Quickie: ANSYS acquires to add to EMAG offering

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: ANSYS acquires to add to EMAG offering

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...
Hexagon rides diversification wave, Q2 up 5%cc

Quickie: DS blows by Q2 forecast

Dassault Systèmes reported today that Q2 revenue was €716 million, up 29% as reported (and up 16% in constant currency) year/year. The company had forecast non-IFRS total revenue of around €675 million and just reported non-IFRS Q2 revenue of €723 million. Some of...
Hexagon rides diversification wave, Q2 up 5%cc

MuM reports H1 up 15%, VAR up 10% or so ex-fx

German reseller and software developer Mensch und Maschine (MuM) releases its earnings shortly before other PLM companies and often signals whether the market is doing well — if the company’s Q2 report is anything to go by, it should be a decent earnings...