AVEVA’s firing on all cylinders in H1, poised for $1B revenue in F2020
Schneider Electric reported results a couple of weeks ago that caused AVEVA (partly owned by SE) to say that everything was going to plan — optimistic but basically content-free. Last week, AVEVA remedied that by offering a flood of detail about its first half of...
Altair’s Q3 soft, guidance for Q4 disappoints — but diversification will boost 2020
Altair reported results last week for its fiscal Q3 and, while they weren’t awful, they didn’t do much to reassure investors about the rest of the year. The details and then some thoughts: GAAP revenue for Q3 was $100 million, up 18% and up 17% in constant currencies...
Quickie: Siemens gets into material science with MultiMech
Goodness: Two acquisitions in one week. They have been busy! Siemens just announced that it will acquire MultiMechanics, Inc., maker of the MultiMech suite of material analysis tools. MultiMech uses finite element methods to do microstructural analysis, "strongly...
Quickie: Siemens adds Atlas 3D to 3D printing bench
Siemens announced yesterday that it will acquire Atlas 3D, Inc. before then end of November. Atlas 3D makes Sunata, software that helps designers optimize print orientation and support structures for direct metal laser sintering (DMLS) printers via sophisticated...
Quickie: ANSYS beats expectations in Q3
I'm battling the flu/plague/chest infection/dunno so this has to be written between sneezes and coughs. I'll be more thorough after I've listened to the earnings call. ANSYS reported Q3 revenue and earnings ahead of their own forecasts, with non-GAAP revenue of $346...
Quickie: Hexagon’s Q3 dragged down by electronics woes
Hexagon just reported results for the third quarter -- and they're not awesome: Total revenue was up 1% as reported to €956 million but down 3% in constant currencies/on an organic basis (cco). That's about 1% slower growth than expected, though cost controls helped...
Quickie: ANSYS snaps up Dynardo for PIDO
ANSYS just announced that it is will acquire long-time partner Dynardo, maker of optiSLang, a process integration and design optimization (PIDO) tool. I first became aware of Dynardo years ago, when it presented at a conference about the work it was doing in...
Quickie: DS gets closer to Medidata, reports CQ3 revenue up 11%
(This is the last one today, I promise!) Dassault Systèmes just reported Q3 results that have non-IFRS total revenue up 10% to €914 million and software revenue of €798 million, up 11% as reported. The press release mentions some big wins as well: DS reports that...
Quickie: AVEVA reports positive momentum in CQ3
Schneider Electric reported Q3 results today, so AVEVA (partly owned by Schneider Electric) also issued a quick statement about its progress in the six months ended September 30. The company said that it "achieved low double-digit" (constant currency) revenue growth,...
Quickie: PTC’s Q4 revenue up 7%
This is going to be very quick, because I haven't had time to listen to the earnings call replay -- but I can report that PTC saw total revenue up 7% (up 9% in constant currencies) in its fiscal Q4 to $335 million, beating Wall Street's expectations. That, plus the...
Quickie: PTC acquires Onshape
PTC and Onshape just announced that they're teaming up to, as Onshape founder Jon Hirschtick puts it "broaden the scope of what we deliver to [customers[, and broaden our reach in the market to bring Onshape to more users even faster." In a letter to customers, Mr....
Quickie: MuM says Q3 revenue up 38%
Mensch and Machine Software just announced Q3 results that show revenue was up 38% on a combination of high organic growth boosted by "strong figures" from SOFiSTiK, in which MuM recently increased its stake. Why does this matter? MuM is probably Autodesk's largest...
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...
