Connecting Onshape and Arena means more collaboration and less catch-up. (Source: PTC) PTC recently announced the Onshape–Arena Connection, connecting their two products using the cloud. This new feature will streamline the process of making new products, and everybody who needs it will have immediate access to new information. This change will reduce costs of human error and scheduling impacts at … Read more
Xcelerator heads to the clouds. (Source: Cedar Fair Entertainment Company) Big news on the big industry front: Xcelerator from Siemens Industry Solutions is going to the cloud. Why? Because it makes a really great acronym: XaaS. And, more to the point, the cloud has always been Xcelerator’s logical destiny. Siemens says: “Xcelerator is an integrated portfolio of engineering software, … Read more
Dassault’s financial has been able to raise its revenues in a tough time, but only because it bought Medidata, specifically a life sciences company involved in drug testing right before the onset of a global pandemic. Total revenue was up 13%, thanks to that acquisition. Dassault’s total software revenue was up 17%. The services segment for Dassault has been hard … Read more
PTC announced plans to acquire SaaS PLM company, Arena Solutions of Foster City, for $715 million in cash. The deal is expected to close in PTC’s fiscal Q2 2021. In the announcement, PTC CEO Jim Heppelmann said Arena would become part of PTC’s effort to become “the industrial SaaS leader,” building on the work that PTC is putting into its … Read more
PTC and Rockwell Automation signed a strategic alliance in 2018 to jointly sell their products for PLM, SaaS, factory automation, IoT, virtual machinery simulation, and testing software. At that time, the deal was sealed with a $1 billion equity investment in PTC shares and a seat on the board for Rockwell CEO Blake Moret. As a result of the deal, … Read more
Dassault’s diversity continues to serve the company well. Like all companies, Dassault is seeing some of its segments suffer as the Coronavirus shuts down businesses and production. The company’s traditional business in PLM is hitting rough road, but the company has moved well beyond its traditional business with significant investments in simulation, data management, supply chain management, and most significantly, … Read more
Last year, Siemens's design and manufacture sub-company that was known as Siemens PLM signaled a major turning point in its ongoing transformation within the larger Siemens megacompany. It changed its name to Siemens Digital Industries Software, which at least freed the company from the albatross of the unpopular term PLM and also integrated the group tighter into Siemens as a … Read more
PTC has been very optimistic about its transition to subscription and its concurrent development of new business. Unfortunately for the third quarter of 2019, the company’s executive team had to do a lot of fairly excruciating explaining when the company’s sales failed to meet the company’s projections. PTC doesn’t hold back on data. In fact, they have the opposite … Read more
Dassault Systemes may have started as a CAD/PLM company, but it is morphing into something else entirely. The company has announced plans to buy Medidata, a health care company that provides a cloud-based platform to for clinical trials. In order to manage the deal, Dassault will put together a cash package of approximately $5.8 billion in order to pay $92.25 … Read more
PTC’s new headquarters on the Boston waterfront is in the heart of Boston’s building boom and designed to be a magnet for talent in PTC’s fast-growing IoT and AR business. (Source: JPR) PTC is building on gains made and lessons learned. CEO Jim Heppelmann was a keynote speaker at the AWE AR conference in May and followed up a … Read more
Dassault is reeling its SolidWorks community in a little closer. At SolidWorks World, the company unveiled new products for SolidWorks based on the 3DExperience Platform, Dassault’s environment for its enterprise products. This is an ongoing goal for Dassault, which hopes to build a stronger company by integrating all of its many moving parts. At the end of 2018, Dassault acquired … Read more
PLM Connection is a worldwide conference series for customers of Siemens PLM Software run by the PLM World user group. I was at the Americas version in 108F-degree Phoenix, where 2,000 attended; weeks earlier, the event was in Russia (1,000 attendees) and China (5,000). Next year, the conference is changing hands as Siemens takes over, and the user group organization … Read more
