ESI’s new services strategy pays off; Q1 up 20% as reported
ESI yesterday reported that Q1 revenue was up 20% as reported, with a healthy boost from currency effects. Even so, constant currency growth was strong, with license and services revenue each up 10%. The company doesn’t offer much color on its results, but this...
ESI acquires Ciespace to bring CAE to the masses
Add together acquisitive leanings and the trend to all things cloud, and what do you get? ESI yesterday announced that it has acquired Ciespace, which appears to have figured out a way to get around performance , scalability and real-time collaboration issues to...
ESI goes big — data, that is
ESI Group is on a roll, announcing two acquisitions in less than a week. Today, the company said it is acquiring the assets of Picviz Labs, which creates data-mining and cyber-security technologies. Picviz Inspector enables users to examine large, complex datasets...
ESI gets deeper into automotive controls
ESI announced today that it is acquiring CIVITEC, maker of Pro-SiVIC, a platform for the modeling and simulation of sensors in what it calls “perception assistance systems”. You’ve seen the commercial for the car that parallel parks itself: how does...
ESI reports strong close to 2014, ends with growth
ESI last week reported results for Q4 and the fiscal year ended January 31, 2015 that were surprisingly strong, with Q4 total revenue up 8% as reported to €49 million, boosting full year revenue to €110 million, up 1.5%. That’s quite a reversal, given that...
ESI’s Q3 stalls, momentum expected in Q4
While the US was busy with turkey day, ESI announced Q3 results that show strength in Europe that did not offset weakness in other parts of the world. License revenue continues to hold steady, though without much growth momentum, while the “refocusing” of the services...
ESI’s Q2 down due to currency, realignment, deals pushed to Q4
The second report in a few days shows that it’s getting tougher out there. On Friday, AVEVA reported that currency was taking its toll and that its sales force realignment was taking time to prove positive benefit. Yesterday, ESI Group reported that FQ2 2014...
Morning coffee: patents, deals and Björk
Welcome to a shiny new week! I’ll be at PTC Live Global, the first user conference that will feature PTC’s combo of CAD + PLM + ALM + SLM+ IoT + well, whatever other initials come out of it. Last year, we all learned about “servitization”,...
