FARO buys Traceable 3D
Superquick: FARO Technologies just announced that they've acquired Advanced Technical Solutions in Scandinavia AB ("ATS"), maker of Traceable 3D, which combines measurement, technology, and methodology in a single workflow. The point? Repeatable data capture and...
AspenTech continues trend of good PLMish news
We're learning a lot about what works and what doesn't when a global pandemic hits -- there's no guarantee that this will work next time but, so far: low-touch subscriptions sales and renewals, anything that lets people work remotely, and risk reduction technologies...
Altair’s Q2 beat expectations; leads to slight raise in 2020 guidance
Altair reported results last week that continue the PLMish theme of "it could have been much much worse". First, the details: Total revenue was $98.6 million, down 8% as reported (and down 6% in constant currencies, cc) but ahead of the company's guidance Software...
AVEVA says it’s in talks to acquire OSIsoft
It’s been rumored for a while that Schneider Electric is thinking about acquiring OSIsoft; today AVEVA said in a press release that it was in talks for the deal. (Schneider Electric owns most of AVEVA.) If you're just tuning in to this news, OSIsoft makes PI (Plant...
Siemens Digital Industries software revenue up 11% – and a hint that all is well at Bentley
Siemens AG is a huge and complicated business that announced fiscal third-quarter results yesterday. Total FQ3 revenue was down 5% from a year ago to €13.5 billion. Orders, an important metric for companies that sell hardware, fell by 7% to €14.4 billion, though it...
ANSYS Q2 shows big deals CAN be closed during a pandemic
Large deals made ANSYS' Q2 look unusually strong, in what otherwise has been a relatively weak reporting season in our PLMish world. ANSYS CEO Ajay Gopal said the company closed the largest deal in its history in Q2, as an existing automotive customer standardized on...
Quickie: Nemetschek’s cautious optimism, RIB roars ahead
A quick update on Nemetschek and RIB's AEC-ish earnings --- and on the progress of Schneider Electric's acquisition of a majority of RIB's shares, since you've been asking. Starting with Nemetschek, total Q2 revenue was €141.6 million , up 3% as reported, up 2% in...
PTC’s FQ3 was better than feared, leads to slightly raised expectations for FY20
PTC announced what it would announce on July 8, so last week's earnings release wasn't in any way a surprise -- but the color and context around the news is what matters. A quick review, then on to the broader picture. The details: Total revenue in FQ3 was $352...
Hexagon’s Q2 was better than expected — and it adds TACTICAWARE 3D LIDAR to its portfolio
Hexagon reported results a few weeks ago and I am just now getting to a quick blog about it -- will work this week to catch up on ALL the earnings - yikes -- and they were pretty much as expected, especially since the company has preannounced on July 13. The real news...
Autodesk responds to Revit users; I give it a C+
You may recall that last week a group of Revit users issued a public letter to Autodesk, in which they laid out their frustrations regarding a perceived lack of investment in Revit -- all while prices rose. It was signed by 17 architecture firms, though backed by more...