SofTech’s reinvention continues

Jan 4, 2012 | Hot Topics

Welcome back! I love how quiet the world gets around the end of each year, with even junk email slowing to a trickle. Then the new year starts, full of bustle and purpose. A lot of news tends to get lost in that transition so I’ll try to get us all caught up over the...

ESI reports Q3 revenue up 10%

Dec 15, 2011 | Hot Topics

ESI Group reported today that third quarter 2011 revenue was €17.6 million, up 10% both as reported and in constant currencies on strong demand for its services offerings.  ESI CEO Alain de Rouvray said that the third quarter results “show the offensive and defensive...

ESI announces Efield acquisition

Dec 14, 2011 | Hot Topics

Last month, ESI Group said that it had opened a 7-year, €30 million credit facility to help fund its acquisition strategy — and today we learn of the second* deal under the new financing arrangement: the acquisition of Efield, a Swedish supplier of...

Cimatron: new license revenue up 18% in Q3

Nov 21, 2011 | Hot Topics

Last week, I briefly noted that Cimatron had reported Q3 revenue of $9.6 million, up 10% from the $8.7 million reported last year. Here are a few more details about what actually was a really good quarter for Cimatron: License revenue was 42% of total, or $4.0 million...

Autodesk Q3 revenue up 15%

Nov 21, 2011 | Hot Topics

Autodesk’s FQ3 earnings announcement yesterday surprised a lot of people, coming in well ahead of analyst estimates and near the top of its own earlier guidance. There had been concerns over Europe, the channel and how buyers would react to the suites offerings,...

AVEVA revenue up 9% in H1 2012

Nov 15, 2011 | Hot Topics

AVEVA today announced results for the six months ended September 30 that were both true to the the upbeat tone of last month’s interim statement’s and cautiously optimistic about the future. The results mirror what we’ve come to expect in the engineering software...

Rand FQ1 slightly under expectations

Nov 14, 2011 | Hot Topics

Rand Worldwide today reported results for its first fiscal quarter ended September 30, 2011, with revenue of $22 million coming in slightly below expectations, but up from $17 million last year (though not an apples-to-apples comparison due to the closing of the...

Quick update: Siemens/Vistagy, CENIT, Cimatron

Nov 14, 2011 | Hot Topics

I was away from the office all of last week, attending Bentley’s Be Inspired event in Amsterdam (more on that soon) and sitting in on meetings in London, but the world of engineering software kept going. Here’s news you might have missed: Siemens PLM to...

ANSYS reports solid Q3

Nov 3, 2011 | Hot Topics

Earnings keep rolling on in, with the September quarter looking good but some companies nervous about the fourth quarter economic outlook. Not ANSYS, though. It’s time for another quick update: Ansys today reported that Q3 revenue was $172.9 million versus the...

Quick Update: AspenTech, Trimble

Nov 2, 2011 | Hot Topics

Day 4 of no power and spotty connectedness to the Interwebs, but earnings season rolls on so it’s time for another quick update: AspenTech exceeds targets for FQ1 AspenTech yesterday reported results for its first fiscal quarter that were up nicely by most metrics and...