PTC blows by targets in FQ1, ups guidance for the year

As previewed last night, PTC announced startlingly strong results for the December quarter, 2009. To recap, total revenue was up 8%, led by a very strong rebound in license revenue. Not surprising, maintenance revenue was down, since it’s driven by license sales in...

PTC reports solid December quarter, license up 48%

PTC just reported results for the fiscal first quarter. Quick points: • Q1 revenue of $258 million, up 8%, driven by license growth of 48% • PLM license revenue was $45 million, up 143% year-over-year • PTC reports a slight year-over-year decline in maintenance and...

Mentor Graphics trying to make a splash with CFD

Mentor Graphics bought boutique CFD house Flomerics in 2008 to strengthen its offerings in the printed circuit board (PCB) and accelerate its entrance into markets outside the traditional (and volatile) electronics space. Before it became Mentor Graphics’ Mechanical...

AVEVA says recent performance is “Satisfactory”

In the opening salvo of earnings reports in the greater PLM universe, AVEVA Group today issued an interim statement saying that its performance since October 2009 is “satisfactory” as the company has seen resilience in the oil, gas and power segments, especially in...

SAP blinks, delays maintenance hike

You just gotta love spin: “In a demonstration of its commitment to customer satisfaction, SAP [on January 14] announced the introduction of a comprehensive, tiered support model” that leaves 2010 pricing at 2009 levels. Recall that SAP tried to move all customers to a...

2009: The year the buyer/vendor balance shifted

As we look back on 2009, it becomes apparent that the single story of the year might have been “doing more with less”. For too many companies, this meant closing plants, reducing their workforce and cutting costs wherever possible. CIOs were charged with cutting IT...

Are you social?

It’s been a while since I’ve blogged about PLM’s efforts to engage in social media, so it’s time for an update. On a somewhat depressing note, not that much has changed. Yet. And that’s the good news: a number of PLM companies are still in the watching phase, trying...

CAE to rebound in 2010, up 8%

Forrester Research yesterday gave a rosy forecast for tech spending in 2010, saying in a press release that “global IT spending, which dropped 8.9 percent last year, will rise 8.1 percent in 2010 to more than $1.6 trillion.” Forrester sees spending on computer...

Autodesk tucking in

I missed it at the time, so perhaps you did too: Back in December, it was announced that Autodesk had acquired PlanPlatform (also known as Visual Tao) for about $25 million, according to the Haaretz (Israeli) newspaper. PlanPlatform was formed in 2007 by former...

Webinars 102

Do you follow up? Your competition does. A year ago, in Webinars 101, I listed 7 things companies could do to improve the effectiveness of their webinar-based marketing campaigns. Unfortunately, many companies using webinars to reach out to customers and prospects...