Kathleen Maher

Autodesk closes out a successful fiscal 2021 widens its ambitions

Autodesk says it has made good progress toward digitizing AEC, advancing its design and manufacture workflow, and pushing into the Enterprise. One of Autodesk’s key fundraising strategies is to convert “non-compliant users” into paying customers and to upgrade all subscribers to user-identified subscriptions. Autodesk says this program has been a big success, and also, they’ve raised their full-year subscription revenues … Read more

PTC’s financial report for Q1 2021 is a cause for optimism

PTC was one of the busiest companies in the design and engineering segment through 2020, and that’s saying something after a year of shutdown and buildup. CEO Jim Heppelmann said, “Fiscal 2021 is off to a great start” and that’s a pretty good way to describe double-digit growth, strong cash flow, new customers, and new growth in partnerships with Microsoft, … Read more

After a great 2020, Adobe says stars aligned for 2021

Adobe’s first quarter ended March 5, 2021, and the company says it is seeing plenty of more growth throughout the year. In fact, after the company’s cheerful assessment of the quarter, it also raised its expectations for 2021. Adobe’s Digital Media segment saw revenue of $2.86 billion, 32% year over year growth. Creative revenue grew to $2.3 billion, for a … Read more

USD gets major support from Autodesk and partners

This week, Autodesk announces its latest updates for Maya, 3ds Max, and MotionBuilder. In addition, Autodesk says it’s supporting USD, the Open Source format originally developed by Pixar with strong industry support from customers and software developers. Support for USD is more complex than it might seem at first, and that’s because its purpose is to enable disparate companies to … Read more

CorelDraw gets significant new upgrade including perspective

Corel, a venerable player in vector graphics, has signaled a reset by rolling out the latest version of the software with an introduction by the CEO Christa Quarles who took over the reins at Corel. The company has spiffed up its corporate look quite a bit, which was evident in the presentations given by the company’s executives. Corel really should … Read more

Smart driving with Trimble’s new best friend—LeddarTech

Trimble and LeddarTech have announced an alliance around LeddarTech’s VayaVision and Trimble’s machine control technology. The companies say they’ll be able to develop an innovative hardware and software portfolio to improve autonomous machine performance and support safety-critical applications. The two companies will focus on multi-sensor systems including LiDAR, cameras, and GNSS, and bring their expertise to bear on improving data … Read more

Bentley Systems to acquire Seequent for $1.05 Billion

The company says the deal will advance environmental resilience by “deepening” Infrastructure Digital Twins. Bentley Systems has announced plans to acquire Seequent, a well-known provider of geospatial tools, geophysical modeling, and geotechnical stability mining based in Christchurch, New Zealand. The company’s clients are heavily represented in the mining industry, and in civil engineering. Bentley will pay $1.05 billion and plans … Read more