An appreciation: Steve MacDonald of CD-adapco

An appreciation: Steve MacDonald of CD-adapco

An incredibly sad email just came across the transom: CD-adapco announces the death of one of its founders, Steve MacDonald. Mr. MacDonald was smart, funny, abrasive, did not suffer fools, could be very kind and was a great guy to sit with and just … chat. He...
Quickie: On Autodesk subscriptions & perpetuals

Quickie: On Autodesk subscriptions & perpetuals

I’m still working on a longer write-up of Accelerate, Autodesk’s PLM event earlier this week, but need to weigh in on news that I’ve seen a bit mis-characterized: Autodesk yesterday announced that it will no longer offer perpetual/maintenance...
Quickie: On Autodesk subscriptions & perpetuals

Quickie: ANSYS acquires to add to EMAG offering

A quick update since I’m still at Accelerate, Autodesk’s PLM360 user event: ANSYS just announced that it has acquired the assets of Delcross Technologies to add to its electromagnetic simulation and radio frequency system analysis offering. Not something I know much...
Quickie: On Autodesk subscriptions & perpetuals

Autodesk’s Q2 highlights that change is hard

Autodesk reported results on Thursday that highlight exactly how hard it is to predict the transition from boxes/perpetual to subscriptions/ratable. Given all the moving pieces, the Q2 results weren’t awful but the share was still down nearly 5% in...
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...
Pardon our appearance …

Pardon our appearance …

You may have noticed that the Schnitger Corp. website looks a little …. different …. today. We’re redesigning it to make it cleaner and neater, and easier to use as a reference. Please bear with us during these changes, and let us know if you can’t find...
Hexagon rides diversification wave, Q2 up 5%cc

Hexagon rides diversification wave, Q2 up 5%cc

Hexagon, the parent company of Intergraph, Leica, Vero and other brands you know, reported Q2 revenue of €781 million, up 23% as reported (hold on — the devil is in the details) and a tad ahead of expectations. On an organic, constant currency basis (cc),...
Hexagon rides diversification wave, Q2 up 5%cc

ANSYS’ Q2 shows steady pace

ANSYS today reported Q2 revenue of $235.5 million, smack in the middle of its prior forecast of  $230 million to $238 million and about $1 million ahead of Wall Street consensus. That’s good, and the news sent the share price up about 2%; after the earnings...
Hexagon rides diversification wave, Q2 up 5%cc

Nemetschek’s Q2 up 34%, boosted by Bluebeam

Earnings season continues to roll, with many IT and industrial companies reporting this week. So far, foreign exchange seems the dominant factor for many: fluctuations can cause companies to miss their targets purely because of the math and it can make goods and...
Hexagon rides diversification wave, Q2 up 5%cc

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...