Quickies: PTC & FARO disappoint, AspenTech upbeat

Quickies: PTC & FARO disappoint, AspenTech upbeat

A huge day in engineering IT earnings, as PTC and FARO explain their miss to investors while AspenTech and Trimble issue earnings reports. A very quick headline on each and then I dash to the airport — more to come. PTC reported last night that revenue for its...
Quickies: PTC & FARO disappoint, AspenTech upbeat

Quickies: Earnings good to tepid so far

We’re still recovering from hurricane Sandy here in New England. Schools are open as are most roads, but a lot of people are still without power and assessing damage. It could have been a lot worse, so we’re grateful. It’s interesting that the New...
AVEVA unveils E3D to intrigued customers

AVEVA unveils E3D to intrigued customers

For months, AVEVA has been blanketing the virtual airwaves with messaging around its new plant design product, dubbed “the future of plant design” or FoPD for short. Many users were at AVEVA World Summit last week in Paris to take back answers to: Would...
Quickies: PTC & FARO disappoint, AspenTech upbeat

AVEVA’s H1 showed “good progress”

AVEVA today gave a quick update on results for its most recent six-month period: the company made “good progress” in the period ended September 30, 2012. As has been the case recently, the oil and gas vertical drove sales in the company’s Engineering...
Quickies: PTC & FARO disappoint, AspenTech upbeat

Siemens on PLM, Mars, shipbuilding and so much more

Get this: we’re using Teamcenter to visualize a car, trying to assess the impact of a design change. First, we zoom in on the components that are in a specific area a foot forward of the steering wheel. Then we shift from a location-based view to a system view,...
Quickies: AVEVA and Hexagon

Quickies: AVEVA and Hexagon

It’s not even 8AM here on the East Coast of the US, and we’ve already had a boatload of news to get the week off to a running start. First up, AVEVA announced that it is partnering with Infosys to speed delivery of its AVEVA NET engineering information...
Quickies: PTC & FARO disappoint, AspenTech upbeat

AspenTech revenue up 23% in F12

AspenTech, maker of aspenONE for chemical process and plant optimization, yesterday announced that fourth quarter revenue was $64 million, up 22% from a year ago, leading to total revenue for fiscal 2012 of $243 million, up 23% over last year. Mark Fusco, CEO, said...

AVEVA unveils new vision of plant design

Big news in plant design: AVEVA today announced that it is working on a new product that will “deliver a new level of performance for plant design”. Details are sketchy, but here’s what the company said in a press release: “The need to orchestrate engineering skills...

AVEVA’s F12 ahead on all counts

It’s hard to come up with a single headline. Total revenue: £195.9 million, up 13% and ahead of analysts’ forecasts of £192 million. Profit before tax of £62.3 million versus median estimate of £61.5 million. Cash balance of £178.9 million against...