AVEVA has big Q4 but subs transition to slow F23 before picking up steam
AVEVA today gave a more extensive-than-usual financial update on fiscal 2022, the year ended March 31. We'll get the full earnings release in early June, but the company disclosed today that overall revenue was up 7% in fiscal 2022, with Q4 revenue up 18% in Q4 due to...
Cadence still very happy with CAE offerings
Last night Cadence announced results for the first fiscal quarter of 2022; you can read about them in much more detail here -- they were overall very good and the company increased just about all forecasts for 2022. I'm most interested in hearing the company's...
Quickie: SAP Q1 revenue up but so are costs related to Russia and Ukraine
Last week, Sandvik and Mensch und Maschine said that the effects of the war in Ukraine hadn't really amounted to much as of March 30 -- makes sense, since that was the first month of conflict, with sanctions just put into place. SAP's earnings release on Friday...
MuM says Q1 was strongest in its history
That's a heck of a headline, no? Mensch und Maschine Software reported Q1 results this week that add some details to the head: Q1 revenue was up 18% year/year to EUR 85.41 million, surpassing the previous high of EUR 78.63 million from Q1/2020. Looks like the industry...
Sandvik starts PLMish earnings season and things look good
Sandvik, the Swedish company that has been snapping up CAM vendors, announced first quarter results today: Revenue in Q1 was SEK 24,921 million (about $2.6 billion at today's exchange rate), up 35% as reported and up 27% in constant currencies (cc) (meaning, excluding...
Quickie: PTC adds to codeBeamer to its ALM offer
PTC just announced that it is acquiring Intland Software, maker of codeBeamer Application Lifecycle Management (ALM), for roughly $280 million. PTC says codeBeamer is a "flexible and modern, easy-to-use interface. codeBeamer provides customers with requirements-,...
Ansys to acquire OnScale
Do you do your simulation in the cloud? Do you want to? Ansys is betting you do ... Ansys just announced that it is acquiring OnScale, providers of a cloud-first simulation platform that, according to OnScale CEO Ian Campbell, "combines the limitless compute power of...
Bentley acquires ADINA for FEA
Much more on this when I'm back in the office next week: Bentley announced last night that it has acquired ADINA, makers of finite element analysis (FEA) software -- most likely you know of them for ADINA Structures, but ADINA has modules for other application areas,...
Hexagon goes deeper into SaaS, AI, and operations with Innovatia acquisition
Hexagon announced today that it has acquired Innovatia Accelerator Inc., makers of SaaS-based operations solutions for the manufacturing and process industries. According to Hexagon, "Innovatia Accelerator’s flagship solution, AcceleratorKMS, is an AI-based infield...
Autodesk to acquire The Wild for XR
Autodesk just announced that it has signed an agreement to acquire The Wild, makers of The Wild and IrisVR extended reality (XR) solutions. Odds are, if you've attended a recent Autodesk University, you've seen The Wild's work in an AEC session: Autodesk and The Wild...