Autodesk 2003 Annual Report Download - page 3

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Autodesk continued to build its leadership position
in the design technology space in fiscal year 2003
through sound business practices and a strong
portfolio of innovative, customer-centric products
and services. Although the year was defined by a
challenging global economic environment,
Autodesk held its ground. We protected your
investment in us by making careful decisions about
how to run our business today, and by laying the
groundwork for growth and success tomorrow.
During fiscal year 2003 the corporate spending
environment in the industries we serve was the
toughest we’ve seen in a long time. Even for products
with rapid returns on investment (ROI) like ours,
customers carefully scrutinized every purchase and
reduced spending across the board. Despite the
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Autodesk, Inc. FY 03
Fiscal 2003 Overview