Quickie: AVEVA adds asset performance assets
Super-quick, as I'm about to board a flight: AVEVA has apparently decided its offering (the combined Schneider Electric Software and legacy AVEVA products) had a gap in asset performance management that could only be filled by acquisition. To that end, the company...
OnScale secures $10 million investment
Yesterday, I wrote about the continuing buying spree in CAE. Then came the news that OnScale has secured $10 million in Series A funding led by Intel Capital and Gradient Ventures, Google’s investment fund, along with Thornton Tomasetti, Stage 2 Capital, Cultivation...
CAE roll-ups continue, with Siemens and Altair active
I work with a lot of investors and software companies, and perhaps the most common question I am asked is, what's left to acquire? It's rare that an industrial company acquires a simulation provider (as Juul did when it snapped up Envenio); this is usually more about...
When control systems fail …
We were driving along, quite safely or so I thought. Nothing to see here, just piloting down the middle of our lane, about to merge onto the highway. There were a few cars in the road, but none close when the car started going nuts. Beeping inside the cabin, flashing...
Free SolidWorks for displaced auto workers
Just came across this blog post and thought it deserves wider visibility: "Workers displaced by plant closure can leverage their industry knowledge and secure a brighter future by gaining SOLIDWORKS CAD skills. DASI is proud to offer a program at NO COST for these men...
It’s Pi Day – do some math!
Today is 3.14 -- shorthand for the mathematical constant π (aka pi), which you may remember as the ratio of a circle's circumference to its diameter. In college, friends could recite pi out to umpteen decimal places; I'm happy with 2. I didn't realize until last year...
Quickie: ESI’s revenue up 3% in fiscal 2019
ESI just reported revenue for the quarter and year ended 31 January -- and the news is good: Total revenue for the year was €139 million, up 3% as reported (up 4% in constant currencies, cc) For the year, license revenue was €110 million, up 4% as reported and...
Maritime slowwlllyyyy enters the 21st century
Many of you may know that I'm a naval architect by training and, despite a career more related to software than ships, I'm still part of a proud seafaring tradition. Building and operating ships is fascinating! And, lately, it's coming up more and more often in my...
Bentley invests in digital twins for water infrastructure
So much news .... Amidst a lot of earnings comes this, from Bentley Systems: Bentley today said that it has invested an undisclosed amount in Digital Water Works, a company that makes digital twin solutions for "smart wet infrastructure" (my quotes), to enable Bentley...
DS’ 2018 sets the stage for expansion in 2019
Dassault Systèmes announced results for Q4 and fiscal 2018 just as I was boarding a plane earlier this month, and I only had time to post a very quick recap of the highlights as I saw them then. This week brings us earnings from ANSYS (tonight/tomorrow morning), as...