Driven by the cloud, Dassault Systèmes raises its forecasts

the French software champion Dassault Systèmes once again raised its forecasts for the year in terms of profitability, driven by excellent commercial and operational results in the third quarter. The group expects in particular a growth in its net profit per share of 25 to 27%, against 23 to 25% in its forecasts three months ago, already raised compared to those at the beginning of the year. In the third quarter, Dassault Systèmes recorded revenue growth of 12% to 1.158 billion euros, and net profit up 41% to 296.5 million euros.

Dassault Systèmes’ sales growth is “global, by geography, product line and by industry,” said Pascal Daloz, deputy general manager of operations and finance at Dassault Systèmes, during a conference call with reporters. Growth is back, including in sectors particularly affected by the coronavirus crisis such as the automotive industry, the aeronautics industry or industrial equipment, even if some of these sectors still remain under pressure overall, explained Pascal Daloz.

Cloud partnership with Renault

Growth is also strong in the field of the cloud, with Dassault Systèmes customers increasingly switching to this type of solution which enables IT capacities to be pooled and which today represent 21% of the group’s turnover. “A certain number of large customers are choosing to go to the cloud, which was not the case before,” explained Pascal Daloz. “All industries oriented by project, construction for example like cloud models for the flexibility” they bring, he continued.

Dassault Systèmes and Renault in particular will soon announce an agreement to switch the software tools provided by the former to the cloud. “It will not only be about making the digital twins of the cars, but also the digital twin of the company,” said Daloz. Dassault Systèmes will “accompany Renault” towards “value-added services, based on the use of data,” he said.

(with AFP)

Source: Challenges en temps réel : accueil by

*The article has been translated based on the content of Challenges en temps réel : accueil by If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!