Exa’s Q2 shows good progress

Exa’s Q2 shows good progress

Exa reported results last week that show good progress, if not stellar growth. Total revenue in Q2 was $15.5 million, up 4% as reported and up 15% in constant currencies — more or less in line with prior guidance and Wall Street’s expectations. The details: License...
Accelerate 2015 tackles PLM, one bite at a time

Accelerate 2015 tackles PLM, one bite at a time

The end of summer, warm days, cool nights, Boston harbor all around. Hard to focus on PLM, right? But 300 of us managed it, inside the Seaport Convention Center at Accelerate 2015. We were treated to dozens of presentations by Autodesk PLM360 users and Autodesk...
An appreciation: Steve MacDonald of CD-adapco

An appreciation: Steve MacDonald of CD-adapco

An incredibly sad email just came across the transom: CD-adapco announces the death of one of its founders, Steve MacDonald. Mr. MacDonald was smart, funny, abrasive, did not suffer fools, could be very kind and was a great guy to sit with and just … chat. He...
Quickie: On Autodesk subscriptions & perpetuals

Quickie: On Autodesk subscriptions & perpetuals

I’m still working on a longer write-up of Accelerate, Autodesk’s PLM event earlier this week, but need to weigh in on news that I’ve seen a bit mis-characterized: Autodesk yesterday announced that it will no longer offer perpetual/maintenance...
Quickie: ANSYS acquires to add to EMAG offering

Quickie: ANSYS acquires to add to EMAG offering

A quick update since I’m still at Accelerate, Autodesk’s PLM360 user event: ANSYS just announced that it has acquired the assets of Delcross Technologies to add to its electromagnetic simulation and radio frequency system analysis offering. Not something I know much...
Autodesk’s Q2 highlights that change is hard

Autodesk’s Q2 highlights that change is hard

Autodesk reported results on Thursday that highlight exactly how hard it is to predict the transition from boxes/perpetual to subscriptions/ratable. Given all the moving pieces, the Q2 results weren’t awful but the share was still down nearly 5% in...
PTC invests in ServiceMax to expand ops, R&D

PTC invests in ServiceMax to expand ops, R&D

PTC is putting more of its money into building a thriving Service Lifecycle Management business, taking part in an $82 million Series-F round of funding for ServiceMax. ServiceMax, which makes cloud-based field service management apps, has now raised a total of $202...
Pardon our appearance …

Pardon our appearance …

You may have noticed that the Schnitger Corp. website looks a little …. different …. today. We’re redesigning it to make it cleaner and neater, and easier to use as a reference. Please bear with us during these changes, and let us know if you can’t find...
Hexagon rides diversification wave, Q2 up 5%cc

Hexagon rides diversification wave, Q2 up 5%cc

Hexagon, the parent company of Intergraph, Leica, Vero and other brands you know, reported Q2 revenue of €781 million, up 23% as reported (hold on — the devil is in the details) and a tad ahead of expectations. On an organic, constant currency basis (cc),...
ANSYS’ Q2 shows steady pace

ANSYS’ Q2 shows steady pace

ANSYS today reported Q2 revenue of $235.5 million, smack in the middle of its prior forecast of  $230 million to $238 million and about $1 million ahead of Wall Street consensus. That’s good, and the news sent the share price up about 2%; after the earnings...