ESI reports steady progress in Q4
ESI just reported revenue for the fourth quarter and fiscal year that ended on January 31 -- and the news is good. Recall that ESI's revenue is really backweighted, with the bulk of renewals coming in Q4 and skewing result for earlier periods each year. With that...
Autodesk subs – we hear you, but …
[This started out as a write-up of Autodesk's latest earnings release but the preamble got so long that I think it needs to stand on its own. Earnings coming later this week. --Monica] Before we dive into Autodesk's Q4 and fiscal 2017, let's talk big picture. Many,...
Did you feel it? Amazon web services were down yesterday
-- and for something like four hours, from 1 PM ET to 5PM ET or so. I wasn't using any cloud solutions as my primary tools at that time but did feel occasional hiccups in email or web things that were peripherally affected. Bottom line: I was able to work, though not...
ESI acquires Scilab, a numerical computation platform
ESI Group today announced that it has acquired Scilab Enterprises SAS, which publishes and offers professional services for Scilab, the open source software for numerical computation that's an alternative to MATLAB from The Mathworks. This is ESI's second acquisition...
Autodesk sells Moldflow’s US lab to Beaumont
Unless you're a plastics guy, you may not know this, but one of Moldflow's key differentiators is its material testing laboratories. Plastics are tricky, with fibers and layers and temperatures and shrinkage rates ... designing a mold that can fill and cool to create...
ANSYS realigns to go from $1B to $2B
ANSYS held its first earnings call under the leadership of new CEO Ajei Gopal today to discuss Q4 and full-year 2016 results and to offer investors a glimpse into where Mr. Gopal believes he can take ANSYS. One clear takeaway from the call: the goals are ambitious, as...
MuM sees subs growth resuming in H2 2017
Earlier this week, Germany's Mensch und Maschine Software announced preliminary results for 2016 -- and they were solid, even with the perpetual to subscription transition it and its customers are working through. Total revenue in 2016 was €167 million, up 4%; M+M...
Autodesk’s Carl Bass to step down as CEO
Autodesk today announced that Carl Bass will step down as CEO effective February 8. The company also said that the board has started a CEO search and has "formed an Interim Office of the Chief Executive to oversee the company's day-to-day operations". I have no inside...
Hexagon adds MSC to its stable, for $834 million
Now we know. The sale of MSC Software has been rumored for a while but always seemed to mention financial buyers. It turns out that a strategic buyer has stepped up -- and I think it's a perfect match. First, the background: Hexagon AB, for those who don't know, today...
Quickie: Siemens AG mentions $100m PL order from GM amid solid FQ1
We're getting ready to roll on earnings season in our PLMish universe. Tomorrow, Dassault Systèmes. But first, Siemens AG reported results earlier for the quarter ended December 31 and, while I don't generally write about it since the PLM business is such a small part...
Quickie: Nemetschek hit record revenue in 2016
Nemetschek just announced preliminary results for 2016 -- and they're solid. Revenue was around €337 million, at the low end of the company's earlier guidance but still up 18% over 2015. We don't have any real detail about Q4 but through the first nine months of 2016,...
PTC’s FQ1 shows strength across the board
PTC last night gave us our first glimpse into how 2016 ended for PLMish companies -- and the news was solid. Demand for PTC's CAD products was up and the company's "land and expand" strategy in IoT seems to be working. Not so awesome: the program to get customers to...
Sallinger of PPM, another long-time PLMish CEO, steps aside
Hexagon today announced that Mattias Stenberg has taken over as President of the Process, Power & Marine (PPM) business, succeeding Gerhard Sallinger, who has been appointed Senior Vice President of Strategic Alliances for Hexagon. Mr. Sallinger, who has been with...
Siemens bets big on software, all across the AG
Quick: what do you think of when I say "Siemens"? Since you read here, probably PLM, and that makes sense. But Siemens AG is so much bigger than the PLM part of the business, encompassing energy, medical diagnostic systems, manufacturing automation equipment, trains...
MSC snaps up SC/Tetra’s parent company
While we were all off sipping warm beverages, MSC Software made what was probably the last PLMish deal of 2016 when it acquired Software Cradle, makers of the SC/Tetra CFD software. On December 15, according to Asian media outlets and confirmed on the Cradle website,...
Nemetschek snaps up dRofus
Nemetschek, the holding group for the Nemetschek, Graphisoft, Allplan, Solibri and other AEC-focused brands, announced today that it is acquiring dRofus AS, a Norweqian provider of BIM planning, data management and collaboration tools. I am not aware of dRofus, but...
To a joyous 2017!
Dear everybody, We're closing out 2016 with a few more blog posts and some Glühwein (German mulled wine, yum) but know that many of you are heading out on your year-end holidays. We wish you and yours a happy ending to 2016 and nothing but the best for 2017. Thank you...
Quickie: Dassault Systemes acquires Xflow
Dassault Systemes just announced that it has acquired Next Limit Dynamics, whose CFD solution, XFlow, is used across industries for an undisclosed amount. The press release says that Next Limit had revenue of about €1.6 million in 2015. Recall that DS famously said it...
ESI’s Q3 shows continued momentum
It looks like things may finally be coming together for ESI. Q3 results, released a few weeks ago, show that the company is reaching new customers, deepening relationships with longtime customers -- and partnering with a leading research institute to commercialize new...
The IT gremlins have not been kind …
Apologies if you tried to use the schnitgercorp.com website over the last 24 hours; we had a few glitches that, we think, are now fixed. Please let us know if you run into anything weird -- we're still doing QA.
