ESI Group cautiously optimistic about Q4
ESI announced Q3 results today that were good -- and not foreshadowing gloom. It's thefirst company to announce results that included October, after the world went into thecurrent financial meltdown. Total revenue for Q3 was up 4% to €13.4 million, with...
"Displaced" workers take advantage of Altair’s offer
According to Mike Kidder of Altair, the company received over 200 applications for itstraining/update program for displaced workers in southeastern Michigan (details below).December course offerings were completely booked within 48 hours of the announcement.Writes...
What do users think of Autodesk’s "Digital Prototyping"?
Yes, I know it seems like "all Autodesk, all the time", but 10,000 people really do have10,000 stories.While I didn't connect with all 10,000 -- not by a long shot -- I did talk with perhaps adozen attendees at Autodesk Manufacturing's keynote session about...
Altair shows the softer side of capitalism
Last week, Altair Engineering announced that it would offer free training courses andsoftware licenses to displaced engineers in southeast Michigan who want to grow theirCAE expertise to increase their marketability to employers. If the program is successful,it may be...
Autodesk acquires iLogic rules-based design software
All user conference come with a blizzard of press releases, and this one almost got lost:Autodesk has announced its intention to acquire iLogic from Logimetrix, a softwarecompany that is part of Cypher Systems Group, a large Canadian developer of businessprocess...
Autodesk University: 10,000 stories
Autodesk University was, as always, overwhelming. Perhaps nine or ten thousand people at the Las Vegas Venetian Resort’s convention center, attending any one of several dozen sessions going at any one time. I tried to hit as many as sessions possible, but could only...
Quick news roundup: AVEVA has great H1, ESI buys VDOT
I'm off to Autodesk University shortly, so this will be brief; more coming after I'm back. AVEVA announced terrific results for their half-year ended September 30, 2008 -- and their shares fell like a stone. The results: revenue increased 32% to £74.8 million (up 31%...
Autodesk talks product portfolio changes, credit crunch
Two more interesting bits of information from the Autodesk’s third quarter 2009 earnings call:Carl Bass, CEO, said right up front that the economy is affecting Autodesk’s customers, buthas a plan to help at least North American customers in the short term. Said Bass,...
Italian supercomputer proves 1 billion cells can be solved
ANSYS announced last week that an Italian research team successfully conducted a1-billion cell simulation to investigate the aerodynamics of an America's Cup yacht, reachinga milestone in the simulation world. To give context, a typical ANSYS Multiphysicsbenchmark for...
Autodesk sees tough times ahead
Autodesk reported good results for the quarter ended October 31, 2008 but spoke ofuncertainty ahead. Since the earnings release happened at the same time as the AutodeskManufacturing group’s industry analyst event described below, I was unable to participate inthe...