ESI reports slight decline in FQ1

ESI Group reported yesterday that sales for the first quarter of FY2011 were €16 million, down 3% from a year ago on a decline in services revenue that was not offset by slightly higher license sales. License revenue was €11 million euros, essentially flat when...

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...

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...

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...

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...

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...

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...

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...

Mentor Graphics acquires Valor

Taking a page from the PLM playbook, Mentor Graphics announced on March 18 that it had acquired Valor Computerized Systems, extending its reach from design into manufacturability. The net price paid was about $50 million. Valor did not report revenue for the fourth...

ESI Group sales up 7% for 2009

ESI Group reported results yesterday for the year ended January 31 — and investors like. A lot. ESI’s share price is up over 7% at mid-day trading in Paris. The details: • Total revenue for the year was €75.1 million, up 7.1% as reported or nearly 4% in constant...