Bentley Systems announced its revenue for its first quarter of 2021 which ended on March 31. In his opening remarks during his call to investors, CEO Greg Bentley warned them not to make generalizations about Bentley’s seasonality with such a small amount of data, especially when some of that data has been affected by very unusual circumstances. As Bentley’s competitors … Read more
Trimble reported their first-quarter results this week and said they’re pleased with the results and looking forward to new growth. Compared to its peers in the market, Trimble has been a little late in the process of moving to subscriptions, and that really hasn’t been a bad idea since they’ve seen the consequent hit to their revenues coincide with the … Read more
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 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
Doesn’t this picture make you think about how badly this could go on a real site where there are loose nails, and other surprises lying around? Still, AR has found a place in AEC. (Source: Unity) Unity has been having very good success with developing business in AEC. The company started with a partnership with Autodesk for Unity Reflect, … Read more
In 2017, Autodesk announced plans to collaborate with Unity to create a link between Unity and Revit’s BIM models. The first result of that collaboration was Unity Reflect, which started shipping in November 2019. Unity Reflect creates a link between Revit and Unity enabling the creation of 3D visualizations of Revit projects in Unity Reflect. Users could define what information … Read more
It’s not news to anyone that cloud-based workflows are booming, but it’s good news for Autodesk that its customers are buying into SaaS models. In addition to riseing revenues, the company says it’s becoming more engaged with its customers as strategic partners. In his call to investors, CEO Andrew Anagnost says the company has signed some of its largest deals … Read more
If you can forget about the silence of the slot machines, Autodesk’s virtual AU perfectly captured the vibe of the real thing with all the good and all the not so good. All of the good includes a wealth of information including ideas and news about product updates as well as ideas from outside the box of Autodesk’s software applications … Read more
Nemetschek is ahead of the adapting to the new normal curve. The company has been in the process of a major restructuring for a couple of years, and some of the most obvious changes became evident in 2019. In his annual address to shareholders, Alex Kaufman, spokesman for the management board and the company’s CFOO, wrote in the company’s annual … Read more
Source: energepic.com 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 of fraying relationships within the Autodesk community. Basically, the complaints … Read more
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 Nemetschek’s RISA and SCIA for an integrated … Read more
A global architecture, design, and planning firm, Gensler says it believes in creating a better world through the power of design. Gensler has developed a proprietary set of digital design tools around information metrics and geometry form-finding, which they’re branding as their inFORM ecosystem. The company says that these tools work to boosts its design capabilities. Blox is the first software … Read more
