Cadence Design Systems, Inc. CDNS is riding on robust adoption of its digital and signoff, custom and analog, and IP solutions. Notably, Taiwan-based Global Unichip Corporation (“GUC”) selected the company’s Palladium Z1 Enterprise Emulation Platform. The platform has aided GUC to accelerate its system-on-chip (“SoC”) design processes.

Notably, Cadence Verification Suite comprises JasperGold, Protium S1, Palladium Z1 and Xcelium core engines, among other verification fabric solutions and technologies. The solutions aid customers to enhance design quality along with improving throughput and accelerating time-to-market.

Apart from PalladiumZ1, GUC selected Cadence Xcelium Parallel Logic Simulation, JasperGold Formal Verification Platform and Verification IP (“VIP”) as well. Xcelium Parallel Logic Simulation has enabled GUC engineers to apply complex SoC verification tests. The full debug visibility feature has helped GUC to accelerate verification process by almost 795 times.

The comprehensive Cadence Verification Suite offered GUC engineers with high reliability and greater predictable turnaround times. Robust adaptability to design changes during verification is another notable point.

Customer Wins: Key Driver

Cadence is focusing on providing end-to-end solutions, which rapidly reduces the time required to introduce a semiconductor product in the market. The company is experiencing strong demand for its software —particularly verification and digital design products.

Customers providing datacenter servers, networking products and smartphones continue to invest in new design concepts and projects, consequently enhancing the company’s prospects.

Cadence’s frequent product launches bode well. Notably, the newly launched Legato Reliability Solutionis being leveraged by Infineon IFNNY to accelerate simulation significantly.

In the recent past, the company’s DDR5 test chip achieved 4400 mega transfers per second data rate in Taiwan Semiconductor Manufacturing Company’s TSM 7nm process.

These considerable customer wins and other repeat orders are expected to bolster top-line, going ahead.

To Conclude

Cadence is witnessing significant adoption from aerospace and defense sectors which is a tailwind. Further, increasing investments on emerging trends like Internet of Things (IoT), augmented and virtual reality (“AR/VR”) and autonomous vehicle sub-systems present significant growth opportunity for the company in the long haul.

However, Cadence faces stiff competition from other electronic design automation (“EDA”) companies like ANSYS ANSS and Siemens AG.

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