Q1 2020 earnings are done –phew– what did we learn?
Q1 2020 earnings are done –phew– what did we learn? Well, that’s a wrap. All PLMish companies have announced earnings, and it’s time to look back, summarize and look ahead. Writers call that a through-line, finding the theme that unifies a...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...
Autodesk’s Q1 was decent, hints at stable employment at its customers
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...
European AEC software: surprisingly strong Q1
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...
CAE is cautiously optimistic: News from Altair, ANSYS, and ESI
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...
Quickie: Rockwell completes Kalypso acquisition
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...
Hexagon: “extraordinary times” led to Q1 down 7%, cost-cutting plan
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...
PTC’s subs lead to a good FQ2 & perhaps a decent 2020
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...
Dassault Systèmes’ Q1 as pre-announced; 2020 will be tough
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...
What we learned: IBM, SAP and MuM report CQ1
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...
Out of the COVID-19 mailbag — answering your top questions
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...
AVEVA updates for FY 2020 (good) and calendar 2020 (cautious)
AVEVA updates for FY 2020 (good) and calendar 2020 (cautious) AVEVA just gave an update on how fiscal 2020 turned out (ended March 31) and hinted at what it expects for the rest of calendar 2020. It was the typical, brief, “we’ll say more later” news...
How you can help: lend your compute power to Folding@Home
How you can help: lend your compute power to Folding@Home Here’s one that requires literally no effort on your part, after you download the app to your PC tower: Lend your CPU and GPU to scientists who are trying to discover how to block the Coronavirus from...
Autodesk takes minority stake in Aurigo, for infrastructure project delivery
Autodesk takes minority stake in Aurigo, for infrastructure project delivery Here’s an interesting one that I didn’t see coming: rather than acquiring, Autodesk is taking a minority stake in the privately-held AEC-focused firm, Aurigo Software....
SAP pre-announces, still sees growth for 2020
SAP pre-announces, still sees growth for 2020 SAP became the latest company in our PLMish universe to pre-announce results for the quarter ended March 31, and offer some glimpses into how other companies may have fared — and to what the rest of 2020 may hold....
How you can help: Join MIT’s Beat the Pandemic hackathons
Just over the transom: MIT is hosting two hackathons THIS WEEKEND to tackle specific problems related to the COVID-19 epidemic. They’re calling this Beat the Pandemic, and say that The Challenge is a 48-hour sprint beginning on Friday afternoon (4/3) and ending...
PTC and Ansys DON’T preannounce
PTC and Ansys DON’T preannounce What a strange time, when it’s notable that companies just go ahead and schedule their earnings releases as per normal, like PTC did today (for April 29), or craft a special letter to investors that ends with the earnings...
How you can help: support businesses that make PPEs
How you can help: support businesses that make PPEs You don’t come here for politics, so we’ll leave all that aside, and point out that many businesses that are working to make personal protective equipment (PPEs), often without knowing if or how...
