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
Adobe’s first quarter ended March 5, 2021, and the company says it is seeing plenty of more growth throughout the year. In fact, after the company’s cheerful assessment of the quarter, it also raised its expectations for 2021. Adobe’s Digital Media segment saw revenue of $2.86 billion, 32% year over year growth. Creative revenue grew to $2.3 billion, for a … Read more
The company performance was just about right on the nose as far as the company’s expectations and those of their investors; but, it’s easy to get the impression that as 2020 was unfolding over Bentley execs were a touch nervous. Greg Bentley says that 2020 was not a normal year. The transcript of Greg Bentley’s comments are here, and, if … Read more
Unity had a pretty good Covid year. The company went private in September 2020. The share price surged 30% over its IPO price giving it a value of $20 billion. The company raised more than $1.3 billion in the IPO. Unity has just gone public, so the data chart is just going to have to look like this for a … Read more
The Museum of Art and Digital Entertainment—the MADE was founded in 2011 by Alex Handy and is the first dedicated, playable videogame museum in the US. The museum got started when Handy realized old game consoles and games were being thrown out. He feared that era of gaming would be lost and set out to gather up as much of … Read more
Back when the PC was just a toddler, memory prices dropped after spiking. “About 1985, the personal computer market was tremendously overextended,” Texas Instruments spokesman Stan Victor told the Chicago Tribune. “There were a lot of manufacturers, all fighting for the same 10-percent share of the market. Then, demand for computers started slowing, and the computer manufacturers found themselves with … Read more
The PC industry has been on a rollercoaster ride for the past decade or longer: up, down, up, down, up. In 2010, when Paul Otellini was Intel’s CEO, he forecasted robust growth for the PC (and Intel) over the next ten years, and spoke about the next billion units. At the time, the installed base of PCs was a billion … Read more
The company says the deal will advance environmental resilience by “deepening” Infrastructure Digital Twins. Bentley Systems has announced plans to acquire Seequent, a well-known provider of geospatial tools, geophysical modeling, and geotechnical stability mining based in Christchurch, New Zealand. The company’s clients are heavily represented in the mining industry, and in civil engineering. Bentley will pay $1.05 billion and plans … Read more
Autodesk has announced the acquisition of Innovyze, a water infrastructure software company, for $1 billion in cash. Surpassing Autodesk's PlanGrid acquisition for $875 million in 2018, this is the biggest acquisition in Autodesk’s history. The company will enable Autodesk to strengthen its position in the water and wastewater infrastructure industry. Innovyze is headquartered in Portland, Oregon. The company provides smart water … Read more
All projects have four birthdays. They are: inception, funding, completion, and announcement, and maybe a fifth—first sale. The Electronic Numerical Integrator and Computer (ENIAC) was conceived and built-in Philadelphia, Pennsylvania, and completed in 1945. The project’s inception can be traced to August 1942, when Dr. John W. Mauchly produced a seven-page memorandum—The Use of High-Speed Vacuum Tube Devices for Calculation. … Read more
Nvidia reported record revenue for the fourth quarter ended 31 Jan 2021, of $5 billion, up 61% from $3.1 billion a year earlier, and up 6% from $4.7 billion in the previous quarter. The company’s Graphics business revenue was $3 billion, up 10% from last quarter and up 47% from last year. “Q4 was another record quarter, capping a breakout … Read more
(Source: Qualcomm) Sometimes, if you want something done right, you just have to do it yourself. Tired of waiting around for the industry to offer more consumer-friendly AR glasses (and stop that silliness of VR goggles with cameras and calling it MR)? Qualcomm took the matter into their own hands and developed an (almost) acceptable-looking pair of glasses. At … Read more
