Totally OT: Cocktails, curators, The Frick
I've told you before that my favorite museum in the world is The Frick Collection, in New York. I'm late to the party but just discovered that they're hosting a YouTube series on Friday afternoons, at 5 PM ET, where a curator talks about a major work. It's not at all...
Autodesk’s Q1 was decent, hints at stable employment at its customers
Autodesk announced its fiscal first quarter (ended April 30, 2020) last night --and, as others have reported, it was a rollercoaster ride. The details: Total revenue for FQ1 was $886 million, up 20% as reported (up 22% in constant currencies) and well within the range...
European AEC software: surprisingly strong Q1
Autodesk, the Big Daddy of AEC, reports Q1 results tomorrow so it's time to play catchup on the earnings of its public competitors. Bentley, the #2 player in AEC, is not saying anything publicly right now because it filed (again) for an initial public offering in...
CAE is cautiously optimistic: News from Altair, ANSYS, and ESI
The New York Times recently had an article about the language companies are using on their earnings calls, and how it's different now than in prior periods. Many calls started and ended with CEOs saying that the welfare of colleagues and customers is of prime...
Quickie: Rockwell completes Kalypso acquisition
Rockwell Automation just completed the acquisition of Kalypso that it announced back in February. Kalypso is a PLM consultancy that often works with PTC products; Rockwell bought $1 billion of PTC's shares and is a deeply embedded PTC partner for the smart factory. As...
Hexagon: “extraordinary times” led to Q1 down 7%, cost-cutting plan
Hexagon reported FQ1 2020 results last week that really reflect the slowdown CEO Ola Rollén noted on his February call about the 2019 results and reinforced with the announcement that the company would defer a decision on paying a dividend until more of 2020 was in...
PTC’s subs lead to a good FQ2 & perhaps a decent 2020
PTC's fiscal second-quarter couldn't have been more different from Dassault Systemes'. PTC's total revenue of $360 million was up 24%, beating expectations by a whopping $19 million. How could PTC have seen such a different selling environment? We'll explore that...
Dassault Systèmes’ Q1 as pre-announced; 2020 will be tough
DS announced results last week that were pretty much in line with what they had said earlier -- but the devil is in the details. If you want ALL of the details, go here. I'll summarize what I think it important and then riff on what it might mean for our PLMish...
What we learned: IBM, SAP and MuM report CQ1
As I noted yesterday we're starting to get into earnings season for software companies and, as expected, the news is mixed. If you want details, go here for details on IBM's quarter, here for SAP, and here for MuM's results -- following are just my main takeaways on...
Out of the COVID-19 mailbag — answering your top questions
I hope you're all safe and healthy -- and supporting the nurses, doctors, grocery store people, truck drivers, restaurant workers and all the others who are making it possible for those of us who can, to shelter in place. You've been emailing some great questions over...