HxGN aims to help us save ourselves
Back in Vegas! I’m at Hexagon’s user conference, HxGN LIVE, most of this week–so yes, not at PTC LiveWorx or Siemens Realize LIVE (so much LIVE, no?)– with a daunting schedule of meetings and sessions. I hope to learn what makes this...
DS buys Medidata clinical trial software
Super quick: Dassault Systèmes announced that it is buying Medidata Solutions for $5.8 billion in cash. Medidata is publicly traded in the US and makes software used in clinical drug trials. This had been rumored for a while, with DS CEO Bernard Charlès telling...
Missler becomes TOPSOLID, with new owners
Missler Software announced in April (yes, I know it’s old news, but it is important news, nonetheless) that it will now be known as TOPSOLID. It’s not as random as it sounds: the Topsolid CAM product has a great (if expensive) reputation and few knew that...
RIB takes majority stake in BSD to aid AEC collab, gain access to US market
Yesterday, RIB Software and Building Systems Design (BSD) announced that RIB is acquiring a majority in BSD. RIB, you may recall, makes desktop and cloud solutions for the construction industry that harness the data in BIM models and uses it to enable construction...
Wipro snaps up ITI
This is a really big deal: Wipro has signed a definitive agreement to acquire International TechneGroup Incorporated (probably better known as ITI), maker of the interoperability solutions that make the PLMish world possible. I saw the news from the Economic Times of...
Bentley’s 2019 corporate update: again no drama, solid growth
Bentley’s spring business update call turned out to be an interesting view into the company and its products — but we learned few new details about how the company is doing. A couple of weeks ago, Bentley released its “annual report”, the key...
Autodesk’s FQ1 was led by AEC, up 37%
Autodesk last Thursday announced results for its fiscal first quarter. Were they trying to go under the news radar just before the Memorial Day holiday? (Am I really that cynical?) I dunno but the share price fell 9% at one point, and was down 5% before the stock...
AVEVA’s F19 revenue up 12% on reinvention & execution
It’s always hard to pick out one factoid from a company’s earnings release, but I think this one says much about how AVEVA is doing: 13 months after swallowing / being swallowed by the larger Schneider Electric Software (SES), the company reported total...
ESI: SaaS before that was even a thing
ESI just announced results for the first three months of its 2019 financial year and they were, aside from Services, pretty good. Remember that Q1 is usually ESI’s weakest quarter, it’s hard to grow a subscription business, and that the company is...
Totally OT: Walking and the week ahead
Welcome back — to me, at least, if you’ve been hard at work the last couple of weeks. I’ve been wandering in England, through old villages, new towns, Garden Cities, woods and fields. I’ve talked to lots of people about all sorts of things,...
ESI’s 2019 is focused on amplifying what works
You might remember that ESI has a new CEO, Cristel de Rouvray. Since February, Ms. de Rouvray and CFO Olfa Zorgati have been on a listening tour, talking to investors, customers and employees to learn what they think will help drive ESI to new levels of revenue,...
Bentley surpasses $700 million
[Note: I’m traveling and so wrote this based on advance materials provided by Bentley. They are hosting a conference call today and I’ll update, if warranted, when I can listen to the replay. The report I reference is now available for you to download. Go...
Altair’s Q1 revenue up 13% on software strength
The good news keeps rolling, as Altair reported Q1 revenue of $128 million, up 13% and around $2 million ahead of expectations. CEO Jim Scapa said that the guidance beat was powered by software product sales — not surprising, given the portfolio buildout and...
Hexagon reports OK Q1 with signs of improvement; pleased with MSC!
It’s a busy day, so let’s get right to it: Hexagon reported Q1 revenue of €917 million, up 10% as reported and up 4% on an organic, constant currency (occ) basis — disappointing analysts who had expected slightly higher growth hand revenue. Hexagon...
ANSYS’ Q1 again tops forecasts. A lot.
I posted a quick update about ANSYS’s Q1 results right after they were announced yesterday and managed to leave out one important item: an acquisition. So let’s start there and then dive into more earnings detail. ANSYS continues to built out its offering...
More earnings-apalooza: ANSYS, Trimble and FARO
Sorry – no unifying theme for this afternoon’s earnings announcements from ANSYS, Trimble and FARO. ANSYS is the CAE powerhouse; Trimble makes design, measurement and other software used in the construction, mining, trucking and similar industries. Both...
Nemetschek & RIB report strong Q1, PLMish continues its roll
Nemetschek and RIB continued the PLMish roll this earnings season, with both companies reporting stellar growth in Q1. You may recall that Nemetschek started out as the provider of building information (BIM) solutions Allplan and Graphisoft, but has recently been...
MuM is “completely satisfied” with Q1
— and that’s a good thing for Autodesk, too. Mensch und Maschine said today that it had “a fantastic start to fiscal year 2019”, with revenue up for in proprietary software business, its new SOFiSTiK acquisition and its Autodesk reseller...
