PTC’s FQ2 featured ‘strong’ CAD, PLM performance

PTC’s FQ2 featured ‘strong’ CAD, PLM performance

PTC announced results on Wednesday that were, in a single word, impressive. Growth across most revenue categories, product lines, channels — and with positive outlook for the rest of 2018, too, which means no deals were pulled from the future into the fiscal second...
Quickie: New AVEVA names new CEO — and he’s from PTC

Quickie: New AVEVA names new CEO — and he’s from PTC

Small world. AVEVA today announced that PTC’s Craig Hayman will become CEO of the entity that will be created once the merger of AVEVA and Schneider Electric’s software business has completed. Mr. Hayman starts on February 19, so the close seems imminent....
Happy 2018 — and, optimize THIS

Happy 2018 — and, optimize THIS

I hope you had a wonderful year-end, filled with people you love. Or tolerate, if that’s how you roll. In any event, as peaceful and relaxing as it could be. I’ve been trying to write a 2017 retrospective and, honestly, the mind boggles. So much happened,...
Quickie: PTC’s FQ3 suffers from weakness in Japan

Quickie: PTC’s FQ3 suffers from weakness in Japan

It’s tough to be PTC. Revenue ahead of expectations, license and subscription bookings not so much, “sales execution issues” in Japan … weak guidance for the company’s fiscal Q4 … stock gets hammered. A few of the details — much more...
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...
Quickie: PTC’s FQ4 as expected — and a huge SLM deal

Quickie: PTC’s FQ4 as expected — and a huge SLM deal

You might recall that PTC pre-announced its fourth fiscal quarter earlier this month that set expectations for Q4 revenue rather low but raised the bar on future results. Today, the company filled in the details: Total revenue in FQ4 was down 8% from a year ago to...
PTC says Q4 revenue will be low because of … subs

PTC says Q4 revenue will be low because of … subs

PTC just announced preliminary results for Q4 of fiscal 2016 (ended last week) that show bookings will be well ahead of plan but revenue lower than expected. Blame math: more buyers chose subscriptions than perpetuals, which means revenue will be below expectations...