ANSYS acquires CEI to boost post-processing with EnSight

ANSYS acquires CEI to boost post-processing with EnSight

ANSYS has announced that it has acquired Computational Engineering International, Inc. (CEI), makers of EnSight, a nifty post-processor for Computational Fluid Dynamics (CFD) and Finite Element Analysis (FEA) simulations. As you might be aware, simulations result in...
CAE rumbles on: ANSYS, ESI and Exa earnings recaps

CAE rumbles on: ANSYS, ESI and Exa earnings recaps

Over the last few weeks, CAE companies have released earnings that highlight the growing importance of CAE technology in many companies’ product development processes, and the impact these technologies are having on the enterprises that use them. First, key...
ANSYS realigns to go from $1B to $2B

ANSYS realigns to go from $1B to $2B

ANSYS held its first earnings call under the leadership of new CEO Ajei Gopal today to discuss Q4 and full-year 2016 results and to offer investors a glimpse into where Mr. Gopal believes he can take ANSYS. One clear takeaway from the call: the goals are ambitious, as...
Quickie: ANSYS Q3 a bit light, sees modest growth in 2017

Quickie: ANSYS Q3 a bit light, sees modest growth in 2017

ANSYS just reported results for Q3 that were a wee bit light on revenue and a bit tentative on 2017 — but, overall, not bad. And there’s an acquisition, too. First, the details: Total revenue was $246 million, up 3% as reported and up 2% in constant...
Big changes coming at ANSYS

Big changes coming at ANSYS

ANSYS just announced that longtime CEO Jim Cashman will be stepping aside as CEO but will remain with ANSYS as Chairman of the Board of Directors. Taking the CEO reins will be Dr. Ajei Gopal, who has been a member of ANSYS’ Board since 2011. Dr. Gopal became...
ANSYS Q1 was a combo of platforms & headwinds

ANSYS Q1 was a combo of platforms & headwinds

ANSYS just reported financial results for the first quarter of 2016. It wasn’t a bad quarter, overall, but it certainly wasn’t one that beat expectations. Tough comparable, the continued slowdown in the semiconductor industry, new sales heads that are yet...
ANSYS’ Q4 shows it’s not immune from subs’ effects

ANSYS’ Q4 shows it’s not immune from subs’ effects

By now you’ve heard that ANSYS had an OK Q4 but still only reported revenue 2015 that was about on par with revenue in 2014. And the forecast for 2016 is, at best, lukewarm. Why? Yes, some of this is macro-economic and currency-related, but ANSYS is also seeing...
ANSYS Q4 revenue up 4%, at low end of guidance

ANSYS Q4 revenue up 4%, at low end of guidance

ANSYS just reported that Q4 revenue was $252 million, up 4% year/year, for a total of $943 million in 2015, up 8%. CEO Jim Cashman said in prepared remarks that the “fourth quarter presented us with a combination of both challenges and opportunities … Q4...
Q&A Tuesday: Treehouses, WiFi, CAE & PLM – oh my

Q&A Tuesday: Treehouses, WiFi, CAE & PLM – oh my

People find the Schnitger Corp. website in all sorts of ways, looking for a lot of different information. [Did you know we now have over 1,000 blog posts with maybe a million words — yikes.] Here are a couple of search terms that led people to this website and I...
ANSYS Q3 near top of guidance; sees 9% growth in 2016

ANSYS Q3 near top of guidance; sees 9% growth in 2016

ANSYS just announced that GAAP-basis revenue in Q3 was $238 million, up 2% as reported and up 9% in constant currencies — and near the top end of its earlier guidance. Software license revenue was $140 million, flat year/year as reported, while...