Intel revenue for the quarter was up 16.4% from last quarter to $19.2 billion, GAAP profit was $6 billion, up 43% from last quarter—7 nm queued up. Intel beat Wall Street expectations on its third-quarter financial performance sending the company’s stock up 6.9% in morning trading Friday after the chipmaker reported late-Thursday afternoon. Intel reported its calendar … [Read more...] about Intel Q3 2019 results
Internet of Things
Altair buys its way into the Internet of Things
Carriots created a Platform-as-a-Service environment for enabling smart connected products. Altair wants to extend “design thinking” into the IoT conversation. Mechanical simulation software specialist Altair has acquired Carriots S.L., an Internet of Things (IoT) technology company from Madrid, Spain founded in 2011. Carriots has developed an IoT application enablement … [Read more...] about Altair buys its way into the Internet of Things
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 sign-ups increase (they hope). PTC is … [Read more...] about Another “if only” quarter for PTC
PTC is connecting the digital prototype and the physical product
Its LiveWorx conference on the Internet of Things has 1,000 more attendees than expected. The yottabytes are coming sooner than you think. Today’s factories turn digital prototypes into physical products, says PTC CEO Jim Heppelmann. But what becomes of the virtual model after the real one exists? The physical product never connects back to its digital origins. As envisioned … [Read more...] about PTC is connecting the digital prototype and the physical product
Flat first quarter revenue report hides the real growth at PTC
Slammed by currency fluctuations and the move to subscription income, PTC needs its big Internet of Things story to kick in. By Randall S. Newton After a pop-the-corks fourth quarter (See “PTC says the plan is working”), PTC today reported a lackluster first quarter for fiscal 2015 (ended January 3, 2015). Total revenue for the quarter was $325.4 million, essentially flat … [Read more...] about Flat first quarter revenue report hides the real growth at PTC
PTC wants its customers to come aboard with the Internet of Things
Five billion Internet-connected objects by 2019, and PTC plans to be in the middle of it all. Tom Lansford reports from Stuttgart, Germany. By Tom Lansford PTC is a major player in CAD and PLM. However, the company's strategic push continues to focus on fulfilling customer needs related to seven major forces impacting the manufacturing industry. The addition of Internet of … [Read more...] about PTC wants its customers to come aboard with the Internet of Things
PTC immerses its users in the Internet of Things
From introducing recent acquisition ThingWorx to buying a systems engineering specialist, PTC wants its users to think big about making the new world of smart, connected products. PTC continues to distinguish itself from its PLM peers at this week’s Planet PTC conference with a push beyond product engineering and design into services. There are new versions of PTC’s two … [Read more...] about PTC immerses its users in the Internet of Things
PTC turns in good second quarter
CAD and PLM are slow but steady; new markets are starting to kick in. PTC (NASDAQ: PTC) reported second quarter results that compare favorably with year-ago results. Revenue in the quarter (ending March 29, 2014) was $329 million, up 5% from a year earlier. The company’s newest acquisitions, Enigma, NetIDEAS, and ThingWorx, contributed $4 million in revenue. Breaking down … [Read more...] about PTC turns in good second quarter
PTC looks past flat Q1 results
China is slow, the Yen is falling. What Wall Street really wants to hear about is PTC’s play in the Internet of Things. By Randall S. Newton PTC today reported first quarter fiscal results essentially flat when compared to a year ago, but in line with previous forecasts. The routine conference call with Wall Street analysts to discuss the call turned into an extended … [Read more...] about PTC looks past flat Q1 results
PTC buys its way into the Internet of Things for $115 million
PTC says ThingWorx will complement existing Service Lifecycle Management and Product Lifecycle Management portfolios. PTC today said it has acquired ThingWorx, creators of a platform for building and running software applications for the Internet of Things (IoT). PTC claims the acquisition positions the company “as a major player in the emerging Internet of Things … [Read more...] about PTC buys its way into the Internet of Things for $115 million