New product gaining traction in the market? Check. Problematic end-industry apparently reviving? Looks like it. Costs under control? Yup. More acquisitions? Yes, please. AVEVA’s recent earnings announcement hit all the high notes and investors loved it, sending...
A long time ago I took a job at Bath Iron Works, in the Hull Drawing Room. MIT hadn’t taught me anything as practical as how a ship was actually built (although I could analyze the heck out of it), so the Drawing Room foreman sent me on rotation through the...
Welcome to a new week! We hope you had a fabulous weekend. Here in New England, we’re veering between lovely spring weather and cold winter, with snow in the forecast yet again. Sorry that this post is later than usual; server issues have had the Schnitger Corp...
AVEVA today issued one of its periodic interim statements, press releases that don’t say much but hint a lot. The big headline: things are going well and conditions haven’t changed since the company’s November report. AVEVA said that business in...
AVEVA yesterday announced results for the six months ended September 30 that were both in keeping with the upbeat tone of the interim statement released at the end of the June quarter and the more cautious economic sentiments we’ve heard elsewhere, especially...
At last year’s World Summit, AVEVA unveiled its vision for the future of plant design, Everything 3D, aka E3D. This year’s event didn’t have that big a moment, but had a series of smaller moments all centered around the visual impact of information....
AVEVA announced yesterday that the June quarter was a “good start” to its fiscal 2014; happy investors sent its share price up 14% for the day. These interim announcements don’t include many actual numbers, so AVEVA uses qualifiers to describe...
CEOs lead interesting lives. In an interview with the CNBC Squawk Box team in the UK, AVEVA’s CEO Richard Longdon was asked if the company’s new Everything 3D (E3D) product was “CAD for smart people”. Well, yes — but the point of E3D is...
AVEVA today tantalized financial markets with good news that sent its share price up 5%. Turns out that the last half of fiscal 2013 (ended March 31) wasn’t awful. In fact, it was pretty good. The company says it continues to see good demand for its engineering...
Earlier today, at the Hannover Fair, Bentley Systems and Siemens Industry Automation Division announced an extension of their collaboration — this time for the process industries. Last November, the two companies signed a memorandum of understanding to integrate...
