ESI reports steady progress in Q4

ESI reports steady progress in Q4

ESI just reported revenue for the fourth quarter and fiscal year that ended on January 31 — and the news is good. Recall that ESI’s revenue is really backweighted, with the bulk of renewals coming in Q4 and skewing result for earlier periods each year....
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...
MuM sees subs growth resuming in H2 2017

MuM sees subs growth resuming in H2 2017

Earlier this week, Germany’s Mensch und Maschine Software announced preliminary results for 2016 — and they were solid, even with the perpetual to subscription transition it and its customers are working through. Total revenue in 2016 was €167 million, up...
Quickie: Nemetschek hit record revenue in 2016

Quickie: Nemetschek hit record revenue in 2016

Nemetschek just announced preliminary results for 2016 — and they’re solid. Revenue was around €337 million, at the low end of the company’s earlier guidance but still up 18% over 2015. We don’t have any real detail about Q4 but through the...
PTC’s FQ1 shows strength across the board

PTC’s FQ1 shows strength across the board

PTC last night gave us our first glimpse into how 2016 ended for PLMish companies — and the news was solid. Demand for PTC’s CAD products was up and the company’s “land and expand” strategy in IoT seems to be working. Not so awesome: the...
Sallinger of PPM, another long-time PLMish CEO, steps aside

Sallinger of PPM, another long-time PLMish CEO, steps aside

Hexagon today announced that Mattias Stenberg has taken over as President of the Process, Power & Marine (PPM) business, succeeding Gerhard Sallinger, who has been appointed Senior Vice President of Strategic Alliances for Hexagon. Mr. Sallinger, who has been with...
ESI’s Q3 shows continued momentum

ESI’s Q3 shows continued momentum

It looks like things may finally be coming together for ESI. Q3 results, released a few weeks ago, show that the company is reaching new customers, deepening relationships with longtime customers — and partnering with a leading research institute to...