Altair adds S-FRAME for AEC structural designers

Altair adds S-FRAME for AEC structural designers

Super-quick, because it’s that kind of day: Altair just announced that it has acquired S-FRAME Software, a structural analysis tool used by architects, engineers, and designers to evaluate a structure’s ability to withstand loads like wind, water, and...
Altair adds S-FRAME for AEC structural designers

Quickie: Bentley acquires Imago for image management

That’s a simplified headline — what Imago really does is enable users to catalog and review drilling core and chip (in other words, rock sample) images. A key point in the acquisition: Imago’s machine learning technology that “will lead to a step...
AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated

Bentley’s Q1 revenue up 14%, cites SMB progress

Bentley’s Q1 revenue up 14%, cites SMB progress Bentley reported results way back on May 11 but I haven’t had time to finish a deeper analysis — so here’s a quick piece on those results and a little bit on what it all means. Even more quickly:...
Procore finally IPOs; valued at $8.5 billion

Procore finally IPOs; valued at $8.5 billion

Procore finally IPOs; valued at $8.5 billion No doubt about it: the market for makers of IT solutions targeted at the construction industry is HOT. Procore finally completed its initial public offering yesterday, raising $635 million by selling 9.5 million shares at...
AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated

Nemetschek starts strong, Q1 revenue up 12%cc

Nemetschek starts strong, Q1 revenue up 12%cc The Nemetschek Group recently reported Q1 results that point to a recovery in AEC — and bodes well for Bentley tomorrow and Autodesk later in the month. The details: Total Q1 revenue was up 8% (up 12% in constant...