Dassault: Our Plan to Fight the Recession

With new license revenue down 2% year-over-year and "a fairly large sequential drop in [SolidWorks] units from second to third quarter", Dassault Systemes explained during its quarterly conference call last week how they would fight the recession — code words for how to keep up profits.  Spend their cash hoard? No, for "we... [Read more]

Free progeCAD Upgrade Until 2009 Includes USB, Network and AutoCAD LT Upgrades

Sydney, Australia - Efforts are underway at progeSOFT to release the most reliable low cost alternative to AutoCAD ever. progeCAD 8.0.22-24 will be released free to all current progeCAD 2008 customers very soon. The 22-24 release will offer noticeable performance enhancements over the current version. The 2009 full release should be available by the... [Read more]

ADSK: Yup, There’s a Recession

Autodesk is releasing preliminary Q3 results early, and it doesn't look good, with CFO Carl Bass saying: "The sharp downturn of the global economy is substantially impacting our business. Demand for our products fell dramatically in October in all geographies as the financial crisis worsened." He's listing these problems affecting... [Read more]

IntelliCAD 7 Release Announced by ITC at Athens Conference

October 29, 2008 Athens, Greece - Today the IntelliCAD Technology Consortium (ITC) announced the release of IntelliCAD 7 to its members in Athens, Greece. The IntelliCAD 7 code base has been rewritten from the ground up to include objectARX-DRX compatibility, faster graphics and better maintenance. Apparently the goal is to start having end-user releases... [Read more]

Busting Four Myths of 2D and 3D CAD Software Marketing

“Should my business be using 3D CAD software?”Maybe the better question is “how exactly would using 3D CAD get my job done better?” Let’s explore four myths about using CAD today. Myth: everyone uses CAD already42% of builders surveyed in 2006 still don’t use any CAD program at all according to one survey. Should... [Read more]

What Recession? PTC Profits Up 20%

PTC reports Q4 profits of $36.6 million, up 20% over a year ago. Revenue was up, too: $300.2 million, up 12% from last year, and beat expectations. (Analysts had expected $294.8 million.) Source Go to Source  Read More →

IntelliCAD World Meeting - Day 1.1

ODA president Mr Van Der Weide is continuing his keynote, with these announcements:  Legacy Application Recovery The ODA is now supporting apps that Autodesk no longer supports. The new service provides DRX support for legacy ARX custom object applications. You can now view and use legacy drawings. The ODA already does this for ArchT (architectural... [Read more]

IntelliCAD World Meeting 2008 - Day 1

The ITC is holding its annual conference in Athens, Greece this year.  Right now the keynote address is being presented Arnold van der Weide, the former president of the ITC, now president of the ODA (open design alliance). He's giving the history of how he came to switch organizations. For a while, he was president of both, but found himself... [Read more]

Synchronous Technology Faces the Herd Mentality

I know someone who won’t vote for McCain because he has short arms. Of course, you’ll make your choice for the right reasons. Or will you? At a recent CAD user meeting, the speaker asked the assembled thousands if anyone had analyzed the presidential candidates, like with a spreadsheet? Had any one bothered? Surely, something as important... [Read more]

Why The World Is in Financial Trouble

Peter Kafka of Silicon Alley Insider hosts Finally, a VC Firm With The B**ls To Tell It Like It Is, a slide presentation created by venture capital firm WhinerJerkins. Some of the tips include: Turns out poor people can't pay the mortgage on their $500 million homes by selling their furniture and TVs on Craiglist for more than about 26 months.... [Read more]

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