I really don’t want to even think about this. The destruction these types of self centered idiots bring in their wake has to be seen to be believed. No longer can a company make long term plans because now some group who takes over part of the company gets to dictate to long term investors and CUSTOMERS. UGS was saddled with two groups of people like this and they made decisions based on what made their short term goals look good to their investors at the expense of future growth to realize short term gains. Kind of like an engineer starts a company and understands what it’s value is to customers and what has to be done to make customers first and foremost happy since they fund the business. He dies and the banker idiots take over and all they see is profit potential by eliminating “waste”. So the creativity the engineer brought to the table as well as the understanding of what things were important to do even if they did not result in immediate profits is replaced by people of myopic vision who can count but they can’t create.
Read it and weep. http://worldcadaccess.typepad.com/ March 21 2016
Carl Bass understands completely the peril this represents to Autodesk but his hands are tied. Autodesk will now in part be told what to do and how to do it by people who only understand running up stock prices so they can sell out before the results of the policies they force into being harm or destroy the company they do this to. I have no idea where this will end up nor who will get canned in the inevitable upcoming house cleaning as dead wood according to people who know nothing about Autodesk wield the axe. That will also be manifested in software that is not immediately profitable too I suppose. I would also imagine that development will slow down because some of that after all is future oriented with results that may not be seen for years. Autodesk is now going to be beholden to quarterly must make more money at any cost idiots. We users of Autodesk products who must plan in terms of years will be shackled to 90 day time frame destroyers of companies.
I have to wonder how much of this onerous anti-customer profitability subscription stuff is because these guys have forced it. I still believe in Bass but just like I watched with Karsten Newbury and Don Cooper the very best forward looking talent can and will be countermanded if the wrong people get to be in charge. Carl talks about the philosophy of long term investors and institutional make a quick buck investors like these hostile new people are in the World Cad article. Now the word hostile is not what he used it is what I use. I think it is accurate since they do not care about our future other than we will send them more money.
It is depressing to think such a fine thing as HSM, which is the reason I am here after all will be subject to these people who make no chips, write no software and have no clue what we customers value will determine in part or over time in whole what we get. There will be indications as we go forward as to what will be the result. Sadly though for the first time I have to question if permanent seats will be forever as promised to current holders. I HOPE Carl Bass can convince these people to be prudent about what is done. I think subscriptions only were done against his advice though and expect he will be ignored in other ways to.