Public Company Information:
NASDAQ: ADSK
"We are working tirelessly to provide the tools and services that enable our customers to radically improve how buildings and infrastructure are designed and built, and our customers are clearly responding."
SAN FRANCISCO — (BUSINESS WIRE) — In the fiscal quarter ended January 31, Autodesk, Inc. (NASDAQ: ADSK) closed dozens of new and expanded deals across the architecture, engineering, construction, and infrastructure sectors. As Building Information Modeling (BIM) adoption continues to grow globally, more firms in these industries are turning to Autodesk’s software solutions to streamline their workflows.
In the Architecture, Engineering, and Construction (AEC) industry, Autodesk delivered a strong fourth quarter, marking a record year with AEC product suite revenue increasing by 32% year-over-year. The company recorded a significant number of deals exceeding $1 million, including its largest deal to date. Autodesk BIM 360, which offers cloud and mobile services for construction management and jobsite execution, saw particularly high demand and has become one of the fastest-growing products in the company's history.
"Amar Hanspal, Senior Vice President of Autodesk’s Information Modeling and Platform Group, said, 'As architecture firms, contractors, and engineering companies realize the full potential of BIM to enhance every aspect of design and construction, our customers are seeing major improvements in productivity through fewer errors, less rework, and lower costs. Our cloud and mobile services are especially popular because they make BIM accessible anytime, anywhere — from the office to the field.'"
New or expanded partnerships include major players such as AECOM, Black & Veatch, China Communications Construction Company (CCCC), Fluor, HDR Engineering, Qatar Rail, and PCL Construction, among others. These agreements highlight the growing trust in Autodesk’s BIM solutions across the industry.
Turner Construction Company, one of North America’s largest construction firms, has benefited greatly from using Autodesk’s BIM tools, particularly BIM 360 on an Oakland International Airport renovation project. Lincoln Wood, from Turner, said, "BIM 360 Glue is more than just visualization — it supports information collaboration and has significantly improved our efficiency. The mobile app is the next step in field coordination and communication. As a contractor, I believe the field can really leverage this technology in exciting ways."
In January, the European Union issued a directive recommending the use of BIM on public works projects. This follows similar mandates in countries like Australia, Brazil, China, Finland, France, Germany, Hong Kong, Japan, South Korea, Singapore, the UK, and the US.
Contractors have now become the fastest-growing adopters of BIM. According to the 2014 McGraw Hill Construction Smart Market Report, contractors expect BIM to be involved in 50% more of their work over the next two years.
Hanspal added, "There are strong global trends supporting BIM, and Autodesk is leading the way in this transformation. We’re helping our customers unlock the full potential of BIM to collaborate, simulate, visualize, and optimize project outcomes. We're committed to providing the tools and services that help our customers reshape how buildings and infrastructure are designed and built — and they are clearly responding."
About Autodesk:
Autodesk empowers people to imagine, design, and create a better world. From professionals in design, engineering, and architecture to digital artists, students, and hobbyists, everyone uses Autodesk software to unleash their creativity and solve real-world challenges. Learn more at [autodesk.com/BIM](http://www.autodesk.com/BIM) or follow us on [@autodesk](https://twitter.com/autodesk).
*Autodesk, the Autodesk logo, BIM 360, and Glue are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the U.S. and/or other countries. All other brand names, product names, or trademarks belong to their respective owners. Autodesk reserves the right to change product and service offerings, specifications, and pricing at any time without notice. Autodesk is not responsible for typographical or graphical errors that may appear in this document. © 2014 Autodesk, Inc. All rights reserved.*
Contact:
Autodesk, Inc.
Bill Danon, 415-675-8360
bill.danon@autodesk.com
Ralph Bond, 971-238-5352
ralph.bond@autodesk.com
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