© 2017 Synopsys, Inc. 1
Victor Grimblatt R&D Group Director & General Manager
4/4/17
11 years of success Synopsys Chile
© 2017 Synopsys, Inc. 2
>5,900 Masters/PhD
Degrees
>2,700 IP Designers
>2,300 Applications Engineers
Synopsys at a Glance
>$2.4B FY16
Revenue
30% Revenue on R&D
>11,200 Employees
© 2017 Synopsys, Inc. 3
Synopsys Presence
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Synopsys in Chile since
2006
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Why Chile?
• Country stability • Competitive cost compared to other offshore locations • Very low turnover • First mover advantage • Excellent level of professional in electronics and computer science • Excellent knowledge and experience in Software Engineering • IC design courses at University of Chile • Open the door to the rising Latin American market
(Presented to Corporate Staff in 2005)
© 2017 Synopsys, Inc. 6
Yearly Expenses (CLP)
-
500.000.000
1.000.000.000
1.500.000.000
2.000.000.000
2.500.000.000
3.000.000.000
3.500.000.000
4.000.000.000
2008-12 2009-12 2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12
Years
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Headcount per Year
0
10
20
30
40
50
60
70
80
90
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
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Current Situation
• 80 FTE + 3 contractors – 76 R&D engineers – 1 IT support – 2 Admin Assistants – 1 receptionist – 1 Accounting Assistant (contractor) – 1 Risk Preventionist (contractor) – 1 Managing Director
• 3 Interns
© 2017 Synopsys, Inc. 9
Implement a ramp up process allowing employees to be fully productive in 3 months
Uses productivity as main measure of success (productivity vs. cost objective).
Provides an excellent development and working environment to employees while keeping costs under control and competitive Planned, focused growth in close agreement with sponsoring BUs
Keys of Success
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Meet commitments and schedules as a way to create confidence in Chile office into the Bus
Participate on core projects
Work closely with universities through the Synopsys University Program and internship program creating a candidate pipeline
Keep local focus avoiding overhead
Keys of Success
© 2017 Synopsys, Inc. 11
What Chile has to Do
Define long term policies (independent of current government).
Define technology as a key factor of our economy.
Define the creation of the ecosystem as a key for the success.
Diversify the industry to incorporate higher added value, and to orient towards fast-growing products and services (opposed to commodities).
Increase R&D investment, especially the private one.
Improve the availability of talents (influence university programs).
Improve the English level of professionals (mandatory certifications).
Thank You