Bentley moves user conference online

It’s official: citing cuts in its customers’ travel budgets, Bentley has moved its userconference online, reframing the content as a series of webinars. Given the cost toBentley to stage the annual extravaganza, this only makes sense, as its revenue is...

MSC rides a winding road

MSC Software proved last week that it is not immune to the slowdown in spending seenby other PLM suppliers. Total Q4 revenue of $65 million was down 9% from a year ago,leading the company to an operating loss for the quarter. For the year MSC reported totalrevenue of...

ANSYS – weak Q4 leads to worries about 2009

ANSYS shares were hammered late last week, falling to a 52-week low after the companydramatically lowered its forecasts for 2009 — even though results for 2008 were OK.On the plus side:- CEO Jim Cashman said that companies continue to see a need to innovate, and...

CD-adapco’s stimulus bill: "No Engineer Left Behind"

CD-adapco today upped the ante on helping displaced engineers improve their skills andmarketability. "No Engineer Left Behind" is a global program — all others that I’m aware ofare US-based — offering training at any CD-adapco facility, a...

Stimulus bill: what’s in it for PLM?

The Wall Street Journal posted a handy summary of the 1,073-page stimulus bill signedby President Obama on Monday. It’s possible that the bill contains provisions not in theJournal’s table, but judging by the summary, Washington is hoping that...

MSC and Elliott Assoc. reach agreement on “standstill”

Elliott Associates and MSC Software today filed a schedule 13D with the SEC stating that the two had reached and agreement under which the various Elliott entities that already own 13.4% of the outstanding shares of MSC will not buy more than 2.96 million additional...

DS 2008 results as expected — but 2010 looks interesting

Dassault Systèmes reported final results for 2008 earlier today and issued outlook for2009 that reflects what the company believes will be a "challenging" 2009, with conditionssimilar to those seen in Q4 2008.Highlights from the earnings calls and releases:-...

Invention Machine wants to help you innovate

A couple of weeks ago, I was fortunate to hear Boston Scientific speak about how it sought to build a culture of invention and discovery that leads its various businesses to successful new products. Randy Schiestl, VP R&D, and Jude Currier, cardiovascular...

Autodesk’s plans for Algor shaping up nicely

I recently had a long chat with Autodesk’s Amy Bunszel, product marketing manager inthe Manufacturing Solutions Division(MSD), about the company’s plans for Algor.First of all, all Algor employees will remain in Pittsburgh. Mike Bussler, founder of...

Dassault Systèmes missed Q4 on 20% drop in new license revenue

DS released preliminary fourth quarter results today, showing that the global economiccrisis is affecting all price points along the PLM curve. DS reports that preliminarynon-GAAP total revenue is estimated at €382 million, compared to the company’sobjective of €385...

Hits and Misses of 2008

It’s been quite a year — like most, filled with stuff both good and bad. My top 10 happenings, all related to engineering software:1. Hit: The CAE vendor landscape changed dramatically, as ANSYS bought Ansoft andexpanded its applications footprint even...

Peace on Earth

Goodness — that would be quite an announcement. It’s more of a wish …As the year winds down, we’d like to wish all of our friends and colleagues a joyousholiday season. May your 2009 be better in every way.

Autodesk strengthens CAE offering by acquiring ALGOR

Autodesk announced today that it has reached an agreement to acquire ALGOR Inc., of Pittsburgh for approximately $34 million, or (by our estimate) slightly more than two times revenue. Autodesk has said all along that it will continue to seek strategic...

ESI Group cautiously optimistic about Q4

ESI announced Q3 results today that were good — and not foreshadowing gloom. It’s thefirst company to announce results that included October, after the world went into thecurrent financial meltdown. Total revenue for Q3 was up 4% to €13.4 million, with...

"Displaced" workers take advantage of Altair’s offer

According to Mike Kidder of Altair, the company received over 200 applications for itstraining/update program for displaced workers in southeastern Michigan (details below).December course offerings were completely booked within 48 hours of the announcement.Writes...