AVEVA is all in on digital transformation

AVEVA is all in on digital transformation

Oct 2, 2019 | Hot Topics

If we believe Harvard Business Review (and they usually know what they’re talking about), “the failure rate for mergers and acquisitions (M&A) sits between 70 percent and 90 percent.” [The original article is behind a paywall; go here for a...
ESI’s first half shows progress

ESI’s first half shows progress

Sep 23, 2019 | Hot Topics

ESI’s first half shows progress ESI Group, the French CAE company, last week reported results for the quarter and half-year ended 31 July. For the half, revenue was up 3% as reported and up 0.4% in constant currencies (cc) to €55 million; for the quarter, total...
ESI’s first half shows progress

Quickie: Siemens invests in Built Robotics

Sep 20, 2019 | Hot Topics

So much news these days: TechCrunch reported yesterday that Siemens AG has participated in a $33 million Series B financing round at Built Robotics via its Next47 investment division, joining other investors Building Ventures, Founders Fund, Presidio Ventures, Lemnos...
Siemens snaps up partner PSE for process design

Siemens snaps up partner PSE for process design

Sep 18, 2019 | Hot Topics

If you pay attention to the process industries (oil and gas, chemicals, and so on), you’ll know that much of the economic decision-making rests on the design of the chemical processes that transform crude into heating oil or petroleum by-products into commodity...
Siemens snaps up partner PSE for process design

Quickie: ANSYS to acquire LS-DYNA

Sep 11, 2019 | Hot Topics

Technically, ANSYS will acquire Livermore Software Technology Corporation (LSTC), maker of LS-DYNA but, ya know … And it’s a BIG bucks deal: ANSYS will pay a purchase price $775 million, 60% cash and 40% via the issuance of ANSYS common stock to the...
What’s in a name?

What’s in a name?

Sep 11, 2019 | Hot Topics

If you’re Siemens, apparently it’s plenty. If you tuned into the PLMish news last week, you’ll likely know that Siemens PLM Software is now Siemens Digital Industries Software and that the overarching umbrella brand for that software is Xcelerator....
Siemens snaps up partner PSE for process design

Quickie: RIB invests in US Autodesk reseller

Aug 28, 2019 | Hot Topics

Now this is interesting: RIB, the German maker of the iTWO/MTWO* BIM-focused solution set for the construction industry, just announced that it has acquired a 60% share of U.S. CAD, an Autodesk reseller based in California and with offices across the Western US....
AI hits the commercial mainstream

AI hits the commercial mainstream

Aug 22, 2019 | Hot Topics

I’ve been getting a lot of questions about AI –what is it, how do I use it, what data do I need to gather to feed the machine, what does it even MEAN?? (very angsty, usually in an “am I already behind” panic)– and thought I’d try to...
ESI’s first half shows progress

Altair’s Q2 solid, Q3? Hmmm

Aug 20, 2019 | Hot Topics

Altair has had a rough time since announcing their Q2 results earlier this month, with the stock down 10% since the news hit the wires. Why? Investors were seemed OK with the Q2 report but were underwhelmed by the company’s guidance for Q3 and the year as a...
ESI’s first half shows progress

ANSYS hit Q2 out of the park

Aug 15, 2019 | Hot Topics

One giant deal, several large deals and new accounting rules helped ANSYS report a Q2 that knocked most metrics out of the park**. Details are below, but the main takeaway, for me, of ANSYS’ Q2 is this: being a one-stop shop matters. Having the ability to...