AspenTech acquires IoT and AI companies

AspenTech acquires IoT and AI companies

Artificial intelligence, AI, means many different things, depending on the industry, use case and technological sophistication of the user. AspenTech, which makes chemical process design software as well as solutions that help process plants manage their assets more...
AVEVA says it saw high single/low double digit growth in the June quarter

AVEVA’s F19 revenue up 12% on reinvention & execution

It’s always hard to pick out one factoid from a company’s earnings release, but I think this one says much about how AVEVA is doing: 13 months after swallowing / being swallowed by the larger Schneider Electric Software (SES), the company reported total...
AVEVA says it saw high single/low double digit growth in the June quarter

AVEVA says full steam ahead

AVEVA issued one of its periodic trading updates — they don’t really say much but seem to be required to coincide with parent company Schneider Electric’s earnings releases. Schneider Electric is on a December year-end, quarterly pattern while AVEVA...
AVEVA says it saw high single/low double digit growth in the June quarter

Quickie: Lots of good PLM earnings news

It’s a big earnings day and I’m about to settle in for a long (wifi-free) flight, so a quick recap will have to hold us until I can dig into the earnings in more detail — but it sure looks like the PLMish universe is doing very well, indeed. Dassault...
AVEVA says it saw high single/low double digit growth in the June quarter

AVEVA’s H1 benefits from solid execution

Q: How do you put together two very different companies, in the hope that 1+1 > 2?A: Very carefully.AVEVA today reported that revenue for the first half of fiscal 2019 were £343 million, up 11% as reported and up 14% in constant currencies (cc). Excluding the boost...
AVEVA says it saw high single/low double digit growth in the June quarter

AVEVA continues to roll, we think

Schneider Electric released earnings this morning which now means that AVEVA also does, sort of. AVEVA says that it “made a solid start to the financial year” and that it “maintains a strong balance sheet and saw good cash generation in the [fiscal]...
HxGN LIVE merges old and new, urges epic leaps forward

HxGN LIVE merges old and new, urges epic leaps forward

HxGN LIVE, the Hexagon group’s annual userfest, brings together thousands of people from manufacturing to fire/rescue/police to construction to mapping professionals. Walking the halls, it’s hard not to run into someone who does something I know nothing...
AVEVA says it saw high single/low double digit growth in the June quarter

Quickie: Historic AVEVA surged in FY18

AVEVA had an awesome fiscal 2018 (ended March 31). You’ll recall that the AVEVA merged with Schneider Electric Software earlier this year to create a much bigger company with software that reaches from plant design to operations. That combined group reported...