Synopsys Investor Meeting

Transcription

1 Synopsys Investor Meeting Lisa Ewbank VP, Investor Relations September 17, Synopsys, Inc. 1

2 Forward-Looking Statements This presentation contains forward-looking statements under the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, including statements regarding projected financial results and longterm growth rates. For a discussion of important factors that could cause actual results to differ materially from those in such statements, see the section entitled Risk Factors in Synopsys most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K. Regulation G In addition to financial results prepared in accordance with Generally Accepted Accounting Principles, or GAAP, this presentation will also contain certain non-gaap financial measures. Except for certain forward-looking non-gaap financial measures for which a reconciliation is not possible without unreasonable efforts, reconciliations of the non-gaap financial measures contained in this presentation or given orally to their most comparable GAAP measures are included in the third quarter fiscal 2015 earnings release and financial supplement, dated August 19, 2015, and available on Synopsys' website at Synopsys, Inc. 2

3 Agenda Aart de Geus, Chairman and co-ceo Synopsys Overview and Strategy Dave DeMaria, VP, Corporate Marketing 2015 New Product Highlights Andreas Kuehlmann, SVP and GM, Software Integrity Group Synopsys Software Quality & Security Strategy Q&A 2015 Synopsys, Inc. 3

4 Synopsys Overview and Strategy Aart de Geus, Chairman and co-ceo 2015 Synopsys, Inc. 4

5 2015 Synopsys, Inc. 5

6 2015 Synopsys, Inc. 6

7 Revenue TTM Rev.: $2,194M '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 ' Synopsys, Inc. 7

8 Revenue IP Integrity New TAM: Emerging leader #2 in market segment Broad, high-quality portfolio TTM Rev.: $2,194M Industry Leader Solid profitability and cash generation EDA Market segment leader Technology leader New products Committed to building long-term shareholder value Diversifying into higher-growth adjacency '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 ' Synopsys, Inc. 8

9 2015 Synopsys, Inc. 9

10 2015 Synopsys, Inc. 10

11 2015 Synopsys, Inc. 11 Internet of Things

12 The Apps The Cloud The Fog The Edge 2015 Synopsys, Inc. 12 Internet of Things

13 Smart Everything Wearables Health Smart Homes Smart Cities Automotive Industrial Automation Finance Internet of Things 2015 Synopsys, Inc. 13

14 Smart Everything Wearables Health Smart Homes Smart Cities Automotive Industrial Automation Finance Internet of Things 2015 Synopsys, Inc. 14

15 Smart Everything Software Integrity Verification Continuum IC Compiler II Advanced IP Internet of Things 2015 Synopsys, Inc. 15

16 2015 Synopsys, Inc. 16

17 2015 New Product Highlights Dave DeMaria, VP, Corporate Marketing 2015 Synopsys, Inc. 17

18 Software Integrity Verification Continuum IC Compiler II Advanced IP 2015 Synopsys, Inc. 18

19 Optimized IP Solutions for IoT Battery Energy Harvesters IoT Devices Software Sensors Processor(s) Storage RF 2015 Synopsys, Inc. 19

20 Optimized IP Solutions for IoT Broadest IP portfolio IoT Devices Interface & Analog IP Sensor Subsystem IoT Platform Processors Memories & Libraries Security IP Bluetooth Recent acquisitions add critical IP Pre-validated IoT platform through TSMC collaboration 2015 Synopsys, Inc. 20

21 Optimized IP Solutions for Automotive ISO Automotive Safety Package Batte ry Sensors Interface & Analog IP Actuators Sensor Subsystem Energy Harvesters Automotive Platform Software Processors Processor(s) Storage Memories & Libraries Security IP RF Bluetooth Broadest IP Portfolio Automotive Safety Certification ASIL B Ready & AEC-Q100 tested 2015 Synopsys, Inc. 21

22 Software Integrity Verification Continuum IC Compiler II Advanced IP 2015 Synopsys, Inc. 22

23 FinFET Designs Growing Rapidly 90nm 65/55nm 45/40nm 32/28nm ~240 FinFET FinFET Designs 14/16/20/22nm 10nm 7/5nm >95% Rely on Synopsys 2015 Synopsys, Inc. 23

