Busy busy — quick updates
Too busy to craft anything long or thoughtful -- I know I owe you a more detailed analysis of PTC's investor presentation -- but in the meantime:- are companies getting too big? I've been talking to people responsible for coordinating PLM implementations in globally-...
Siemens PLM and IBM partner to integrate Teamcenter, middleware
Siemens PLM and IBM yesterday told analysts and media that they have been working together over the last 18 months to closely integrate IBM's Websphere, DB2 and Rational into Teamcenter 8 to speed implementation and improve performance, security and ease of use. In a...
PTC sees tough June quarter but also signs of improvement
PTC last week told investors that it is seeing "some softness in services and a 'hangover' inmaintenance" -- but also a sequential improvement in license revenue in its fiscal thirdquarter. In total, the company expect to report Q3 revenue at the low end of...
ESI reports currency helped license growth in April quarter
ESI reports currency helped license growth in April quarter
ESI Group reported preliminary results for the quarter ended April 30 that included surprising news: license revenue was up 3% as reported, helped by favorable exchange rates. Update:On a constant currency organic basis, license revenue dropped 6.3% in the period.The...
Autodesk ups the ante on displaced worker programs
Autodesk announced today that the 4,700 participants in its "Autodesk Assistance Program" have downloaded more than 5,400 products since the program was announced 6 weeks ago. Due to this success, the company is increasing the number of available products in...
Catching Up: Bentley, Intergraph, PTC, Siemens and COFES
I may be quite busy and on travel, but the engineering software world rolls on. A couple of interesting tidbits:- According to Greg Bentley, CEO of Bentley Systems, engineering software provides significant return on investment by improving standards of living through...
AVEVA shares surge on profit
AVEVA Group plc on Tuesday reported significantly higher profits for fiscal 2009 (ended March 31) as growth across most regions and product areas helped the company to a 29% increase in revenue over last year. Both revenue and profit were slightly better than...
Autodesk slightly exceeds (depressing) expectations
All day the news dribbled in: Credit Suisse cuts its estimate for Autodesk's 2010 revenue to$1.684 billion from $1.713 Billion; Bank of America/Merrill Lynch thought that the "focuscould shift from [operating expenditure] cuts to revenue growth" and that its...
Rackable changes name to SGI
Remember how I lamented the loss of a brand as venerable as SGI's? Well, it turns out thatRackable felt the same way, changing its name and ticker symbol to SGI yesterday. In apress release, CEO Mark Barrenechea said that “[l]everaging a unified SGI brand will...
New search engine answers "why did the chicken cross the road?"
The new Wolfram Alpha search engine launched over the weekend. It's a cross between thesmart-aleck who can solve everything and an encyclopedia. Type in "Boston MA" and youget population data, a map, weather info and more. Type in math formulas and it...
Business still tough for VARs
Not surprisingly, VARs are not yet seeing any end to the economic turmoil described by thepublic PLM companies in the last few weeks. Avatech Solutions (one of the few publicresellers in the engineering software space) reported a significant revenue decline for...
Sun files with the SEC re suits, possible corrupt practices
According to Computerworld, Sun filed a quarterly report with the SEC on Friday which included the fact that no fewer than three shareholder lawsuits are in the works to stop the planned takeover of Sun by Oracle. The suits claim that the price is too low and that...
Updated: ANSYS OK in Q1 but lowers 2009 guidance
ANSYS announced Q1 results today, with GAAP revenue of $116.3 million coming inslightly lower than the company's earlier forecast of between $117 million and $129 millionbut still up from last year's reported $109.5 million.Like everyone else in the engineering...
Tata Nano Upscale!
know you're all very interested: Tata Motors reports that it sold more than 203,000 Nanocars for a total of 25 billion rupees (or slightly over $510 million) from April 9 to April 25, fordelivery beginning in July. Only about 20% of customers ordered the base model...
Updated: MSC interim CEO definitely in charge
MSC Software announced this afternoon that its results were within guidance and that it is seeing the same declines in new license revenue shown by other PLM suppliers. MSC reported total revenue for the first quarter to $53.6 million, down 12% from last year, led by...
Dassault Systèmes sees tough times continuing
As expected, DS reported that the economic conditions seen in the fourth quarter continuedin the first, leading to a constriction in spending on new licenses as companies scaled backimplementations. Total revenue for the quarter was EU309.7 million, up 1% as reported...
PTC Reports: Total Revenue Down 13%, Lowers 2009 Forecast on fx
PTC today reported total fiscal Q2 revenue of $225.3 million, down 13% from a year ago.License revenue was down a staggering 46% to $42.1 million; maintenance at $122.6million was down 1% and services at $60.6 million was actually up slightly over last year.Not...
Trip Report: Arizona in April
- is lovely. Stark brown scrubby hills surrounding the city of Phoenix -- which stretches onforever. I will definitely go back to climb some of those hills someday, if I can convincemyself that the scorpions and rattlers are more afraid of me than I of them.I attended...
Updated: AVEVA sees tough times ahead as license revenue falls.
AVEVA has announced that it expects to report record revenue for the year ended March 312009, but that delays in new projects by the company's core vertical customers will result ina 30% to 40% decline in initial license revenue for the 2009/2010 fiscal year. In...
