Quick update on PTC + Rockwell
I’m at PTC’s LiveWorx user conference this week. Yesterday, CEO Jim Heppelmann gave a bit more detail on the partnership with Rockwell Automation, announced last week. A quick recap: Rockwell is buying 8.4% of PTC’s shares for around $1 billion. PTC...
A few implications of PTC+Rockwell
Yesterday, all I had time to do was tell you about Rockwell Automation’s $1 billion stock buy of newly issued shares of PTC, but not to muse on the implications. To be clear, PTC says it will use the proceeds to buy back shares so that the overall effect of this...
Quickie: Rockwell invests $1 billion in PTC for IoT & smart factory
This is big: PTC and Rockwell Automation just announced that Rockwell is making a $1 billion equity investment in PTC, as part of a strategic partnership aimed at accelerating growth for both companies. You can see IoT written large all over this announcement,...
Siemens FQ2 results highlight sharp growth in PLM
Siemens released its fiscal Q2 results this morning — and PLM software continues to be a bright spot, with frequent mentions of integration into other areas of the business and the opportunities ahead. Siemens said revenue from the PLM software business...
Altair acquires, extends its Carriots IoT the the edge
The pace of news this week … Altair Engineering just announced that it has acquired the intellectual property of CANDI Controls, Inc. and hired CANDI’s software and technology team. I hadn’t heard of CANDI Controls before, so did a little digging. CANDI,...
PTC’s FQ2 featured ‘strong’ CAD, PLM performance
PTC announced results on Wednesday that were, in a single word, impressive. Growth across most revenue categories, product lines, channels — and with positive outlook for the rest of 2018, too, which means no deals were pulled from the future into the fiscal second...
Siemens shines at Chicago’s DMDII
Siemens held another one of its innovation days a few weeks ago, this time at the UI LABS DMDII facility in Chicago. I’ve attended several of these at Siemens HQ in Munich; this was the first I’ve been to at a neutral site and the focus was completely different. In...
10 things: PLMish earnings show confidence and growth
I’ve been recapping earnings for you for years but with the ready availability of the source materials it seems silly to just reproduce it all and make you hunt for my commentary. To make this more productive for you and for me, we’re trying something new: I’m...
