Autodesk, Inc. · NASDAQ:ADSK
Autodesk — Investor Day (September 2021)
25 slides from Autodesk's investor day presentation, Sep 1, 2021
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: Driving Growth in FY23 and Beyond
2 2 AUTODESK INVESTOR DAY SEPTEMBER 1, 2021 Driving Growth in FY23 and Beyond Andrew Anagnost President & Chief Executive Officer @andrew_anagnost © 2021 Autodesk, Inc.
Slide 3: Four Years Ago…
3 3 FOUR YEARS AGO…
Slide 4: Completed subscription transition and automated design processes
4 4 DRIVEN BIM THROUGH COMPLETED THE DIGITIZED THE ENTIRE DESIGN & MAKE SUBSCRIPTION TRANSITION THE COMPANY PROCESS FOR AEC AUTOMATED THE PROCESS OF DESIGN CONVERGED CONSTRUCTION AND IN MANUFACTURING MANUFACTURING TO A NEW PARADIGM
Slide 5: A More Resilient Company
5 5 A More Resilient Company The Great Financial Crisis versus The COVID-19 Pandemic 40% FY21 Revenue +16% YY FY22* Revenue +15% YY 30% 20% Q108 Q411 Revenue YY growth % 10% Q119 Q422* 0% -10% -20% -30% FY10 Revenue -26% YY -40% Revenue YY% (Q108-Q411) Revenue YY% (Q119-Q422*) Global financial crisi
Slide 6: A More Robust Company
6 6 A More Robust Company Acceleration and momentum in the first half of Fiscal 22 1H FISCAL 2022 $2.0B $0.5B BILLINGS FREE CASH FLOW +19% YY +35% YY
Slide 7: A More Predictable Company
7 7 A More Predictable Company Evolution of fiscal 23 goals 2020 Investor Day M&A Current 16-18% ~0.5 pt 16-18% FISCAL 20 TO FISCAL 23 TOTAL REVENUE CAGR FISCAL 20 TO FISCAL 23 TOTAL REVENUE CAGR $2.4B - $2.4B FREE CASH FLOW FREE CASH FLOW ~40% ~(2) pts ~38% NON-GAAP OPERATING MARGIN NON-GAAP OPERAT
Slide 8: How We Will Deliver on FY23 Goals and Beyond
8 8 How We Will Deliver on FY23 Goals and Beyond DIGITAL LEVERAGING KEY MONETIZING TRANSFORMATION GROWTH ENABLERS THE LONG TAIL
Slide 9: Digital Transformation
9 9 DIGITAL TRANSFORMATION § Convergence of design & build in AEC § Convergence of design & make in manufacturing § Integration of adjacent verticals LEVERAGING KEY MONETIZING GROWTH ENABLERS THE LONG TAIL
Slide 10: Convergence of Design and Build in AEC
10 10 Convergence of Design and Build in AEC Driving data through the construction lifecycle DESIGN PLAN BUILD OPERATE DESIGN BUILD Increased adoption of BIM Integrate Construction Cloud drives 2D to 3D conversion Across the entire process
Slide 11: Digital Transformation: Design & Manufacturing
11 11 Digital Transformation: Design & Manufacturing Driving data through the product lifecycle v v DESIGN MAKE USE DESIGN & MAKE CONVERGENCE Share shift from siloed legacy solutions to an integrated cloud-based platform
Slide 12: Integration of Adjacent Verticals
12 12 Integration of Adjacent Verticals End-to-end full lifecycle solutions AEC MANUFACTURING M&E § Road § Electronics § Production in the Cloud § Rail § Simulation § XR Experiences § Water § Production Management § Next Gen Content Creation OWNERS
Slide 13: Digital Transformation Creates a Better World
13 13 Digital Transformation Creates a Better World End-to-end digital solutions enable our customers to realize their sustainability goals CARBON WATER WASTE 40% of global emissions ~2 trillion gallons lost 1/3 of waste in developed from buildings each year in the U.S. world from construction 19% o
Slide 14: Digital Transformation Drives TAM Expansion
14 14 Digital Transformation Drives TAM Expansion $62B $78B FY22 FY26 Source: Cambashi FY22 Application TAM Models based on Cambashi FY22 Professions Dataset and Autodesk estimates Global Water Intelligence 2021 figures in addition to internal estimates
Slide 15: Design & Make TAM (FY26)
15 15 Design & Make TAM (FY26) $43B $35B DESIGN TAM MAKE TAM Source: Cambashi FY22 Application TAM Models based on Cambashi FY22 Professions Dataset and Autodesk estimates Global Water Intelligence 2021 figures in addition to internal estimates
Slide 16: Leveraging Key Growth Enablers
16 16 LEVERAGING KEY GROWTH ENABLERS § Business model § Convergence of industries § License compliance DIGITAL MONETIZING TRANSFORMATION THE LONG TAIL
Slide 17: Our Business Model Progression
17 17 Our Business Model Progression Business model evolution enables more customers to access our ecosystems PERPETUAL SUBSCRIPTION TIERED PLANS CONSUMPTION Customers pay significant Customers have flexibility with Customers get further Customers have pay-per-use upfront price for license subscript
Slide 18: Autodesk Platform: Convergence of Industries
18 18 Convergence of Industries Enabling data to flow seamlessly across our applications to third party applications 3rd PARTY DEVELOPERS D&M AEC M&E & PARTNERS ECOSYSTEM Forge Portal Autodesk Platform Autodesk Platform APIs | SDKs | App Store - Forge - Forge Forge Services Forge Data
Slide 19: Non-Compliant User Base
19 19 Non-Compliant User Base Usage, not versions, drives higher probability conversions 11+ 10M SESSIONS IN LAST 90 DAYS 4+ 15M NON-COMPLIANT USERS 2+ 18M ALL VERSIONS 2013-2022
Slide 20: Monetizing the Long Tail
20 20 MONETIZING THE LONG TAIL § Consumption § Platform § Ecosystem DIGITAL LEVERAGING KEY TRANSFORMATION GROWTH ENABLERS
Slide 21: Consumption
21 21 Consumption Flex is our innovative new model that changes how people get what they need MAXIMIZE VALUE FOR LOWERS PRICE OF ENTRY EXPANDS ECOSYSTEM LENDS ITSELF TO OCCASIONAL USERS TO TRY PRODUCTS ACROSS TO NEW CUSTOMERS PROJECT-ORIENTED WORK AND USAGE THE PORTFOLIO
Slide 22: Platform
22 22 Platform Forge powers convergence and acceleration of digital transformation EXTENDING CONNECTING IGNITING MODERN DATA DEVELOPER CLOUD SERVICES EXPERIENCES ECOSYSTEM
Slide 23: Ecosystem
23 23 Ecosystem The flywheel of data and platform creates a vibrant ecosystem of new capabilities D A T A Customers Developer Ecosystem
Slide 24: Autodesk Investor Day 2021
24 24 Amy Bunszel Raji Arasu Creating Customer Value at Accelerating Digital Transformation the Intersection of Products in Architecture & Engineering and Industries Jim Lynch Jeff Kinder AUTODESK Winning in Construction Flexible Business Models INVESTOR DAY 2021 Scott Reese Steve Blum The Growth Op
Slide 25: Trademarks notice
25 25 Autodesk and the Autodesk logo are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders. Autodesk reserves the right to alter pr