Altair has a great Q1 on the convergence of CAE, HPC & AI
Altair CEO Jim Scapa started off the company's Q1 earnings call by saying that their vision of the "convergence of simulation, HPC [high-performance computing] and AI [artificial intelligence] driving enterprise decisions is emerging as a clear imperative embraced by...
Ansys has a solid Q1 but ACV concerns drag down the stock price
Ansys reported Q1 results yesterday that were both good and not-so good --are you seeing a pattern here? PTC and ESI also reported mixed news, with positive Q1 results tamped down by uncertainty around the rest of 2021. First, the details: Ansys reported Q1 GAAP total...
ESI turns the corner, back to growth in Q1
Catching up on more earnings announcements. Last week, ESI Group reported Q1 revenue of €55.5 million, up 1% as reported and up 4% in constant currencies. ESI has been reinventing itself and first issued guidance to investors during the last earnings call. Q1 2021...
Hexagon continues to improve; Q1 revenue up 10%
Hexagon reported results last week that were surprisingly good and that --remember that Hexagon doesn't itself issue guidance-- beat analyst consensus. The details: Total revenue in Q1 was €978 million, up 10% as reported and up 11% on an organic, constant currency...
PTC reports Core up 21%cc in FQ2 but leaves F2021 targets (mostly) alone
PTC reported results last week that were both good and worrisome. The details, then what I think it might mean: Total revenue in PTC's fiscal Q2 2021 was $462 million, up 28% as reported and up 22% in constant currencies (cc) -- well ahead of guidance and everyone's...
Quickie: Bentley acquires for iTwin offering
Bentley just announced that it is acquiring sensemetrics and Vista Data Vision, both of which make software for Internet of Things (IoT) applications targeted at infrastructure use cases. Bentley says the companies will "expand the scope of the Bentley iTwin platform...
DS’s Q1 beat expectations on mainstream strength
Dassault Systèmes reported results for its fiscal first quarter today. There's a lot to unpack, so let's get to the details: Total revenue of €1173 million was up 3% as reported and up 9% in constant currencies (cc), meeting expectations. In general, DS said strong Q1...
Quickie: Siemens adds TimeSeries to Mendix
A busy day just got busier: Siemens Digital Industries Software just announced that it will acquire TimeSeries, which helps partners and customers build industry-specific low-code apps on its Mendix platform. According to Siemens, TimeSeries is already a Mendix...
Bentley acquires Nadhi for project controls, focus on India
Bentley Systems just announced that its Acceleration Initiatives business has acquired India-based Nadhi Information Technologies, a "specialist in project controls, analytics, and decision support for construction supply chains", with a focus on the Indian...
AVEVA’s F2021 basically flat — but optimistic about AVEVA+OSI future; CEO Hayman stepping down
As you know, Schneider Electric (SE) owns a majority of AVEVA shares, so when Schneider announces results they usually say something about AVEVA's results. SE is on a calendar year and talks results every quarter; AVEVA is on a March-ending calendar and talks in...
MuM announced a “pleasing start” to 2021
Get ready -- PLMish earnings really crank up this week. We're off to a good start, with MuM announcing last week that sales aren't yet at pre-pandemic levels but were, even so, good. MuM, more formally Mensch und Maschine Software, (MuM) a CAD/CAM specialist company,...
GRAITEC + StrucSoft boosts independence & readiness for modern AEC build
I often write about Germany's Mensch und Maschine (MuM). MuM is an Autodesk reseller and a software developer in its own right; I've been covering their quarterly earnings releases to better understand how Autodesk resellers did as a large proportion of their revenue...
Aras secures investment from GI Partners
Given all of the recent PLMish acquisition news, it's natural to ask: what about Aras? Turns out, it's going to continue to go it alone -- at least for now. Aras just announced that it has reached an agreement on a "substantial growth investment" from GI Partners, a...
Siemens adds to IC verification offering with the acquisition of OneSpin
There was one more deal yesterday, that I just couldn't get to: Siemens is adding to its IC verification portfolio with the acquisition of OneSpin Solutions from Azini Capital. OneSpin, according to Siemens, is "a strong, fast-growing business [that provides] a broad...
Pointwise acquired by Cadence
It's getting hard to keep up! Just in, an email from Pointwise, the CAE meshing experts: We are happy to report today that Pointwise, Inc. is being acquired by Cadence Design Systems, Inc. (Nasdaq: CDNS), a pivotal leader in Intelligent System Design, building upon...
Autodesk to acquire Upchain PLM
Super quick: Autodesk just announced that it will acquire Upchain, maker of cloud-based PLM and PDM solutions. The acquisition price wasn't disclosed but it appears that the companies expect the transaction to close by July 31, 2021. In an email to industry analysts,...
Bentley adds to its digital cities offering with INRO deal
Bentley Systems just announced that it has acquired INRO Software, a maker of transportation planning, traffic simulation, and mobility visualization solutions. You may recall that Bentley has already acquired and built a few pedestrian and traffic modeling solutions...
Siemens weighs in on 2020 and 2021 — and is optimistic
Last month, I was fortunate enough to speak with Tony Hemmelgarn, CEO Siemens' Digital Industries Software division. Mr. Hemmelgarn oversees much of what we think of as Siemens' PLM business, with brands such as Teamcenter, NX, Simcenter, Tecnomatix, and Mentor (now...
Shapr3D: Cool CAD on an iPad (and now, macOS too)
You probably don't know this about me, but I used to be really good at CAD. A long time ago, after the advent of the PC but before Bitcoin. I used to demo CAD in some of my product management roles. Still, stone age. Today I love talking to CAD people about what they...
3 on a Friday: Procad + Acatec for configs, Autodesk closes Innovyze, Spectris grows its CAE/test platform
Lots of acquisition news this week. I already covered Bentley's expansion in Maximo implementations and Hexagon's into AI-powered CAE -- here are a few more of interest: Ralf Steck pointed out that Procad, a German PLM provider, acquired a majority stake in Acatec,...
