Quantcast

BIZ

Dassault creates the $3 billion PLM club with strong Q4 and full year results

Dassault creates the $3 billion PLM club with strong Q4 and full year results

Even when taking currency fluctuations out of the equation, it was a good year. Dassault Systemès (OTCMKTS: DASTY) has reported strong growth in revenue for the fourth quarter of 2015, and for the full year. Recurring software revenue now accounts for 70% of Dassault revenue. Revenue in 4Q15 (ending December 31, 2015) was €796.5 million […]

By February 5, 2016 Read More →
Autodesk doing so well it announces layoffs

Autodesk doing so well it announces layoffs

925 to be shown the door in a quarter when revenue will exceed expectations; the restructuring continues. In a statement required by federal regulations, Autodesk has announced the impending layoff of approximately 925 employees, 10% of its workforce. In the same statement Autodesk said it expects to exceed expectations for fourth-quarter revenue and subscriptions. Autodesk […]

By February 5, 2016 Read More →
Another “if only” quarter for PTC

Another “if only” quarter for PTC

In the first quarter of fiscal 2016 PTC is posting a net loss due to restructuring costs. The silver lining is the rise in subscriptions. By Randall S. Newton When a software company is in transition from selling perpetual licenses to selling subscriptions, there is a period when revenue lags; license sales decline and subscription […]

By January 21, 2016 Read More →
Faraday Future wants to reinvent automobile manufacturing

Faraday Future wants to reinvent automobile manufacturing

A new electric car company is using Dassault Systemes software to design a variable platform automotive architecture. We might be drivers, we might be cargo. By Kathleen Maher Electric cars have been a major subject of CES for several years now, and that makes perfect sense since the idea of cars is being transformed by […]

By January 21, 2016 Read More →
LG shows concept demo of roll-up screen

LG shows concept demo of roll-up screen

Curved, thin, flexible: Pick any two. Korean manufacturing behemoth LG created a stir at CES yesterday when they presented a concept demonstration of a digital display device that can be rolled up like a newspaper. The resolution on the 18-inch prototype is 1200 x 810. LG says the goal is 4K quality on a 55-inch […]

By January 7, 2016 Read More →
PTC to acquire Kepware for industrial automation data

PTC to acquire Kepware for industrial automation data

Building another node in an expanding Internet of Things platform. PTC has announced a definitive agreement to acquire Kepware, a software development company that provides communications connectivity for industrial automation. PTC will pay approximately $100 million, plus up to an additional $18 million based on achievement of certain strategic initiatives and financial results. PTC says […]

By January 5, 2016 Read More →
GM scenarios expert to keynote COFES 2016

GM scenarios expert to keynote COFES 2016

Thinking about long-term impact drove a successful career beyond automotive. Scenario planning expert Tom Crumm will give a keynote presentation at COFES 2016, the annual Congress On the Future of Engineering Software. His keynote “Thinking about Long-Term Impacts of Big Decisions,” lines up with the theme for COFES 2016, “The Move to Co-Evolution.” Crumm’s book, […]

By December 31, 2015 Read More →
Nemetschek acquires BIM specialist Solibri for $38 million

Nemetschek acquires BIM specialist Solibri for $38 million

The Helsinki company spurned other suitors, preferring the “brands first” approach at Nemetschek. AEC software specialist Nemetschek has beat out other suitors to become the new owner of Solibri, a vendor of software for quality assurance and control in building information modeling (BIM). The Solibri Model Checker validates that BIM models are compliant in terms […]

By December 22, 2015 Read More →
Aveva-Schneider Electric reverse merger is dead

Aveva-Schneider Electric reverse merger is dead

It’s a Grinchy Christmas for the British plant engineering developer. The stock dropped 36% on the news. The reverse merger announced by Aveva and Schneider Electric in July (see Aveva and Schneider Electric agree to a reverse merger) is dead. The two companies said it was a mutual decision based on “extensive due diligence.” The […]

By December 17, 2015 Read More →
11 myths of computer graphics

11 myths of computer graphics

Jon Peddie interviews himself for Electronic Design; taking on the limits of game physics, integrated graphics, and why 4K is not good enough.  By Jon Peddie Over the years the magic of computer graphics (CG) has sparked the imagination and curiosity of millions—the specialist as well as the consumer. The movies, games, advertisements, science, medicine, and […]

By December 8, 2015 Read More →