When design-software maker Autodesk
Over the past few years, the firm has maintained an annual release cycle for its products. This approach not only keeps Autodesk ahead of the competition, but also helps it boost revenues. Its sales increased 17% in the first quarter to $509 million. Because of the company's stock-option investigation, however, Autodesk made no disclosure regarding net income.
Aside from Japan, all geographic regions and product lines posted strong growth. It shouldn't be surprising that the company's robust 3-D business has given Autodesk a big boost. Its core products -- the Inventor, Revit, and Civil 3-D software lines -- posted sales gains of 19% to $106 million.
Why is 3-D so important? The software allows engineers to model a product or structure without making a physical prototype. This process is not only more cost-effective, but also allows for improved features and quality.
Energy efficiency may be another benefit. Autodesk's software makes it possible to track dynamic changes in materials and measure how much energy they will use.
It's tough for leaders to transition to a new technology. Yet Autodesk seems to have beaten the odds, boasting a strong offering compared to Parametric Technology
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