Autodesk © 2007 Assassin's Creed, image courtesy of Ubisoft Montreal Corporate Overview
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Autodesk © 2007
Assassin's Creed, image courtesy of Ubisoft Montreal
Corporate Overview
Autodesk © 2007
Safe Harbor Statement
During the course of this presentation, we may make forward-looking statements regarding future events and the expected performance of the Company. We wish to caution you that such statements reflect our best judgment based on factors currently known to us and that actual events or results could differ materially. For important factors that may cause actual results to differ from those contained in our forward-looking statements, we would like to refer you to the documents we file from time to time with the SEC and specifically our Form 10K filed on June 4, 2007 and 10Q filed on August 31, 2007. We do not assume any obligation to update any forward looking statements we make to reflect events that occur or circumstances that exist after the date of this presentation.
Autodesk © 2007
World’s Leading 2D and 3D Design Software Company
Unparalleled Global Presence: Portfolio of markets and industries Geographically diversified revenue stream From small business to enterprise
customers Over 8 million seats have been registered
globally Unsurpassed Channel:
1,700 Partners with 7,500 Feet on the Street 4,500 Instructors 2,700 Development Partners
Autodesk © 2007
Diversified Industry Revenues
Manufacturing 31%
Building36%
Infrastructure21%
Media 12%
Autodesk © 2007
Diversified Global Revenues
United States 34%
Other Americas6%
EMEA 37%
Asia Pacific 23%
Autodesk © 2007
Outstanding Financial Position
A 25-year history of financial success: Fiscal 2007 net revenue was
$1.84 billion $11 billion market cap Cash and equivalents of $827 million No debt
Autodesk © 2007
Our Customer’s World is ChangingSeeking Differentiation through Design Innovation
Globalization
Global building and infrastructure boom
Sustainability and rising energy costs
Digital life
Autodesk © 2007
Autodesk solutions allow customers to experience designs before they are real through digital prototyping
Enabling Design Innovation
Autodesk © 2007
Benefits include:
Greater innovation Competitive advantage Reduced waste and errors Faster time to market Reduced cost and number of
physical prototypes
Digital Prototyping Provides Competitive Advantage
Autodesk © 2007
Product innovation
Time-to-market
Cost reduction
Manufacturing Market Growth Trends
Manufacturing Customers Need
Autodesk © 2007
The Companyto Deliver
AEC Market Growth Trends
Industrialization Urbanization Globalization Sustainability and scarcity
of resources Managing complex
infrastructure systems Redefining design and
delivery
Autodesk © 2007
High impact content
Mainstream hardware
Evolution of games
Access to talent
Digital prototyping
Media & Entertainment Market Growth Trends
Autodesk © 2007
Key Trends Driving Our Business
New seats still represent ~2/3 revenue
2D growth remains strong
3D revenue is growing
Emerging economies provide significant opportunity
Subscription continues to gain traction
Autodesk © 2007
0
500
1,000
1,500
2,000
FY03 FY04 FY05 FY06 FY07
($ in
Millio
ns
)New Business Drives Revenue Growth
Upgrades
Subscription
New Seats & Emerging Business
Autodesk © 2007
DigitalPrototyping
Vertical Solutions
2D
Building Manufacturing Infrastructure
Incr
easi
ng
val
ue
to c
ust
om
er
Revit
AutoCADArchitecture
MEP
AutoCAD
AutoCAD Land
Desktop
Inventor
AutoCAD LT
AutoCADMechanicalElectrical
Civil 3D
2D and 3DAddressing multiple markets
2D
Autodesk © 2007
Strong Growth in 2D
0
200
400
600
800
1,000
1,200
FY04 FY05 FY06 FY07
Vertical Solutions
AutoCAD
AutoCAD LT
Rev
enue
in $
Mill
ions
Autodesk © 2007
Total 3D Revenue: Accelerating22% of FY07 total revenue
MSD - Inventor
AEC – Revit andCivil 3d
($ in
Mill
ion
s)
0
100
200
300
400
FY04 FY05 FY06 FY07
Autodesk © 2007
0
250
500
750
1,000
1/31/04 1/31/05 1/31/06 1/31/07
