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Schneider Electric agreed to pay $22.6 billion in cash for PTC Inc., the design software company whose revenue fell 6.80% in the most recent quarter while rival Autodesk grew 16.10%. PTC traded at around $194 on October 7, down 4.32% over twelve months, while Autodesk traded near $235, down 25.73% across the year. Autodesk's earnings rose 57.20% against a 16.00% fall at PTC, and Autodesk generated $2.80 billion in free cash flow against $935.48 million at PTC. PTC's net margin of 41.43% sits above its 28.23% operating margin, a gap the article attributes to profit arriving from below the operating line rather than from selling licences. On forward estimates Autodesk trades at 16.55 times earnings against 21.71 times for PTC, with a PEG ratio of 0.78 against 1.81, though PTC carries an agreed cash offer and Autodesk has nothing of the kind.
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Smart City / Autonomous Infrastructure › Geospatial, BIM & Urban Digital Twin Competition
PTC · Capital · Positive Schneider Electric agreed to acquire PTC for $22.6 billion in cash, an agreed takeover offer for the company.
SU.PA · Capital · Neutral Schneider Electric agreed to pay $22.6 billion in cash for PTC, a major acquisition whose impact on the acquirer is unclear.
ADSK · Competition · Neutral Autodesk is cited as the faster-growing rival with 16.10% revenue growth, 57.20% earnings growth and $2.80B FCF, but no company-specific development of its own is reported.
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Autodesk Names Diana Colella to Lead AEC Business
Autodesk has named Diana Colella executive vice president of its architecture, engineering and construction business, succeeding Amy Bunszel, who previously announced her retirement and will remain with the company through November 2, 2026, to support the transition. Colella will lead Autodesk's largest industry business as the company enters its next phase of AEC growth, driven by Autodesk Forma, its industry cloud that connects data, context and workflows to deliver AI and project intelligence across the AEC lifecycle. In the role she will advance the Forma strategy while continuing to evolve desktop products such as Revit and Civil 3D and connecting them more closely to Forma workflows. Colella brings nearly three decades of Autodesk leadership experience spanning finance, strategy, sales, operations, product management and industry leadership, including leading the AutoCAD business and helping launch One AutoCAD, and most recently leading the AI transformation of the Media & Entertainment business, where she advanced the Flow platform strategy and expanded Autodesk's role across the production lifecycle through acquisitions including Moxion, PIX and Wonder Dynamics. She will continue to oversee the Media & Entertainment business and will open a search for a new leader reporting directly to her.
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Smart City / Autonomous Infrastructure › Geospatial, BIM & Urban Digital Twin ▲Technology
Cloud & Digital Infrastructure › Horizontal SaaS Technology
Artificial Intelligence › AI Applications & Copilots ▲Technology
ADSK · · Neutral Autodesk names Diana Colella EVP of its AEC business, a leadership change with no clear financial or product impact stated.
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Jacobs to Deploy Data Center Digital Twin for NVIDIA R&D Facility
Jacobs has been selected by NVIDIA to deploy its Data Center Digital Twin for a large-scale R&D facility in the United States under a three-year software-as-a-service agreement. The digital twin environment, built on NVIDIA Omniverse libraries, will enhance operational planning and improve facility performance across one of NVIDIA's most advanced artificial intelligence research and development facilities. The platform integrates engineering models, operational technology and live facility data into a single operational platform, supporting predictive and simulation-driven use cases including dynamic power load balancing, energy forecasting, liquid coolant leak detection monitoring, predictive maintenance and operator training. Jacobs Executive Vice President Amer Battikhi said operators need smarter and more connected ways to optimize performance and manage energy demand while improving resiliency as digital infrastructure rapidly scales. The award builds on Jacobs' work with NVIDIA advancing digital twin technology for AI infrastructure, and Jacobs is also delivering high-performance computing environments for organizations including Hut 8 in the U.S., SINES DC Campus by Start Campus in Portugal and PsiQuantum in Australia.
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Spatial Computing / AR/VR › Industrial Metaverse & Digital Twin ▲Technology
Artificial Intelligence › AI Data Center & Build-out ▲Technology
Artificial Intelligence › Build-out, Construction & Engineering ▲Technology
Smart City / Autonomous Infrastructure › Geospatial, BIM & Urban Digital Twin ▲Technology
J · Demand · Positive NVIDIA selected Jacobs to deploy its Data Center Digital Twin under a three-year SaaS agreement, a concrete new customer win.
NVDA · Technology · Positive NVIDIA's R&D facility will use the Omniverse-based digital twin to enhance operational planning and facility performance for its AI research.
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TomTom Brings Location Intelligence to Microsoft Fabric via IQ Sharing
TomTom has expanded its collaboration with Microsoft, bringing its location intelligence to AI agents built on Microsoft Fabric and Microsoft Foundry through Microsoft's new IQ Sharing preview. With their data connected to OneLake, Azure and Fabric customers can build agentic products that understand real-world context, TomTom said in an announcement dated Sept. 30, 2026. TomTom's location intelligence is built on Overture and open standards, supporting interoperability with compatible open datasets so customers can combine operational data with geographic context. Leo Sei, SVP for Product, UX and Marketing at TomTom, said AI agents will only be useful to enterprises if they can understand the real-world context behind business decisions, while Dipti Borkar, Vice President for Microsoft IQ and OneLake at Microsoft, said the integration lets that context be shared with joint customers. TomTom's location intelligence is now available on Microsoft Marketplace and is Azure MACC eligible, and TomTom will showcase a preview of the IQ Sharing capabilities at FabCon Europe 2026 in Barcelona.
