Quickie: Historic AVEVA surged in FY18

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...
Quickie: AVEVA+Schneider=DONE

Quickie: AVEVA+Schneider=DONE

Finally, finally: AVEVA announced today that at 8AM UK time on March 1, 2018 it more than doubled in size with the addition of Schneider Electric’s software people and products. Ex-PTCer Craig Hayman, as expected, took over as CEO last week and had this to say...
Quickie: AVEVA+Schneider=DONE

Quickie: AspenTech acquires Apex Optimisation

I am at SolidWorks World in LA this week, so this has to be brief: This morning, Aspen Technology announced that it has acquired Apex Optimisation, maker of GDOT, a software solution that connects plant operations optimization with Advanced Process Control (APC). APC...
Quickie: AVEVA+Schneider=DONE

Hexagon PPM starts 2018 by acquiring IBS plant commissioning

I believe this is the first PLMish acquisition of 2018: Hexagon PPM announced that has acquired Industrial Business Solutions, Inc. (IBS), makers of ContinuumEdge. ContinuumEdge is a web-based commissioning and completions tool for asset operators and contractors, to...
Quickie: Historic AVEVA surged in FY18

Quickie: AVEVA announces “much improved” H1 2018

Super-quick, as I’m at Autodesk University: AVEVA reported today that revenue for the six months ended September 30 was £94 million, up 11% as reported and up 6% in constant currencies — a “much-improved performance”  in the first half of its...
Quickie: Historic AVEVA surged in FY18

Quickie: Hexagon’s Q2 shows continued weakness in PPM

Hexagon just announced Q2 results that showed modest growth overall and a decent contribution from the recently acquired MSC Software. PPM continues to struggle, but CEO Ola Rollen said in the earnings material that he expects the business to return to growth towards...
Quickie: Historic AVEVA surged in FY18

AVEVA + Schneider a no-go

In a very brief statement even by UK standards AVEVA just said, “Following the termination of the preliminary discussions between AVEVA Group Plc (“AVEVA”) and Schneider Electric SE, AVEVA has applied to the UKLA for the suspension of its shares to...
Quickie: Historic AVEVA surged in FY18

AspenTech acquires Fidelis for asset optimization

You may remember that Aspen Technology was rebuffed earlier this year when it tried to acquire KBC and its refinery optimization expertise. Well, that didn’t slow them down much: Today, AspenTech announced that it has acquired FidelisGroup, maker of Titan 2,...