24 Synopsys IC Compiler II: Game-Changer in Digital Design V 10X 2015 Synopsys, Inc. 24

25 Productivity Synopsys IC Compiler II: Staying Ahead ICC II 10X Throughput Competitor Industry-leading performance ICC I Competitor Earlier-to-market Before Time 2015 Synopsys, Inc. 25

26 A Year Later Customers Achieving Game-Changing Results 5X Faster < 1 day 2015 Synopsys, Inc. 26

27 A Year Later Customers Achieving Game-Changing Results 5X Faster < 1 day 10X Faster < 1 day 2015 Synopsys, Inc. 27

28 A Year Later Customers Achieving Game-Changing Results 5X Faster < 1 day 10X Faster < 1 day 3-14X Faster Many designs 2015 Synopsys, Inc. 28

29 A Year Later Customers Achieving Game-Changing Results 5X Faster < 1 day 10X Faster < 1 day 3-14X Faster Many designs 4-6.5X Faster Better QoR 2015 Synopsys, Inc. 29

30 Fastest Product Ramp-up in Our History 4 designs > 100 designs! 117 Production Designs 29 Completed Tapeouts 16/14nm 10nm 42 Active Customers 18 Process Nodes 28nm 40nm Early in Multi-year Upgrade Cycle SNUG 2014 Sept Synopsys, Inc. 30

31 Software Integrity Verification Continuum IC Compiler II Advanced IP 2015 Synopsys, Inc. 31

32 Exploding Verification Complexity CPUs Image Processor GPUs HD Video Processor 200M+ Gates 25+ IPs USB OTG MIPI UART NAND Flash SPI SDIO Mobile DDR Display Security Engine HDMI I 2 S I 2 C 1M+ Lines of Manage Complexity & - Verification 2015 Synopsys, Inc. 32

33 Verification Continuum: Game-Changing Platform VCS Simulation 80% of Advanced Designs use Synopsys 2015 Synopsys, Inc. 33

34 Verification Continuum: Game-Changing Platform Virtual Prototyping Debug & Coverage #1 #1 #1 #1 Unified Debug Static & Formal VCS Simulation Emulation Physical Prototyping Fastest Engines Unified Compile VIP, Models & Databases 2015 Synopsys, Inc. 34

35 A Year Later Verification Continuum Virtual Prototyping Debug & Coverage #1 #1 Acquired Atrenta #1 #1 #1 Unified Debug Static & Formal VCS Simulation Emulation Physical Prototyping Fastest Engines Unified Compile VIP, Models & Databases 2015 Synopsys, Inc. 35

36 A Year Later Verification Continuum Virtual Prototyping Debug & Coverage ~200X faster #1 - verification #1 Acquired Atrenta Static & Formal #1 VCS Simulation #1 #1 Emulation Physical Prototyping Unified Debug Fastest Engines New technology and strong growth in Emulation Unified Compile VIP, Models & Databases ~5MHz boot Linux in minutes 2015 Synopsys, Inc. 36

37 A Year Later Verification Continuum Synopsys ProtoCompiler Static & Formal #1 Synopsys New HAPS-80 FPGA-Based Prototyping Solution Delivers Up to 100 MHz System Performance Virtual Prototyping MOUNTAIN VIEW, Calif., Sept. 16, 2015 Debug & Coverage VCS Simulation #1 #1 Emulation #1 #1 Physical Prototyping Unified Debug 100 MHz 1.6B gates Fastest Engines Acquired Atrenta New technology and strong growth in Emulation VIP, Models & Databases Unified Compile Next generation Prototyping HAPS Synopsys, Inc. 37

38 A Year Later Verification Continuum Virtual Prototyping Debug & Coverage #1 #1 Acquired Atrenta Static & Formal #1 VCS Simulation #1 #1 Emulation Physical Prototyping Unified Debug Fastest Engines New technology and strong growth in Emulation VIP, Models & Databases Unified Compile Next generation Prototyping 2015 Synopsys, Inc. 38

39 Synopsys Software Quality & Security Strategy Andreas Kuehlmann, SVP and GM, Software Integrity Group 2015 Synopsys, Inc. 39

40 Software Integrity Verification Continuum IC Compiler II Advanced IP 2015 Synopsys, Inc. 40

41 Shifting Concerns for Product Liability From Blue Screen of Death to Hacked Car Driving Off the Road 1980 s 1990 s 2000 s 2010 s Standalone Applications Internet and WWW Controlled Devices 2015 Synopsys, Inc. 41

