Autodesk Reports Strong First Quarter Results, says the press release.
Autodesk co-CEO Amar Hanspal:
Broad-based strength across all subscription types and geographies led to another record quarter for total subscription additions and a fantastic start of the new fiscal year. Customers continue to embrace the subscription model, and we’re expanding our market opportunity with continued momentum of our cloud-based offerings, such as BIM 360 and Fusion 360.
Autodesk co-CEO Andrew Anagnost:
We’re executing well and making significant progress on our business model transition as evidenced by our first quarter results. We’re starting the year from a position of strength and are excited to kick off the next phase of our transition when we offer our maintenance customers a simple, cost effective path to product subscription starting next month.
Thanks to this fantastic progress into the exciting new customer-embraced rental-only business model, Autodesk has now recorded eight successive …
I’m no financial analyst, so I’ll just leave these graphs here for your own interpretation. They show the profit/loss numbers for two software companies beginning with A that have abandoned perpetual license sales and gone all-subscription (rental).
Among other significant differences, one company went with very low rental prices while the other has extremely high rental prices. How have these differing strategies played out for Adobe and Autodesk? Green shows profit; red shows loss.
Adobe moved to the all-rental model earlier than Autodesk. The Autodesk graph therefore covers a shorter period than the Adobe one. Feel free to slide the Autodesk one along to the point you think best matches the equivalent point in the Adobe timeline.
This is a revised version of the Autodesk license costs options – summary post, where I examined various payment options for CAD software and compared them with the cost of staying on your Autodesk maintenance contract long-term. This version is based on limited new information from Autodesk. While this post can be read alone, to better understand the context you may wish to check out that summary and the preceding posts in the series:
1. Autodesk license costs options 1 & 2 – stay on maintenance, subscription now
2. Autodesk license costs options 3, 4 & 5 – bait and switch
3. Autodesk license costs options 6 to 10 – abandon maintenance or Autodesk
4. Autodesk license costs options – summary
In this post, I will examine the validity of the various assumptions I have …
Note: an updated version of this post is available, using new costing information from Autodesk that was unavailable when this original summary was written.
In this series of posts, I have examined various payment options for CAD software and compared them with the cost of staying on your Autodesk maintenance contract long-term.
In this fourth and final post, I will examine the validity of the various assumptions I have made; lay out all the data with best/worst options lists; provide combined graphs; and sum up.
However, that means this is a very long post. I want to ensure one essential point doesn’t get lost, so I’ll state it right up front. I will fully justify it later with objective evidence, but for now, here it is:
DO NOT switch from maintenance to subscription.
Just don’t do it. It makes no sense to do it on any level. You …