(3D
Un
its in
00
0’s
)3D Penetration:Biggest opportunity still to come
0
10
20
30
40
50
60
70
80
90
100
% penetration of installed base
Autodesk © 2007
Emerging Markets Accelerate Growth
AMER
EMEA
APAC
0
50
100
150
200
250
300
FY04 FY05 FY06 FY07
($ in
Mill
ion
s)
20 Autodesk © 2007
Industry Leading Revenue Linearity
Benefits of Revenue Linearity: Predictability DSO improvement Sales discipline Operation efficiency
Cumulative Revenue
($M)
2006
2003
2005
2004
2007
$0
$1,840
1 52Weeks
21 Autodesk © 2007
0%
10%
20%
30%
FY03 FY04 FY05 FY06 FY07
GAAP Non-GAAP
Operating Margin Remains Strong
19%
25%
Stock option expense
22 Autodesk © 2007
$0.00
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
FY03 FY04 FY05 FY06 FY07
GAAP EPS Non-GAAP EPS
Strong EPS Growth Rate
$1
.53
$1
.19
Stock option expense
23 Autodesk © 2007
Guidance SummaryQ4 FY 2008
Revenue $575M - $585M Non-GAAP EPS $0.52 - $0.54 GAAP EPS $0.42 - $0.44
FY 2008 Revenue $2.148B - $2.158B Non-GAAP EPS $1.89 - $1.91 GAAP EPS $1.50 - $1.52
Q1 FY 2009 Revenue $575M - $585M Non-GAAP EPS $0.50 - $0.52 GAAP EPS $0.42 - $0.44
FY 2009 Revenue $2.425B - $2.1475B Non-GAAP EPS $1.84 - $1.90 GAAP EPS $2.20 - $2.26
Long Term Goal 15% CAGR Revenue
24 Autodesk © 2007
25 Autodesk © 2007
Challenge:To produce offshore living quarters. The 44 cabin project was vastly complex, requiring the coordination of all necessary piping, electrical, instrumentation, fire and gas, HVAC and fire fighting systems.
“We needed best-in-class tools at every stage of the design process to make sure all the pieces of the project came together seamlessly.”
—Jimmy Bergmark
CAD Manager
Customer SuccessPharmadule Emtunga
Why Autodesk:“AutoCAD was a natural choice. I’ve had experience with other CAD platforms where it takes new usersmonths to become productive, if ever. That’s not the case with AutoCAD.”
—Jimmy Bergmark
CAD Manager
Results: Saved time and money. Early
detection of design conflicts prevents later resource expenditure.
Reduced new-user downtime. For this team, AutoCAD 2006 is the most intuitive and user-friendly CAD platform on the market.
26 Autodesk © 2007
Challenge:
Design one of the tallest buildings in the world on the most significant site on a fast-track schedule while applying the latest advances in construction technology and the highest quality standards.
“The complexity of a project like the Freedom Tower cannot be overestimated. Revit is empowering us to comprehend the building more fully, earlier in the design process than we were able to before.”
—James Vandezande, AIAAssociate, CAD Manager
Customer Success Skidmore, Owings & Merrill LLP
Why Autodesk:
“We chose Autodesk Revit Building for the Freedom Tower because we believe building information modeling will enable us to design and construct a better building for our client.”
—Carl Galioto, FAIA
Partner
Results:
Open information project Advanced knowledge of
design constructability Integrated delivery Reduced errors & waste Enhanced team communication
27 Autodesk © 2007
Challenge: Company faced strong
competition on projects Operating at razor thin margins
to stay competitive Traditional design software
slows progress on projects
“We can do our work so much faster. In the past, these questions required more than a week of work to answer, but now we are finished in a few hours.”
—Dirk Talsma,
Civil Engineering
Customer SuccessGrontmij Netherlands BV
Why Autodesk: Flexibility to create many
design alternatives—not just one or two
Reduce risk associated with design changes
Results: Completed design tasks in
hours instead of weeks—ten times faster
Extended the useful life of an important waste facility
Beat the competition with innovative technology
28 Autodesk © 2007
Challenge: Firm has many design
needs Roads, pipes, parcels,
volumes, roundabouts Existing software slows
progress
“Our work was more thorough, not just faster. You usually lose thoroughness with speed, but not with Civil 3D.”
