Autodesk 2004 Annual Report Download - page 9

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7
Autodesk, Inc. FY 04
Our Year Ahead
In my letter last year, I said I believed that Autodesk had never been so
well positioned for future growth. That was true then, and it continues to
hold true as we embark on fiscal year 2005. Our product line has never
been better. Last year, we anticipated the release of powerful new ver-
sions of all our major products. We delivered on that expectation, and in
fiscal 2005 we have significant new releases of all major products coming
out at the same time as last year, or earlier. In fact, as you read this report,
we have already started shipping the AutoCAD 2005 family of products.
We also plan to introduce several significant
new products, including the important new
release of Autodesk Civil 3D for our infra-
structure customers and new Linux-based
releases for our media customers. We have
just begun our restructuring efforts and
remain firmly committed to improving
profitability. We’re on track to perform
and execute. In short, I have never been
more enthusiastic as we head into a new
fiscal year. My optimism is based on
several key factors:
• Our strategy is working: Autodesk products
are the worldwide design standard. The
move to 3D represents enormous revenue
growth opportunity with significantly
higher average selling prices.
• Our product portfolio has never been
stronger. Our planned annual product
release cycle focuses on thematic releases
that provide significant improvements in
functionality and integration.
• Our Subscription program continues to be
successful and is an integral component in
our strategy for improving the predictabil-
ity of our business model.
• Our move into lifecycle management is
creating new and exciting opportunities
for us. We’ll continue improving and deliv-
ering design creation, management and
collaboration solutions that offer our
customers significant improvements to
their critical business processes.
The worldwide economy is showing
improvement, with the United States and
Japan looking particularly strong. We have a
great growth strategy that’s bearing fruit
and another fantastic product year ahead of
us. We’re moving to a stronger and more
profitable business model. We have good
reason for optimism as we head into a new
fiscal year.
Fiscal 2004 was a great year. Thank you.
Thank you to our investors, employees,
partners and customers for your contribu-
tions and support. We couldn’t have done it
without you. And I hope you’ll join us as we
continue to seek new opportunities to
deliver the innovation and leadership our
customers count on.
CAROL BARTZ
Chairman, Chief Executive Officer and President