AspenTech CEO: “A year ahead of plan” in Q3

Aspen Technology’s transition from a perpetual sales model to one based on subscriptions continues. For the quarter ended March 31, AspenTech’s FQ3, total revenue was $61 million, up increased 17% from $52.6 million a year ago. Subscription and software...

AVEVA’s fiscal 2012: “strong finish”

AVEVA today offered a sneak preview of its performance during the September 2011 – March 2012 portion of their fiscal year. Full results will be announced on May 28. The wording of the announcement makes it a bit difficult to parse, with not-particularly-glowing...

AspenTech continues its reinvention

AspenTech continues its turnaround, with total revenue climbing 34% to nearly $67 million for the second fiscal quarter ended December 31. The transition from paid-up license/maintenance revenue recognition to subscriptions has been rocky with the company not yet near...

AVEVA confident of a successful F12

The earnings news so far has been almost giddy, both retrospectively as PTC and SAP strong December quarters and looking forward as both companies project strong growth for 2012. AVEVA tamped that down a bit today, releasing an Interim Management Statement (no...

More acquisitions: Hexagon’s turn

Hexagon today announce that it has acquired MicroSurvey Software Inc., a Canadian developer of software used in the surveying, construction, and for forensic reconstruction. I first became aware of MicroSurvey more than 10 years ago, when I worked on my first Daratech...

Autodesk & Pitney Bowes partner for AEC

Earlier this week, Autodesk and Pitney Bowes Software announced a strategic alliance to “help infrastructure owners and architecture, engineering and construction (AEC) organizations make more informed decisions and drive greater efficiencies across the plan, design,...

Bentley showcases ‘extreme infrastructure’

Earlier in November, I was fortunate enough to attend Bentley Systems’ Be Inspired event in Amsterdam, where Bentley showcases the customer finalists in what could be termed “extreme infrastructure” –plants, buildings, roads, construction, utilities–...

AVEVA showcases integrated design

This is WAY overdue — but don’t read into the tardiness that AVEVA World Summit Europe 2011 was anything other than a world-class event. AVEVA is hosting three such sessions around the world (in Copenhagen, Rio de Janeiro and Singapore) to bring the summits...

Quick Update: AspenTech, Trimble

Day 4 of no power and spotty connectedness to the Interwebs, but earnings season rolls on so it’s time for another quick update: AspenTech exceeds targets for FQ1 AspenTech yesterday reported results for its first fiscal quarter that were up nicely by most metrics and...

Hexagon: strong Q3, ‘cooling’ China

Hexagon reported a solid third quarter 2011, with total revenue of €521 million, up a whopping 55% as reported and up 13% excluding acquisitions and foreign exchange effect — meaning Intergraph and other recent acquisitions accounted for about €150 million in...