Hexagon on track to hit €3.5B by 2015
For a company that very few people have heard of, Hexagon is doing quite well. Its engineering-related brands include Leica Geosystems, Intergraph, CADWorx and its customers include process plants operators, EPCs, surveyors, NASA, auto makers and aircraft...
What is an industry analyst, anyway?
Thanks for all of the positive feedback on the schnitgercorp.com site redesign. We really appreciate your comments, emails and tweets. Keep 'em coming so that we can continue to improve. One thing we didn't anticipate was that you might want our new FAQ to be posted...
Quickies: Cimatron and SGI earnings
Last week had a slew of earnings news, some of which was good and some, not so great. We learned a bit more about how Cimatron's revenue stacks up, and heard about SGI's plans for reinvention (again). Read on ... Cimatron's growth driven by GibbsCAM Cimatron announced...
PTC bolsters SLM offering with Servigistics
PTC today announced that it will acquire Servigistics for $220 million in cash to further fill out its offering for the very long services tail of a product's life -- an area where manufacturers are increasingly looking for revenue opportunities. Servigistics was...
Gemcom and GEOVIA, a tale of two brands
During its earnings call last week, Dassault Systèmes (DS) continued to explain its vision of moving beyond “product experience" (engineering and design), to the larger concept of 3DEXPERIENCE, which adds business intelligence and other apps to its offering in order...
ANSYS customers “receptive to LT vision”, boost Q2
ANSYS reported results today that were at worst in line with and often ahead of expectations, causing shareholders to drive the stock price up 12% in early trading. CEO Jim Cashman summed it up this way: "All key metrics of our business were strong, including our...
Quickies: 3D Systems, CENIT, FARO & Stratasys
While you're undoubtedly thinking "beach", earnings news continues to roll. In general, Q2 seems to have been quite strong but there is concern about the rest of the year, with some companies reporting that activity in Europe started to drop off over the last six...
DS’ great Q2 – a step closer to €2 billion
Dassault Systèmes yesterday reported on its second quarter results and raised its guidance for the full year to €2 billion -- quite a milestone. But much of the content of the presentation and conference calls wasn't about last quarter, but about how DS plans to move...
PTC: refreshing candor, good results
At the end of the March earnings call, we were left with a couple of questions about PTC. First, can the company improve its sales methodology -- forecasting through closing -- so that the missed opportunities that bedeviled last quarter don't continue? Second, big...
Nemetschek also sees Europe slowing
Nemetschek's earnings release today did little to calm concerns about a slide in engineering software sales in Europe, as it sees customers dealing with a projected economic slowdown. Second quarter results were good, as revenue rose 6% to €43 million to lift H1 2012...
Quickies: DDD acquires, SAP beats
It's earnings season, so there's all sorts of news coming out. Two quick items to note: 3D Systems announced that has acquired Viztu Technologies, the developer of an online platform that turns pictures and videos into printable 3D objects. DDD plans to integrate...
MuM scales back acquisitions
A quick update: German company Mensch und Maschine Software (MuM) announced today that a "solid Q2" build on the success of a "strong Q1" to lead to a "good first half of fiscal year 2012". Recall that MuM sold its distribution business last year and is now focused on...
Oracle acquires Skire for project portfolio mgmt
The big continue to get bigger. Last Thursday, Oracle announced that it was acquiring the assets of Skire, a Silicon Valley maker of capital projects management software for the process industries. I first ran across Skire about ten years ago at a Daratech Plant...
Autodesk grows socially
Earlier this week, Autodesk announced that it had acquired Socialcam for $60 million. At first, I thought it was a CAM vendor I had never heard of. But I've heard of most of them and would certainly be aware of any that could command a $60 million price tag. A second...
Invention Machine acquired, enters big leagues
I've long been fascinated by the technologies that have emerged to facilitate the innovation process and help creators find, assess and act on/reject information quickly. One of the early entrants was Invention Machine, whose semantic search technology let users...
AVEVA’s update signals all calm
AVEVA today scooped the other public engineering software companies and provided a glimpse into its business since April 1. The company says things are going according to plan. Demand from the oil and gas vertical is strong, power is "steady" and marine is "subdued"....
Q1 recap/Q2 preview: What we’ll be looking for
As we prepare ourselves for the onslaught of Q2 earnings reports, it's helpful to look back at Q1 to see patterns that (perhaps) foreshadow future results and identify areas that were causes for concern last quarter. To help with this analysis, we've created a...
Exa’s IPO muddies the waters in engineering software
A quick Monday morning check on the stock markets for those of you following Exa's IPO: Exa's market makers originally priced the share at between $11 and $13 but ultimately settled at $10 for the public debut on June 28th. That day, over 2 million shares changed...
Schnitger Corp. website gets a new look
We're very excited to announce a new look and layout for the Schnitger Corp. website that, we think, addresses a lot of the questions and concerns you've posed to us over the last few years. If you're seeing this, all worked as planned! First off, the new site uses...
Trimble snaps up WinEstimator
Trimble announced earlier today that it intends to acquire WinEstimator, a provider of construction cost estimating (WinEst) and cost modeling (Modelogix) software. The acquisition squarely targets the contractor and owner market, giving them ways to better understand...

