Autodesk

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The digital backbone designing the world around us

The next time you walk through a gleaming new airport, see a skyscraper rise on the skyline, or stream the latest animated blockbuster – think of Autodesk. There’s a good chance its software helped bring that vision to life.

When we talk about digital transformation, we often focus on AI, fintech, or cloud platforms. But one of the most profound shifts is how we design and build the physical world. And Autodesk sits firmly at the centre of that change.

Founded in 1982, Autodesk pioneered computer-aided design. Today, it’s a global leader in software for architecture, engineering, construction, manufacturing, and media. Its tools power everything from smart products to Hollywood films – even space missions. NASA, Disney, Tesla and thousands of small businesses all use Autodesk software.

We first invested in Autodesk in May 2021, drawn by its leadership in AEC – Architectural, Engineering and Construction – a space with huge demand for digital tools, but relatively low software penetration. Autodesk was the first major player to make a full transition to the cloud. Its suite of solutions offers a seamless platform that supports everything from concept to construction.

Just Revit – the industry standard

Its flagship product, Revit, is now the global standard for Building Information Modelling. In fact, it’s become so entrenched that “Revit” is often used generically – the same way “Hoover” is for vacuums or “Google it” used for web search.

What sets Autodesk apart is its business model. Nearly 98% of its $5.3 billion in annual revenue now comes from subscriptions – a model that brings predictability, customer loyalty, and pricing flexibility. This translates to a highly resilient revenue base – across more than 100 million users worldwide – including 95% of Fortune 500 product design companies.¹

The global industry standard

The company also invests in the future offering free educational licenses for students and educators, ensuring the next generation of designers enters the workforce already fluent using Autodesk’s tools.

The broader macro backdrop supports long-term growth. Infrastructure needs are rising globally. Post-COVID workflows increasingly rely on cloud-based collaboration. And Autodesk's platforms support lower-carbon, less wasteful design – a critical requirement for modern developers.

Leading the way with digital twins

Innovation remains a key strength. Fusion 360 incorporates AI-driven generative design, letting engineers simulate dozens of structural options with “digital twins” saving development time and material costs. Its Green Business Studio helps teams assess environmental impact in real time.

Yes, construction is a cyclical sector, and there are competitors seeking to catch-up. But with its market leadership, strong balance sheet, and successful track record in R&D, Autodesk is well-positioned to stay ahead - and, in doing so, deliver durable, long-term value for shareholders.

In a world where everything physical begins digitally, Autodesk is the digital backbone of how the world gets built – and we believe it will continue to deliver long-term value for shareholders.

1. Source- Autodesk, FY 2025 results as at 27 February 2025