PTC takes a look, clarifies IoT+CAD+PLM+VR+SLM vision

PTC takes a look, clarifies IoT+CAD+PLM+VR+SLM vision

PTC last week rolled out its vision for the augmented reality-enabled enterprise: access to all sorts of data related to an object, served out on tablets, watches, phones and other devices, with the specifics of the data tailored to the needs of the user. This vision...
Q&A Tuesday: It’s not all about CD-adapco

Q&A Tuesday: It’s not all about CD-adapco

… though most of your questions over the last two days have been focused on CD-adapco and Siemens PLM. There is other news out there worth your consideration. First, keeping to the CAE theme: SIMSOLID (about which I’ll write more thoughtfully...
Welcome to 2016! Deals continue …

Welcome to 2016! Deals continue …

Happy New Year! May 2016 bring you nothing but happiness, health and prosperity! It’s starting the way 2015 ended: with news of acquisitions and divestitures. Nemetschek says that it has concluded its acquisition of all of the shares of Solibri. You may remember...
PTC’s Q4 revenue down, subs & manufacturing economy

PTC’s Q4 revenue down, subs & manufacturing economy

Earnings come, whether I’m there to listen or not. PTC just reported fiscal Q4 and 2015 results — and, at first glance, they’re decent given the change to a subscription model. About to hop on a plane but here are the bare facts: Total revenue in Q4...
PTC gets into AR with Vuforia acquisition

PTC gets into AR with Vuforia acquisition

Interesting news — from the “I didn’t see this coming” department: PTC just announced that it is acquiring Qualcomm’s Vuforia business for $65 million. Vuforia makes augmented reality (AR) technology, which PTC says is “the...
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...
PTC’s FQ3 a story of big deal misses and IoT growth

PTC’s FQ3 a story of big deal misses and IoT growth

As PTC announced a few weeks ago, fiscal third quarter (FQ3) revenue was $304 million, below the company forecast of $306 million to $311 million. What happened in the quarter to cause revenue to be below expectations? It comes down to two things: PTC’s reliance on...
PTC starts earnings with a warning, deals slipping

PTC starts earnings with a warning, deals slipping

PTC last week said that its fiscal third quarter (ended June 30) would be a bit light, as it expects to report GAAP revenue of $303 million, short of its own forecasts and analysts consensus of $310 million and down about 10% from a year ago. Not surprising, then,...
Reaching that one customer in a PLMish landscape

Reaching that one customer in a PLMish landscape

I’ve attended a lot of engineering software company events over the last 6 weeks or so and find myself wondering: how can these vendors balance serving their long-term core user bases even as their offerings branch out and get more complex? The story gets harder...