Question-and-Answer Session
[Operator Instructions]. We'll to go Richard Davis with Needham & Company.
Richard Davis - Needham & Company
Hi, thanks very much. Just wanted to ask you, now that you've have added in Ansoft we've tried to kind of put paper to pencil and think about the total addressable market. And I guess one way we've looked at is kind of maybe total addressable seats and conservatively range as probably from $5 to I don't know maybe $15 million potential seats and then you have to make some assumption on proceed pricing. But as the thought process, is that roughly analogous as to how you're thinking about it because we've come up with kind of an addressable market from anywhere from $10 to $30 billion?
James E. Cashman III - President, Chief Executive Officer and Director
Well, that's a portion of it, but its actually maybe longer term or the smaller portion. So yes, the increase in number of potential users is one element, but then to mention I guess the loss in that is the number of potentially use it shows. And in that particular case since the people are fighting to clock, as I mentioned on some earlier... in earlier quarters, we've got some places where individually users are using 20, 30 and sometime even over 100 seats simultaneously.
So to get one element by the number of users, but what are they actually trying to do in most cases they're trying to look at increasing number of alternatives, look at innovative configurations that maybe they never took the time, to look at before or basically because it hasn't been invented yet and then basically saying, I want to do a lot of things in parallel to raise the clock and get to market more quickly. So, like I said... maybe that's over gilded [ph] the increase in the number potential users definitely, but increasing... changing the way they use it, also a big element.
Richard Davis - Needham & Company
Got it. And then our conversations with other companies, public and private is that demand is driven more by kind of what you are touching on which is help me do my job better, and therefore functionality in speed of processing is critical, but that's the key thing, but the less important thing is, I mean connectivity is obviously important, but are you finding that feature functionality is still the most important driver for purchase decisions?
- To read the full transcript on Seeking Alpha, click here »



