FARO buys Traceable 3D
Superquick: FARO Technologies just announced that they've acquired Advanced Technical Solutions in Scandinavia AB ("ATS"), maker of Traceable 3D, which combines measurement, technology, and methodology in a single workflow. The point? Repeatable data capture and...
AspenTech continues trend of good PLMish news
We're learning a lot about what works and what doesn't when a global pandemic hits -- there's no guarantee that this will work next time but, so far: low-touch subscriptions sales and renewals, anything that lets people work remotely, and risk reduction technologies...
Altair’s Q2 beat expectations; leads to slight raise in 2020 guidance
Altair reported results last week that continue the PLMish theme of "it could have been much much worse". First, the details: Total revenue was $98.6 million, down 8% as reported (and down 6% in constant currencies, cc) but ahead of the company's guidance Software...
AVEVA says it’s in talks to acquire OSIsoft
It’s been rumored for a while that Schneider Electric is thinking about acquiring OSIsoft; today AVEVA said in a press release that it was in talks for the deal. (Schneider Electric owns most of AVEVA.) If you're just tuning in to this news, OSIsoft makes PI (Plant...
Siemens Digital Industries software revenue up 11% – and a hint that all is well at Bentley
Siemens AG is a huge and complicated business that announced fiscal third-quarter results yesterday. Total FQ3 revenue was down 5% from a year ago to €13.5 billion. Orders, an important metric for companies that sell hardware, fell by 7% to €14.4 billion, though it...
ANSYS Q2 shows big deals CAN be closed during a pandemic
Large deals made ANSYS' Q2 look unusually strong, in what otherwise has been a relatively weak reporting season in our PLMish world. ANSYS CEO Ajay Gopal said the company closed the largest deal in its history in Q2, as an existing automotive customer standardized on...
Quickie: Nemetschek’s cautious optimism, RIB roars ahead
A quick update on Nemetschek and RIB's AEC-ish earnings --- and on the progress of Schneider Electric's acquisition of a majority of RIB's shares, since you've been asking. Starting with Nemetschek, total Q2 revenue was €141.6 million , up 3% as reported, up 2% in...
PTC’s FQ3 was better than feared, leads to slightly raised expectations for FY20
PTC announced what it would announce on July 8, so last week's earnings release wasn't in any way a surprise -- but the color and context around the news is what matters. A quick review, then on to the broader picture. The details: Total revenue in FQ3 was $352...
Hexagon’s Q2 was better than expected — and it adds TACTICAWARE 3D LIDAR to its portfolio
Hexagon reported results a few weeks ago and I am just now getting to a quick blog about it -- will work this week to catch up on ALL the earnings - yikes -- and they were pretty much as expected, especially since the company has preannounced on July 13. The real news...
Autodesk responds to Revit users; I give it a C+
You may recall that last week a group of Revit users issued a public letter to Autodesk, in which they laid out their frustrations regarding a perceived lack of investment in Revit -- all while prices rose. It was signed by 17 architecture firms, though backed by more...
Quickie: AVEVA updates on June quarter & seems optimistic about the future
As we're starting to see across our PLMish landscape, the June quarter wasn't horrible -- it wasn't great, and companies that rely on hardware or perpetual license sales suffered more than those whose main revenue source is subscription-type revenue -- and there's...
Super-Quick: Update on Siemens + SAP Teamcenter
We're starting to get answers to some of the open questions about the partnership SAP and Siemens announced earlier this month, regarding the integration of Siemens' Teamcenter and SAP's S4/Hana. Many questions aren't answerable yet; it's just too early. We don't know...
What do you do when your customers revolt, publicly?
If you're outside the world of AEC (or lucky enough to be on vacation) you might have missed it: Seventeen of Autodesk's most influential AEC customers wrote an open letter to CEO Andrew Anagnost, criticizing the company for continually raising prices on what they see...
Super-quick: Altair snaps up polyurethane foaming simulation solution
A busy day ahead so this has to be quick: Altair just announced that it has acquired S&WISE, a Korea-based provider of polyurethane foaming simulation. I am not familiar with S&WISE, so have to rely on Altair's press release which says that S&WISE...
DS reports a good Q2 and tweaks full-year forecast
Very quick because it's that kind of day -- but need to let you know that Dassault Systèmes reported that Q2 results met expectations and an acquisition: DS Q2 non-IFRS revenue was €1,071 million, down 8% on an organic basis but up 11% including the Medidata...
Autodesk adds to AI-in-construction offering with the acquisition of Pype
I've been talking and writing a lot about the perceived technology gaps in AEC and much depends on the size of the enterprise and type of project. But one thing is clear: the industry is drowning in poorly managed and seldom utilized data. Autodesk, across its massive...
Here we go: MuM starts PLMish earnings, Q2 revenue down 9% y/y
Mensch und Maschine Software (MuM) today said that its first-half "solidly remained on the growth path - in spite of significant retarding effects from Corona in Q2", with revenue up 9% to €130.4 million. MuM's own software businesses saw revenue up 1% to €38 million,...
Siemens + SAP = Teamcenter Squared?
Last week Siemens and SAP announced that they would be connecting Siemens' Teamcenter with SAP's supply chain and asset management solutions to, as they said, deliver integrated end-to-end software solutions across product lifecycle, supply chain and asset management....
Super-quick: Siemens acquires Avatar Integrated Systems to add to Mentor portfolio
Siemens announced yesterday that it has will acquire Avatar Integrated Systems Inc., maker of place and route software for integrated circuit (IC) design. Avatar's Aprisa is a "block-level place and route (P&R) system with placement, clock tree synthesis, routing,...
Bentley’s been busy, creating the Acceleration Fund, building Virtuosity and buying a Maximo reseller
Did you know that Bentley has an Acceleration Fund? Me neither! But it, and the company, have been making newsworthy announcements over the last few days. Yesterday, Bentley announced that its Acceleration Fund has acquired Cohesive Solutions, the largest North...
