Autodesk Is The Tech Industry’s Latent Giant

Autodesk, Inc.(NASDAQ:ADSK) is among the few companies that started with the inception of desktop computers back in the year 1982. It emerged in parallel with the IBM. AutoCAD was its primary program.

John Walker, a programming genius had designed the company as a low-cost design system for microcomputers. However, the company and its programs were never actually a part of the evolving PC industry. Autodesk was used by professionals with comparatively costly products. It ended up being inexpensive with the pricey competition later.

The company has managed to achieve a few things even after straddling the two worlds. Autodesk stood above the technology milieu to an extent that it avoided the collapse of dotcom in the beginning of 2000. The bust hurt all technology companies but Autodesk.

Another thing was that the company had recast itself as an old-time industrial enterprise. It was not perceived as some top-notch tech operation. That is the reason why its stock was cheap, as compared to the more faddish offerings.

Unfortunately, the state of affairs did not stay the same. Autodesk is poised to reign in the next five years. However, the poor economic conditions and the impending fiscal cliff can probably keep the stock under pressure for some time.

There are a few strong reasons to follow Autodesk.

Autodesk is expanding into new arenas of computer-based design with building-information mold –something that is growing pretty fast.

Also, there is the endeavor to shift to software as a service. The company has been keeping a watch on Adobe Systems’ ways of managing new SAS initiatives.  It plans on doing alike.

The approach of Autodesk is a little different since it feels that it can focus on complex calculations that are tough to do on the desktop. This is also a crucial step that the company is planning to take.

Autodesk’s association with the most happening trend in technology is something that can make the company’s stock scale new heights.