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They use AutoCAD to design, fabricate, manufacture countless products - everything from small individual products to basically city-sized projects. It's used by professionals of all types - architects, project managers, engineers, graphic designers, even city planners and construction professionals. This software has been around for almost four decades now. The CAD stands for computer aided design.
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A full transcript follows the video.įeroldi: Autodesk, their flagship product most listeners have probably heard of, it's called AutoCAD. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
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Learn what you need to know about the last few years' results, how switching to the SaaS model changes Autodesk's future opportunities, the biggest risks and yellow flags to watch out for, some of the most exciting growth drivers and unpulled levers, and more. In this week's episode of Industry Focus: Tech, host Dylan Lewis and Motley Fool contributor Brian Feroldi explain what makes this company such a good long-term investment. Autodesk sells a suite of software products that are invaluable for professionals across the board, from graphic designers to architects and more. Follow may not have heard of Autodesk ( NASDAQ:ADSK), but you've probably heard of its flagship AutoCAD. Brian's investing strategy is to buy high-quality companies and then let compounding work its magic. This method, the company says, enables buildings to be built quickly, parts to be produced more accurately, and helps to fill the construction labor shortage.Īutodesk said the robot stuffed shipping container will make its way around Europe this winter.Brian Feroldi has been covering the healthcare and technology industries for The Motley Fool since 2015. The idea is that various robots and printing systems - capable of printing large, usable metal components - can be packaged up in a shipping container and sent from job site to job site.
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This demand, combined with the short supply of qualified workers, has pushed the construction industry to consider new building techniques, including the way parts of buildings are made.Īutodesk's solution to this supposed supply and demand housing crisis is a sort of additive manufacturing "toolbox" for the construction industry, with robots and 3D printing systems coming together in a portable shipping container. The design software company said the goal is to address the skilled labor shortage facing the construction industry, but also to help the industry keep pace with rising housing demands using newer manufacturing principles and practices.ĬNET: Best Black Friday deals 2018 | Best Holiday gifts 2018 | Best TVs to give for the holidaysĪccording to Autodesk, a rising global population will lead to increased demand for buildings.