“ProjectReady Enhances Autodesk Construction Cloud® Investment with Autodesk Build Integration”.
May 16, 2023
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Autodesk ($NASDAQ:ADSK), Inc. is an American multinational software corporation that makes software services for architecture, engineering, construction, manufacturing, media and entertainment sectors. The company recently announced an exciting new integration between its Autodesk Construction Cloud® and ProjectReady, a powerful tool designed to provide AEC professionals with enhanced collaboration and project information capabilities. This integration will significantly extend the value of their Autodesk Construction Cloud investment and enable them to use Autodesk Build to its fullest potential. ProjectReady is a modern cloud-based project management solution that provides users with the ability to easily manage and access project information such as documents, drawings, models or any other project related data. It also provides a centralized platform for teams to collaborate on projects and access project-related information quickly and securely.
With this integration, Autodesk Construction Cloud users can now leverage the full range of capabilities offered by ProjectReady, making it easier for them to collaborate on projects and access project information in a more efficient way. The integration between Autodesk Construction Cloud and ProjectReady will enable users to streamline their workflows and improve their collaboration capabilities. It will also provide them with the ability to quickly access project information and documents, creating a more efficient and productive workflow. This new integration will no doubt continue to enhance Autodesk Construction Cloud users’ investment in the platform and provide them with the tools they need to succeed in their project tasks.
Share Price
Monday marked the start of a major investment in Autodesk Construction Cloud®, as ProjectReady announced the integration of Autodesk Build. The integration of Autodesk Build with Autodesk Construction Cloud® promises to bring unprecedented efficiency and collaboration to the construction industry. This development pushed AUTODESK’s stock to open at $193.7 and close at $196.9, up 1.3% from its prior closing price of 194.4. The investment signals the company’s commitment to developing the most advanced technologies for construction professionals.
Autodesk Build and Autodesk Construction Cloud® together will enable more seamless collaboration and streamline the project management process for teams. This will allow for faster and more reliable project execution with better visibility over the entire construction process. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Autodesk. More…
| Total Revenues | Net Income | Net Margin |
| 5k | 823 | 16.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Autodesk. More…
| Operations | Investing | Financing |
| 2.07k | -143 | -1.49k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Autodesk. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.44k | 8.29k | 5.33 |
Key Ratios Snapshot
Some of the financial key ratios for Autodesk are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.2% | 42.3% | 20.3% |
| FCF Margin | ROE | ROA |
| 40.5% | 62.0% | 6.7% |
Analysis
At GoodWhale, we recently examined the fundamentals of AUTODESK and conducted our analysis. We rate AUTODESK as a medium risk investment in terms of financial and business aspects. Our analysis included a Risk Rating score, which is based on a number of key factors, including the company’s financial statements and its business operations. We have also detected 1 risk warning in AUTODESK’s income sheet. This could be a sign that the company is taking on more risk than they can handle. If you are considering investing in AUTODESK, we strongly recommend that you register with us in order to get the full picture. With our analysis, you can make an informed decision on whether or not to take the plunge. More…
Peers
In the world of architectural and engineering design software, Autodesk Inc. is a giant. Its main competitors are Beijing YJK Building Software Co Ltd, Nemetschek SE, and ZUKEN Inc. All three companies offer similar products and services, but Autodesk Inc. has the lion’s share of the market.
– Beijing YJK Building Software Co Ltd ($SZSE:300935)
Beijing YJK Building Software Co Ltd is a leading provider of enterprise software solutions in China. The company offers a comprehensive suite of products and services that enable organizations to streamline their operations, improve their productivity, and reduce their costs. Beijing YJK Building Software Co Ltd has a market cap of 2.21B as of 2022, a Return on Equity of 2.61%. The company’s products and services are used by a wide range of industries, including manufacturing, construction, healthcare, education, and government. Beijing YJK Building Software Co Ltd has a strong focus on innovation and R&D, and has a number of patents and intellectual property rights. The company’s products are distributed through a network of resellers and distributors in China and around the world.
– Nemetschek SE ($LTS:0FDT)
Nemetschek SE is a holding company for a group of companies that develop software solutions for the AEC industry. The company operates in two segments, Architecture, Engineering, and Construction (AEC) and Media & Entertainment (M&E). The AEC segment provides software solutions for the design, construction, and operation of buildings and infrastructure. The M&E segment provides software solutions for the creation, distribution, and monetization of digital content.
Nemetschek SE has a market cap of 5.53B as of 2022 and a Return on Equity of 22.14%. The company’s strong market position and financial performance are due to its diversified portfolio of software products and solutions, which cater to the needs of the AEC and M&E industries.
– ZUKEN Inc ($TSE:6947)
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the largest banks in the world with total assets of over $2.5 trillion. MUFG has a long history dating back to the Meiji period in Japan and is currently one of the leading banks in Asia. The company offers a wide range of financial services including retail banking, corporate banking, investment banking, and asset management. MUFG has a strong presence in Japan with over 3,000 branches and a market share of around 20%. The company also has a significant international presence with operations in over 50 countries.
Summary
AUTODESK has recently extended its integration with Autodesk Construction Cloud (ACC) to include ProjectReady, a modern, collaborative project information tool. This integration enhances the value of AEC professionals’ investments in AUTODESK and Autodesk Build, allowing them to access powerful data and analytics capabilities for project planning, design, and operations. With ProjectReady, users can access the data they need to make more informed decisions and improve the productivity of their projects.
The integration also provides a more unified view of project information across all stakeholders, and gives users real-time insights into project performance. This helps maximize the ROI of their ACC investments and ensures successful project delivery.
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