PTC’s third quarter beats expectations

There were no real surprises in PTC’s third-quarter announcement and no balls were knocked out of no parks but the company demonstrates the value of fast reflexes and strategic moves as well as the established position of its Core products in the market. PTC president and CEO James Heppelmann said, “our performance in the third quarter and year to date … Read more

Bentley and Seequent expand subsurface geomodelling portfolio

Last March, Bentley Systems acquired Seequent in a billion-dollar deal that certainly impressed us. At the time Bentley, Seequent, and its partners in the deal Accel-KKR said the deal would be accretive. And it clearly was Bentley’s new subsidiary, Seequent, which operates in Christchurch, New Zealand quickly acquired Danish geospatial imaging company Aarhus Geosoft and most recently has announced plans … Read more

Graphisoft chooses the Duke Ellington School of Arts as its showcases building for Archicad 25

Showcase design Graphisoft has chosen the Duke Ellington School of Arts redesign by cos graae+spack and Lance Bailey & Associates to showcase the power of Archicad 25. Graphisoft CEO Huw Roberts notes that the choice of this building is fitting for the new world we’re encountering after 2020. It is an addition and revamp of the school’s original building, a … Read more

Siemens acquires Nextflow Software to build-out CFD in Simcenter portfolio

Nextflow Software, headquartered in Nantes, France, was founded in 2015 as a spinout from HydrOcean when that organization was acquired by Bureau Veritas (BV) to form their Marine & Offshore Solutions Group. The technology was originally developed at the Ecole Centrale Nantes (ECN) and the Bureau Veritas group continues to support research at ECN. Siemens notes that ECN and the … Read more

Graphisoft joins the Omniverse community

In its first implementations, Omniverse is most useful for enabling designers to create renderings of their work. (Source: Nvidia’s Graphisoft Connector Site)    The future is in the ‘verse and Graphisoft has opened its own door into it. Nvidia and Graphisoft have announced the availability of a connector for Archicad 24 to Nvidia’s Omniverse. Omniverse is a 3D development tool now in … Read more

Tinkercad celebrates its 10th birthday

Tinkercad was born of a desire to extend 3D CAD and along the way 3D printing to the world. Original founders Kai Backman and Mikko Mononen were determined to break the logjam that has grown along with interest in 3D design. They could see that there was huge interest in 3D design to enable 3D printing, create rendered visualizations, and … Read more

Dassault Systèmes Reports 2021 First Quarter Results

Dassault Systèmes has reported its first quarter of 2021 and, said they’ve exceeded its guidance and are looking forward to the future. During the quarter, the company made gains on their goals for 2025, as laid out at their Capital Market Day last November 2020.  Dassault CEO Bernard Charlès described the company’s first-quarter as “a very solid start on 2021.” … Read more

Nemetschek sees a bright future ahead

Nemetschek closed out its fiscal year at the end of March, meeting its targets after raising them before the year’s end, and predicts at least high single-digit growth with EBITA margin between 27% and 29%. Nemetschek reported revenues of EUR 596.9 million for 2020, a 7% increase over the year before. It’s modest, but Nemetschek’s parts are often much stronger … Read more

Autodesk knitting together the Construction Cloud

Since its debut in 2019, the Autodesk Construction Cloud has been growing and a structure has been developing. The company has been adding on to its Construction portfolio with small affordable basic capabilities and complex management tools. This month, the company announces the availability of several new tools and services after last month’s rollout of BIM Collaborate and BIM Build … Read more