Quickie: RIB invests in US Autodesk reseller
Now this is interesting: RIB, the German maker of the iTWO/MTWO* BIM-focused solution set for the construction industry, just announced that it has acquired a 60% share of U.S. CAD, an Autodesk reseller based in California and with offices across the Western US....
AI hits the commercial mainstream
I've been getting a lot of questions about AI --what is it, how do I use it, what data do I need to gather to feed the machine, what does it even MEAN?? (very angsty, usually in an "am I already behind" panic)-- and thought I'd try to answer some of the questions...
Altair’s Q2 solid, Q3? Hmmm
Altair has had a rough time since announcing their Q2 results earlier this month, with the stock down 10% since the news hit the wires. Why? Investors were seemed OK with the Q2 report but were underwhelmed by the company's guidance for Q3 and the year as a whole....
ANSYS hit Q2 out of the park
One giant deal, several large deals and new accounting rules helped ANSYS report a Q2 that knocked most metrics out of the park**. Details are below, but the main takeaway, for me, of ANSYS' Q2 is this: being a one-stop shop matters. Having the ability to support a...
Hexagon’s Q2 dragged down by troubles in China
Hexagon last week reported Q2 results that expanded on their preannouncement earlier in July. Weakness in China led to an overall revenue decline of 1% on an organic basis -- though the company reports that revenue from China declined 25%, so clearly grew nicely...
Nemetschek’s Q2 strong, slows slightly from Q1
Nemetschek announced today that Q2 revenue was up 15% on an organic basis and 21% overall to €138 million. That's very, very good but investors will likely focus on the fact that Q1 growth was 27% as reported (23% cc) and 21% on an organic basis. The details: Total...
PTC’s FQ3 was OKish but weak bookings make investors unhappy
After what looked like a blockbuster LiveWorx last month, with buoyant customer use cases and technology roadmaps galore, PTC yesterday announced results that felt ... flat. Some of the details (see them all here), using ASC 605 accounting because that enables us to...
AVEVA says it saw high single/low double digit growth in the June quarter
AVEVA today issued a trading update, to keep pace with parent company Schneider Electric's fiscal second quarter results announcement. AVEVA said that it had a "good start to the financial year", with"high single digit revenue growth on a constant currency basis" but...
DS rocked Q2 but isn’t building a supersonic car. Bummer.
I am still plowing through Dassault Systèmes' materials about its second quarter, so may write an update later but here are first impressions: Q2 was good, really good, with non-IFRS revenue of €965 million, up 16% as reported, up 13% in constant currencies (cc) and...
MuM revises growth forecast upward — what slowdown?
PLMish earnings season starts today, as Germany's Mensch und Maschine (MuM) reports how its own software and the Autodesk VAR businesses performed in the second quarter. We've already heard from Hexagon and SAP that China and greater Asia, respectively, dragged down...