The Role of Engineering Tools in the Rise of Smart Connected - - PowerPoint PPT Presentation
The Role of Engineering Tools in the Rise of Smart Connected - - PowerPoint PPT Presentation
Changes, Implications & Insights The Role of Engineering Tools in the Rise of Smart Connected Products Blue Ocean Equities Technology Conference 2016 5 April, Sydney Disclaimer This presentation has been prepared by Altium Limited (ACN 009
2 Fut utur ure pe performance nce - Forward looking statements, opinions and estimates provided in this presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market
- conditions. Forward looking statements including projections, guidance on
future earnings and estimates are provided as a general guide only and should not be relied upon as an indication
- r
guarantee
- f
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- ther known and unknown risks, some of which are beyond the control of
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- pinions and conclusions contained in this presentation. To the maximum
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with or without the assistance of a financial adviser, whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances.
Fina nanc ncia ial l data All dollar values are in US dollars (US$) unless as otherwise presented.
Disclaimer
This presentation has been prepared by Altium Limited (ACN 009 568 772) and is for information purposes only. It does not constitute financial product
- r investment advice or a recommendation to acquire Altium shares and
has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision prospective investors should consider the appropriateness
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the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction. Altium is not licensed to provide financial product advice in respect of Altium shares. Altium, Altium Designer, Altium Vault, Ciiva, Circuitmaker, Circuistudio, Octopart, PCBWorks, Protel and Tasking, and their respective logos, are trademarks or registered trademarks of Altium Limited, or its subsidiaries. All
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Agenda
2
Internet of Things (IOT) & Engineering Tools
3
The Future of the Electronic Design Automation (EDA) Industry
4
Altium is Well Positioned to Emerge as a Leader
1
Introduction to Altium
H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2
2011 2011 2012 2012 2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 4
Sustained Growth & Profitability - Altium’s Financial Metrics
50M 40M 30M 20M
Sale les
$100M $100M
> 30%
30%
EBITDA
Expense Reven enue
$42.6M Revenue
(up 13% pcp)
$46.4M Cash $9.1M
NPAT
(up 35% pcp)
7.12 EPS
(up 26%)
13% CAGR
29,300
Subscribers
(42% of Revenue)
Debt Free
$41.1M Sales
(up 22% pcp)
AU10c
Dividend
(up 25% pcp)
$10.7M EBITDA
(up 6% pcp) EBIT Margin 23% (down
from 26%) *
Altium’s H1 FY16 Financial Metrics
* Includes revenue and costs from acquisitions
5
Altium's Journey - a Long History and a Promising Future 2010 2010
1985 1985
1991
1999 1999
The company was founded by creating the first version of Altium Designer, Protel PCB Altium Launches Protel for Windows - World's first Micros
- soft Window
- ws-based
PCB design system Altium Successfully completes an IPO o
- n
Australian Stock Exchange
2006 006
Altium launches Altium Designer 6, the world’s first Native ve 3D P PCB design software Altium launches Altium m Designer 13 introducing DXP 2.0, its next generation integration platform opening up Altium Designer to third-party developers Altium partners with Dassault Systemes SOLIDWORKS to Deliver a specialized version of its PCB Design Software for SolidWorks users
Now Now
Successful Capital Raising of 44M on ASX
6
Printed Circuit Board Design and Manufacturing Process
PCB Fabri bricati tion PCB Design gn PCB Assemb embly ly Circuit it Design ign
Design Capture Physical Layout Fabrication Assembly
7
Altium Products
Electronic Design
Design Data Management & Collaboration Software Embedded Software Development Tools
3D Printed Circuit Board Design Software Solution
Vault ult
8
Diversity of Applications
Automotive Electronics & High-Tech Life Sciences Aerospace & Defence Consumer- Electronics Semiconductors Industrial Controls Automation Research & Education Mobile Devices & Communications Computers
9
