PTC blew past forecasts in FQ1, raises guidance for year

PTC blew past forecasts in FQ1, raises guidance for year

PTC blew past forecasts in FQ1, raises guidance for year PTC reported results for its fiscal first quarter of 2021, ended December 31, 2020, last night — and they were pretty darned good. Before we get too excited, though, it’s important to note that...
Will PTC+Arena = SaaS dominance in PLM? Maybe

Will PTC+Arena = SaaS dominance in PLM? Maybe

Will PTC+Arena = SaaS dominance in PLM? Maybe A lot of you have been in touch to talk about PTC’s announced acquisition of Arena Solutions. Why do this deal? What’s in it for PTC, Arena, and for their customers? What happens to Arena’s PLM where it...
Super quick: PTC to acquire Arena for SaaS PLM

Super quick: PTC to acquire Arena for SaaS PLM

Super quick: PTC to acquire Arena for SaaS PLM Continuing that momentum into all things cloud and SaaS, PTC says it’s signed a definitive agreement to acquire Arena Solutions for $715 million in cash, “enabling the company to deliver a complete CAD + PLM...
PTC blew past forecasts in FQ1, raises guidance for year

PTC’s Q4 ends fiscal year on a strong note

PTC’s Q4 ends fiscal year on a strong note PTC announced fiscal Q4 and 2020 results a week ago and I haven’t had time for a full write-up — and now the earnings are starting to pile up. So here’s a quick recap of what we learned during the PTC...
Super quick: PTC to acquire Arena for SaaS PLM

PTC acquires ioxp for cognitive AR

PTC acquires ioxt for cognitive AR I saw this on Ralf Steck’s blog just now and verified it on PTC Germany’s website: PTC has acquired German start-up ioxp to for its cognitive AR and AI technologies. Ralf says that ioxp is a spin-off of the German...
Super quick: PTC to acquire Arena for SaaS PLM

Quickie: PTC acquires Onshape

Day: October 23, 2019 PTC and Onshape just announced that they’re teaming up to, as Onshape founder Jon Hirschtick puts it “broaden the scope of what we deliver to [customers[, and broaden our reach in the market to bring Onshape to more users even...
PTC blew past forecasts in FQ1, raises guidance for year

ANSYS hit Q2 out of the park

One giant deal, several large deals and new accounting rules helped ANSYS report a Q2 that knocked most metrics out of the park**. Details are below, but the main takeaway, for me, of ANSYS’ Q2 is this: being a one-stop shop matters. Having the ability to...
Super quick: PTC to acquire Arena for SaaS PLM

One more: PTC acquires AR agency TWNKLS

When so many conferences happen at the same time, news blizzards also happen. PTC announced today that it has acquired PTC TWNKLS, a European company that creates tailor-made augmented reality (AR) applications and offers related services. PTC says the acquisition...