Cadence Design Systems Strengths, Domain Expertise, and Key Differentiators
Cadence enables global electronic design innovation and plays an essential role in the creation of today’s integrated circuits and electronics. The company develops software used to design chips and printed circuit boards, as well as intellectual properties (IP) covering a broad range of areas, including interfaces, memory, analog, SoC peripherals, data plane processing units, and verification. Cadence produced excellent financial results and continued innovating with the launch of nine new products, including Genus Synthesis, Innovus Implementation, the Palladium Z1 Enterprise Emulation Platform, and the Tensilica Vision P5 processor.
Cadence delivered the next-generation Virtuoso platform which offers designers an average of 10X performance and capacity improvement across the platform. The platform includes new technologies within the Cadence Virtuoso Analog Design Environment (ADE) and enhancements to the Cadence Virtuoso Layout Suite to address requirements for automotive safety, medical device, and the Internet of Things (IoT) applications.
Cadence is a Member of the Google Cloud partner network. The Google Cloud partner network enables members to help customers innovate faster, scale smarter, and stay secure. The Technology Partner track of the Google Cloud partner network allows companies to offer new solutions to customers and partners that are powered by the Google Cloud. Cadence is leveraging our Member status to develop roadmaps for future integration with the Cloud-Hosted Design Solution. Currently, with Cloud Passport, customers can host cloud-ready software and a cloud-based license server in their own Google Cloud account.
Cadence offers a portfolio of cloud solutions that have been developed and matured over many years. Their offerings support companies large and small, those seeking a solution for peak demand for a particular area, those looking for a completely cloud-based design flow, those companies with no cloud experience, as well as the pioneers who have learned what it takes to properly provision a cloud environment. The portfolio includes the Cadence CloudBurst Platform Cadence Cloud-Hosted Design Solution Cadence Palladium® Cloud Solution Cadence Cloud Passport model. With endorsements from industry leaders such as TSMC and Arm, and worldwide deployments at many customers utilizing cloud platforms from Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, Cadence is enabling the electronics industry to boost design and verification productivity.
Cadence Design Systems Recent Developments
In October 2021, Cadence Design Systems, Inc., released Cadence® Integrity™ 3D-IC platform, the industry’s first comprehensive, high-capacity 3D-IC platform that integrates 3D design planning, implementation and system analysis in a single, unified cockpit. The Integrity 3D-IC platform underpins Cadence’s third-generation 3D-IC solution, providing customers with system-driven power, performance and area (PPA) for individual chiplets through integrated thermal, power and static timing analysis capabilities.
In August 2020 Cadence Design Systems introduced the Cadence XceliumTM Logic Simulator, enhanced with machine learning technology (ML), called Xcelium ML, to increase verification throughput. Using new machine learning technology and core computational software, Xcelium ML enables up to 5X faster verification closure on randomized regressions.
Using computational software and a proprietary machine learning technology that directly interfaces to the simulation kernel, Xcelium ML learns iteratively over an entire simulation regression. It analyzes patterns hidden in the verification environment and guides the Xcelium randomization kernel on subsequent regression runs to achieve matching coverage with reduced simulation cycles.
Cadence’s Xcelium Logic Simulator provides best-in-class core engine performance for SystemVerilog, VHDL, mixed-signal, low power, and x-propagation. It supports both single-core and multi-core simulation, incremental and parallel build, and save/restart with dynamic test reload. The Xcelium Logic Simulator has been deployed by a majority of top semiconductor companies, and a majority of top companies in the hyper-scale, automotive, and consumer electronics segments.
Cadence strategy is called System Design Enablement (“SDE”), which provides the technologies necessary for their customers to develop a complete and functional electronic product. Cadence SDE strategy enables one to address the growing trends of electronic systems companies developing their own ICs as part of their end product systems, as well as semiconductor companies delivering greater portions of the systems into which their IC products are integrated.
Cadence was the first major electronic design automation (EDA) company to register with Amazon Web Services (AWS) Partner Network. The Amazon Partner Network (APN) recognizes technology and professional services firms that are working to enable their customers, partners, and industries in the cloud.
Cadence is currently recognized as an Advanced Technology Partner. As a Microsoft Partner, Cadence is positioned to help customers interested in leveraging Azure to enable engineering productivity. Through the Cloud-Hosted Design Solution, Cadence offers a fully-managed design environment powered by Azure. With Cloud Passport, customers can host cloud-ready software and a cloud-based license server in their own Azure account.
