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Archive for May, 2010

ANSYS 1Q10 Net Income Up 53%; Revenue Up 17%

ANSYS 1Q10 Net Income Up 53%; Revenue Up 17%

May. 14 | Growth in the first quarter of 2010 was spread across all regions and all product lines. Maintenance revenue is back at pre-recession levels. ANSYS (NASDAQ: ANSS), reported better-than-expected results for the first quarter of 2010 (ended March 31, 2010)....

Steve Wolfe: Shrinking COE Conference Sharpens Its Focus On CATIA Users

Steve Wolfe: Shrinking COE Conference Sharpens Its Focus On CATIA Users

May. 14 | The Icelandic volcano and a shift of marketing resources to another conference made for a smaller CATIA Operators Exchange (COE) conference, but quality was superb says Contributing Analyst L. Stephen Wolfe. P.E. By L. Stephen Wolfe, P.E. Contributing...

AspenTech Subscription Revenue Continues To Rise in Third Fiscal Quarter

AspenTech Subscription Revenue Continues To Rise in Third Fiscal Quarter

May. 14 | Fiscal 2010 continues to be not such a good time to compare year-over-year results, due to the company’s change in accounting methods. Sequentially, the company shows improvement in their third quarter. Aspen Technology, Inc. (NASDAQ: AZPN) reported...

CIMdata Documents 12% PLM Decline In 2009

CIMdata Documents 12% PLM Decline In 2009

May. 14 | The market sector CIMdata calls “Mainstream PLM” had revenue of $14.03 billion in 2009, down from $15.96 in 2008. The size of the decline took the research and analysis firm by surprise. PLM research firm CIMdata says the “Mainstream PLM” market...

3D Systems Revenue Up 32% In First Quarter 2010

3D Systems Revenue Up 32% In First Quarter 2010

May. 14 | The inventor of Stereolithography seems to be pulling out of the recession right along with its customers. 3D Systems new iPro 9000 SLA 3D Systems Corporation (NASDAQ: TDSC) announced today that it earned 9 cents per share during the first quarter on...

The Cambashi View: NX Sets New Standard in Turbomachinery Milling Market

The Cambashi View: NX Sets New Standard in Turbomachinery Milling Market

May. 14 | Charles Clarke says Siemens PLM Software has broken new ground with its Turbomachinery Milling module in NX 7. By Charles Clarke, Ph.D. Cambashi CAD/CAM technology has progressed to a point where functions that were once considered advanced, like 5-axis...

Best of the Web: Deelip.com on Autodesk Labs Project Centaur

Best of the Web: Deelip.com on Autodesk Labs Project Centaur

May. 14 | Deelip.com: Autodesk Takes Simulation To The Cloud With Project Centaur [Editor's Note: Best Of The Web is a new category at VEKTORRUM, in which we recommend blog posts, commentaries, articles, etc. from other sources, of value to our readership....

Report: Oil Well Documentation Problems May Be Contributing to Cleanup Woes

Report: Oil Well Documentation Problems May Be Contributing to Cleanup Woes

May. 13 | Bad documentation and faulty as-built record keeping may be behind the continuing problems with British Petroleum’s inability to stop the oil flow at its Gulf of Mexico disaster site. The McClatchy news service is reporting that bad documentation...

BIM and 3D Animation Credited with Keeping $1 Billion Hospital Project On-Time and On-Budget

BIM and 3D Animation Credited with Keeping $1 Billion Hospital Project On-Time and On-Budget

May. 13 | Construction partners on a large Chicago hospital project say BIM has never before been used to such a deep extent on a major hospital project. Project managers for The Ann & Robert H. Lurie Children’s Hospital of Chicago, now under construction,...

SpaceClaim Sitting in the Catbird Seat

SpaceClaim Sitting in the Catbird Seat

May. 10 | The unCAD upstart got a ringing endorsement from its venture capital partners this week. Sales are through the roof as SpaceClaim Professional wins the hearts of simulation experts. We predict a bidding war in 2011. SpaceClaim Corporation recently announced...