After 19 years at Autodesk, Scott Reese, executive vice president in charge of product development and manufacturing solutions, left the company last month to assume the position of CEO at GE Digital. At Autodesk, Reese focused on next-generation products and high-growth business initiatives across various industries, managing the development of cloud products geared to the manufacturing and AEC industries. To … Read more
Z by HP has rebranded their Z product line as Z by HP and recently released Unlocked, an interactive 35-minute film that weaves data science challenges into an action-packed story to unlock an ancient mystery. Blending Hollywood-caliber production value, interactive storytelling, and data challenges, data scientists around the world are invited to participate in the project at www.hp.com/unlocked for a … Read more
The general thinking in the US is that as Omicron loosens its grip, the pandemic will also recede to become something a recurring seasonal illness like the flu and colds—annoying but not deadly. Eventually, that probably is what happens but in the meantime, companies are rethinking their marketing strategies. 2019 was more important than we realized. NAB, IBC, CES, and … Read more
Nvidia reported a terrific revenue gain of $7.64 billion for the fourth quarter ending January 30, 2022, which was up 53 percent from a year ago and up 8 percent from the previous quarter. Gaming, Data Center, and Professional Visualization market platforms each achieved record revenue for the quarter and year. For fiscal 2022, revenue was $26.91 billion, up 61 … Read more
In October 2020 at the height of the Covid pandemic, AMD surprised the computer industry by announcing it would acquire FPGA inventor and maker Xilinx for $35 billion in stock. Xilinx was founded one year after Altera. In 2015, Intel acquired Altera for $16.8 billion, and its revenue at the time was $1.9 billion; Xilinx’s revenue was $2.4 billion. At … Read more
As this is being written, Dassault is spelling out its plans for the future during 3DExperience World 2022. The company says it is poised for a new period of growth as it aligns its major product lines including Industrial Innovation (such as Catia and Enovia), Mainstream Innovation (Solidworks and Centric), and Life Sciences (Medidata and Biovia). Dassault has had its … Read more
PTC reported its first-quarter financial results for its fiscal 2022 and told investors all is going according to plan. At the end of 2021, PTC told investors it was putting its foot down on the accelerator to speed up its transition to the cloud. To do so, PTC CEO Jim Heppelmann told listeners on its Q4’21 investor call that the … Read more
AMD reported record quarterly revenue of $4.8 billion up 49% year-over-year and record full-year revenue of $16.4 billion up 68%. Gross margin expanded and operating income more than doubled from the prior year. “2021 was an outstanding year for AMD with record annual revenue and profitability,” said AMD President and CEO Dr. Lisa Su. “Each of our businesses performed extremely … Read more
Bizz, zap, boing, poof, pop, BANG! “I think we found the back door Chad.” “Cool, let’s go.” All complex (non-biological) systems have them. A secret way to get inside and fix things. But once inside, things can be fixed for good or evil depending upon one’s morals and self-respect. The trick then is to find viabilities, and patch them before … Read more
Intel takes Covid very seriously. (Source: Intel) Intel reported its fiscal year and fourth-quarter results for 2021. The company beat Wall Street expectations on revenue, and gross margin, even though it was down from Q3’21. Hitting $20.5 marked the highest quarterly and full-year revenue ever for the company. Intel advanced its IDM 2.0 strategy and announced a new U.S. … Read more
Red on red gets red approval One of the reasons AMD wanted to acquire Xilinx is because Xilinx’s company color is red and AMD calculated in their offer prices how money could be saved by not having to do a rebranding of Xilinx’s collateral. (AMD previously said that it expects to achieve about $300 million in annualized cost savings within … Read more
CES 2022 started the year out with a bang, staging an in-person event in that charming little burg in Nevada, However, several dozens of the biggest and smartest companies chose not to go share the air with the unknown, unwashed, and unvaccinated throngs populating the casinos. AMD, Intel, and Nvidia all held virtual announcements, saving gazillions of dollars and untold … Read more
