What pandemic? What letter? The company going strong but sees some clouds on the horizon. Autodesk’s second-quarter revenues for fiscal 2021 were absolutely on course for the company underlining several points: the resilience of the subscription model, the ongoing progress of Autodesk’s revamped licensing plan, and the relative powerlessness of customers. Autodesk is in the … [Read more...] about Autodesk says we told you so; Q2 revenues are strong
CAD
Open letter from Revit customers opens old wounds between Autodesk and its customers
Open letter to Anagnost is more than a cry for help; it's a demand for improvement. The open letter to Autodesk landed on the desks of editors, analysts, and interested observers with a thud—if a digital letter could land on a digital desk at all. The letter, signed by major architectural firms, complained about the state of Autodesk’s Revit development and was evidence … [Read more...] about Open letter from Revit customers opens old wounds between Autodesk and its customers
Graphisoft releases ArchiCAD 24 and a big new attitude
Big changes afoot at Nemetschek We’re all virtual now. Graphisoft convened a meeting of our virtual selves for their annual worldwide meeting. This year the theme was Building Together as CEO Huw Roberts and his team unveiled a new version of Archicad. More important for parent company Nemetschek, the virtual conference also showcased new levels of interoperability with … [Read more...] about Graphisoft releases ArchiCAD 24 and a big new attitude
CorelDraw Technical Suite 2020 fills out product line
Corel adds professional tools for technical documentation with broad support. Technical Suite is the last of CorelDraw’s rolling introduction, which includes CorelDraw Essentials 2020 for creative consumers, occasional users, CorelDraw Standard 2020 for office, CorelDraw Graphics Suite for professionals, and now CorelDraw Technical Suite for technical documentation. … [Read more...] about CorelDraw Technical Suite 2020 fills out product line
Autodesk’s first quarter fiscal 2021 financial highlights
For the first quarter of what is already a very difficult year, Autodesk maintains an even keel. The company's AEC business thrives; manufacturing slows. Autodesk has come through its first quarter with good results and the company expressed satisfaction and just moderate caution about the rest of the year. The company raised revenue 20% to $886 million and reported a net … [Read more...] about Autodesk’s first quarter fiscal 2021 financial highlights
Construction transformed in 2020
The work must go on; but life will never be the same. There probably is no good time for a pandemic, but this particular Coronavirus shutdown hits the construction industry at a particularly bad time. Spring means construction, but for most of the U.S. construction was shut down in March and April, and just now ramping up in May. However, when it comes to infrastructure … [Read more...] about Construction transformed in 2020
Graebert extends free access to Ares Kudo, cloud-based CAD
And shares insights into shifting trends among their customers. Graebert was one of the first companies to offer free access to their cloud-based tools with a program offering free access to Ares Kudo until the end of May. The company has decided to continue the program through June allowing anyone who wants to test out, play around with, use Ares Kudo CAD, can do so until … [Read more...] about Graebert extends free access to Ares Kudo, cloud-based CAD
PTC sails through its fiscal Q2 ’20 with increased revenues and ARR
Sticks close to previous forecasts for the year. PTC reported revenues for the quarter ending March 28, 2020, and were optimistic, if guarded. The company’s revenues for PTC second fiscal quarter of 2020 were up 24% at $360 million compared to $356 million. Income was $7 million. PTC plans to be spending money developing its IoT/AR. In spite of a slowdown in new license … [Read more...] about PTC sails through its fiscal Q2 ’20 with increased revenues and ARR
Dassault’s Q1 results could be a harbinger of the future
Last year, Dassault Systèmes pushed just about all their chips in on health care. This year, that decision looks like a very good bet. Dassault has reported its results for the first quarter of 2020 and the results are decidedly mixed, as a result of the worldwide pandemic. If it had not been for the acquisition of Medidata in 2019, the first quarter of 2019 would be flat, at … [Read more...] about Dassault’s Q1 results could be a harbinger of the future
Altair Inspire enables simulation-driven design approach with SimSolid integration
Altair has announced the latest release of its generative design and simulation software, Altair Inspire. This release enables a simulation-driven design approach through the integration of Altair SimSolid. SimSolid was acquired by Altair in 2018 to help designers, engineers, and analysts simplify the structure simulation process for complex assemblies. Altair Inspire … [Read more...] about Altair Inspire enables simulation-driven design approach with SimSolid integration