AspenTech is getting better

AspenTech yesterday announced results for its fiscal third quarter, and they are not pretty. Getting better, though. Total revenue was $45.6 million, down 36% from a year ago, due primarily to the company’s transition from a traditional perpetual fee/periodic...

ANSYS reports 17% growth in Q1, raises guidance

ANSYS reported Q1 2010 results that it characterized as “over-performance against its outlook”: total revenue of $136 million, with gains in all regions and all categories of business. Perhaps most important, the core business is described as “solid”, and the...

Delcam says business is good!

In reserved, British fashion, Delcam plc today issued a trading update for its business through March 31: Sales were better that management had expected, “with software sales on a global basis and especially within the European market ahead of expectations”....

ESI ready for economic rebound

ESI Group last week gave more details on its financial performance for the year ended January 31. In March, we learned that total revenue for the year was €75.1 million, up 7% as reported or up nearly 4% in constant currencies. Almost all of the net increase came from...

Building the snowball: DS sees Q1 as “defining”

Every so often a CEO says something on an earnings call that’s too good not to repeat. Bernard Charlès, CEO of Dassault Systèmes said on the call held for European analysts (and available online) that software revenue was up only 3% in Q1 because DS still needs to...

Better economy, PLM priority lead to PTC’s growth

Earnings season begins today for the engineering software space (although AVEVA did hint at its results two weeks ago), with PTC announcing March quarter revenue slightly below expectations at $240.6 million, but still up 7% from last year. The company also adjusted...

Silver & gold: Autodesk’s new channel program

Autodesk recently announced a number of changes to its channel partner program, designed to make Autodesk easier to do business with and to give Autodesk’s 1900 VARs a competitive edge in the marketplace. Since Autodesk gets around 85% of revenue from the reseller...

COFES 2010: Mike Payne responds

A few days ago, I posted a few thoughts about this year’s COFES, including my take on a brief presentation given by Mike Payne. Mike graciously responded and below is his email in its entirety. He makes a number of good points: Monica, I had condensed the talk down to...

COFES 2010: Clouds, ashes and the future

COFES is always interesting (I’ve only been twice, so “always” is a relative term). Get 200-300 CAD/CAM/CAE/PDM/PLM people together at a resort in the Arizona desert for 3 days. Set up a few ballroom speeches and a lot of informal discussion sessions in the resort’s...

AVEVA shareholders not impressed

AVEVA today announced that the company made “good progress during a challenging year” as a resilient oil and gas market helped to offset weaker demand in its marine market. The company now expects that “full year results will be marginally ahead of current consensus...

Pricing is an art form

It must be, or why would we all believe that $12.99 is actually a more attractive price than $13.00? In the real world a price must reflect the cost to produce the product (or service) at its expected volume and the value the customer places on the product while...

FIRST Robotics finals start tomorrow

Those of you who follow me on Twitter may remember that I absolutely gushed back in February when a FIRST Robotics Competition team spoke to the analysts and media assembled by PTC. A quick recap: a small group of high schoolers (and their adult mentors) rolled in a...

SpaceClaim closes VC funding

As I noted a few weeks ago, venture funding has started to come back into the engineering software space. SpaceClaim today announced that it has closed a new round of funding to the tune of $5 million. The funding came from current investors, including Borealis...

Autodesk expands assistance program to veterans

Autodesk has extended its Assistance Program to veterans, according to the Wounded Artist Project. The Project contacted Autodesk to garner its support for a YouTube video on, of all things, BIM (Building Information Management); Autodesk was so impressed that it...

AVEVA strengthens its board

AVEVA Group today announced the appointment of Hervé Couturier as a Non-Executive Director, replacing the retiring David Mann on its board of directors.M. Couturier is a software industry veteran and is currently Executive Vice President of the Technology Group at...

CD-adapco: strong growth seeding the cloud

CD-adapco announced at its London user event that it was growing very nicely in spite of a global recession, has a succession plan in place and is adding additional licensing options to its StarCCM+ offering.Steve MacDonald, President and co-founder of CD-adapco, has...

Done deal: DS now owns IBM PLM

Dassault Systèmes announced today that it has completed its acquisition of IBM’s PLM sales and support organization has been completed. The $600 million transaction includes customer contracts and related assets and allows DS to present a single “face” to its PLM...

Unrest at Avatech

You may recall that Avatech Solutions, like many companies in the engineering software space, had a difficult 2008/2009 in response to the economic realities faced by its government, AEC and manufacturing customers. The company rebounded a bit in its last reported...

Delcam optimistic about 2010

Delcam plc, a UK-based developer of CAM solutions, reported on Monday that revenue for 2009 declined 3% to £31.8 million but, as the company points out “still represented the second-best turnover in the company’s history and stood 7% higher than sales in 2007”. Delcam...

News bites

Lots of things come over the transom that I find very interesting but don’t have time to do much about. But they’re too cool to keep to myself, so … CFD on a Mac Sympscape (aka Caedium) was mentioned in this blog a while back for making CFD results available via...