42 Shifting Concerns for Product Liability From Blue Screen of Death to Hacked Car Driving Off the Road 1980 s 1990 s 2000 s 2010 s Standalone Applications Internet and WWW Controlled Devices Quality Quality Security Quality Security Safety & Privacy 2015 Synopsys, Inc. 42 $ $ $ $ $ $ $ $ $ $ $ $ $ $

43 Software Megatrends Lines of Code 400M Size of Applications Continues to Grow 100M 40M 145K 2.3M 50K Apollo Windows 1992 Windows 2009 Auto 1981 Auto 2014 SNPS Source: Information is Beautiful 2015 Synopsys, Inc. 43

44 Software Megatrends Worldwide Developer Population (in million) APAC EMEA NAM LATAM Size of Applications Continues to Grow Number of Developers Increases Steadily Source: Evans Data Corp Global Developer Population Survey 2015 Synopsys, Inc. 44

45 Software Megatrends Quality & Security Tools Market (~$B) Size of Applications Continues to Grow 0.9 Number of Developers Increases Steadily Total Market Growing ~20%, Security Growing ~30% Security Quality Source: VDC, Gartner, SNPS research 2015 Synopsys, Inc. 45

46 Software Megatrends HealthCare FSI Privacy Size of Applications Continues to Grow Number of Developers Increases Steadily Total Market Growing ~20%, Security Growing ~30% Automotive Compliance Regulations Start Emerging 2015 Synopsys, Inc. 46

47 Application Security at a High Level Development Deployment Production 2015 Synopsys, Inc. 47

48 Application Security at a High Level Development Deployment Production Automated testing tools used in development and before an app is released Highly scalable Security Built In ~$1B ~30% Security Penetration Testing Human-led testing post development but before installation & production Not scalable ~$2B ~15% Real Time Security Detect and Defend Size & Growth Size & Growth Size & Growth Automated protection tools used postdevelopment and after an app is released Limited scalability and leaky ~$12B ~7% Representative Vendors 2015 Synopsys, Inc. 48 Source: VDC, Gartner, SNPS research

49 Our Business Focus Development Deployment Production Quality Security Built-in quality and security during development Safety & Privacy Quality and security are inseparable Safety and privacy = whole new ballgame 2015 Synopsys, Inc. 49

50 Synopsys Software Integrity: Growing the Business Acquired in February 2014 Organic Development Broader language coverage for enterprise needs Compliance coverage for vertical market penetration Acquired in April 2015 Expand into Dynamic Security Testing World-leading fuzzing technology covering more than 250 protocols Software Component Analysis for finding known security vulnerabilities Acquired in May 2015 Expand into Dynamic Web Application Security Leading in Interactive Application Security Testing Focus on moving security to existing QA process 2015 Synopsys, Inc. 50

51 Growing the Business: Field Execution Trusted Relationship with Existing Customers Dedicated Enterprise Sales Team Leveraging core Synopsys sales team to sell to embedded customers Focused on enterprise customers in key verticals Culture of Close Customer Collaboration Strong International Presence 2015 Synopsys, Inc. 51

52 Mobile / Consumer Devices Enterprise Networking / ISV High Reliability Devices Financial Services 2015 Synopsys, Inc. 52

53 Growing the Business: Driving Software Sign-Off Collaboration with Underwriter Laboratories on Industry-First Cybersecurity Assurance Program Synopsys to Unveil Cybersecurity Collaboration with UL at CodenomiCON USA Synopsys, Inc. 53

54 Ability to Execute Growing the Business: Industry Recognition Synopsys Positioned as Visionary in 2015 Magic Quadrant for Application Security Testing Challengers Leaders 6 August 2015 G *Gartner "Magic Quadrant for Application Security Testing" by Neil MacDonald, Joseph Feiman. August 6, This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Synopsys. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Niche Players Completeness of Vision Visionaries As of August Synopsys, Inc. 54

55 Growing the Business: Industry Recognition Synopsys Provides 4 Critical Technologies in Forrester s TechRadar for Application Security Forrester Research, Inc Synopsys, Inc. 55

56 2015 Synopsys, Inc. 56 Thank You