Autodesk 2004 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2004 Autodesk annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 96

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96

Cinema production systems for color grading and film finishing, and animation, visualization and streaming
media products. Revenues are derived from the sale of products to post production facilities, film studios,
broadcasters and creative professionals for a variety of applications, including feature films, television
programs, commercials, music and corporate videos, interactive game production, design visualization,
Web design and interactive Web streaming.
In addition to the customers served by our operating segments, our Location Services Division offers
a technology platform designed to deliver location-based applications to wired, mobile and wireless users.
We market our product, LocationLogic, to wireless carriers and network operators around the world.
To support our business strategy, during the last three years, we completed the following acquisitions,
among others: CAiCE Software Corporation (“CAiCE”) in September 2002, Revit Technology Corporation
(“Revit”)inApril2002, the software divisionofMedia100, Inc. (“Media 100”) in October 2001 and Buzzsaw.com,
Inc. (“Buzzsaw”) in August 2001. For more information about the strategic importance of these acquisitions,
refer to Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations”.
We were incorporated in California in April 1982 and were reincorporated in Delaware in May 1994. Our
principal executive office is located at 111 McInnis Parkway, San Rafael, California 94903. Our telephone
number is (415) 507-5000, and our Internet home page is located at www.autodesk.com; however, the
information in, or that can be accessed through, our home page is not part of this Annual Report. Our annual
reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to such
reports are available, free of charge, on our Internet home page shortly after we electronically file such
material with, or furnish it to, the Securities and Exchange Commission (“SEC”). Investors may also obtain
copies of our SEC filings from the SEC Website at www.sec.gov.
PRODUCTS
Design Solutions Segment
The principal product offerings from the different divisions of the Design Solutions Segment are
described below:
Platform Technology Division and Other
The Platform Technology Division and Other accounted for 59% of the Design Solutions Segment
revenues and 50% of overall net revenues in fiscal 2004. The division’s principal product offerings include:
AutoCAD
AutoCAD, which is our flagship product, is a design and drafting platform that automates design tasks
and provides digital tools that can be used independently and in conjunction with other specific
applications in fields ranging from construction and manufacturing to process plant design and mapping.
Architects, engineers, drafters and design-related professionals use AutoCAD to create, view, manage, plot,
share, and reuse accurate, information-rich drawings.
In March 2004, we introduced a new release of AutoCAD. AutoCAD 2005 provides enhanced
capabilities that allow users to better manage and publish sheet sets and communicate project information
for markup and review. Among other improvements, this release enhances the creation and management
of entire sets of related drawings directly inside the application. This release follows the successful launch
of AutoCAD 2004 in March 2003, which took advantage of previous product enhancements and also
included productivity tools and presentation graphics, CAD standards tools and licensing tools for more
efficient software management.
AutoCAD LT
AutoCAD LT is used for 2D drafting and detailing by design professionals in multiple industries who
require full DWG file format compatibility and do not need to customize their software. Users can share, with
security, all design data with team members who use AutoCAD or Autodesk products built on AutoCAD.
3