PTC: One size doesn’t fit all

Oct 29, 2010 | Hot Topics

Yesterday the PLM world finally got a look at what PTC has been teasing for months.  The good: PTC focused attention on CAD and articulated the problems many users have with traditional tools.  The bad: PTC had hyped this launch to such an extent that nothing short of...

PTC, DS, Altair and Hexagon oh my

Oct 28, 2010 | Hot Topics

Lots going on today — PTC makes its big announcement (and, I think, slipped up a bit on some timing), DS reports that Q3 was really good, Altair acquires SimLab and Hexagon closes on Intergraph.  Briefly, before I flit off to the PTC event: •PTC’s been so loudly...

PTC hits a billion

Oct 27, 2010 | Hot Topics

PTC released results on Tuesday that showed that it returned to the billion dollar level in fiscal 2010, returning to a growth trajectory that stalled in 2009.  For those keeping track, PTC last reported a billion dollars in revenue for two consecutive years in 1999....

News bits: 3D, clouds and more

Oct 19, 2010 | Hot Topics

Still trying to catch up from nearly a month of personal and business travel, so here are a few interesting things from my overflowing in-box: Autodesk commissioned a survey of online consumers that showed that the majority prefer to examine potential purchases in 3D...

Rand and Avatech merge in reverse

Aug 18, 2010 | Hot Topics

Surprise! Rand Worldwide and Avatech Solution announced on Tuesday that the companies have been combined in a reverse merger. A reverse merger is often known as a “reverse IPO” because the acquisition of a public company by a private one avoids the costly process of...

PTC reports solid Q3, worries about Q4

Jul 28, 2010 | Hot Topics

PTC announced fiscal third quarter results on July 28 that were strong in retrospect but not so hot on futures. FQ3 results were above the revised guidance issued last month: Total revenue was up 7% over last year revenue at $243 million, led by license revenue growth...

Better economy, PLM priority lead to PTC’s growth

Apr 28, 2010 | Hot Topics

Earnings season begins today for the engineering software space (although AVEVA did hint at its results two weeks ago), with PTC announcing March quarter revenue slightly below expectations at $240.6 million, but still up 7% from last year. The company also adjusted...
The real impact of the 2009 debacle

The real impact of the 2009 debacle

Mar 15, 2010 | Hot Topics

I’m updating market models for 2010 and beyond and got to wondering: How long will it take the PLM vendor group to return to 2007, pre-recession, revenue levels? (Comparisons with 2008 are easier but won’t work, since many of the vendors started feeling the slowdown...

PTC’s swagger is back

Feb 18, 2010 | Hot Topics

PTC held their annual media and analyst day on the day “Snowmaggedon” was supposed to hit the Boston area. It amounted to not much of anything but did keep a few participants and a speaker or two away, and sent several people scurrying by mid-afternoon. Those of us...

PTC blows by targets in FQ1, ups guidance for the year

Jan 27, 2010 | Hot Topics

As previewed last night, PTC announced startlingly strong results for the December quarter, 2009. To recap, total revenue was up 8%, led by a very strong rebound in license revenue. Not surprising, maintenance revenue was down, since it’s driven by license sales in...