


PTC’s FQ1 was good, but macroeconomic worries loom
PTC’s FQ1 was good, but macroeconomic worries loom PTC announced fiscal Q1 2023 results last night that were better than expected in some areas. Profit was up but not as much as expected, and ARR was bigger than expected even though growth slowed a bit …...
Earnings are a mixed bag so far, with Hexagon and AspenTech reporting, and reports from Microsoft and SAP driving news
Earnings are a mixed bag so far, with Hexagon and AspenTech reporting, and reports from Microsoft and SAP driving news Tech earnings start piling up this week, so before we drown under news from Meta, Apple, Amazon, and others — and PTC and Dassault Systemes in our...
Super quick: Hexagon preannounces because of data breach
Super quick: Hexagon preannounces because of data breach Almost every earnings season, someone asks why companies preannounce, and I reply that it’s usually to make sure no ethics violations can occur. Earnings info is usually considered market-moving so if a...
Sandvik’s Q4 2022 knocked expectations out of the park
Sandvik’s Q4 2022 knocked expectations out of the park Sandvik started the PLMish reporting season with a bang, reporting Q4 2022 results that beat expectations in nearly all instances. (Note that Sandvik doesn’t give exact guidance, so the numbers that were...
It’s finally done: Schneider Electric owns AVEVA
It’s finally done: Schneider Electric owns AVEVA And so we have the final episode of this saga: AVEVA shares are no longer being traded on the London Stock Exchange today as the final step in the sale of AVEVA to Schneider Electric. The last trades yesterday put...
Hexagon to buy SaaS-based Projectmates for construction offering
Hexagon to buy SaaS-based Projectmates for construction offering Remember years ago when Hexagon first said it was interested in expanding from design into construction? Given its strength in plant design, this was a natural progression. But the companies that build...
Ansys continues buildout, acquires Rocky DEM
Ansys continues buildout, acquires Rocky DEM First off, happy new year! May 2023 bring you happiness and health! Ansys wins the prize for the first-announced deal of 2023, saying that it had acquired Rocky DEM and its developer and support teams from long-time channel...
May the new year …
… be filled with health, happiness, joy, and success. It’s almost time for a lovely winter nap — and perhaps some frolicking in the snow if that big storm materializes — but first, we’d like to thank you for an amazing 2022. See you in...
5 on a Monday: update on Ansys+DYNAmore; Gamma, TECHNIA and Lectra acquire; HOOPS goes Epic
5 on a Monday: update on Ansys+DYNAmore; Gamma, TECHNIA and Lectra acquire; HOOPS goes Epic It’s Monday, one of the last of 2022 — and so much is happening. First, an update on Ansys’ acquisition of DYNAmore: I posited that Ansys was also acquiring Scale, the DYNAmore...
Ansys to acquire DYNAmore for its automotive products and expertise
Ansys to acquire DYNAmore for its automotive products and expertise And the acquisitions continue. Ansys just announced that it would acquire DYNAmore for its explicit simulation products, consulting, and sales expertise targeted at the automotive industry. And those...
5 on a Friday: Bentley, Cadmatic, FARO, GoEngineer and Graphisoft all acquire
5 on a Friday: Bentley, Cadmatic, FARO, GoEngineer and Graphisoft all acquire SO much news to catch up on: FARO acquired SiteScape, a maker of low-res iOS LiDAR scanning software that’s used in indoor AEC and operations and maintenance applications....
YII 2022: Bentley’s evolution nudges a data revolution
YII 2022: Bentley’s evolution nudges a data revolution Earlier this month, I was lucky enough to attend the 2022 edition of Bentley Systems’ Year in Infrastructure. While much was similar to prior years’ in-person YIIs, a lot was different. There was certainly the...
Quickie: AVEVA shareholders approve sale to Schneider Electric
Quickie: AVEVA shareholders approve sale to Schneider Electric I hope you had a wonderful, restful weekend! While some of us were enjoying turkey and trimmings, AVEVA’s minority owners approved a sale of their shares to Schneider Electric (SE). This ends the...
Happy Thanksgiving!
Happy Thanksgiving! It’s been a frantic Fall, so it’s lovely to feel things slowing down this week. In the US, Thanksgiving Thursday is about food, family, friends, and being grateful for the bounty in our lives. My list of things to be thankful for is...
Super quick: PTC to acquire ServiceMax for $1.5 billion
Super quick: PTC to acquire ServiceMax for $1.5 billion PTC just announced that it will acquire ServiceMax in a $1.46 billion deal that’s expected to close in January. You’ve probably heard of ServiceMax; they offer field service management solutions in...
4 on a Saturday: travel catchup edition
4 on a Saturday: travel catchup edition I’ve been AWOL the last two weeks, walking the length of the Kennet and von canal in England. Amazing engineering, water control in a place where rain is a given … and beautiful countryside. More on that at some point....
2 on a Wednesday: Earnings from Hexagon and Nemetschek
2 on a Wednesday: Earnings from Hexagon and Nemetschek Hexagon and Nemetschek reported results late last week, and I just couldn’t get to them — so here are quick recaps. Hexagon reported total net sales in Q3 of €1,317 million, up 22% as reported and up 7% on an...
ESI’s Q3 shows subs transition ahead of plan
ESI’s Q3 shows subs transition ahead of plan You might recall that ESI held its Live event in September. That was customer-focused, where presenters talked about how the auto, aero, and heavy industries use ESI products to design better and faster. The week...
AU 2022: a joyous in-person extravaganza
AU 2022: a joyous in-person extravaganza Last month, Autodesk held its first Autodesk University (AU) in person since the whole COVID drama began. It was both a very familiar event and completely new. New: New Orleans instead of Las Vegas! Being handed a COVID test...