Welcome to Autodesk University, and welcome to this special session for our investor community. By now, you've had a chance to hear all our exciting product, platform, and partnership announcements from AU, and has reinforced your understanding of how Autodesk is helping its customers fully realize the benefits of digital transformation, and how our platform will empower them to be even more productive, more profitable, and ultimately drive more sustainable outcomes. I want to show you how the Autodesk Platform underpins that transformation and can help our customers achieve better outcomes by connecting people, processes, and technology. Amy Bunszel, our Executive Vice President for AEC, will share with you details on how we're leading with BIM and accelerating digital transformation for Architecture, Engineering, and Construction Industries. Just to level set, the Autodesk Platform consists of three industry clouds.
Autodesk Fusion for manufacturing, Autodesk Flow for media and entertainment, and Autodesk Forma for architecture, engineering, and construction. The fourth component is Autodesk Platform Services, which is formerly known as Forge. Autodesk Platform Services provides access to our capabilities and data through APIs and more than 3,000 apps in our marketplace. These same APIs and SDKs are also used by our industry clouds. What makes the Autodesk Platform one of a kind is that it includes capabilities across the entire life cycle from plan to operate for our three industries, and also for the infrastructures we serve that include transportation, building, water, and industrial. Convergence is happening across these industries, and we are uniquely positioned to help our customers realize the gains. We share a vision for the future with our customers.
Their path to digital transformation will be focused on a few key areas for the next five-10 years. One, they create and collect a lot of valuable data. Their customers do too. They want to derive intelligence from that data in near real time. This is key to their digitization. Two, they are committed to sustainability. What they build and how they build will have the biggest impact on decarbonization and sustainability goals around the world. Now they need to operationalize it. Third, like every other industry, they want to amplify the productivity of their teams. We meet their needs by delivering the following outcomes, connected data, connected teams, and connected workflows. These connected three categories will power digitization for our customers.
While the platform's capabilities power our industry clouds of the future, there is a lot that will be realized today and in the near future through our current products. Capabilities like trust and regionalization, helping us operate globally, helping us consistently meet customer service level objectives, helping us reduce friction in the products that customers use every day. These capabilities will deliver customer value through a trusted platform for the products of today and the industry clouds in the future. Now let me walk you through the outcomes starting with connected data. Point-to-point solutions where data must be moved or data must be prepared between products and workflows will just not scale. We are building a common data core that will get rid of these handoffs. It will leverage the power of cloud to deliver real-time, always on, and always available experiences.
It is the digital thread that'll unify and connect the entire project life cycle and is foundational to making connected teams and connected workflows possible. A common data core will enable access to granular data. Which means our customers can securely share just the right amount of data rather than the whole project with their teams, customers, and partners. With this data core, over time, we will move away from files to information models. At that point, the data magic will happen in the background. Files will go away, handoffs will not be needed, and our customers can share the right data with the right team member instantaneously and securely. As this data core gets bigger, Autodesk Platform will provide intelligence like insights on product, project, and usage. It will simulate and predict. It will provide design alternatives to best meet the outcomes.
With this intelligence, our customers will be able to consistently meet their goals around outcomes like sustainability. Intelligence will help increase the time they spend on important matters, and it'll help them improve profitability through early risk mitigation and reduced costs. Let's talk about connected teams. Increasingly, linear ways of working is evolving to radial ways of working, where everything is connected, everyone is connected, and there is concurrency in the system. This allows our customers to start digital and stay digital through the entire life cycle of their projects. Architects, engineers, and general contractors can all bring up their projects and see the same information through every product in a portfolio while they might be remotely located anywhere in the world. We already do this in the digital world, and it can be achieved in the physical world as well.
As we adopt the common data core more and more through our products and industry clouds, we'll enable radical ways of working between disciplines and across industries, making real-time collaboration, team productivity, and change management so much easier. Another important aspect of connecting teams is to provide anywhere, anytime adaptive experiences. Today, some of our flagship design applications run on desktop with a good amount of horsepower. As we move more and more data to the common data core, we can deliver hybrid thin clients that can run on any device. So you can interact with our products through web, desktop, mobile, or a tethered device. Immersive remote collaboration is already happening in our products like The Wild. Teams engage with each other and their clients remotely during design phase through an immersive visualization experience.
Hybrid thin clients will enable collaboration with anywhere, anytime experiences that are tailored to that discipline.
Now let me talk through connected workflows, which I believe is gonna be a game changer. At Autodesk, we strive to be the trusted partner that completes our customers' critical workflows. We wanna reduce their efforts in integrating and maintaining point-to-point solutions and having to train employees and manage access to the abundant number of products out there. Our strategy has been to systematically build, acquire, and partner to complete the critical workflows of our customers. Let me give you a few examples. Let me start with acquisitions we have made to complete our customer workflows. Spacemaker for early-stage building design, The Wild for next-generation collaboration for designers and builders, Moxion for moving beyond post-production to production in M&E, and ProEst for construction estimation. We're constantly partnering with others to provide more value to our customers.
This week, we announced partnership with Epic Games for immersive real-time experiences in AEC, Ansys for electronic simulation, and Schneider Electric for electrical engineering design. We build technology in-house, like Tandem to help customers with IoT and digital twin technology, thus completing their project life cycle with operate. Completing our customers' critical workflows is key to how we partner, acquire, and build our portfolio. While we wanna do it all, we know we will always have to be open to the last 20% or more where our customers will want extensibility and personalization to meet their own unique needs. This extensibility could be to incorporate non-Autodesk products, such as a Rhino to Revit connector that we announced this week. In some cases, it could be a design and manufacturing company that might wanna bring in industrial construction tech into their workflow.
In some cases, our customers will wanna integrate with the back office technologies. This is possible through Autodesk Platform Services, which delivers Autodesk capabilities and data through SDKs and APIs. These services also give access to third-party developers and partners in our ecosystem who can help customers personalize their workflows. That's access to eight times more developers than what we have within Autodesk. Today, we are taking a combination approach of continuing to increase customer value through subscriptions while providing them more flexibility in when and how they consume it through our flexible consumption models. That is the same approach we will take in everything we do with Autodesk Platform.
A lot of what you heard from me, such as making data fluid, granular, helping our customers digitize current and new workflows, built on a global trusted platform, will all enhance the value of subscription for both our current products and industry clouds. AI and machine learning on this data delivers higher value intelligence, which can be a new opportunity for Autodesk through flexible consumption. That translates into improved productivity, profitability, and better outcomes for our customers. None of this is set in stone. We will learn and iterate through it. To summarize, Autodesk Platform will deliver connected data, connected teams, and connected workflows for our customers while continuing to deliver that through a trusted platform. Now let me pass you over to Amy to talk about the importance of all of this and other AU announcements in the AEC space. Thank you.