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    ADSK   US0527691069

AUTODESK, INC.

(ADSK)
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Aligning Value with Usage and Outcomes: Introducing Flex

08/16/2021 | 12:13pm EST

As part of our continued drive to provide customers with flexible purchasing options that align value with usage and outcomes, we are introducing Flex. This innovative new offering merges the benefits of a named user model with the flexibility of pay as you go. Flex will be available on September 24*.

We are one of the first in our industry to offer a consumption model. This model complements our core subscriptions and benefits companies of all sizes. For our existing customers, Flex helps ensure they are maximizing the value of Autodesk products. It also allows existing customers to easily try products in our portfolio they haven't used before. Similarly, with Flex, new customers can try our products at a lower price point - no subscription needed.

Meeting Customers Where They Are

'We can't predict at the start of a year what any design team is going to need for the year. It all depends on what projects come up, so flexibility is key to be able to cater for that requirement without committing to a massive budget ahead of time before you even know what you need.'- Donogh McGrath, Director of Information Security & Vendor Management

Our priority is to enable our customers to achieve great outcomes. This means offering products in ways that fit their unique needs.

We have long envisioned bringing a flexible, pay as you go model to the broader market given the success of our enterprise offerings. As it turns out, our transition to named user has been a great opportunity to learn more about overall usage patterns. It showed us we need an option for users who don't need access to subscriptions every day.

Flex is the obvious answer. The pay as you go model rounds out our offerings. It sits alongside subscriptions, or it can act as a standalone. Furthermore, Flex lowers the barrier to entry for potential new customers. The majority of our products are now available to customers whose introductory or occasional usage might not merit a subscription.

Benefits of Flex & How It Works

With a structure similar to other pay as you go models, Flex is easy to both use and manage. Users can manage as much or as little as they like-setting individual controls for every user or setting up default assignments for a more hands off approach. With the same insights customers have grown accustomed to in a single-user subscription, Flex provides rich data on users and usage.

Flex allows customers to:

  1. Easily try new products
  2. Optimize costs with pay per use
  3. Increase productivity, with faster procurement and less time spent on administration

What's next?

At Autodesk, we are committed to providing innovative, new offerings for customers of all sizes. We have no doubt Flex will be a valued option. We are excited to see how both new and existing customers will use Flex to design and make a better world.

To learn more about Flex, visit www.autodesk.com/flex.

Disclaimer

Autodesk Inc. published this content on 16 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2021 16:12:02 UTC.


ę Publicnow 2021
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Analyst Recommendations on AUTODESK, INC.
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Financials (USD)
Sales 2022 4 368 M - -
Net income 2022 565 M - -
Net Debt 2022 340 M - -
P/E ratio 2022 101x
Yield 2022 -
Capitalization 54 892 M 54 892 M -
EV / Sales 2022 12,6x
EV / Sales 2023 10,4x
Nbr of Employees 11 500
Free-Float 99,7%
Chart AUTODESK, INC.
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Autodesk, Inc. Technical Analysis Chart | ADSK | US0527691069 | MarketScreener
Technical analysis trends AUTODESK, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 257,66 $
Average target price 329,38 $
Spread / Average Target 27,8%
EPS Revisions
Managers and Directors
Andrew Anagnost President, Chief Executive Officer & Director
Deborah Lynn Clifford Chief Financial Officer & Executive Vice President
Stacy J. Smith Non-Executive Chairman
Venmal Arasu Chief Technology Officer
Mary T. McDowell Independent Non-Executive Director
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