The first day of the online Siemens Digital Industries Software Media and Analyst Conference 2020 ended with a lengthy Q&A session. All the questions I posted got answered, so that was cool. (That doesn't always happen.) Here are my notes on the questions that were asked:
- - -
Q: Siemens had a sketching app on Android a few years ago, which I notice hasn't been updated in over a year. Is NX Sketch based on this technology?
A: Good catch on that. We learned from CatchBook how people sketch, but NX Sketch is brand-new and is built into NX. It avoids over-constraints on sketches.
Q: Is NX Share available standalone or only in NX?
A: Right now, it is part of NX. It will be available standalone later this year.
Q: Regarding the $100 million AAR [average recurring revenue] of Mendix: why did revenues skyrocket?
A: The Covid crisis is making companies wanting to build apps quickly, to work remotely. Even before, Mendix provided local capabilities such as to Teamcenter. It grew 155% over last year.
Q: What is the pricing for Teamcenter X?
A: We have very competitive and attractive pricing with what's out there on the market.
Q: Is Teamcenter Share a rebadge of Solid Edge Portal?
A: Absolutely not. It is built on the Mendix platform. It adds CAD knowledge to a Dropbox-like platform.
Q: Will Teamcenter be replaced by Teamcenter X over time? Is this part of a roadmap to replace all desktop programs with cloud apps?
A: We are not one of those vendors who go to their customers who say, 'as of May 25 we will be completely SaaS'. This is not our approach. We are modernizing products by bringing them to the cloud. Customers can make the transition, if they want to, when they are ready.
We will never have to have that hard discussion with customers about them having to make a difficult transition of technologies.
Q: What market does Teamcenter X target?
A: Immediately, the mid-market. But there is interest from large customers as well.
Q: How is Mendix affecting development at Siemens?
A: We learn a lot from each other. We don't forget that Mendix began with business applications, such as HR and finance. So we can solve the complete solution across the board for customers [including non-CAD ones].
Q: How is your partnership with Bentley on CALM [Capital Asset Lifecycle Management] going?
A: It is growing business for data management of plant design, offshore platforms, and so on. We will be doing more together, as you will hear in the coming 12-18 months. We are bringing Teamcenter product configuration to these large projects. [See https://blogs.sw.siemens.com/teamcenter/introducing-teamcenter-for-capital-asset-lifecycle-management-calm/ for an introduction to CALM.]
Q: When will authoring [CAD] software like NX be on the cloud?
A: The cloud is a major trend and we are looking at how to bring more of it to our customers. We are working on the authoring side, but the real strength of the cloud is on the collaboration side. So, for instance, we are bringing more collaboration to the authoring software.
Q: What were the revenues of your division for the year?
A: Siemens does not report divisional revenues [such as for Siemens Digital Industries Software], but maybe that will change in the future, like in two years. We are outgrowing our competition every quarter.
Q: How is simulation, CD-Adapco doing?
A: Overall it is doing well. Simulation is core to the digital twin of vehicles and plants. Our simulation revenues are equal to the revenues of the market leader. That gets lost in our large portfolio of software. [ANSYS had $1.5 billion in revenues for fiscal year 2019.]
Q: How many attendees today?
A: Close to 300, our largest ever for a media and analysts day, made possible because of being online.