PTC’s FQ3 shows surprising demand for subs

PTC’s FQ3 shows surprising demand for subs

It’s big-boy PLMish earnings week and, so far, so good. PTC on Wednesday (and Dassault Systèmes on Thursday, blog post in the works) reported that demand remains solid. PTC customers’ appetite for subscriptions continues to surprise as it came in...
Quickie: PTC’s FQ3 is right where they said it would be

Quickie: PTC’s FQ3 is right where they said it would be

Sorry to interrupt your beach day, but it’s earnings season and PTC just reported that FQ3 GAAP revenue was $289 million, right in the middle of the target of $287 million to $292 million, and down 5% from a year ago. You’ll recall that PTC is (also,...
LiveWorx 2016 celebrates the physical+digital world

LiveWorx 2016 celebrates the physical+digital world

What happens when you mix a lot of old-time CAD super-users with new, edgy technology? Some cross mojonation* but also quite a bit of resistance. It’s interesting; people who are excellent at their jobs are the most resistant to change because it will make them...
PTC’s Q2 revenue misses but positions for the future

PTC’s Q2 revenue misses but positions for the future

It’s tough to be PTC right now. Most indicators are going in the right direction: subscriptions are ahead of expectations (though that means perpetual license revenue is below plan), IoT-related sales are growing as PTC sells both standalone IoT solutions and...
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...
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...