Last week, PTC announced its fiscal year first quarter results for 2013. Though its license growth was weak this quarter compared with the same quarter last year, its after-sales services business led by Servigistics experienced strong growth. Read the rest of this entry »

Autodesk has been making significant investments to enhance its portfolio of visualization and computer-aided engineering (CAE) software, primarily by acquiring niche software vendors. In an effort to achieve more depth in its visualization portfolio, Autodesk has acquired PI-VR, a privately held German software vendor that focuses on 3D visualization technology. This acquisition is in line with Autodesk’s Digital Prototyping approach that combines design, visualization, and simulation of products in a cost-effective manner. Read the rest of this entry »

Recently, 3D Systems signed a definitive agreement to acquire Geomagic. Geomagic develops the software that is used for scanning physical objects into 3D data. It also produces 3D metrology and inspection software that compares and verifies the measurements of an actual physical product with its design. This acquisition fits well with the portfolio and offerings of 3D Systems, which is well known for its 3D content-to-print solutions. While the deal is expected to close in the first quarter of 2013, the terms of the transactions were not disclosed. Read the rest of this entry »

Simulation has become an integral part of the engineering software market. When we talk about return on investment (ROI) from simulation software implementation, cost and time savings are two easy and accurate measures. Relevance of simulation has increased and is expected to further penetrate into micro-vertical industry solutions due to the positive short- and long-term benefits realized by end users. Read the rest of this entry »

It gives me immense pleasure to join the analyst team at TEC.

As all of us know, the information technology (IT) landscape is changing rapidly, and the practices and trends that existed five years ago are considered antiquated today. Further, enterprise software users are being challenged to innovate with existing resources, while both software vendors and end users are facing an increasingly discerning customer base.

My main focus at TEC is in the area of innovation and governance systems. Read the rest of this entry »