AVEVA optimistic, looking to spend
AVEVA today gave a lot of additional color on its results for the year ended March 31, 2010. Some of the news was good (strength in recurring revenue and in the Americas), some not-so-good (overall revenue decline of 10%) and some downright tantalizing. Read on ...As...
Bentley revenue down but not by much
As I wrote a few weeks ago, private companies choose to share information in unique ways.Bentley Systems creates an “annual report” that is a mix of company-provided data, market analysts’ charts and customer testimonials. This year’s report was published at the Be...
Autodesk surprises with a solid FQ1
Autodesk reported results on Wednesday that continue the trend of positive comparative data for the PLM space. Overall revenue was up $475 million, up 11% from a year ago, blowing away analysts’ estimates of about $435 million.Taken geographically, these results...
Avatech reports “economy improving”
Avatech Solutions reported results today that show times may be getting better for the vast majority of users of engineering software.This announcement was a few days ahead of Wednesday’s report by Autodesk, and I wonder why there aren’t more people on the call --...
Vero to be taken private
Just last week I blogged about renewed interest in mergers and acquisition in the greater software space and today Vero Software, the UK maker of CAD/CAM solutions for the tooling industry, announces that it has reached agreement to be bought by BV Acquisitions...
Acquisition fever building
Hot on the heels of yesterday’s $5.8 billion deal which has Sybase joining SAP in the battle against Oracle, comes news that IBM may be entering the acquisition fray.According to an article at BusinessWeek [online edition], IBM is rolling out a plan to spend $20...
AspenTech is getting better
AspenTech yesterday announced results for its fiscal third quarter, and they are not pretty. Getting better, though. Total revenue was $45.6 million, down 36% from a year ago, due primarily to the company’s transition from a traditional perpetual fee/periodic...
ANSYS reports 17% growth in Q1, raises guidance
ANSYS reported Q1 2010 results that it characterized as “over-performance against its outlook”: total revenue of $136 million, with gains in all regions and all categories of business. Perhaps most important, the core business is described as “solid”, and the...
Delcam says business is good!
In reserved, British fashion, Delcam plc today issued a trading update for its business through March 31: Sales were better that management had expected, “with software sales on a global basis and especially within the European market ahead of expectations”....
ESI ready for economic rebound
ESI Group last week gave more details on its financial performance for the year ended January 31. In March, we learned that total revenue for the year was €75.1 million, up 7% as reported or up nearly 4% in constant currencies. Almost all of the net increase came from...
Building the snowball: DS sees Q1 as “defining”
Every so often a CEO says something on an earnings call that’s too good not to repeat. Bernard Charlès, CEO of Dassault Systèmes said on the call held for European analysts (and available online) that software revenue was up only 3% in Q1 because DS still needs to...
Better economy, PLM priority lead to PTC’s growth
Earnings season begins today for the engineering software space (although AVEVA did hint at its results two weeks ago), with PTC announcing March quarter revenue slightly below expectations at $240.6 million, but still up 7% from last year. The company also adjusted...
Silver & gold: Autodesk’s new channel program
Autodesk recently announced a number of changes to its channel partner program, designed to make Autodesk easier to do business with and to give Autodesk’s 1900 VARs a competitive edge in the marketplace. Since Autodesk gets around 85% of revenue from the reseller...
COFES 2010: Mike Payne responds
A few days ago, I posted a few thoughts about this year’s COFES, including my take on a brief presentation given by Mike Payne. Mike graciously responded and below is his email in its entirety. He makes a number of good points: Monica, I had condensed the talk down to...
COFES 2010: Clouds, ashes and the future
COFES is always interesting (I’ve only been twice, so “always” is a relative term). Get 200-300 CAD/CAM/CAE/PDM/PLM people together at a resort in the Arizona desert for 3 days. Set up a few ballroom speeches and a lot of informal discussion sessions in the resort’s...
AVEVA shareholders not impressed
AVEVA today announced that the company made “good progress during a challenging year” as a resilient oil and gas market helped to offset weaker demand in its marine market. The company now expects that “full year results will be marginally ahead of current consensus...
Pricing is an art form
It must be, or why would we all believe that $12.99 is actually a more attractive price than $13.00? In the real world a price must reflect the cost to produce the product (or service) at its expected volume and the value the customer places on the product while...
FIRST Robotics finals start tomorrow
Those of you who follow me on Twitter may remember that I absolutely gushed back in February when a FIRST Robotics Competition team spoke to the analysts and media assembled by PTC. A quick recap: a small group of high schoolers (and their adult mentors) rolled in a...
SpaceClaim closes VC funding
As I noted a few weeks ago, venture funding has started to come back into the engineering software space. SpaceClaim today announced that it has closed a new round of funding to the tune of $5 million. The funding came from current investors, including Borealis...
Autodesk expands assistance program to veterans
Autodesk has extended its Assistance Program to veterans, according to the Wounded Artist Project. The Project contacted Autodesk to garner its support for a YouTube video on, of all things, BIM (Building Information Management); Autodesk was so impressed that it...
