Autodesk+PlanGrid is a big bet on construction digitalization
What does almost one billion US dollars buy? In Autodesk's case, PlanGrid. Yesterday, as part of its quarterly earnings, Autodesk announced that it will acquire the privately-held PlanGrid for $875 million, net of acquired cash. That's a heck...
AVEVA’s H1 benefits from solid execution
Q: How do you put together two very different companies, in the hope that 1+1 > 2?A: Very carefully.AVEVA today reported that revenue for the first half of fiscal 2019 were £343 million, up 11% as reported and up 14% in constant currencies (cc)....
PTC buys Frustum, as gen des heats up
Not sure what gen des is? Generative design is the use of assistive technologies to help refine a design. Need a chair to hold a certain sized person? Give a gen des tool a set of parameters, and let it design the chair for you -- that's called topology...
AU 2018 goes convergent
For the first time in years, I had to leave AU before the bitter end. It’s for a work commitment, so 100% necessary, but it means that this writeup doesn’t cover what will happen in the AEC and manufacturing keynotes, which took place after I...
Bentley makes AIworx official, announces second deal
Bentley's acquisitions just keep rolling. At last month's Year in Infrastructure conference, the company announced one in pedestrian simulation, LEGION, and Agency9 to complement its existing digital cities offering. Another one was hinted...
Altair + Datawatch = interesting opportunities
Yesterday, Altair announced that it wants to acquire/merge with Datawatch, prompting a lot of "who?" and "why?". Since I hadn't heard of Datawatch, I did a bit of research -- here's what I learned and why I think this combination is an...
Quickie: Altair to acquire Datawatch for analytics
Dashing out the door to an all-day meeting and this pops into the inbox: Altair is merging with really, acquiring) Datawatch, a company that makes data prep, data prediction, and high-volume data visualization technologies that Altair...
Eek – schnitgercorp.com not secure???
You may have noticed that your browser throws up a little warning that Schnitger Corp's website is not secure. That's currently true because we've run into an IT-gremlin issue related to SSL certificates. We're working on a fix and hope to turn...
Nemetschek’s Build offerings contribute to strong Q3
Nemetschek Group, the holding company for brands like Allplan, Graphisoft, VectorWorks and Bluebeam, announced results this week that show continued progress in digitizing the AEC world. The details: Group revenue for Q3 was €115 million, up...
PTC’s F18 closed strong as reinvention continues
PTC's Q4 and fiscal 2018 results, released last week, were solid yet investors were displeased because the forecasts for F19 presupposed a faster transition to subscriptions than many expected. Remember: subs mean lower initial revenue but a...