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
The AEC industry achieved a combined annual growth rate (CAGR) of 9%. MCAD grew at a rate of 8%.
Who are the Content Creators, and How will They Create?
Shapr3D as added new features for documentation, lofting, text, and Windows support. (Source: Shapr3D) Shapr3D, an ambitious company based in Budapest, Hungary, and founded in 2015 by István Csanády. The company and its 3D modeling tool have ground rapidly, relentlessly adding on features to enable their product to compete head-to-head with the established leaders who have been rapidly iterating … Read more
It starts with a sketch. Ashlar-Vellum, one of the pioneers in industrial design software tools, has introduced Lithium, their new sketch app, which comes at an opportune time for Mac designers. (Source: stock image) Austin-based Ashlar-Vellum is the inheritor of a long tradition of industrial design tools and the company has continued to provide tools for drafting, CAD, and … Read more
The AEC industry has become more resilient, flexible, and dynamic over the past five years than seemed possible in the decade before. The pandemic has had a lot to do with it, but even before, the digitalization of processes has transformed processes. The changes have been especially profound in construction. Every major company selling software tools for the AEC industry … Read more
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
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
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
Industry increased to 2% CAGR growth for next few years
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
AMD’s latest workstation lineup includes the W6800, and a W6600 for desktop and mobile. (Source: AMD) AMD has been rolling out its RDNA 2 across all its product lines first shipping in the fall of 2020. That in itself is noteworthy because AMD has a good story to tell with its broad-based product line. All the products are taking … Read more
