AVEVA weighing acquisitions and cashback

Oct 1, 2009 | Hot Topics

We’ve been watching AVEVA’s share price climb on the London Stock Exchange and wondered why. The company hasn’t reported financials, no massive new wins have been announced, economic news is looking up but isn’t great… But now we have a clue: According to...

AVEVA sees strength in plant, decline in shipbuilding

Jul 9, 2009 | Hot Topics

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

Jun 9, 2009 | Hot Topics

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

May 27, 2009 | Hot Topics

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...

AVEVA acquires instrumentation product IDO

Mar 31, 2009 | Hot Topics

AVEVA has announced the acquisition of iDesignOffice Pty Ltd, the Australian creator ofInstrumentation Design Office (IDO). IDO is a set of applications for creating and maintaininginstrumentation engineering data for process plants. IDO will be renamed...

Bentley moves user conference online

Mar 6, 2009 | Hot Topics

It’s official: citing cuts in its customers’ travel budgets, Bentley has moved its userconference online, reframing the content as a series of webinars. Given the cost toBentley to stage the annual extravaganza, this only makes sense, as its revenue is...

Quick news roundup: AVEVA has great H1, ESI buys VDOT

Dec 1, 2008 | Hot Topics

I’m off to Autodesk University shortly, so this will be brief; more coming after I’m back. AVEVA announced terrific results for their half-year ended September 30, 2008 — and their shares fell like a stone. The results: revenue increased 32% to £74.8...

Solid shipbuilding

Oct 2, 2008 | Hot Topics

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...