Autodesk, Inc. · NASDAQ:ADSK
Autodesk — Investor Day (March 2019)
57 slides from Autodesk's investor day presentation, Mar 28, 2019
Slide 1: Safe Harbor
Safe Harbor Each of the presentations today will contain forward-looking statements about our strategies, products, future results, performance or achievements, financial, operational and otherwise, including statements about our strategic priorities, business model transition, and guidance for the
Slide 2: Autodesk Investor Day: Entering the Growth Phase
AUTODESK INVESTOR DAY MARCH 28, 2019 Entering the Growth Phase Andrew Anagnost President & CEO | @andrew_anagnost ¢\ AUTODESK. © 2019 Autodesk
Slide 3: Five Years, Five Outcomes
FIVE YEARS FIVE OUTCOMES
Slide 4: Design & Make
DESIGN & MAKE
Slide 5: Consumption
CONSUMPTION
Slide 6: More Is Inevitable
MORE IS INEVITABLE
Slide 7: Is a Reality
Rages IS A REALITY
Slide 8: The Opportunity of Better
THE OPPORTUNITY OF BETTER
Slide 9: Five outcomes overview
COMPLETED THE DIGITIZED DRIVEN BIM THROUGH THE ENTIRE SUBSCRIPTION TRANSITION THE COMPANY DESIGN & MAKE PROCESS FOR AEC AUTOMATED THE PROCESS OF DESIGN CONVERGED CONSTRUCTION AND 9 FOR MANUFACTURABILITY IN MANUFACTURING MANUFACTURING TO A NEW PARADIGM
Slide 10: Completed the Subscription Transition
COMPLETED THE SUBSCRIPTION TRANSITION
Slide 11: FY19: A Year of Execution & Milestones
FY19: A Year of Execution & Milestones 34% ARR GROWTH Y/Y 4.3M TOTAL SUBSCRIPTIONS $2.6B TOTAL REVENUE 95% S$310M RECURRING REVENUE FREE CASH FLOW
Slide 12: Subscription Revenue Represents 75% of Total
Subscription Revenue Represents 75% of Total % of Total Revenue 100% 90' & 80' = 70) & 60 = 50 & 40 & 30! & 20 & 10 & 0% Qil6 Q216 Q316 Q416 Qil7—— 217-317 ®@ Maintenance & Other Q417 Qilg 218 @ Subscription Q318 Q418 qi19 Q219 Q319 Q419
Slide 13: Total ARR Continues to Grow Rapidly
Total ARR Continues to Grow Rapidly $3,000 aw 95% GROWTH SINCE FY16 $2,000 $1,500 $1,000 $500 $0 Qile «6216 «= 316 «= 416117, Q217— 317 417 118s 218s «318 = 418 = 119 Sin Millions = Maintenance Plan ARR = Subscription Plan ARR Q219 Q319 = Q419
Slide 14: Positioned to Achieve FY20 Free Cash Flow Goal
Positioned to Achieve FY20 Free Cash Flow Goal $1.5B $1.35B $1.0B Free Cash Flow $0.5B $0.0B FY14 FY15 FY16 FY17 FY19 FY20E
Slide 15: More Value with Autodesk Subscription
More Value with Autodesk Subscription MEDIA € ENTERTAINMENT COLLECTION AUTODESK’ ARCHITECTURE, AUTODESK’ PRODUCT COUMCTION CONSTEE ANS DESIGN € MANUFACTURING 15 COLLECTION
Slide 16: Subscribers Can Share Any Time on Any Device
Subscribers Can Share Any Time on Any Device | AUTODESK’ MOLDFLOW — | AUTODESK’ POWERMILL’ \J autopesk vRED \ AUTODESK’ INVENTOR \\7 autovesk’ vauLT / _ AUTODESK’ AUTOCAD ‘ ] s AUTODESK CIVIL 3D AUTODESK 3DS MAX MJ | 7 AutoDesk INFRAWORKS a
Slide 17: Continuous Updates
Continuous Updates
Slide 18: Multi-Platform AutoCAD
Multi-Platform AutoCAD
Slide 19: Growth in Collection Subscriptions
~100% GROWTH IN COLLECTION SUBSCRIPTIONS Y/Y
Slide 20: Free Cash Flow in FY20E
$1.35B FREE CASH FLOW IN FY20E 20
Slide 21: More Active Users than Subscriptions Today
More Active Users than Subscriptions Today 4M Subscriptions 18M Active Users
Slide 22: Digitized the Company
DIGITIZED THE COMPANY 22
Slide 23: E-commerce Sales Growth FY17-FY19
E-COMMERCE SALES GROWTH FY17-FY19 23
Slide 24: User Management
All users (18) ‘Secondary admin ) Clifford Austin leausstest net Primary admin User Management (Q Mevandrawitson qu_user 4@ssttestnet oo Carol Kelly au user 4@ssttest.net e Edward Hemmings: au user O@sstest net Q Claire Paige au user 10@sstestnet @& lan Roberts Co ern User Management All products (4
Slide 25: Greater Insight for Customers: Understanding Use
Greater Insight for Customers: Understanding Use — — BF 4c cottection oe mune A putocan sna i a ° = a 30 15 tI 45 20 | es ee = a em «=Clt«dL an on oe | @ 4
Slide 26: Greater Insight for Autodesk: Non-Paying Users
Greater Insight for Autodesk: Non-Paying Users @\ AUTODESK Oops! The AutoCAD license you’re using is not valid. Don't risk losing access to AutoCAD or your work. Let’s fix this, fast. GET GENUINE SOFTWARE NOW => Think you received this message by mistake? rn mor: 00:30 26
Slide 27: Unifying Our Data Platform for Greater Insights and Automation
