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...