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...
MuM revises growth forecast upward — what slowdown?
PLMish earnings season starts today, as Germany's Mensch und Maschine (MuM) reports how its own software and the Autodesk VAR businesses performed in the second quarter. We've already heard from Hexagon and SAP that China and greater Asia, respectively, dragged down...
Totally OT: Tang myth, busted
I wrote earlier this week about the Apollo 11 anniversary and mentioned that the space program had given the world Tang. Turns out that wasn't true. The space program made my family aware of Tang --go advertisers!-- but Tang actually pre-dates the moon missions....
Hexagon’s race to the Smart Factory
What if you could reimagine your product design and manufacturing processes? Start from scratch, rather than have to deal with legacy thinking, work processes and tools? Come up with new ways of working in all areas of your business? That’s what Hexagon wants us all...
Look to the moon, thank an engineer
This week marks the 50th anniversary of the Apollo 11 landing on the moon. We all know about the incredible bravery of the astronauts to risk everything to go there and (perhaps not) come home--but amidst all the hoopla, spare a thought for the engineers who made it...
AspenTech acquires IoT and AI companies
Artificial intelligence, AI, means many different things, depending on the industry, use case and technological sophistication of the user. AspenTech, which makes chemical process design software as well as solutions that help process plants manage their assets more...
Autodesk invests in actual construction startup
You know that Autodesk invests in tech startups. Did you know that they also invest in makers of actual, physical things? Apparently, they do! Autodesk just announced that it has increased its investment in Factory_OS, a "volumetric modular construction start-up" that...
AEC Quickie: NEMT sells, RIB buys
You might remember that Nemetschek co-owned a company called DocuWare, which is focused on document management and the AEC workflows that surround project documents. The companies have been intertwined for at least a decade but now DocuWare is being acquired by Ricoh...
Schnitgercorp.com update!
Hello -- and thanks for checking in. We apologize if you experienced errors when using the website earlier today; we were working behind the scenes to make the site load faster, search more quickly and be more secure. We think we've squashed all bugs and put the...
Hexagon preannounces, cites weakness in China
And so it begins. Hexagon announced today that "the impact of increased geopolitical uncertainties on global trade, especially within the electronics business of the Manufacturing Intelligence" (MI) leads Hexagon to believe total revenue for the June quarter will be...
Super-quick: Hexagon’s Rollén acquitted — again
Hexagon just issued this announcement: Ola Rollén acquitted from all charges for the second time 2019-06-26 20:15 GMT+02 Ola Rollén, Hexagon’s President and CEO, was today acquitted for the second time from the insider trading allegations by the Norwegian economic...
Carbon raises another $260 million to advance 3DP
And one more bit of 3D printing news: Carbon, a company that's billed as a "3D printing poster child" by Venturebeat says it has raised $260 million in venture round led by Madrone Capital Partners and Baillie Gifford, with other partners Sequoia Capital, Adidas...
ExOne and Siemens partner for IoT-enabled 3DP
Siemens and ExOne, maker of sand and metal 3D printers, just announced a partnership targeted at bringing its binder jetting technology to prospects in the foundry, aerospace, automotive, energy and other markets. According to the announcement, Siemens’ MindSphere is...
