Bentley adds traffic modeling to Digital Cities offering
Bentley Systems today announced two acquisitions that will extend its Digital Cities offering to traffic modeling, analytics and planning -- what digital cities types call mobility. By adding Citilabs and Geospatial Technologies to the company's current offerings, CEO...
Altair, more than the sum of its parts
Quick: What do you think of when I say Altair? HyperMesh? OptiStruct? SolidThinking? Datawatch? Tokens/subscriptions/Units? Yeah - me, too. But I learned at Altair’s global Technology Conference last week that it’s much, much more than that. Yes, the company buys a...
Altair says PollEx bridges the gap between mechanical and electrical
As I noted earlier today, Altair will be acquiring Polliwog to expand its EDA portfolio to printed circuit board (PCB) design and analysis. We learned a bit more about Polliwog (though not why the whimsical name, which is of course the most important part of this...
Altair gets further into EDA, acquiring Polliwog
It's early early in Detroit (the sun's not even glimmer on the horizon) and we're already seeing news come out of Altair's Technology Conference --its annual user event-- that, I'm sure we'll learn a lot more about as the day goes on. Anyway, Altair announced that it...
Trimble snaps up Cityworks for asset management
I am often asked what municipalities and other owners of bigger/older/not-all-digital assets can do to get in on the whole digital twin thing that the media (and I, to be fair) keep going on about. My usual message: start somewhere, with what you have. Figure out what...
AVEVA is all in on digital transformation
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 synopsis.] Lots of...
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 revenue was €28 million, up 5% (up 2%...
Quickie: Siemens invests in Built Robotics
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
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...
Quickie: ANSYS to acquire LS-DYNA
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 current owners...
What’s in a name?
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. Why, you rightly...
Quickie: RIB invests in US Autodesk reseller
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
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 answer some of the questions...
Altair’s Q2 solid, Q3? Hmmm
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 whole....
ANSYS hit Q2 out of the park
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 support a...
Hexagon’s Q2 dragged down by troubles in China
Hexagon last week reported Q2 results that expanded on their preannouncement earlier in July. Weakness in China led to an overall revenue decline of 1% on an organic basis -- though the company reports that revenue from China declined 25%, so clearly grew nicely...
Nemetschek’s Q2 strong, slows slightly from Q1
Nemetschek announced today that Q2 revenue was up 15% on an organic basis and 21% overall to €138 million. That's very, very good but investors will likely focus on the fact that Q1 growth was 27% as reported (23% cc) and 21% on an organic basis. The details: Total...
PTC’s FQ3 was OKish but weak bookings make investors unhappy
After what looked like a blockbuster LiveWorx last month, with buoyant customer use cases and technology roadmaps galore, PTC yesterday announced results that felt ... flat. Some of the details (see them all here), using ASC 605 accounting because that enables us to...
AVEVA says it saw high single/low double digit growth in the June quarter
AVEVA today issued a trading update, to keep pace with parent company Schneider Electric's fiscal second quarter results announcement. AVEVA said that it had a "good start to the financial year", with"high single digit revenue growth on a constant currency basis" but...
DS rocked Q2 but isn’t building a supersonic car. Bummer.
I am still plowing through Dassault Systèmes' materials about its second quarter, so may write an update later but here are first impressions: Q2 was good, really good, with non-IFRS revenue of €965 million, up 16% as reported, up 13% in constant currencies (cc) and...
