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...
More good-ish PLMish news, this time from Hexagon
Hexagon just announced that it will report BETTER results than the market expects for its June-ending quarter. Here's what they said: Due to higher earnings than market expectations for the second quarter of 2020, Hexagon is today publishing its preliminary results....
Super quick: no PLMish pre-announcements yet, and PTC says things are … good
You probably know that a lot of companies' financial quarters ended on June 30 and many of us have been waiting for announcements --good or bad-- to give a preview of what to expect when the financial news starts flying later this month. So far, the news isn't awful....
And it’s a wrap: Preventing virtual conference fatigue
At some point, I'll muster the energy to write about what I learned but right now I'd like to tell you about the experience of sitting through online user events from Altair, ANSYS, AVEVA, Bentley, Hexagon, PTC, SAP, SAS, Siemens, and Tech Soft 3D -- in addition to...
Quickie: Siemens adds UltraSoC to its semiconductor design offering
Siemens just announced that it will acquire UltraSoC Technologies Ltd., maker of instrumentation and analytics solutions that "put intelligent monitoring, cybersecurity, and functional safety capabilities into the core hardware of system-on-chip (SoC)". UltraSoC...
Respond. Reset. Reimagine.
I've been talking to a lot of people about how Covid-19 has affected their work lives--often inseparable from their home lives, given the sudden explosion of home offices and homeschooling--and it generally comes down to these three phases. First, we went a little...
AVEVA enters fiscal 2021 betting on digitalization
As foreshadowed back in April, AVEVA today reported revenue of £834 million up 9% (and up 7% on an organic, constant currency basis, cc). CEO Craig Hayman and Deputy CEO/CFO James Kidd gave a lot of great, additional information on how the world and their business...
Bentley buys voice-based construction app maker
Bentley Systems just announced that it has acquired NoteVault, which makes voice-based solutions for construction management. Start NoteVault on your mobile device, speak into it, and the app's construction-specific machine learning (backed by human transcription)...