In April 2019, Cadence Design Systems launched the Cadence CloudBurst Platform for hybrid cloud environments, providing customers with fast and easy access to pre-installed Cadence design tools in a ready-to-use cloud environment built on either Amazon Web Services (AWS) or Microsoft Azure. The new platform is the latest addition to the Cadence Cloud portfolio, and this continued innovation further advances Cadence’s leadership position in cloud-based offerings for semiconductor and electronic system design.
Cadence Design Systems Mergers and Acquisitions (M&A) Activities
In 2021, Cadence has acquired both Pointwise and NUMECA, two companies specializing in multi-physics simulations and specifically computational fluid dynamics.
In January 2020 Cadence has acquired AWR Corporation from National Instruments Corporation. The addition of AWR’s technologies and talent will further expand Cadence’s reach into 5G RF communications and support system innovation for the aerospace and defense, automotive, and wireless market segments.
Cadence Design Systems Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Cadence Design Systems applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Cadence Design Systems and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Cadence EDA in the Cloud, customers.
Cadence Design Systems Overview
Ownership: - NASDAQ: CDNS
Number of Employees: 9300
Key Verticals: Aerospace and Defense, Automotive, Communication, Construction, Consumer Packaged Goods, Federal Government, State and Local Government, Public Safety, Healthcare, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Cadence Design Systems Key Enterprise and Cloud Applications
Cadence EDA in the Cloud,
Cadence Design Systems Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Cadence Design Systems Revenue Breakdown By Type, $M:
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Cadence Design Systems Enterprise Applications Revenues By Functional Markets, $M:
Cadence Design Systems Enterprise Applications Revenues By Verticals, $M:
Cadence Design Systems Revenues By Region, $M
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Cadence Design Systems Direct vs Indirect sales
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Cadence Design Systems Customers - Breakdown by Geo, Size, Vertical and Product
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Cadence customers include electronics systems and semiconductor companies, internet infrastructure and service companies, and other technology companies that develop a wide range of electronics products and services in a number of market segments, such as mobile and consumer devices, communications, cloud, and data center infrastructure, personal computers, automotive systems, medical systems, and other devices. Among their customers are: Cypress Semiconductor Corp., Tezzaron Semiconductor, Faraday Technology Corporation, Toshiba Corporation.
Among its customers are Fairchild Semiconductor, NXP, PMC-Sierra, Seagate, Open-Silicon, Nvidia, MCCI Corporation, X-FAB Semiconductor, GLOBALFOUNDRIES, Hitachi, SiriusXM, Freescale, RushC, Cavium, Tejas Networks, National Instruments, Nexus Technology, Allegro Microsystems, Ericsson, Open-Silicon, STMicroelectronics, Dialog Semiconductor and many others.
Cadence Design Systems Market Opportunities, M&A and Geo Expansions
Integration of Jasper’s solutions with Cadence’s connected debug analysis and software and hardware verification platforms will improve customers’ ability to leverage Cadence’s unified verification planning, metric-driven verification flow, and extensive dynamic and formal Verification IP portfolio for embedded processor system verification.
Whit the acquisition of Rocketick Technologies, Ltd., Cadence accelerated Incisive Enterprise Simulator to provide up to 6X speed-up for register-transfer-level (RTL), up to 10X speed-up for gate-level functional and up to 30X speed-up for gate-level DFT simulations using standard multicore servers.
Cadence Design Systems Risks and Challenges
Cadence must comply with regulations of the United States and of certain other countries in selling or shipping their products and transferring their technology outside the United States and to foreign nationals. Changes in these regulations or restrictions due to changes in trade relationships with the United States, including new tariffs, trade protection measures, import or export licensing requirements, sanctions, trade embargoes and other trade barriers, could harm Cadence's business, operating results or financial condition.
Cadence seems to have fared well during the pandemic. Its latest quarterly results showed a 10% rise in product revenues and the outlook for the third quarter was a slight rise in sequential growth. The remaining question is whether its momentum will continue despite the fact that some of its hightech customers could see a deceleration and the ongoing trade dispute between China and the US could lead to additional export restrictions for Cadence's chip design hardware and software offerings, which have become more loaded with national defense and security implications than ever.
Cadence Design Systems Ecosystem, Partners, Resellers and SI
Cadence generally markets its products and provide services to existing and prospective customers through a direct sales force consisting of salespeople and applications engineers. Cadence also uses a third-party distributor to sell its products and services to certain customers in Japan. Cadence has 52 sales offices, design centers, and research and development facilities, approximately 70% of which are located outside of the United States.
Cadence Design Systems Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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