The digital twin can now be used for predictive maintenance. PTC and Ansys are working together to deliver connection technology to pair up Ansys simulation expertise with applications built on the PTC ThingWorx Industrial Internet of Things (IIoT) platform. The goal is to give manufacturers a way to integrate intelligence simulation into Internet-connected products. The … [Read more...] about PTC and ANSYS deliver Industrial Internet of Things simulation connections
ANSYS
Ansys acquires systems safety analysis company
KPIT Medini is a respected specialist safety analysis whose products are integrated into solutions from many vendors. Engineering simulation software vendor Ansys has acquired Berlin-based KPIT Medini Technologies AG, a provider of systems safety analysis solutions. Terms of the deal were not released. Medini was a part of the larger KPIT, which is not being acquired. … [Read more...] about Ansys acquires systems safety analysis company
Ansys Q1 new reality: slower, more steady growth
Net income is up 16% on 4% growth. A $10 million sale was booked in the quarter. For years Ansys (ANSS: Nasdaq) has been the high-growth stock in the engineering software industry. But as the industry matures, even a high-flyer like Ansys eventually had to come down to Earth; first quarter results confirm the trend is long-term. Revenue in the first quarter of 2016 was … [Read more...] about Ansys Q1 new reality: slower, more steady growth
Ansys posts rare decline for full year revenue
Net income is down, net revenue is flat in underwhelming fourth quarter. Ansys will have to wait until next year to join the billion dollar revenue club. Ansys (ANSS: Nasdaq) reports a rare decline in net income for the all of 2015 (ended December 31, 2015). The company cites a mix of currency issues (rising US Dollar), longer sales cycles, and the shift from licenses to … [Read more...] about Ansys posts rare decline for full year revenue
Ansys reports anemic third quarter
A rising US dollar slows global sales. The outlook for 2016 is more of the same. By historical standards, Ansys (NASDAQ:ANSS) has reported a mediocre third quarter. For the period ending September 30, 2015 total revenue was $237.8 million, up 2% from a year ago. Measured in constant currencies (removing the effect of fluctuating exchange rates) the revenue growth was a more … [Read more...] about Ansys reports anemic third quarter
Euro decline leads Ansys to an unusual flat quarter
The CAE vendor is usually a poster child for double-digit growth. Ansys (ANSS: Nasdaq) today reported second quarter results atypical of the Ansys we’ve become familiar with. Revenue for the quarter (ending June 30, 2015) was $235.48 million, up 1.3% from a year ago. The blame goes to currency fluctuations, mostly the continued slide of the Euro and various Eastern European … [Read more...] about Euro decline leads Ansys to an unusual flat quarter
Global currency issues limit Ansys to 1% growth in first quarter
North America was up, Europe and Japan down. Next quarter could be just as lean. By Randall S. Newton Ansys (Nasdaq: ANSS) has reported first quarter 2015 results that, by its standards, seem unusually timid. Revenue was $217 million, up only 1% year-over-year. Ansys was hit as hard as any vendor we cover by foreign currency issues in the quarter; revenue would have been up … [Read more...] about Global currency issues limit Ansys to 1% growth in first quarter
Ansys closes 2014 with record quarter
Ansys has one of the largest ratios of net income to revenue in the engineering software industry. Ansys (NASDAQ: ANSS) ended 2014 by setting another record for both fourth quarter and full year revenue. Revenue in the fourth quarter (ending December 31, 2014) was $254.4 million, up 12% from a year ago. Full year revenue was $936.0 million, up 10% from 2013. Fourth quarter … [Read more...] about Ansys closes 2014 with record quarter
Ansys revenue up 10% in third quarter
North America sales helped overcome soft results in Europe. Ansys continues to buy back its stock. Ansys has reported a “normal” third quarter—normal for Ansys. For the period ending October 301, 2014 revenue was up 10% from a year earlier, to $234 million. Net income for the period was up 5% to $65.5 million. Breaking down revenue further: Software license revenue was … [Read more...] about Ansys revenue up 10% in third quarter
Ansys releases its first update to SpaceClaim
New features will appeal to both designers and those preparing models for analysis or 3D printing. Ansys today released the first update to SpaceClaim since it acquired the software earlier this year. Most new features continue the trend of editing and repairing existing models, although some new features are also suited for initial design work. Key new features in this … [Read more...] about Ansys releases its first update to SpaceClaim