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Smart City / Autonomous Infrastructure › Geospatial, BIM & Urban Digital Twin ▲Technology
Artificial Intelligence › AI Applications & Copilots ▲Technology
Artificial Intelligence › Agentic AI & Autonomous Workflows ▲Technology
Cloud & Digital Infrastructure › Hyperscale Cloud (IaaS / PaaS) ▲Technology
TOM2.AS · Demand · Positive TomTom's location intelligence becomes available to Azure/Fabric customers via Microsoft IQ Sharing and on Microsoft Marketplace, broadening its customer reach.
MSFT · Technology · Positive Microsoft's new IQ Sharing preview integrates TomTom location intelligence into Fabric/Foundry AI agents, expanding its platform capabilities.
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Arcadis Deepens Autodesk AI Collaboration, Cuts Quality Reviews to Half a Day
Arcadis is expanding its strategic collaboration with Autodesk to accelerate AI-driven design and engineering by combining automated digital workflows with human technical expertise. The partnership links Arcadis's engineering and sustainability expertise with Autodesk's Design and Make platform and Autodesk AI suite, and specifically connects Arcadis's Model Context Protocol with Autodesk Assistant, an AI tool that evaluates geometry, engineering intent, and project history. By embedding proprietary data and standards directly into the software, the initiative aims to speed decision-making and cut project risk while keeping human engineers in control. Under the "See Through Walls" initiative, the companies use AI, sensor data, and predictive analytics to inspect hidden building conditions, supporting decarbonization and material reuse, and the partnership also plugs Arcadis's broader network of tech startups into Autodesk's platform to build scalable tools across global markets. Across Arcadis's existing operations in North America and Europe, digital automation has already reduced standard quality review timelines from five days to approximately half a day on select projects, releasing technical capacity and accelerating client delivery schedules.
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Smart City / Autonomous Infrastructure › Geospatial, BIM & Urban Digital Twin ▲Technology
Artificial Intelligence › AI Applications & Copilots Technology
ARCAD.AS · Technology · Positive Arcadis deepens its Autodesk AI collaboration, embedding proprietary data and standards into automated workflows that cut quality review timelines from five days to half a day.
ADSK · Technology · Positive Autodesk's Design and Make platform and Autodesk AI suite are integrated with Arcadis's Model Context Protocol and Autodesk Assistant, expanding adoption of its AI design tools.
Transport Ministry teams up with Huawei to study technology and AI to upgrade Thai transport and logistics
The Ministry of Transport has joined hands with Huawei Technologies (Thailand) Co., Ltd. to study the feasibility of applying technology and artificial intelligence to upgrade Thailand's travel and logistics systems. Deputy Prime Minister and Minister of Transport Phiphat Ratchakitprakarn gave David Li, Chief Executive Officer of Huawei Technologies (Thailand) Co., Ltd., along with a delegation of executives, the opportunity to meet to exchange knowledge and discuss ways to apply technology in line with the country's transport infrastructure, in order to improve safety, reduce the steps and time involved in travel and transport, and raise the level of service to the public. The ministry has assigned the Office of Transport and Traffic Policy and Planning, together with the Department of Rail Transport, to work with Huawei and relevant agencies to set up a team to study the feasibility and define pilot projects, focusing on two main tasks: linking freight transport from the rail system to ports, or Rail-Port, and managing passengers and cargo in airport systems, or Passenger & Cargo, which will use AI and data analytics to help manage passenger flow and the handling of cargo in cargo areas. This approach builds on trials of technology in certain missions, such as using data analytics and AI systems to manage passenger flow at airports and studying ways to improve safety at railway crossings. At the same time, there is also the idea of developing an Integrated Transport Command Center to link data across road, rail, water and air transport, as well as exchanging communications technology data for future railway systems, or FRMCS, and approaches to applying 5G technology to transport systems. The ministry will consider these based primarily on standards, safety, suitability with existing systems, and the value of the investment. The Ministry of Transport and Huawei are currently preparing a framework for cooperation in information and communications technology covering five main areas: developing ICT personnel, upgrading digital infrastructure, applying digital technology in the transport sector, improving the efficiency of administration and data integration, and promoting innovation and research. The details of projects under the cooperation framework will need to be studied jointly in each area.
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Smart City / Autonomous Infrastructure › Intelligent Traffic & Tolling Systems ▲Technology
Smart City / Autonomous Infrastructure › Geospatial, BIM & Urban Digital Twin Technology
Huawei Technologies (Thailand) Co., Ltd. · Demand · Positive Thai Ministry of Transport partners with Huawei Thailand to study and pilot AI/data-analytics projects for rail-port freight and airport passenger/cargo management.