PTC’s Q4 revenue down, subs & manufacturing economy

PTC’s Q4 revenue down, subs & manufacturing economy

Earnings come, whether I’m there to listen or not. PTC just reported fiscal Q4 and 2015 results — and, at first glance, they’re decent given the change to a subscription model. About to hop on a plane but here are the bare facts: Total revenue in Q4...
AVEVA showcases toys & tech at World Summit

AVEVA showcases toys & tech at World Summit

Dubai is hot, both in temperature and in infrastructure buildup. If you followed along last week you saw the view from my hotel window: construction everywhere, towers rising in a no-mans land of scrubby desert. Where the buildings are finished, they’re surrounded by...
PTC’s Q4 revenue down, subs & manufacturing economy

Hexagon’s Q3 shows acceleration

Hexagon, the parent company of brands such as Intergraph, Leica and Vero, just announced that total reported revenue was up 14% in Q3 to €742 million; on an organic and constant currency basis, revenue was up 6%. In prepared remarks, CEO Ola Rollén said that Q3 showed...
PTC’s Q4 revenue down, subs & manufacturing economy

MuM ups guidance on strong year to date

Germany’s Mensch und Maschine (MuM) today announced that the strong growth it had seen through the first 6 months of 2015 continued in Q3, with total revenue for the year-to-date up 16% as reported to €119 million. M+M Software was up a more modest 8% to €30...
PTC’s Q4 revenue down, subs & manufacturing economy

Stratasys sees trouble in maker sales

Late yesterday, Stratasys announced that Q3 results would be well below expectations, coming in at around $167 million (versus earlier guidance of $155 million to $190 million), with a GAAP net loss of  $155 million to $190 million that’s largely due to asset...
PTC’s Q4 revenue down, subs & manufacturing economy

DS’ Q3 blew past expectations

Dassault Systèmes just announced Q3 results that nicely exceeded July’s guidance of total, non-IFRS revenue of about €665 million; Q3 came in at non-IFRS revenue of €686 million, up 9% in constant currencies. I think that’s also a bit above market...
A little paranoia …

A little paranoia …

From the Travel Desk at Schnitger Corporation Dear Sir, We know you’re important, that your time is in demand. And that it’s hard to schedule all of your calls and meetings around travel — heck, we’ve been there. But –but– we...
SimSci boosts process performance, profit

SimSci boosts process performance, profit

You likely know that AVEVA and Schneider Electric Software are poised to merge, assuming due diligence and regulatory hurdles don’t throw up insurmountable obstacles. What will that mean for plant designers? For engineering and construction companies? For asset...
PTC’s Q4 revenue down, subs & manufacturing economy

Field-to-office heats up, Trimble acquires PocketMobile

We need to get past the idea that design and engineering begin and end in an office, drawing room or lab; it’s time we joined much of the rest of  the business world by taking work to where it needs to be, even if that is outside the office. That’s enabled...
PTC’s Q4 revenue down, subs & manufacturing economy

PTC gets into AR with Vuforia acquisition

Interesting news — from the “I didn’t see this coming” department: PTC just announced that it is acquiring Qualcomm’s Vuforia business for $65 million. Vuforia makes augmented reality (AR) technology, which PTC says is “the...
Browser, new UI & consistent focus in SolidWorks 2016

Browser, new UI & consistent focus in SolidWorks 2016

SolidWorks debuted its 2016 release a couple of weeks ago and officially released it last week —you should check out its 300+ enhancements/major fixes at solidworks.com or by attending an event hosted by your favorite reseller— but it’s tough to sum up in 1000 words....
PTC’s Q4 revenue down, subs & manufacturing economy

Altair snaps up Click2Cast

Altair just announced that it has acquired Click2Cast, adding both casting simulation and an office in Barcelona to its aresenal. Spanish Click2Cast developed what it calls a “revolutionary” mesh generator that begins with imported STL...
Autodesk nabs netfabb to boost 3D printing

Autodesk nabs netfabb to boost 3D printing

Not a dull week — not at all. Autodesk just stepped up its game in 3D printing by saying it intends to acquire netfabb, a German software company, and by making a strategic investment in netfabb’s parent company, FIT Technology. netfabb makes software that...
PTC’s Q4 revenue down, subs & manufacturing economy

Onshape raises another $80m, well ahead of schedule

Onshape announced today that it has raised another $80 million in new equity financing in a new round led by Andreessen Horowitz and with existing investors New Enterprise Associates, Commonwealth Capital Ventures and North Bridge Venture Partners upping their...
Siemens PLM Catchbook is the tip of the iceberg

Siemens PLM Catchbook is the tip of the iceberg

Siemens PLM is big, really big, with thousands of employees, dozens of product lines, 8 target industries, and lots of messages to convey in a 3+ day-long analyst event. I’ve been trying to come up with a single theme, or story to tell that ties it all up neatly for...
PTC’s Q4 revenue down, subs & manufacturing economy

Bentley acquires e-on, CG for nature

Bentley Systems,just announced that it has acquired e-on software, a French company that makes computer graphics technology specifically for natural environments. Think Minions (which I loved) or How to Train Your Dragon (didn’t see), and you’re on the...
PTC’s Q4 revenue down, subs & manufacturing economy

Quickie: Hexagon acquires EcoSys for AEC project control

I’m at the Siemens PLM analyst conference in Boston this week, but need to let you know that Hexagon is acquiring EcoSys to further its strategy of addressing broader AEC project challenges. EcoSys helps customers capture and manage project information related...
PTC’s Q4 revenue down, subs & manufacturing economy

Exa’s Q2 shows good progress

Exa reported results last week that show good progress, if not stellar growth. Total revenue in Q2 was $15.5 million, up 4% as reported and up 15% in constant currencies — more or less in line with prior guidance and Wall Street’s expectations. The details: License...
Accelerate 2015 tackles PLM, one bite at a time

Accelerate 2015 tackles PLM, one bite at a time

The end of summer, warm days, cool nights, Boston harbor all around. Hard to focus on PLM, right? But 300 of us managed it, inside the Seaport Convention Center at Accelerate 2015. We were treated to dozens of presentations by Autodesk PLM360 users and Autodesk...