARS_INSTALLED "${PYTHONLAUNCHER_ADDITIONAL_PATH_ENVVARS_INSTALLED}"
   ADDITIONAL_SETTINGS_FILEPATH_INSTALLED "<APPLAUNCHER_SETTINGS_DIR>/SlicerLauncherSettings.ini"
   )
+
+# Custom Python executable name must start with Python for compatibility with
+# development tools, such as PyCharm.
+ctkAppLauncherConfigureForExecutable(
+  APPLICATION_NAME PythonSlicer
+  ${_python_launcher_config_params}
+  )
+
+# SlicerPython executable name is deprecated and will be removed in the future
+# (name is not compatible with some development environments - see the comment above).
+ctkAppLauncherConfigureForExecutable(
+  APPLICATION_NAME SlicerPython
+  ${_python_launcher_config_params}
+  )
diff --git a/Testing/CMakeLists.txt b/Testing/CMakeLists.txt
index 45f2ed734d3ae231b4327178e571dbc6d228b8f6..f2dc2406c9268db2e26c98cbfef7ff0fa1318d67 100644
--- a/Testing/CMakeLists.txt
+++ b/Testing/CMakeLists.txt
@@ -1,6 +1,6 @@
 
 if(Slicer_USE_NUMPY AND PYTHON_EXECUTABLE)
 
-  add_test(SlicerPythonSimpleNUMPYTest ${Slicer_LAUNCH_COMMAND} ${PYTHON_EXECUTABLE} ${Slicer_SOURCE_DIR}/Testing/SimpleNUMPYTest.py)
+  add_test(PythonSlicerSimpleNUMPYTest ${Slicer_LAUNCH_COMMAND} ${PYTHON_EXECUTABLE} ${Slicer_SOURCE_DIR}/Testing/SimpleNUMPYTest.py)
 
 endif()
diff --git a/Utilities/Scripts/slicerExtensionWizard-install.sh.in b/Utilities/Scripts/slicerExtensionWizard-install.sh.in
index 98aa92ae4b4b0ed3dc8e1d53bf5371815b06f82d..bc1d4e64412fa6f948b9bcd9bde0ef1bcd044bb6 100755
--- a/Utilities/Scripts/slicerExtensionWizard-install.sh.in
+++ b/Utilities/Scripts/slicerExtensionWizard-install.sh.in
@@ -8,7 +8,7 @@ python="$bin/python-real"
 [ -x "$python" ] || python=python
 
 # Set up environment
-eval $("$bin/SlicerPython" --launcher-show-set-environment-commands)
+eval $("$bin/PythonSlicer" --launcher-show-set-environment-commands)
 
 @EXPORT_GIT_PYTHON_GIT_EXECUTABLE_CONFIG@