The work must go on; but life will never be the same. There probably is no good time for a pandemic, but this particular Coronavirus shutdown hits the construction industry at a particularly bad time. Spring means construction, but for most of the U.S. construction was shut down in March and April, and just now ramping up in May. However, when it comes to infrastructure … [Read more...] about Construction transformed in 2020
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Autodesk teams with Aurigo
Autodesk is continuing its work to expand its footprint in construction. The company has announced an alliance with Aurigo. Founded in 2003, in Austin, Texas, Aurigo works with public sector agencies and facility owners with tools to plan, deliver, and maintain capital projects and assets. The company says its tools, including Aurigo Masterworks Cloud software, offer full … [Read more...] about Autodesk teams with Aurigo
Autodesk 4Q financials: 2019 was very good year…
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…
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