It's the future, don't you know
Autodesk ceo Carl Bass responds to a question from a financial analyst during this week's quarterly conference call. Comments are edited for brevity and clarity.
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Financial Analyst: You have some very interesting things to say about your future architecture with the Quantum project. There are numerous references to what you talked about as a common data environment, new [software] architecture, and so forth.
Carl Bass: This goes back a number of years, we have firm belief that engineering software is going to move to the cloud -- all design and engineering software will be in the cloud. We started to demonstrate that with the number of products we talked about some, like BIM 360. We’ve shown kind of the basic architecture with products like Fusion 360, and how they take advantage of the connectivity and the compute power of the cloud.
As I have said before, while everybody is rightfully focused on the business model transition of our existing business and how we are using it to attract new customers, what I think people will be surprised as you look out the next couple of years, is the size of the cloud business that we build, and how we really expands our TAM [total available market].
I have talked in the past about it being a place for collaboration, as well as giving access to virtually unlimited amounts of compute power, which is something our users demand, and so it’s just a natural fit. It's unusual that engineering has been one of the slowest to move to the cloud, but we see lots of evidence of hitting the tipping point, not just in the U.S. but other places in terms of customers willingness to adopt it.