San Francisco, California – Autodesk, Inc. participated in Citi’s 2024 Global TMT Conference on September 5, 2024. The CEO, Andrew Anagnost, engaged with conference attendees led by Tyler Radke, Head of Software Equity Research at Citi. Anagnost discussed the company’s future outlook and strategies, highlighting the importance of transitioning to a design and make company. He emphasized the growth potential beyond traditional design services, focusing on expanding into the realm of design, make, and operate services to cater to a broader target market.

During the Q&A session, Anagnost addressed questions about Autodesk’s growth profile, emphasizing the company’s shift towards a more extensive Total Addressable Market (TAM) and the increasing adoption of 3D design tools. He discussed the significance of the construction backlog, highlighting the ongoing projects in various sectors, including data centers and mid-market manufacturing.

Anagnost also touched upon Autodesk’s AI strategy, emphasizing the company’s ongoing investment in AI to enhance productivity and deliver innovative solutions to customers. He outlined the company’s approach to driving efficiency in the sales and marketing functions through the new transaction model. Moreover, Anagnost provided insights into the challenges and opportunities in the media and entertainment business, emphasizing the importance of staying ahead on the technology curve and targeting the mid-market segment with products like Fusion 360.

Overall, Anagnost’s participation in the conference shed light on Autodesk’s strategic initiatives, emphasizing the company’s focus on innovation, market expansion, and driving efficiency across various business segments. The discussions during the conference provided valuable insights into Autodesk’s growth strategies and its positioning in the competitive landscape.