Autodesk: Revenue Growth Driven By Transition To Direct Sales

Jul. 18, 2022 11:32 AM ETAutodesk, Inc. (ADSK) StockADSK2 Comments
Khaveen Investments
7.74K Followers

Summary

  • We determined the company's revenue growth drivers, the key growth driver being its transition towards its direct sales channel with the highest average revenue growth of 22.3% (5-year average).
  • We also believe its growth could continue to be supported by its AEC and AutoCAD product growth as it released new product enhancements and extended its collaboration with large customers.
  • As it expands internationally, we believe the Asia Pacific region could also support its revenue growth as it released its Construction Cloud solution and rising BIM penetration rates in the region.

Autodesk Canada office in Toronto

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Based in California, Autodesk, Inc (NASDAQ:ADSK) is a software company specializing in CAD software. We analyzed the company as its average revenue growth had accelerated in the past 5 years from 7.91% (10-year average) to 17.2%. We looked into its revenue

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Khaveen Investments is a global Investment Advisory Firm dedicated to serving the investment needs of clients worldwide including high-net-worth individuals, corporations, associations, and institutions. We provide comprehensive services ranging from market and security research to business valuation and wealth management. Our flagship Macroquantamental Hedge Fund maintains a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries. We employ a multifaceted investment approach that integrates top-down and bottom-up analysis, blending three core strategies: global macro, fundamental, and quantitative. Our core expertise lies in disruptive technologies that are reshaping the landscape of modern industries including Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT).www.khaveen.com

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