— Flavio Branco,
Civil Engineer
Customer SuccessSitios & Formas
Why Autodesk: Enables faster changes Provides more design
alternatives Enables smarter choices
Results: Increased project profitability
due to reduced design time Recouped training costs
ahead of schedule Completed sophisticated
traffic circle design
29 Autodesk © 2007
Challenge: Integration of geospatial data
Need to improve customer
service
“It used to take 40 days to complete work orders for new telecommunications lines. Now it takes only two days. Autodesk and Oracle solutions gave us the capabilities we needed to become a more dynamic and efficient company.”
— Radovan Cvetkovic,
Chief Information Officer
Customer SuccessTelekom Serbia
Why Autodesk: Enables more cost-effective
asset analysis and management
Provides seamless integration with Oracle
Results: Reduced operational costs and
staffing requirements Dramatically improved
productivity, reducing time to complete new line work orders by 95% (from 40 days to 2)
improved customer satisfaction
30 Autodesk © 2007
Challenge:Implement a real time engineer to order solution for distributed sales force to increase sales volumes and market share.
Why Autodesk: Autodesk Inventor Supports data re-use downstream
AutoCAD Mechanical & ERP Autodesk Intent Tight integration with Inventor ERP vendors could not deliver
engineering configuration solution Autodesk Vault Engineering data management Autodesk Streamline and DWF Publish technical drawing to 80
distributors, over 600 people for customer site installation
Delivered Strategic Business Consulting engagement
Customer SuccessHytrol Conveyor Company Inc.
“Autodesk Consulting helped us to really look at, and understand, our business processes before we started implementing software. They thought of things we hadn’t considered—they’ve given us good direction.”
“The Autodesk mantra is about service—that means a lot to us. We know Autodesk is listening, because we can see how they incorporate our feedback into new products.”
George WilliamsManager of Engineering,
Hytrol Conveyor Company
Results: Sales cycles & engineering time will
be reduced by automating re-design for each order.
Will enable automated production of BOM and spare parts lists.
“Order management” bottleneck in engineering will be reduced.
31 Autodesk © 2007
Challenge:Leverage technology advances to take on bigger and more complex projects. Implement data management process that enables team to work simultaneously and collaboratively on projects
Why Autodesk: Autodesk Inventor Professional Supports cross functional team
collaboration on large projects Easy transition from 2D to 3D Powerful automation with tube &
pipe design Best AutoCAD compatibility Handles extremely large
assemblies & can visualize entire model
Autodesk Vault Increases security of data Autodesk DWF Improves client communications
Customer SuccessDavid Laurent
“If we had to make the choice again for a 3D solution, I think there is not one member of our staff that would question the choice of Autodesk Inventor Professional.”
“Because we are a small company we do not want to have a big complex PDM software to manage our design data, we do not need that complexity or cost. The Autodesk Vault is perfect for us, and now saves us time and prevents loss of data.”
Eric Rolland Lead Designer, David Laurent SARL
Results: Saving 20 to 30% design time on all
new projects Using 3D DWF for design reviews
with customers cuts design time, catches errors earlier, saves money
Implemented Vault in under 2 hours Better concurrent engineering data
management
32 Autodesk © 2007
Challenge:Reduce lead times, exceed client expectations though innovation, while improving management of design work-in-progress.
Why Autodesk: Autodesk Inventor Easy to learn and use, training is not
cost prohibitive Easy communication with clients in
building industry through DWG/DWF Provides best of 2D & 3D plus data
management in one package Autodesk Vault Provides basic life cycle
management Easy to use and familiar interface
aids user confidence
Customer SuccessKone
“The benefits of Inventor quickly became evident, delivering massive gains in design reviews and customer liaison.”
“The Vault is becoming the tool to help us improve project management and provide a foundation for better Product Lifecycle Management”.
Brian White Technical Author
KONE Escalators
Results: Can show clients existing & planned
installations earlier in process. Clients have confidence KONE can
meet their requirements. Structured file management with
Vault improves process efficiency, protects good data from loss.
Vault reduces network traffic, enables multi-user collaboration, eliminates potential errors.
33 Autodesk © 2007
Challenge:Continuously find ways to reduce costs, improve efficiency, and bring more innovative products to market faster.
Why Autodesk: Autodesk Inventor Professional Proven to handle large assemblies of
10,000 parts Powerful, integrated sheet metal
tools Tube & pipe design automation Easy to learn and use Best value Autodesk is the industry leader
with a huge user population AutoCAD Electrical Open and flexible compared to
competitive offerings Easy to create custom reports
Customer SuccessMammoth Inc.
