Autodesk's 2019 acquisitions open up new business and expands the company's cloud infrastructure. CEO Andrew Anagnost promises growth through 2023. Autodesk had a very good 2019, thanks primarily to the work it has been doing in construction and AEC. But also the company says they have successfully made the transition to their subscription business model, grew their … [Read more...] about Autodesk 4Q financials: 2019 was very good year…
construction
Autodesk supports Build Change at Autodesk University
Much of the discussion at Autodesk University revolves around new building projects, but as our world shrinks, the built environment may offer the most opportunity for change and improvement. This year, Autodesk named Build Change as the recipient of Autodesk’s donation drive during Autodesk University 2019. Build Change addresses the challenges posed by sub-standard housing … [Read more...] about Autodesk supports Build Change at Autodesk University
Autodesk announces solid results for the quarter
But hedges bet in the face of all kinds of uncertainty. Autodesk reported increased earnings and brought its income up out of the red and into the black at $40.2 million. With revenues up 30% to $797, the company pushed its ARR up to $3.07 billion. Total billings increased by 48% to $892 million. The company’s recurring revenue is at 97% of the total. And yet, the stock went … [Read more...] about Autodesk announces solid results for the quarter
Autodesk expands its construction project management portfolio
End of the year acquisitions of BuildingConnected and PlanGrid give the company modern, cloud-based tools for construction. Just before Christmas hit the fan for 2018, Autodesk announced the acquisition of BuildingConnected for $275 million and PlanGrid for $875 million. The acquisitions extend Autodesk's tools into preconstruction and deeper into the … [Read more...] about Autodesk expands its construction project management portfolio
Call for submissions to Bentley Systems’ Year in Infrastructure 2018 Awards
The theme of this year’s conference is Going Digital: Advancements in Infrastructure. Bentley Systems is calling its users for submissions to the Year in Infrastructure 2018 Awards program. The awards, which are judged by independent juries of industry experts, recognize infrastructure projects for digital innovations that improve project delivery and/or asset … [Read more...] about Call for submissions to Bentley Systems’ Year in Infrastructure 2018 Awards