Autodesk transfers utility-industry products to SBS

Autodesk transfers utility-industry products to SBS

Autodesk and Spatial Business Systems (SBS) announced yesterday that further development of Autodesk’s utility industry products is being moved to SBS. This news affects users of the Autodesk Substation Design for Inventor, Autodesk Substation Design for...
PTC says Q4 revenue will be low because of … subs

PTC says Q4 revenue will be low because of … subs

PTC just announced preliminary results for Q4 of fiscal 2016 (ended last week) that show bookings will be well ahead of plan but revenue lower than expected. Blame math: more buyers chose subscriptions than perpetuals, which means revenue will be below expectations...
PTC says Q4 revenue will be low because of … subs

Big news: Siemens PLM CEO Chuck Grindstaff moving up

Siemens PLM just told me that Chuck Grindstaff is moving up, taking on a new role as Executive Chairman of Siemens PLM Software; current EVP of Global Sales, Marketing and Service, Tony Hemmelgarn, will take over as CEO on October 1. I’m a bit gobsmacked but...
Siemens unleashes the potential of 3D printing

Siemens unleashes the potential of 3D printing

Ahh, Fall! Here in the Northern hemisphere, a time of cooler temperatures, changing foliage and … PLMish conferences. Analyst events, user conferences, product launches — it’s a busy time in our little world. In order to keep up with it all,...
Altair revs its rendering engine

Altair revs its rendering engine

Altair revs its rendering engine Altair announced today that it has acquired Solid Iris Technologies, maker of the Thea Render photorealistic rendering engine that’s already in use in Altair’s solidThinking Evolve concept design solution. Thea Render...
PTC says Q4 revenue will be low because of … subs

Quickie: GE all in on 3D printing

General Electric, the global megacorp that includes aircraft engines in its huge manufacturing portfolio, announced today that it is acquiring two European 3D printing companies for a total of $1.4 billion, making ever more real its vision to supply more complex...
PTC says Q4 revenue will be low because of … subs

Big changes coming at ANSYS

ANSYS just announced that longtime CEO Jim Cashman will be stepping aside as CEO but will remain with ANSYS as Chairman of the Board of Directors. Taking the CEO reins will be Dr. Ajei Gopal, who has been a member of ANSYS’ Board since 2011. Dr. Gopal became...
PTC says Q4 revenue will be low because of … subs

Quickies: Acquisitions continue in the PLMish world

Just because you’re lying on a beach, don’t assume everyone is. We’ve had a couple of acquisition announcements come across the transom in the last week, and they’re noteworthy. SofTech continues its shift in focus away from PLM. You may have...
Q&A Friday: CD-adapco and CAE at the Olympics

Q&A Friday: CD-adapco and CAE at the Olympics

It’s a gorgeous summer day here in New England — a perfect time for a little A to some of the Qs that have come in to the Schnitger Corp. website: Who is the CEO of CD-adapco? Bob Ryan has been the CEO of CD-adapco since June. You may know Mr. Ryan from...
PTC says Q4 revenue will be low because of … subs

Hexagon acquisition boosts construction accountability

Dire reports about poor productivity on construction sites (plus, to be honest, the public perception that most workers are just standing around) means that this is an industry ripe for PLMization. Bentley, Trimble and Autodesk have been selling technology to this...
PTC says Q4 revenue will be low because of … subs

PTC’s FQ3 shows surprising demand for subs

It’s big-boy PLMish earnings week and, so far, so good. PTC on Wednesday (and Dassault Systèmes on Thursday, blog post in the works) reported that demand remains solid. PTC customers’ appetite for subscriptions continues to surprise as it came in...
PTC says Q4 revenue will be low because of … subs

Quickie: DS to acquire CST for €220 million

Dassault Systèmes announced its Q2 results this morning (good, acceleration expected in the second half of the year) and also said that it has agreed to acquire acquire Computer Simulation Technology AG (CST), a maker of electromagnetic and electronics simulation, for...
PTC says Q4 revenue will be low because of … subs

Quickie: PTC’s FQ3 is right where they said it would be

Sorry to interrupt your beach day, but it’s earnings season and PTC just reported that FQ3 GAAP revenue was $289 million, right in the middle of the target of $287 million to $292 million, and down 5% from a year ago. You’ll recall that PTC is (also,...
Pokémon GO could change the world of design and engineering

Pokémon GO could change the world of design and engineering

You may have seen the news stories about Pokémon GO, the app for iPhones and Android phones, that has human beings glued to their phones while running around in the real world trying to capture Pokémon cartoon characters. Players use their phone’s camera to find...