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Autodesk (ADSK)

245.75
-11.40 (-4.43%)
NASDAQ · Last Trade: Apr 5th, 7:04 AM EDT
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Competitors to Autodesk (ADSK)

Bentley Systems BSY -3.16%

Bentley Systems specializes in software solutions for advancing the design, construction, and operations of infrastructure, making it a close competitor to Autodesk in the civil engineering sector. While Autodesk offers a diverse range of applications for architecture, engineering, and construction (AEC), Bentley provides advanced modeling and analysis tools specifically for infrastructure projects, which can make it more appealing for firms focused exclusively on this market. Bentley's SaaS solutions and digital twin capabilities also enhance its competitive stance, especially in large-scale infrastructure projects, allowing them to maintain an edge in that particular niche.

PTC PTC -5.84%

PTC competes with Autodesk primarily through its Windchill and Creo software, particularly in product lifecycle management (PLM) and CAD design solutions. PTC's focus on innovation through technologies like the Internet of Things (IoT) and augmented reality (AR) enhances its offerings, making it a strong contender in the manufacturing and design market. While Autodesk’s strength lies in its user-friendly UI and diverse application range, PTC's deep engineering focus and integration with IoT technologies may attract customers seeking advanced design and operational efficiencies, positioning it as a significant player in this competitive landscape.

SolidWorks

SolidWorks, developed by Dassault Systèmes, directly competes with Autodesk's AutoCAD and Fusion 360, focusing heavily on 3D CAD software aimed at product design and engineering. While Autodesk has a broader portfolio that includes architecture and construction software, SolidWorks is favored for its robust parametric design capabilities and dedicated focus on mechanical design and engineering. SolidWorks benefits from a large user community and integration with other Dassault Systèmes products, which can be advantageous for companies looking for an end-to-end solution. Thus, in terms of CAD focused on engineering, SolidWorks might have a competitive edge in those specific segments.

Trimble TRMB -6.11%

Trimble, like Autodesk, operates broadly in the construction and engineering sectors, providing solutions related to building information modeling (BIM) and construction management. Trimble focuses on merging its hardware products, such as surveying and geospatial equipment, with software capabilities, which might give it a unique selling proposition in the construction market. In contrast, Autodesk primarily offers software-focused solutions. The integration of Trimble's software and hardware for surveying and construction may offer a competitive advantage in delivering comprehensive workflows not provided by Autodesk.