PTC surprised by subs, DS continues to roll

PTC surprised by subs, DS continues to roll

It’s a big day in PLMish earnings, as PTC reported last night and Dassault Systèmes this morning. We’ll get to details in other posts but here are the highlights: PTC continues to struggle with the mix of traditional and subscription licensing, causing...
Geometric to be acquired by HCL

Geometric to be acquired by HCL

When we think of PLM, we tend to focus on the biggest of the big: Siemens PLM, Dassault Systemes, Autodesk, ANSYS, and so on — but these companies rely on a host of component developers, outside software development resources and integration partners to bring...
SolidWorks World 2016: makers, cloud and subs

SolidWorks World 2016: makers, cloud and subs

Kishore Boyalakuntla, SolidWorks Brand User Experience Leader, joked that SolidWorks World is a bit like Disney for engineers — and, you know, it is! This year’s event had a slightly different vibe: it was less serious, more maker and decidedly not DS-centric. Yes,...
DS’ Q3 blew past expectations

DS’ Q3 blew past expectations

Dassault Systèmes just announced Q3 results that nicely exceeded July’s guidance of total, non-IFRS revenue of about €665 million; Q3 came in at non-IFRS revenue of €686 million, up 9% in constant currencies. I think that’s also a bit above market...
Browser, new UI & consistent focus in SolidWorks 2016

Browser, new UI & consistent focus in SolidWorks 2016

SolidWorks debuted its 2016 release a couple of weeks ago and officially released it last week —you should check out its 300+ enhancements/major fixes at solidworks.com or by attending an event hosted by your favorite reseller— but it’s tough to sum up in 1000 words....
Quickie: DS blows by Q2 forecast

Quickie: DS blows by Q2 forecast

Dassault Systèmes reported today that Q2 revenue was €716 million, up 29% as reported (and up 16% in constant currency) year/year. The company had forecast non-IFRS total revenue of around €675 million and just reported non-IFRS Q2 revenue of €723 million. Some of...
Update: DS and Modelon, not a total acquisition

Update: DS and Modelon, not a total acquisition

Dassault Systèmes yesterday announced that it had acquired Modelon Gmbh but wasn’t really clear about the details. A number of you emailed and tweeted to ask for more information; here’s what I’ve learned: DS acquired Modelon AB’s 45% stake in...
Quickie: DS rocks Q1, acquires Modelon

Quickie: DS rocks Q1, acquires Modelon

Heading out to day 2 of the Siemens Oil and Gas Innovations Conference but wanted to take a quick peek at Dassault Systèmes Q1 results, reported early this morning. On the surface, DS knocked Q1 out of the park, soundly beating its total revenue target €615 million or...