Unifying Our Data Platform for Greater Insights and Automation ANALYTICS & INSIGHTS PRODUCTS » Usage and adoption = Machine assisted, multi-discipline (Autodesk Account) SALES & collaboration (Artificial Intelligence) = Outcomes and predictive analytics MARKETING = Real-time design and make options
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Slide 29: Five outcomes overview
(ED ee COMPLETED THE D ZED DRIVEN BIM THROUGH THE ENTIRE SUBSCRIPTION TRANSITION HE COMPAN DESIGN & MAKE PROCESS FOR AEC I a EEA A CE oa AUTOMATED THE PROCESS OF DESIGN CONVERGED CONSTRUCTION AND 29 FOR MANUFACTURABILITY IN MANUFACTURING MANUFACTURING TO A NEW PARADIGM
Slide 30: Growth in Revit Monthly Active Users
28% GROWTH IN REVIT MONTHLY ACTIVE USERS Y/Y 30
Slide 31: Growth in BIM Monthly Active Users
~80% GROWTH IN BIM 360 MONTHLY ACTIVE USERS Y/Y 31
Slide 32: BIM Mandate Momentum
BIM Mandate Momentum
Slide 33: Revit Represents Over 85% of BIM Jobs
Revit Represents Over 85% of BIM Jobs The 20 hottest job skills in 2019 that will get you hired PUBLISHED TUE, FEB 12 2019 - 10:31 AM EST Uowork AUTODESK REVIT RANKS #14 11. Employee training 12, Kubernetes, 18. OAuth 15. App store optimization 16. App usability analysis 17. Vue.js framework 18. Lea
Slide 34: Establishing Leadership in Construction
Establishing Leadership in Construction Oo © © assemble PlanGrid BUILDINGCONNECTED 34
Slide 35: Establishing Leadership in Construction
Establishing Leadership in Construction R B AUTODESK’ REVIT AUTODESK’ BIM 360° pa, \ Oy Crt assemble PlanGrid BUILDINGCONNECTED 35
Slide 36: Digital Transformation is an Imperative for the Entire AEC Industry
Digital Transformation is an Imperative for the Entire AEC Industry
Slide 37: Five outcomes overview
. ea r "ie ai = Sie COMPLETED THE DIGITIZED DRIVEN BIM THROUGH THE ENTIRE SUBSCRIPTION TRANSITION THE COMPANY DESIGN & MAKE PROCESS FOR AEC np 7 AUTOMATED THE PROCESS OF DESIGN CONVERGED CONSTRUCTION AND 37 FOR MANUFACTURABILITY IN MANUFACTURING MANUFACTURING TO A NEW PARADIGM
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Slide 39: Optimizing Entire Systems
Optimizing Entire Systems
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Slide 41: Growth in Fusion Monthly Active Users
~L4O0% GROWTH IN FUSION 360 MONTHLY ACTIVE USERS Y/Y a
Slide 42: Fusion Monthly Active Users
~360K FUSION 360 MONTHLY ACTIVE USERS 42
Slide 43: Generative Design is Driving a Convergence of Design and Make Decisions
Generative Design is Driving a Convergence of Design and Make Decisions 5S-AXIS CNC 3-AXIS CNC
Slide 44: Converged Construction and Manufacturing to a New Paradigm
CONVERGED CONSTRUCTION AND 44 MANUFACTURING TO A NEW PARADIGM
Slide 45: Daiwa House
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Slide 46: Configuring Buildings Like Configuring Products
Configuring Buildings Like Configuring Products 66600dwe “| wo Det warate ome rae
Slide 47: i, iw —
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Slide 48: Less Expensive, Less Time, Less Waste
20% 40% 40% LESS EXPENSIVE LESS TIME LESS WASTE
Slide 49: Accelerating Growth in Industrialized Construction
Accelerating Growth in Industrialized Construction
Slide 50: Helping Manufacturers Customize More Products
Helping Manufacturers Customize More Products 50
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Slide 52: Five outcomes overview
COMPLETED THE DIGITIZED DRIVEN BIM THROUGH THE ENTIRE SUBSCRIPTION TRANSITION THE COMPANY DESIGN & MAKE PROCESS FOR AEC AUTOMATED THE PROCESS OF DESIGN CONVERGED CONSTRUCTION AND 52 FOR MANUFACTURABILITY IN MANUFACTURING MANUFACTURING TO A NEW PARADIGM
Slide 53: Five Business Drivers
Five Business Drivers = 4M subscriptions out of 18M active users = Robust platforms are becoming inexpensive and ubiquitous (data, machine learning, AR/VR) = Digital transformation is an imperative for the entire AEC Industry = Generative design is going to drive a convergence of design and make dec
Slide 54: Only Autodesk
ONLY AUTODESK
Slide 55: Design & Make
DESIGN & MAKE
Slide 56: Autodesk Investor Day 2019
Autodesk Investor Day 2019 Lisa Campbell, CMO Business Strategy & Marketing Growth Opportunities in - Construction and Manufacturing Scott Reese, SVP Manufacturing, Cloud, and Production Products Future of Manufacturing and Cloud Amy Bunszel, SVP Design & Creation Products Core Innovations to Accele
Slide 57: Autodesk: Make anything.
é\ AUTODESK. Make anything.