Market Segmentation & Altium’s Product Offering
High-End nd Tools ls - large engineering teams designing complex products
Low-End nd Tools s - simple designs carried out by multi-skilled engineers
Mains instream am Tools s - moderate to high design complexity, carried
- ut by small teams of specialist
engineers
ATINA
X2 X2
16
10
Altium’s Strategy for Market Leadership
Closing Advanced Capability Gaps in High-end PCB Design Maintaining Leadership in Large-scale Transactional Sales Delivering the Next Generation Enterprise Solution with Agility Well Executed M&A Strategy and Partnership Leveraged Sales and a Multi-Product, Multi-Channel Strategy
7 1 2 3 4 5 6
Web-based Collaboration & Smart Workflow Monetization Through Smart Delivery of Content
11
The Altium Advantage
Aligned Leadership Customer Centricity
Core Strengths Competitive Advantages
Enterprising Spirit
Altium’s Secret Sauce
Agenda
2
Internet of Things (IOT) & Engineering Tools
3
The Future of the Electronic Design Automation (EDA) Industry
4
Altium is Well Positioned to Emerge as a Leader
1
Introduction to Altium
13
Mega Trends
Information is Indexed Search & Discovery
1990’s
Web 1.0
Social Networking
2000’s
Web 2.0
People are Networked Internet of Things
2010’s
Web 3.0 Web 2.0
Things are Connected and Intelligent
14
At the Heart of All Intelligent Systems is Electronics Printed Circuit Boards Central to Electronics
Designing Smart Connected Products Desig signing g Smart rt Connected nnected Produ
- ducts
cts
Cloud System Engineering
Cloud application development and Infrastructure management Development of Control Systems in Electromechanical devices
Embedded System Engineering
Creation of high-performance electronic hardware with complex form factor
Elec ectro troni nics Engin inee eeri ring Mechanica nical Engin inee eerin ring
Designing complex objects with sophisticated electromechanical behaviour
Electrical Engineering
Development of wire harness and electrical systems in Electromechanical devices
The Future is Multidisciplinary…
16
Current Generation of Engineering Tools Fall Short
The current model for tool integration is old and has evolved around the notion of “tool-chains”
CAM CAE PLM
MCAD - Mechanical Computer Aided Design ECAD - Electronic Computer Aided Design CAE - Computer Aided Engineering - Analysis and Simulation CAM - Computer Aided Manufacturing PLM - Product Lifecycle Management
17
Gartner’s New Technology Adoption Curve for IOT
TECHN HNOLOGY OLOGY TRIGG GGER PEAK OF INFLA LATE TED D EXPE XPECTA TATIONS IONS TROUG UGH H OF DISILL ILLUS USIONM IONMENT SLOPE PE OF ENLIG LIGHTE HTENMEN MENT PLATEA TEAU U OF PRODU DUCT CTIV IVITY ITY
Gartner's 2015 Hype Cycle for IOT (5-10 years)
Interne rnet t of Things gs
- Benefits better
understood
- New methodologies
developed
- Best Practices
identified
- Startups formed
- Early adopters found
- First generation
products produced
- Next generation
products are produced
- Mainstream adoption
- Unfulfilled
promises
- Only a few
successes
- Scores of
failure
Next Genera eratio ion Engin ineer erin ing g Tools
18
Intelligent Tools are Needed to Build Intelligent Products Syste stem Eng nginee eering ring is at the heart of building intelligent products
- learn from experience
- search for knowledge
intelligently
- enable collaboration
- perate at a higher level of
abstraction
- be context-aware
- minimize chances of errors
Future engineering tools will:
Agenda
2
Internet of Things (IOT) & Engineering Tools
3
The Future of the Electronic Design Automation (EDA) Industry
4
Altium is Well Positioned to Emerge as a Leader
1
Introduction to Altium
20
EDA Industry is at a Crossroad
Chip Design System Design
EDA
21
Financial Strategy Will Determine Success
Support of the investment community is fundamental to success There will be a shake-up within the engineering software industry Those who “win the war” are financed the best!
Agenda
2
Internet of Things (IOT) & Engineering Tools
3
The Future of the Electronic Design Automation (EDA) Industry
4
Altium is Well Positioned to Emerge as a Leader
1
Introduction to Altium
23
Altium’s Roadmap to Transformation
2015 2017 2020 2025
Strong Strategy, Strong Balance Sheet & Revenue Momentum $100 Million Revenue & Further Acquisitions PCB Market Leadership at $150 Million PCB Revenue Emerging as a Global Leader in System Design Automation