Autodesk
reported its Q3 financial results, yesterday after the market closed. (Autodesk shares are up approximately 5%
today).
reported its Q3 financial results, yesterday after the market closed. (Autodesk shares are up approximately 5%
today).
This
morning, seekingalpha.com posted a transcript of yesterday’s earnings call. Below, you will find a few excerpts from that
transcript – Carl Bass’ comments about AutoDesk’s AEC business:
morning, seekingalpha.com posted a transcript of yesterday’s earnings call. Below, you will find a few excerpts from that
transcript – Carl Bass’ comments about AutoDesk’s AEC business:
Carl Bass – Chief Executive
Officer, President and Director
Officer, President and Director
Thanks, Dave, and good afternoon, everyone. Our third
quarter results were driven by strength in our core AEC and Manufacturing
segments, as well as continued strong adoption of our suites.
quarter results were driven by strength in our core AEC and Manufacturing
segments, as well as continued strong adoption of our suites.
Our AEC business continues to perform well, driven by
what looks to be a broad-based recovery in the commercial construction market.
As we highlighted at our Investor Day last month, the construction vertical
represents a significant opportunity, and we continue to gain momentum in that
market. We also continue to broaden our BIM portfolio. Last quarter, we closed
a couple of small acquisitions, bringing our BIM tools that further are — that
further support our infrastructure projects. We’re also pleased with the
adoption and usage of BIM 360. The anecdotal feedback we hear from our
construction industry customers suggests it is the dawn of a new area in
construction technology.
what looks to be a broad-based recovery in the commercial construction market.
As we highlighted at our Investor Day last month, the construction vertical
represents a significant opportunity, and we continue to gain momentum in that
market. We also continue to broaden our BIM portfolio. Last quarter, we closed
a couple of small acquisitions, bringing our BIM tools that further are — that
further support our infrastructure projects. We’re also pleased with the
adoption and usage of BIM 360. The anecdotal feedback we hear from our
construction industry customers suggests it is the dawn of a new area in
construction technology.
Nota de Prensa
Carlos García Conde
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2013-11-15T19:23:00Z
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Our highlight for the quarter was that we signed our
biggest ever BIM 360 enterprise agreement worth over $1.5 million. This
existing customer renewed its agreement with Autodesk for about 20% more in
total billings than their previous contract. They will deploy BIM 360 as part
of their strategic goal to transform their business and increase their
competitive advantage. This is exactly the type of transaction that supports
our long-term growth assumptions. We’ve only scratched the surface of the
construction industry, and we’re well-positioned to tap further into that $7
trillion market.
biggest ever BIM 360 enterprise agreement worth over $1.5 million. This
existing customer renewed its agreement with Autodesk for about 20% more in
total billings than their previous contract. They will deploy BIM 360 as part
of their strategic goal to transform their business and increase their
competitive advantage. This is exactly the type of transaction that supports
our long-term growth assumptions. We’ve only scratched the surface of the
construction industry, and we’re well-positioned to tap further into that $7
trillion market.
Reprographics 101 
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