Siemens snaps up partner PSE for process design
If you pay attention to the process industries (oil and gas, chemicals, and so on), you’ll know that much of the economic decision-making rests on the design of the chemical processes that transform crude into heating oil or petroleum by-products into commodity...
Nemetschek’s Q2 strong, slows slightly from Q1
Nemetschek announced today that Q2 revenue was up 15% on an organic basis and 21% overall to €138 million. That’s very, very good but investors will likely focus on the fact that Q1 growth was 27% as reported (23% cc) and 21% on an organic basis. The details:...
AVEVA says it saw high single/low double digit growth in the June quarter
AVEVA today issued a trading update, to keep pace with parent company Schneider Electric’s fiscal second quarter results announcement. AVEVA said that it had a “good start to the financial year”, with”high single digit revenue growth on a...
AspenTech acquires IoT and AI companies
Artificial intelligence, AI, means many different things, depending on the industry, use case and technological sophistication of the user. AspenTech, which makes chemical process design software as well as solutions that help process plants manage their assets more...
Autodesk invests in actual construction startup
You know that Autodesk invests in tech startups. Did you know that they also invest in makers of actual, physical things? Apparently, they do! Autodesk just announced that it has increased its investment in Factory_OS, a “volumetric modular construction...
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...
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...
