Autodesk posted gains in revenue and profitability for the company’s fiscal 2010 fourth quarter and analysts approved of the results as several offered congratulations to Carl Bass, CEO, during the investor’s call today.
For the quarter, Autodesk’s revenue was up 9% sequentially but was down 7% from fiscal 2009 Q4. Bass said that although the outlook looks "unclear" that Autodesk is well positioned for the future. "We are at that stage of recovery where we see stabilization of the recovery," said Bass. Speaking about the demand for Autodesk’s new versions of software Bass believes there is pent-up demand. In discussing the issue about whether users will tend to simply use what they have already purchased, Bass thinks the sentiment is changing. "I think there is ‘anti-shelfware’ out there… and that people are now finding themselves out of date," said Bass. "Customers have readjusted to the current economy; they’ve recalibrated their business and looking to invest in their future; and want to be more efficient than before."
Autodesk’s revenue was $456 million for Q4. Cash from operations was $126 million, an increase of 169% sequentially. Sequentially, revenue from the EMEA region was up 18%; Asia Pacific was up 6%; the America’s posted a 3% increase as well.
by Joe Francica on 02/23 at 05:15 PM |
Out of the world of flight simulation, a small start-up company called Geoweb3D is introducing high-fidelity, advanced 3D rendering using a technology called "differed shading" and integrating the technology with ESRI’s ArcGIS. The technology allows the user to create viewsheds and line of site visualization much more rapidly says Bob Holicky, president of Geoweb3D. Holicky hopes to bring "gaming grade visualization" to GIS. Currently the company is working with SAIC with the objective of offering the technology to government and corporate clients who want to go beyond simple building information models. Holicky says that what is lacking right now is good content to help his technology soar because "the rendering quality is proportional to the content." Currently his product sells for $5000 for a single unit but his goal is not to stay at a high end price. The company was bootstrapped by its founders and does not have venture funding at this time. (click for larger image at right)
by Joe Francica on 02/23 at 02:28 PM |
“Providers of such services such as Telmap, Navigon, Waze and Automotive Navigation Data (ANDP.AS) have become potential acquisition targets.”
- Telmap Interview at Mobile Entertainment
by Adena Schutzberg on 02/23 at 09:14 AM |
Sara Lee’s new campaign for its EarthGrains highlights the use of precision agriculture. The bread includes 20% Eco-Grain wheat. What is Eco-Grain?
Eco-Grain wheat “is grown using ‘precision agriculture,’ an innovative farming practice shown to reduce the use of fertilizer and fuel, which is better for the environment. This is our first step toward improving the environmental benefits of our products and we know that more can be done.”
Sara Lee said Eco-Grain wheat is produced by using a combination of satellite imagery and soil samples to identify the best use of fertilizer so the farmer can apply it with greater precision.
Cargill helped Sara Lee develop Eco-Grain.
The new bread is making headlines in part because watchdog groups feel the campaign is unethical and misleading.
- Crain’s Chicago Business
- Precision Pays blog
by Adena Schutzberg on 02/23 at 09:02 AM |
Letitia Long, deputy director of the Defense Intelligence Agency, will serve as the next director of the National Geospatial-Intelligence Agency. She will replace Navy Vice Adm. Robert Murrett later this year.
Long has more than 30 years of engineering and intelligence experience including service as deputy undersecretary of defense for intelligence, deputy director of naval intelligence, and as coordinator of intelligence community activities for the director of central intelligence.
by Adena Schutzberg on 02/23 at 08:48 AM |