MuM reports H1 up 15%, VAR up 10% or so ex-fx
German reseller and software developer Mensch und Maschine (MuM) releases its earnings shortly before other PLM companies and often signals whether the market is doing well -- if the company's Q2 report is anything to go by, it should be a decent earnings season. MuM...
DEAL! AVEVA+Schneider, sorta
While you and I were at the beach or in the mountains, the lads and lasses at AVEVA have been busily negotiating a merger with Schneider Electric, one of the suitors that kept cropping up over the last couple of years. It's a very complicated deal --and it make sense...
Aconex snaps up Worksite to boost construction efficiency
I don't write about the smaller companies in our PLMish universe often enough -- yet they create valuable solutions that are used successfully and profitably by customers around the world. One reason they fascinate me: they compete against suppliers who use fear,...
AVEVA’s trading update: all going as planned
AVEVA issued another one of its periodic trading updates last week: In a very brief statement, AVEVA said that it hasn't seen any change in the business climate since its May report and that the continued strengthening of the British pound continues to drag down...
PTC starts earnings with a warning, deals slipping
PTC last week said that its fiscal third quarter (ended June 30) would be a bit light, as it expects to report GAAP revenue of $303 million, short of its own forecasts and analysts consensus of $310 million and down about 10% from a year ago. Not surprising, then,...
Bentley Systems files preliminary paperwork for an IPO
Not to be all-Bentley-all-the-time, but ... this is big news. This morning Bentley Systems announced that it's filed preliminary documents with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of its class B shares. This is a...
Bentley Systems at 30 — no slowing down
Who are these handsome young men and women? None other than the founders and first employees of Bentley Systems, the AECO company, taken in 1986 in front of what must have been a very sweet ride: Bentley Systems turned 30 last year, a milestone celebrated in the...
Siemens Automation Summit: Big data is a big goal
I'm in hot hot hot Las Vegas for the 20th annual Siemens Automation Summit and hear it's the best yet. The typical "we're all getting older" grumbling is mixed with quite a bit of "I used to know everyone, but I don't recognize these young folks" and a lot, a LOT, of...
Q&A: AVEVA AVEVA AVEVA, revenue recognition and more
Once again, we're opening the Google and answering questions that led searchers to the Schnitger Corp. website. It's not clear that there's a theme or even a pattern, but it's certainly an interesting mix of business- and product-related questions. You continue to be...
HxGN Live: where software, data, sensors meet
Hexagon shepherds to market such diverse offerings as Vero’s CAM software, Intergraph Process, Power and Marine’s SmartPlant, CADWorx and plant-specific simulation solutions, Leica laser scanners and Hexagon Metrology optical probes (for manufacturing tolerance...
Siemens PLM CONX ties together users, systems and products
I’ve been on a quest to find out where designs come from and one thing is clear: nothing is ever created in a vacuum. A good industrial designer will look at what else the prospective buyer might have on his desk, so that the new ergonomic mouse fits into the...
Q&A: VARs, AspenTech, Nastran and more
It's always fascinating to see what brings people to the Schnitger Corp. website. Some of it makes sense: I write about PLM and you want to know about PLM -- boom! Sometimes, though, it's not so obvious ... Do you really want me to write more about Steve MacDonald and...
PLMish focus on big data continues: ANSYS snaps up Gear Design
ANSYS just announced that it is merging with Gear Design Solutions, Inc., a provider of big data analytics to the electronics industry. Gear is tiny, with "more than 10 employees", so it's not clear why this is a merger and not an outright acquisition; have asked for...
ESI’s new services strategy pays off; Q1 up 20% as reported
ESI yesterday reported that Q1 revenue was up 20% as reported, with a healthy boost from currency effects. Even so, constant currency growth was strong, with license and services revenue each up 10%. The company doesn't offer much color on its results, but this...
AVEVA grows its steel fab offerings, acquires FabTrol
It's not even dawn here in Boston and I'm at the airport, waiting to board a flight to Las Vegas and the Hexagon user conference -- and this comes into the inbox on my phone: AVEVA will acquire FabTrol Systems, Inc. from the Dowco Group of Companies later in June. I'm...
CV Shoutout: CAD to the Bone
Last week I mentioned that Computervision (my alma mater, work-wise), also known as CV, used the tagline "Known by the companies we keep". That caused some ex-CVers to reach out -- thank you! It's been great walking down memory lane. There are a surprising number of...
Exa’s Q1 up 7% as reported, up 18% in cc
Exa Corp. just reported that FQ1 revenue was up a strong 7% as reported and up 18% in constant currencies to $14.8 million, right in the middle of the earlier forecast of $14.5 million to $15.1 million and ever so slightly ahead of Wall Street's consensus. More after...
Reaching that one customer in a PLMish landscape
I've attended a lot of engineering software company events over the last 6 weeks or so and find myself wondering: how can these vendors balance serving their long-term core user bases even as their offerings branch out and get more complex? The story gets harder and...
Autodesk’s Q1 revenue up 9%; outlook less rosy
Autodesk just reported Q1 results that are pretty good, but investors are likely to focus on rising costs and a gloomier outlook for the rest of the year. Total revenue in Q1 was $647 million, up 9% as reported and up 13% in constant currencies (cc), just a bit above...
AVEVA F15 meets expectations, not in talks
For those of you who are wondering: AVEVA still hasn't been acquired. In fact, CEO Richard Longdon told CNBC and told that reporter that "there's nothing to say" about a possible acquisition and that AVEVA is not talking with Schneider, GE or Emerson about a...
