Core includes CAD and PLM (though not Onshape or Arena those are in the Growth bucket), and the comments CEO Jim Heppelmann made to analysts indicated that PLM growth outpaced CAD, and, he believes, outpaced the market as a whole. What might it all mean?įirst, where is this growth coming from? Core. Services revenue was $41 million, up 20% year/year.Growth software revenue was $68 million, up 68% year/year, while FSG software revenue was $56 million, up 19% And another way: Core software revenue in FQ3 was $271 million, up 18% year.Support & cloud services revenue was $231 million, up 16% year/year and up $7 million from Q2 A different way to slice these numbers: License revenue was $164 million, up 38% year/year but down $34 million from Q2.Perpetual license revenue was $7 million, up slightly year/year but basically continuing the planned decline as users switch to subscriptions.Recurring software revenue was $387 million, up 25% - about $20 million higher than expected but still down from FQ2 because of how the 606 accounting rule affects revenue recognition.Software revenue was $394 million, up 24%.Total revenue in FQ3 was $436 million, up 23% year/year (and up 19% in constant currencies, cc).A few of the things I thought most relevant and then some thoughts on what it all means: PTC offers data on overall product buckets, geos, etc. You can read/see/hear all of the details here. I will recommend to use a attribute like Description for Item Description - And share this with Description field on the drawings title block.PTC reported fiscal third quarter results last night that were … Okay. After first release only administrators should have the access to update the name, as users often do not know the consequences - they expect it will only be for the latest iteration. Users should only be able to change the name until first release. So if you use Name for Item Description it should, in my view, be a description that never should be changed during the object life. But you may need to republish for some administration purpose, and the pdf will be replaced You may say it is not a problem, because we have the published pdf. If the Name is shared with Title Block on the drawing - it will change the drawing without any warnings, when open in CAD. Later this tube will then be reused for another assembly, and name must be updated. It could also be a description that include what it is used for.
If you now try to open revision 1 you will have name = Tube 24mm, which is wrong as revision 1 is 22mm. In revision 2 it is changed to 24mm, and name will be Tube 24mm. Dimension may change during the life of the object. Often a description may include dimensions. This mean when changed it will update all versions. Keep in mind Name and Number are master attributes.
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