Investors were underwhelmed at PTC’s fiscal first quarter 2019 earnings news, since the company said its bookings were at the lower end of its guidance, leading to weaker FQ2 revenue guidance. I’m a glass half-full type of person and prefer to look at the...
The inbox is overflowing with news — perhaps as everyone clears the decks before heading out for year-end holidays. Here, a few more items: Dassault Systèmes announced this morning that its BIOVIA brand has acquired of COSMOlogic, maker of a predictive...
Not sure what gen des is? Generative design is the use of assistive technologies to help refine a design. Need a chair to hold a certain sized person? Give a gen des tool a set of parameters, and let it design the chair for you — that’s called topology...
PTC’s Q4 and fiscal 2018 results, released last week, were solid yet investors were displeased because the forecasts for F19 presupposed a faster transition to subscriptions than many expected. Remember: subs mean lower initial revenue but a longer tail, so...
Bucking the trend, PTC announced fiscal third quarter results yesterday that showcased a product mix shifting the other way, as more customers opted for perpetual licenses, with the higher up-front revenue lifting PTC above its revenue guidance for the quarter. More...
PTC’s LiveWorx foreshadows digital transformations Technology. Business partnerships. Longtime customers, dragged forward. New customers to be wooed. PTC’s annual user conference, now called LiveWorx, is barely over and there is so much to digest and to...
I’m at PTC’s LiveWorx user conference this week. Yesterday, CEO Jim Heppelmann gave a bit more detail on the partnership with Rockwell Automation, announced last week. A quick recap: Rockwell is buying 8.4% of PTC’s shares for around $1 billion. PTC...
Yesterday, all I had time to do was tell you about Rockwell Automation’s $1 billion stock buy of newly issued shares of PTC, but not to muse on the implications. To be clear, PTC says it will use the proceeds to buy back shares so that the overall effect of this...
This is big: PTC and Rockwell Automation just announced that Rockwell is making a $1 billion equity investment in PTC, as part of a strategic partnership aimed at accelerating growth for both companies. You can see IoT written large all over this announcement,...
PTC announced results on Wednesday that were, in a single word, impressive. Growth across most revenue categories, product lines, channels — and with positive outlook for the rest of 2018, too, which means no deals were pulled from the future into the fiscal second...
