Autodesk celebrates business model transition

Autodesk had a very good 2019, thanks primarily to the work it has been doing in construction and AEC. But also the company says they have successfully made the transition to their subscription business model, grew their cloud-based services by a convincing percentage, and demonstrated they’re in a position to add growth.  A good argument for subscription: now that the transition to subscription is mostly complete, Adobe’s revenues have rebounded and are now higher than they were previously. (Source: Autodesk financial data)   The company saw a year over year 22% increase of total net revenue to $899.3 million and the