“Autodesk always has the lead in the marketplace for CAD and there are so many users out there. AutoCAD users can migrate to Autodesk Inventor very easily.”
Matt McFarland
Senior Designer, Mammoth Inc.
“AutoCAD Electrical is very flexible and easy to use. The fact that it doesn’t limit us is a major advantage.”
David Pedersen,
Electrical Engineer, Mammoth, Inc.
Results: Costs reduced up to $9,000 /
project. Reduced time spent on piping by
40%. Improved communication with
customers & shop floor. Reduced time spent running reports
for electrical design drawings dramatically.
34 Autodesk © 2007
Challenge:Double Negative was tasked with delivering some of the most challenging CG shots for Columbia Pictures The Da Vinci Code
“In The Da Vinci Code, the reveal of Mary's sarcophagus is a good example where Autodesk Maya became the backbone of a shot. The shot was first pre-visualized in Maya. Camera movement was then programmed onto a motion control green screen plate of the sarcophagus, using Maya. Maya was also used to pre-visualize the Newton’s tomb sequence.”
Jesper Kjolsrud CG supervisor,
Double Negative
Customer SuccessDouble Negative
Why Autodesk: Autodesk Maya Pre-vis for extensive shots Seamlessly blend live-action
with CG Easy trasfer of CG assets to
compositing environment Industry-leading toolset
Results: 80 shots built for Da Vinci
Code Scenes created that could not
have been built without Maya Enormous time savings from
pre-vis to finished shots through use of Maya throughout
35 Autodesk © 2007
Challenge:To create a next-gen action game that stands out from the numerous titles competing for blockbuster status. Stranglehold is based on John Woo’s action movie Hard Boiled. The extensive range of movements of Chow-Yun Fat’s character Tequila necessitated a digital scan of the actor which could be modelled accurately in 3D.
“The way Tequila moves is one of the things that make Stranglehold stand apart from other next-generation games. In the movie, Tequila is known for performing aerobatic moves while he’s firing his guns. To generate all the Tequila moves, we had to create about 10 times the amount of motion you’d create for a typical third-person shooter.”
Brian Eddy,
Project leader/director
Midway Games
Why Autodesk:
Stranglehold’s characters were modeled in Autodesk Maya and Autodesk 3ds Max, rigged in Maya, then animated in Autodesk Motion Builder. The Autodesk 3D product portfolio allowed Midway to utilize a range of tools that integrated well within their product pipeline and produced stunning results.
Results: The game features a photorealistic
CG version of the actor complete with his signature fight moves
Multiple versions of every object in the game were created so that every one of the hundreds of objects in the game’s eight expansive levels is destructible.
Final result: A hot action sequel highly anticipated by the gaming community
Customer SuccessMidway Games
36 Autodesk © 2007
Challenge:To develop a collaborative design project in one semester
Why Autodesk:“Initially, we created a preliminary master plan in AutoCAD. Each of us then worked on a specific portion of the complex in AutoCAD. By pasting the pieces to the original coordinates in AutoCAD, we brought the design together. The individual design files fit together immediately and exactly.”
—Pablo MartinezStudent
Results: By using Autodesk solutions, a
small group of students: Completed a basic design for a
stadium in only six weeks Completed presentation material in
only four weeks Impressed established architects,
local politicians, and business leaders.
Customer Success Tecnologico de Monterrey
“AutoCAD is an essential platform for design. Being able to use AutoCAD so proficiently has definitely helped all of us in our careers.”
—Enrique Yanez AlvaradoStudent
37 Autodesk © 2007
Investors Correlate ADSK Share Price Performance with the U.S. Homebuilding Industry
ADSK
XHB S&PHomebuilding Index
Weekly share prices from inception of XHB 2/06-4/07
Re
lativ
e S
ha
re P
rice
Pe
rfo
rma
nce
60%
80%
100%
120%
38 Autodesk © 2007
Revenue Performance Does NOT Correlate
ADSK
XHB S&PHomebuilding Index
Re
lativ
e R
eve
nu
e P
erf
orm
an
ce
Quarterly revenue over last 2 years100%
110%
120%
130%
140%
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