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