Autodesk’s FQ1 was led by AEC, up 37%
Autodesk last Thursday announced results for its fiscal first quarter. Were they trying to go under the news radar just before the Memorial Day holiday? (Am I really that cynical?) I dunno but the share price fell 9% at one point, and was down 5% before the stock...
AVEVA’s F19 revenue up 12% on reinvention & execution
It's always hard to pick out one factoid from a company's earnings release, but I think this one says much about how AVEVA is doing: 13 months after swallowing / being swallowed by the larger Schneider Electric Software (SES), the company reported total pro forma...
ESI: SaaS before that was even a thing
ESI just announced results for the first three months of its 2019 financial year and they were, aside from Services, pretty good. Remember that Q1 is usually ESI's weakest quarter, it's hard to grow a subscription business, and that the company is transforming itself...
Totally OT: Walking and the week ahead
Welcome back -- to me, at least, if you've been hard at work the last couple of weeks. I've been wandering in England, through old villages, new towns, Garden Cities, woods and fields. I've talked to lots of people about all sorts of things, none of it deep or...
ESI’s 2019 is focused on amplifying what works
You might remember that ESI has a new CEO, Cristel de Rouvray. Since February, Ms. de Rouvray and CFO Olfa Zorgati have been on a listening tour, talking to investors, customers and employees to learn what they think will help drive ESI to new levels of revenue,...
Bentley surpasses $700 million
[Note: I'm traveling and so wrote this based on advance materials provided by Bentley. They are hosting a conference call today and I'll update, if warranted, when I can listen to the replay. The report I reference is now available for you to download. Go to Bentley's...
Altair’s Q1 revenue up 13% on software strength
The good news keeps rolling, as Altair reported Q1 revenue of $128 million, up 13% and around $2 million ahead of expectations. CEO Jim Scapa said that the guidance beat was powered by software product sales -- not surprising, given the portfolio buildout and recent...
Hexagon reports OK Q1 with signs of improvement; pleased with MSC!
It's a busy day, so let's get right to it: Hexagon reported Q1 revenue of €917 million, up 10% as reported and up 4% on an organic, constant currency (occ) basis -- disappointing analysts who had expected slightly higher growth hand revenue. Hexagon doesn't forecast,...
ANSYS’ Q1 again tops forecasts. A lot.
I posted a quick update about ANSYS's Q1 results right after they were announced yesterday and managed to leave out one important item: an acquisition. So let's start there and then dive into more earnings detail. ANSYS continues to built out its offering for the...
More earnings-apalooza: ANSYS, Trimble and FARO
Sorry - no unifying theme for this afternoon's earnings announcements from ANSYS, Trimble and FARO. ANSYS is the CAE powerhouse; Trimble makes design, measurement and other software used in the construction, mining, trucking and similar industries. Both provide...
Nemetschek & RIB report strong Q1, PLMish continues its roll
Nemetschek and RIB continued the PLMish roll this earnings season, with both companies reporting stellar growth in Q1. You may recall that Nemetschek started out as the provider of building information (BIM) solutions Allplan and Graphisoft, but has recently been...
MuM is “completely satisfied” with Q1
-- and that's a good thing for Autodesk, too. Mensch und Maschine said today that it had "a fantastic start to fiscal year 2019", with revenue up for in proprietary software business, its new SOFiSTiK acquisition and its Autodesk reseller business. Total revenue was...
Earnings-apalooza, part 2: PTC and AspenTech
This morning started strong, with news from SAP and Dassault Systèmes announcing nice revenue growth, highlighting customer adoption of their newer offerings. I'll have more on those later, but here's a quick snapshot fo the highlights. Now we're hearing from PTC and...
Earnings-apalooza! SAP, DS, PTC, AspenTech today
SAP and DS have already reported, PTC and AspenTech report later this afternoon. More on each when time allows, but so far (at 8:45AM ET), we've learned: Dassault Systèmes' Q1 2019 non-IFRS revenue was up 13% in constant currencies (cc) and up 8% on a cc organic basis...
AVEVA says full steam ahead
AVEVA issued one of its periodic trading updates -- they don't really say much but seem to be required to coincide with parent company Schneider Electric's earnings releases. Schneider Electric is on a December year-end, quarterly pattern while AVEVA reports...
Helping to rebuild Notre Dame
If you're like me, you wanted to tune out the destruction of Paris' Cathedral of Notre Dame yesterday, but just couldn't. It's a place of spiritual significance to many, an iconic Paris tourist destination to others. To me, it's also a marvel of engineering and...
First steps to AI: data, man
I was speaking to a group of AEC professionals a while back about the technologies they should be investigating. I covered everything from 0D to 6D, from conceptual sketches to advanced BIM, conceptual design to operations -- but, as is often the case today, we got...
Nemetschek ups rendering with Redshift
The Nemetschek Group just announced that its Maxon subsidiary has acquired Redshift Rendering Technologies, maker of the Redshift rendering engine. Redshift (the tech) is a GPU-accelerated renderer that's available as a plugin to Maxon's own Cinema 4D as well Autodesk...
Quickie: AVEVA adds asset performance assets
Super-quick, as I'm about to board a flight: AVEVA has apparently decided its offering (the combined Schneider Electric Software and legacy AVEVA products) had a gap in asset performance management that could only be filled by acquisition. To that end, the company...
OnScale secures $10 million investment
Yesterday, I wrote about the continuing buying spree in CAE. Then came the news that OnScale has secured $10 million in Series A funding led by Intel Capital and Gradient Ventures, Google’s investment fund, along with Thornton Tomasetti, Stage 2 Capital, Cultivation...
