Autodesk 2014 Annual Report Download - page 78

2013 Annual Report
2014 Form 10-K 4
FORWARD-LOOKING INFORMATION
The discussion in this Annual Report on Form 10-K contains trend analyses and other forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-
looking statements are any statements that look to future events and consist of, among other things, our business strategies;
anticipated future financial results; the effectiveness of our efforts to successfully manage transitions to new business models
and markets; the effectiveness of efforts to reduce our operating expenses; expected market trends, including the growth of
cloud, mobile and social computing; our belief that the strength of our channel network, technological leadership, brand
recognition, breadth of product line and large installed base are benefitting us as global economies recover; expected trends in
certain financial metrics; our ability to successfully expand adoption of our products; our ability to gain market acceptance of
new businesses and sales initiatives; our ability to successfully increase sales of product suites as part of our overall sales
strategy; our belief that emerging economies continue to present long-term growth opportunities for us; the impact of our
restructuring activities; the sufficiency of our cash to meet our working capital and operating resource expenditure
requirements over the next 12 months; and our ability to generate sufficient future taxable income in appropriate tax
jurisdictions to realize our net deferred tax assets. In addition, forward-looking statements also consist of statements involving
expectations regarding product acceptance, activity related to our stock repurchase program, and short-term and long-term
cash requirements, as well as statements involving trend analyses and statements including such words as “may,” “believe,”
“could,” “anticipate,” “would,” “might,” “plan,” “expect,” and similar expressions or the negative of these terms or other
comparable terminology. These forward-looking statements speak only as of the date of this Annual Report on Form 10-K and
are subject to business and economic risks. As such, our actual results could differ materially from those set forth in the
forward-looking statements as a result of a number of factors, including those set forth below in Item 1A, “Risk Factors,” and
in our other reports filed with the U.S. Securities and Exchange Commission. We assume no obligation to update the forward-
looking statements to reflect events that occur or circumstances that exist after the date on which they were made, except as
required by law.
PART I
ITEM 1. BUSINESS
Note: A glossary of terms used in this Form 10-K appears at the end of this Item 1.
GENERAL
We are a world leading design software and services company, offering customers productive business solutions through
powerful technology products and services. We serve customers in the architecture, engineering and construction;
manufacturing; and digital media, consumer and entertainment industries. Our sophisticated software products enable our
customers to experience their ideas before they are real. Customers are able to imagine, design and create their ideas by
visualizing, simulating and analyzing real-world performance early in the design process by creating and manipulating digital
prototypes. These capabilities allow our customers to foster innovation, optimize and improve their designs, save time and
money, improve quality, communicate intentions, and collaborate with others. Our professional software products are sold
globally, both directly to customers and through a network of resellers and distributors. Additionally, we sell a line of consumer
products for digital art, personal design and creativity, and home design. These products are sold over the Internet and in
various digital storefronts, including the Apple App Store and the Google Play Store.
Segments
We report based on four reportable operating segments:
 Platform Solutions and Emerging Business (“PSEB”), which accounted for 35% of our net revenue in fiscal 2014;
 Architecture, Engineering and Construction (“AEC”), which accounted for 32% of our net revenue in fiscal 2014;
 Manufacturing (“MFG”), which accounted for 25% of our net revenue in fiscal 2014; and
 Media and Entertainment (“M&E”), which accounted for 8% of our net revenue in fiscal 2014.