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Our end markets were broadly consistent with last quarter, with our strongest growth in North America and growth in Europe and APAC impacted by the war in Ukraine and COVID lockdowns in China. Q2 was a strong quarter across products and channels. AUTODESK QUANTITY TAKEOFF COST UPDATEI'll then come back to provide an update on our strategic growth initiatives.ĭebbie Clifford - Chief Financial Officer I will now turn the call over to Debbie to take you through the details of our quarterly financial performance and guidance for the year. Over the coming weeks, months, and years, you will hear a lot more from us about our plans and progress to build a world-class customer experience, catalyze our customers' digital transformation and establish industry-leading platforms for design and make.Īs evidence of the progress we have made already, Fusion 360 flew past 200,000 subscribers during the second quarter and signed its first million-dollar contract, both important milestones and indications of the opportunities ahead. In pursuit of these goals, we announced at Autodesk University last year that we were moving from products to platforms and capabilities and bringing these capabilities to any device anywhere through the cloud. By accelerating the convergence of workflows within and between the industries we serve, we create broader and deeper partnerships with existing customers and bring new customers into our ecosystem. Our steady strategy, industry-leading products, platform, and business model innovation, sustained and focused investment and strong execution are creating additional opportunities for Autodesk. AUTODESK QUANTITY TAKEOFF COST DRIVERSThese growth drivers further cement the important role we play in our customers' digital transformations and increase our confidence in our strategy. ![]() As I said last quarter, the structural growth drivers for our business that were critical to our performance during the pandemic, such as flexibility and agility, continue to support and propel us during this period of elevated uncertainty. Growing commercial usage outside China, Russia, and Ukraine, record bid activity on BuildingConnected, and continued channel partner optimism leave us well placed to achieve our FY '23 goals. Renewal rates were again excellent.Īll of this and our strong competitive performance more than offset the direct and indirect impact of geopolitical, macroeconomic, policy, and COVID-19-related factors. ![]() End market demand remained strong during the quarter, resulting in robust new business activity. Today, we reported record second quarter revenue, non-GAAP operating margin, and free cash flow. Thank you, Simon, and welcome, everyone, to the call. Another Quantity Takeoff benefit is early collaboration between architect and contractor that leads to greater efficiency and reduced risk for owners during construction, at project turnover, and throughout the life of the building.And now I will turn the call over to Andrew.Īndrew Anagnost - Chief Executive Officer AUTODESK QUANTITY TAKEOFF COST HOW TOYou will learn how to visually communicate the various cost impacts on the estimate to the building owner, designers, and other project stakeholders during and beyond the preconstruction phase. This process enables efficient identification and resolution of potential issues. The presentation will highlight the workflow changes inherent when moving from traditional 2D drawings, binders, and spreadsheets to a dynamic, integrated 5D model. We will use a recent case study to show off the ability of Quantity Takeoff to maximize the translation of information from the intelligent models into the contractor's estimate. ![]() AUTODESK QUANTITY TAKEOFF COST SOFTWAREThis class will highlight the use of Autodesk Quantity Takeoff software to streamline the preconstruction process for creating cost estimates based on building information models from multiple sources. ![]()
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