Autodesk Inc Stock

Autodesk, Inc. provides 3D design, engineering, and entertainment software and services.

The company serves customers in architecture, engineering, and construction; product design and manufacturing; and digital media and entertainment industries. Its customers design, fabricate, manufacture, and build anything by visualizing, simulating, and analyzing real-world performance early in the design process. These capabilities allow its customers to foster innovation, optimize their designs, streamline their manufacturing and construction processes, improve quality, deliver sustainable outcomes, communicate plans, and collaborate with others. The company’s professional software products are sold globally, both directly to customers and through a network of resellers and distributors.

Products

The company’s architecture, engineering, and construction products improve the way building, infrastructure, and industrial projects are designed, built, and operated. Its product development and manufacturing software provides manufacturers in automotive, transportation, industrial machinery, consumer products, and building product industries with comprehensive digital design, engineering, manufacturing, and production solutions. These technologies bring together data from all phases of the product development and production life cycle, creating a digital pipeline that supports productivity, accuracy through process automation, and insights that enable more sustainable outcomes. The company’s digital media and entertainment products provide tools for digital sculpting, modeling, animation, effects, rendering, and compositing for design visualization, visual effects, and games production. The company’s product offerings, sold through a subscription include:

Architecture, Engineering and Construction (AEC)

AutoCAD Civil 3D

AutoCAD Civil 3D solution provides a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects. Using a model-centric approach that automatically updates documentation as design changes are made, AutoCAD Civil 3D enables civil engineers, designers, drafters, and surveyors to boost productivity and deliver designs and construction documentation faster. With AutoCAD Civil 3D, the entire project team works from the same consistent, up-to-date model so they stay coordinated throughout all project phases.

Building Information Modeling (BIM) 360

BIM 360 construction management cloud-based software enables almost anytime, anywhere access to project data throughout the building construction lifecycle. BIM 360 empowers those in the field to anticipate and act, and those in the back office to optimize and manage all aspects of construction performance.

Industry Collections

The AEC Collection, including AutoCAD, AutoCAD Civil3D, and Revit, aims to help the company’s customers design, engineer, and construct predictable building and civil infrastructure projects, commonly used by AEC industry experts.

PlanGrid

PlanGrid cloud-based field collaboration software provides general contractors, subcontractors, owners, and architects access to construction information in real time. With PlanGrid technology, any construction team member can manage and update blueprints, specs, photos, requests for information, field reports, punchlists, and other critical jobsite data. The data collected within PlanGrid software acts as a digital trail during the building process, allowing for easy turnover to the owner for operations and maintenance after construction is complete. PlanGrid mobile-first technology is accessible on modern desktop, laptop, or mobile devices, including native iOS, Android, and Windows.

Revit

Revit software is built for BIM to help professionals design, build, and maintain energy-efficient buildings. Using the information-rich models created with Revit, architects, engineers, and construction firms can collaborate to make better-informed decisions earlier in the design process to deliver projects with efficiency. Revit includes features for architectural, mechanical, electrical, and plumbing design, as well as structural engineering and construction, providing a comprehensive solution for the entire building project team.

AutoCAD and AutoCAD LT

AutoCAD

AutoCAD software is a customizable and extensible CAD application for professional design, drafting, detailing, and visualization. AutoCAD software provides digital tools that can be used independently and in conjunction with other specific applications in fields ranging from construction and civil engineering to manufacturing and plant design.

AutoCAD LT

AutoCAD LT software is purpose built for professional drafting and detailing. AutoCAD LT includes document sharing capability without the need for software customization or certain advanced functionality found in AutoCAD. Users can share all design data with team members who use AutoCAD or other Autodesk products built on AutoCAD.

Manufacturing

Computer-Aided Manufacturing (CAM) Solutions

The company’s CAM software offers solutions for computer numerical control machining, inspection, and modeling for manufacturing. A comprehensive line-up of expert products, including PowerMill, FeatureCAM, PowerInspect, PowerShare, and others, help its customers manufacture innovative products and components.

Fusion 360

Fusion 360 is the first 3D CAD, CAM, and computer-aided engineering tool of its kind. It connects the entire product development process on a single cloud-based platform.

Industry Collections

The Product Design & Manufacturing Collection offers connected, professional-grade tools that help the company’s customers make products and compete in the changing manufacturing landscape of the future. The collection offers access to a range of its products, including AutoCAD, Fusion 360, Vault, and Inventor.

