Sector: Technology|Industry: Software - Application|Market Cap: $62.91B|Employees: 14.1K
Autodesk, Inc. is a global leader in 3D design, engineering, and entertainment software solutions. The company's core business model revolves around providing professional software products for visualizing, simulating, and analyzing real-world performance early in the design process, with primary revenue streams coming from subscriptions. Autodesk's products are sold globally through a combination of indirect and direct channels.
Autodesk, Inc. is a global leader in 3D design, engineering, and entertainment technology solutions. The company's software products enable customers to design, fabricate, manufacture, and build by visualizing, simulating, and analyzing real-world performance early in the design process. Autodesk's core business model revolves around subscription-based access to its software, which is sold globally through a combination of direct and indirect channels. The company’s market position is supported by its broad portfolio of professional software products and services. Autodesk's competitive advantage lies in its ability to connect workflows and data across the ecosystem of its customers' projects. Key markets include architecture, engineering, construction, product design, manufacturing, media, and entertainment. The company has a global geographic presence.
Elizabeth (Betsy) Rafael was appointed as Interim Chief Financial Officer effective May 31, 2024. Deborah L. Clifford was appointed as Chief Strategy Officer effective May 31, 2024.
Autodesk offers a range of products and services across various industries:
Autodesk's operations are not explicitly divided into reportable segments. However, the company categorizes its revenue by product family:
Autodesk's current strategic priorities include building a platform for Design and Make, accelerating adoption of Fusion, Forma, and Flow, and transforming customer experience. The company is focused on delivering data-driven and connected products and services. Key strategic initiatives include investments in AI, machine learning, and generative design. Autodesk is also modernizing its go-to-market motion by transitioning to annual billings for multi-year contracts and introducing new transaction models. The company is focused on building more durable and direct relationships with customers and updating its data infrastructure.
Autodesk operates in the highly competitive software industry, facing competition from large, global companies, smaller firms, and in-house solutions. Key competitors include Adobe Systems Incorporated, Bentley Systems, Inc., Dassault Systèmes S.A., Intergraph Corporation, MSC Software Corporation, Nemetschek AG, Oracle Corporation, Procore Technologies, Inc., PTC Inc., 3D Systems Corporation, Siemens PLM, and Trimble Navigation Limited. The industry is characterized by rapid technological changes and a shift towards cloud and mobile computing. Autodesk strives to maintain its competitive edge through investments in research and development and effective marketing and sales strategies.
(Generated from latest 10-K filing)