Siemens orders ahead of plan, SaaS booming
Ah, Siemens. If you thought Hexagon was complicated, buckle in. Siemens AG just reported fiscal Q1 2022 results, and we're going to roll that into a recap of fiscal 2021. There's a lot of ground to cover, so let's get going. Siemens AG reported fiscal 2021 results...
Hexagon’s solid Q4 sets up digital reality focus for 2022
Hexagon announced its fiscal 2021 results last week and some management changes this week. A quick recap of the news, then some thoughts: For Q4, Total revenue was €1,217 million, up 7% on an organic constant currency (occ) basis and up 17% as reportedBy business...
Nemetschek gets AEC earnings off to a strong start
Nemetschek reported last week that its Q4 and fiscal 2021 results exceeded the guidance it gave for 2021 -- which had already been raised in July after a boffo first half. Final results for 2021 will be announced on March 22, but here's what we know and can guess...
Flow Science acquired by owner of MAGMA and SIGMA
Dr. Flender Holding GmbH announced this week that it acquired 100% of the shares of Flow Science, Inc. in December 2021. Flow Science makes Flow3D, but Flender who, you might ask? (I certainly did.) Turns out that Flender Holding also owns MAGMA Giessereitechnologie...
PTC’s F22 is off to a solid start, with momentum expected to accelerate
PTC kicked its fiscal year off on a high note, with many metrics ahead of expectations. The facts, then some thoughts: Revenue in Q1 fiscal 2022 was $458 million up 7% (up 8% in constant currencies, cc)Recurring revenue was $405 million, up 5%Perpetual license revenue...
5 on a Friday: Construction app sees investment; earnings from AspenTech, Rockwell, SAP, Software AG
Interest in digitizing the construction industry remains high. On Monday, ConstructSecure announced that it secured a $96 million investment led by Summit Partners. "The investment will help enable further product development and support ConstructSecure's expanded...
4 on a Friday: Autodesk gets into digital dailies, Sandvik announces Q4 results, Reese joins GE Digital, SolidWorks user event goes digital
Autodesk announced that it has acquired Moxion, maker of a "cloud-based platform for digital dailies used by leading filmmakers on some of the world's most complex and challenging productions ... The acquisition of Moxion's talent and technology will expand Autodesk's...
Catchup: PTC ends fiscal 2021 on a high note, invests in SaaS for the future
We're about to get into earnings season when public companies talk about the quarter or year that ended in December. This is a ritual every quarter, of course, but many of the January/February earnings releases talk about the entire year just ended, and lay out...
5 on a Friday: Aras, Hexagon, Sandvik acquire; Nemetschek invests and earnings are a GO
One year ends and another begins ... pretty much as the old one left off. While we were eating too many cookies in late December, Nemetschek and Sandvik announced deals; Aras and Hexagon started the year off with acquisitions of their own: On Tuesday, Aras announced...
Really? Are AI & CAE tied for impact on design over the next 5 years?
Digital Engineering magazine surveyed its readers late last year about the future of design and came up with a slew of interesting findings. You can read their summary of the overall results here, but I'd like to focus on just one aspect: When answering the question,...