There are six engineering ISVs (CAD, CAE, PLM, MES) with billion dollar plus annual revenue. There quarterly results are out and five of them have shown good growth.

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Engineering software ISVs are having a good quarter.

Q2 2020 Sales, YoY growth

Dassault Systèmes: € 1.07 B, 11%

Siemens Digital Software: € 1.06 B, 11%

Autodesk (Q2 FY 21): $913 M, 15%

Hexagon AB: € 897 M, -8%

ANSYS: $386 M, 5 %

PTC: $352 M, 19%

Key Geographies

So far growth observed in US, Germany, Latin America, China, and Japan.

Key Acquisitions in Q2

Altair: WRAP Software

Autodesk: Aurigo Software

Bentley Systems: Notevault

Key Deals/ Contracts in Q2

Dassault : Vertical Corporation

Aras: EIZO

Bottomline: The growth of engineering ISVs in this business environment is a good sign and follows similar trend of growth in other enterprise ISVs. Though some of this growth is inorganic too but still a good sign. Engineering service demand follow engineering software growth. So good news for engineering services providers too!

Now AVEVA after OSISoft acquisition will also cross $1 Billion in sales.


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