The Six Five team discusses Synopsys Q4 Earnings.
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Transcript:
Patrick Moorhead: So Synopsys is one of the two beasts in EDA and IP and in fact they’re the number two IP company next to ARM. They had a beat double-digit revenue growth and they recently introduced essentially a generative AI overlay for designers, which Synopsys is not new to AI EDA, but they really layered it up and this isn’t just putting NLP on top of the AI to be able to do this. I interviewed their business unit lead and he was very clear with me. “No, we went all in on generative AI with the data,” and also they’re not using customer data to be able to help another one of their customers competitors here. And I thought that was important. Starts with Azure and over time they’re going to have to move this to likely Google Cloud AWS with likely FedRAMP implementation. But good job Synopsys.
Daniel Newman: Yeah. Absolutely, Pat. Look, some new launches in generative AI, very cool. The engineering challenges of the market are going to be potentially addressed by the company. It’s getting growth across both EDA and its IP portfolio. I think risk growth is going to play a factor in that as well. As we’ve said, and by the way, Synopsys now has found its way into our show three or four times in the last six weeks and that’s because they’re doing interesting things and their results are being validated by these good numbers from this quarter.
Author Information
Daniel is the CEO of The Futurum Group. Living his life at the intersection of people and technology, Daniel works with the world’s largest technology brands exploring Digital Transformation and how it is influencing the enterprise.
From the leading edge of AI to global technology policy, Daniel makes the connections between business, people and tech that are required for companies to benefit most from their technology investments. Daniel is a top 5 globally ranked industry analyst and his ideas are regularly cited or shared in television appearances by CNBC, Bloomberg, Wall Street Journal and hundreds of other sites around the world.
A 7x Best-Selling Author including his most recent book “Human/Machine.” Daniel is also a Forbes and MarketWatch (Dow Jones) contributor.
An MBA and Former Graduate Adjunct Faculty, Daniel is an Austin Texas transplant after 40 years in Chicago. His speaking takes him around the world each year as he shares his vision of the role technology will play in our future.
