AVEVA: Lower costs, resilience in oil & gas, cautious 2010

AVEVA Group gave further insight into its business performance in the last six months, reporting that revenue had declined 6.5% to £69.9 million as “challenging” market conditions affected its end-user markets. Though decline is markedly lower than that seen by other...

Good news from AVEVA

AVEVA Group today gave preliminary information on its results for the six months ended September 30 — and it’s surprisingly good. In a press release, AVEVA says that large new capital projects are hard to come by, but that customers’ existing projects and...

Making the most of customer advisory panels

MSC Software announced yesterday that it had formed a customer advisory board of eighteen leading companies across the automotive, aerospace, and marine industries to “to discuss, debate, and have open dialogue on industry trends, business & technology drivers,...

AVEVA sees strength in plant, decline in shipbuilding

AVEVA Group provided an update on market conditions from April 1 through June 30 ahead of its shareholder meeting today. The brief note said that the company saw an expected decline in new license sales in the marine sector even though shipyards’ order books for new...

Catching Up: Bentley, Intergraph, PTC, Siemens and COFES

I may be quite busy and on travel, but the engineering software world rolls on. A couple of interesting tidbits:- According to Greg Bentley, CEO of Bentley Systems, engineering software provides significant return on investment by improving standards of living through...

AVEVA shares surge on profit

AVEVA Group plc on Tuesday reported significantly higher profits for fiscal 2009 (ended March 31) as growth across most regions and product areas helped the company to a 29% increase in revenue over last year. Both revenue and profit were slightly better than...

Solid shipbuilding

Say you want to build a yacht and, since you’re a competitive person, you want to be able togloat at Larry Ellison the next time you run into him in Cannes. That means your yachtneeds to be bigger and better than his — or, according to Wikipedia, have at...