Quickie: AVEVA still feeling the slump in oil and gas
AVEVA just announced that, as expected, total revenue was up as reported but down in constant currencies, as the British Pound is weakened over Brexit uncertainties. In general, the results seem are due to slumping demand from companies that would normally use AVEVA's...
Fedem hits the stage in front of 30,000 at SAPPHIRE
I was just at SAPPHIRE, SAP's massive user conference. Quite a few very kind attendees explained to me how they couldn't do their finance, HR or supply chain management jobs without SAP's solutions -- but I went to learn about Leonardo, SAP's IoT platform, and...
PLM Connection showcases the Digital Enterprise
PLM Connection, a Siemens-associated but user group-driven event, tried something new this year: day long sessions devoted to a single topic. I was fortunate enough to be asked to moderate panels during a day focused on "Realizing the Digital Enterprise – Transforming...
Autodesk’s FQ1 2018 is a pleasant surprise
Autodesk last night reported results that surprised on many levels, almost all good. Revenue declined 5% year/year as the transition from perpetuals to subs continues, and deferred revenue (the part of the sub payment that will be recognized in the future) was up 18%,...
Quickie: Hexagon is going places
I'm about to board a flight, so this has to be quick: Hexagon just announced that it is acquiring VIRES, a company I've never heard of that makes softwate to simulate development, testing and validation of driver-assisted and fully autonomous driving technology....
Hexagon’s Q1: PPM revenue down 11% — are we poised for an uptick?
Hexagon today reported Q1 results that showed that strength in other markets couldn't offset continued sluggishness in oil and gas. The details: Total revenue of €778 million was up 7% as reported and up 3% in constant currencies and a comparable organizational...
Read this: Where oil rigs go to die
The world of offshore oil has seen cycles of boom and bust, huge investments in risky locations followed by project cancellations and layoffs. There's the human cost, for sure, but there's also a fleet of unused assets. What happens to them? How do we go from the...
Q1 in AEC: looks like 2017 is a breakout year
You (and investors and entrepreneurs and many others) often ask me how the AEC market is accepting the technologies that discrete manufacturing has long relied on: 3D design, using a model as reference and not just drawings, managing those models and related...
Quickie: DS’ Q1 shows solid start to 2017
As always, there's a lot to unpack in a Dassault Systèmes earnings release, so here are the bare facts while I catch up on the earnings calls, presentations and press releases: Total revenue in Q1 was €760 million, up 10% as reported and up 7% in constant currencies...
MSC is now part of the Hexagon family
A quick update: Hexagon just announced that its acquisition of MSC Software is complete, since it has obtained all of the regulatory approvals it needed for the deal. Hexagon sees this as very strategic, enabling it to "connect the traditionally separate stages of...
PTC returns to modest growth in FQ2 – but we’ll take it!
PTC announced its fiscal Q2 financials a couple of days ago, and I've been trying to figure out what to write about ever since. There was good news, in that revenue was up year/year for the first time in nine quarters. And the net loss narrowed. But I worry about the...
MuM says 2017 is off to a “pleasant” start
What a nice way to start a week: an earnings report that includes the word "pleasant". Too often, it's all business gobbledy-gook; we all know what "pleasant" means. Not stressful, satisfactory, generally positive, moving in the right direction ... Of course, all is...
AVEVA’s update previews revenue growth in F17
AVEVA today gave an update on its performance for the fiscal year that ended 31 March 2017. And it was, as usual, a terse 2-sentence statement: The Board is pleased to report that the Group's results, assisted by positive currency translation effects, show a return...
Changing Tack: Moving to Collaborative, Simulation-Led Engineering
Do you ever think about how the products you rely on are created? How you can be sure that the car you drive is safe? Or the laptop, not exploding? Or how that latest gadget turns into an object of must-have, while the one next to it on the shelf is just OK? I get to...
Q&A Tuesday: Where does PLM fit? What’s a flexible ship? And more
You ask the best questions! Here, some quick answers from the mailbag: I probably get more questions on PLM than anything else: what is it, who uses it, why does it matter -- and where does it fit into an overall IT strategy. The first thing to realize is that history...
Updates: Siemens+Mentor, ESI earnings, what ever happened to Geometric?
You've been asking some great questions, here on the blog, via email and over on LinkedIn -- and since you tell me you rarely have time to go back and look at old posts for updates, I've collected a few right here, right now. First, more on Siemens closing the Mentor...
Done! Siemens closes Mentor acquisition
Siemens just announced that it has closed the Mentor Graphics acquisition, adding all sorts of EDA and CFD goodness to its portfolio. A quick recap of the particulars: On November 14, 2016, Siemens announced that it would offer Mentor shareholders $37.25 per share in...
SIMULIA and the 3DEXPERIENCEs aim to build a platform that’s bigger than the brands
When you're looking at a CAE solution, do you look at brands or vendor names or do you look at capabilities, at how the solution fits into your workflow? Or the workflow you eventually want to have? That, in a nutshell, is Dassault Systèmes' dilemma as it builds out a...
Ola Rollén indicted on insider trading unrelated to Hexagon, remains CEO
You know that this is news no company wants to release: Yesterday, Hexagon AB said that CEO Ola Rollén has been indicted by the Norwegian economic crime authority (Økokrim) on insider trading charges stemming from investments unrelated to Hexagon. The press release...
ADSK’s Q4 a muddle of math and accounting, better than it appears
It's been a while since Autodesk reported results for the fiscal fourth quarter and year ended January 31, and I encourage you to look at the details here, if you're interested. Given that Autodesk is moving its users from perpetual to subscriptions, the results have...
