According to Bloomberg during its last fiscal year, Autodesk spent 25.4 percent of net sales on research and development, the largest percentage among U.S. software or Internet companies that have a market value above $5 billion and an annual R&D budget of at least $300 million. In the most recently reported 12-month period, it spent $525.5 million, or 26.7 percent of its sales, on R&D.
On the subject of cloud computing Bloomberg quotes Paul Sullivan of Autodesk as saying that “We are devoting a larger percentage of our R&D budget to cloud computing, with a significant portion of our new product investments going toward products that are cloud-enabled. We expect that all of our major products will be available in the cloud within the next three years.” AutoCAD WS, AutoCAD in the cloud, was released last year. Autodesk has recently announced Autodesk Cloud.
Comments