Inventor

Inventor enables manufacturers to go beyond 3D design to digital prototyping by giving engineers a set of tools for 3D mechanical design, simulation, analysis, tooling, visualization, and documentation. Engineers can integrate AutoCAD drawings and model-based design data into a single digital model, creating a virtual representation of a final product that enables them to validate the form, fit, and function of the product before it is ever built.

Vault

Vault data management software makes it easier to manage data in one central location, accelerate design processes, and streamline internal/external collaboration. Vault integrates with more than 30 Autodesk design applications, provides revisioning and access control capabilities, and enables customers to share product data securely to improve engineering cycle time and reduce manufacturing errors.

Media and Entertainment (M&E)

Industry Collections

The M&E Collection provides end-to-end creative tools for entertainment creation. This collection enables animators, modelers, and visual effects artists to access the tools they need, including Maya and 3ds Max, to create effects, 3D characters, and digital worlds.

Maya

Maya software provides 3D modeling, animation, effects, rendering, and compositing solutions that enable film and video artists, game developers, and design visualization professionals to digitally create images, realistic animations and simulations, extraordinary visual effects, and full-length animated feature films.

Shotgun

Shotgun is cloud-based software for review and production tracking in the M&E industry. Creative companies use the Shotgun platform to provide business tools for managers and visual collaboration tools for artists and supervisors, who often work globally with distributed teams.

3ds Max

3ds Max software provides 3D modeling, animation, and rendering solutions that enable game developers, design visualization professionals, and visual effects artists to digitally create realistic images, animations, and complex scenes; and to digitally communicate abstract or complex mechanical, architectural, engineering, and construction concepts.

Marketing and Sales

The company sells its products and services globally, primarily through indirect channels consisting of distributors and resellers. To a lesser extent, the company also transacts directly with its enterprise and named account customers and with customers through its online Autodesk branded store. The company’s indirect channel model includes both a two-tiered distribution structure, where distributors sell to resellers; and a one-tiered structure, where it sells directly to resellers. The company has a network of approximately 1,700 resellers and distributors worldwide. For 2021, approximately 69% of its revenue was derived from indirect channel sales through distributors and resellers.

Sales through the company’s largest distributor, Tech Data Corporation and its global affiliates (collectively, Tech Data), accounted for 37% of its net revenue for the fiscal year ended January 31, 2021. Ingram Micro Inc., the company’s second-largest distributor, accounted for 10% of its total net revenue for the fiscal year ended January 31, 2021.

The company’s customer-related operations are divided into three geographic regions: the Americas; Europe, the Middle East, and Africa; and the Asia Pacific. It also works directly with reseller and distributor sales organizations, computer manufacturers, other software developers, and peripherals manufacturers in cooperative advertising, promotions, and trade-show presentations.

Customer and Reseller Support

The company provides technical support and training to customers through a multi-tiered support model, augmented by direct programs designed to address certain specific customer needs. Most of its customers receive support and training from the resellers and distributors from which they purchased subscriptions or licenses for its products or services, with the company in turn providing second-tier support to the resellers and distributors. Other customers are supported directly via self-service using the Autodesk Knowledge Network, which guides customers to answers in its online support assets, support forums, or webinars to support representatives using different modalities, such as social media, phone, email, and webchat. The company also supports its resellers and distributors through technical product training, sales training classes, webinars, and other knowledge-sharing programs.

Competition

The company’s primary global competitors include Adobe Systems Incorporated; AVEVA Group plc; Bentley Systems, Inc.; Dassault Systèmes S.A. and its subsidiary Dassault Systèmes SolidWorks Corp.; Intergraph Corporation, a wholly owned subsidiary of Hexagon AB; MSC Software Corporation; Nemetschek AG; Oracle Corporation; Procore Technologies, Inc.; PTC Inc.; 3D Systems Corporation; Siemens PLM; and Trimble Navigation Limited.

Acquisitions

In November 2020, the company completed the acquisition of Spacemaker AS (Spacemaker), which strengthened and enabled the company’s early-stage design and outcome-based design capabilities. Spacemaker is a provider of cloud-based artificial intelligence technology and generative design enabling architects, urban designers, and real estate developers to optimize and maximize the potential of a building site, especially during early-stage design.

History

Autodesk, Inc. was founded in 1982. The company was incorporated in California in 1982 and was reincorporated in Delaware in 1994.