TechWatch

After a rough second quarter, Trimble looks ahead to a happier 2021

Trimble came out of 2019 with record results and it made it through the first quarter reasonably well. Meanwhile, Rob Painter took over as CEO in January and articulated a Connect and Scale 2025 strategy that would take the company to subscriptions and cloud-based services where it made sense and on to a stable growth trajectory. Then came Q2 and ...

Kathleen Maher

Trimble came out of 2019 with record results and it made it through the first quarter reasonably well. Meanwhile, Rob Painter took over as CEO in January and articulated a Connect and Scale 2025 strategy that would take the company to subscriptions and cloud-based services where it made sense and on to a stable growth trajectory. Then came Q2 and the pandemic. As Trimble makes the transition to subscription licensing, it is experiencing the natural contraction of revenues that come along with the shift to subs. The company’s competitors in the professional software biz have been there before, and in
...

Enjoy full access with a TechWatch subscription!

TechWatch is the front line of JPR information gathering service, comprising current stories of interest to the graphics industry spanning the core areas of graphics hardware and software, workstations, gaming, and design.

A subscription to TechWatch includes 4 hours of consulting time to be used over the course of the subscription.

Already a subscriber? Login below

This content is restricted

Subscribe to TechWatch