Hexagon continues to improve; Q1 revenue up 10%
Hexagon reported results last week that were surprisingly good and that --remember that Hexagon doesn't itself issue guidance-- beat analyst consensus. The details: Total revenue in Q1 was €978 million, up 10% as reported and up 11% on an organic, constant currency...
PTC reports Core up 21%cc in FQ2 but leaves F2021 targets (mostly) alone
PTC reported results last week that were both good and worrisome. The details, then what I think it might mean: Total revenue in PTC's fiscal Q2 2021 was $462 million, up 28% as reported and up 22% in constant currencies (cc) -- well ahead of guidance and everyone's...
Quickie: Bentley acquires for iTwin offering
Bentley just announced that it is acquiring sensemetrics and Vista Data Vision, both of which make software for Internet of Things (IoT) applications targeted at infrastructure use cases. Bentley says the companies will "expand the scope of the Bentley iTwin platform...
DS’s Q1 beat expectations on mainstream strength
Dassault Systèmes reported results for its fiscal first quarter today. There's a lot to unpack, so let's get to the details: Total revenue of €1173 million was up 3% as reported and up 9% in constant currencies (cc), meeting expectations. In general, DS said strong Q1...
Quickie: Siemens adds TimeSeries to Mendix
A busy day just got busier: Siemens Digital Industries Software just announced that it will acquire TimeSeries, which helps partners and customers build industry-specific low-code apps on its Mendix platform. According to Siemens, TimeSeries is already a Mendix...
Bentley acquires Nadhi for project controls, focus on India
Bentley Systems just announced that its Acceleration Initiatives business has acquired India-based Nadhi Information Technologies, a "specialist in project controls, analytics, and decision support for construction supply chains", with a focus on the Indian...
AVEVA’s F2021 basically flat — but optimistic about AVEVA+OSI future; CEO Hayman stepping down
As you know, Schneider Electric (SE) owns a majority of AVEVA shares, so when Schneider announces results they usually say something about AVEVA's results. SE is on a calendar year and talks results every quarter; AVEVA is on a March-ending calendar and talks in...
MuM announced a “pleasing start” to 2021
Get ready -- PLMish earnings really crank up this week. We're off to a good start, with MuM announcing last week that sales aren't yet at pre-pandemic levels but were, even so, good. MuM, more formally Mensch und Maschine Software, (MuM) a CAD/CAM specialist company,...
GRAITEC + StrucSoft boosts independence & readiness for modern AEC build
I often write about Germany's Mensch und Maschine (MuM). MuM is an Autodesk reseller and a software developer in its own right; I've been covering their quarterly earnings releases to better understand how Autodesk resellers did as a large proportion of their revenue...
Aras secures investment from GI Partners
Given all of the recent PLMish acquisition news, it's natural to ask: what about Aras? Turns out, it's going to continue to go it alone -- at least for now. Aras just announced that it has reached an agreement on a "substantial growth investment" from GI Partners, a...