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Cadence Design Systems

Develops EDA software, IP, verification tools

Principal Application Engineer - Customer Excellence

Full-TimeUpdated on 10/23/2026
No salary listed
Senior
Bachelor's, Master's
Bengaluru, Karnataka, India
RemoteRemote or hybrid options are stated; periodic travel to customer sites, industry events, and internal planning sessions is required.
Customer Experience & SupportCustomer Success

About the job

Requirements
  • A Bachelor's or Master's degree in Mechanical Engineering, Aerospace Engineering, Automotive Engineering, Industrial Engineering, or a related engineering discipline.
  • At least 5 years of experience in Customer Success, Technical Account Management, Business Development, Application Engineering, Technical Consulting, Pre-Sales, or Account Management within engineering software, CAE, simulation, PLM, CAD, or related technology industries.
  • Experience managing strategic customer relationships and driving long-term adoption programs.
  • Experience conducting customer reviews, executive engagements, and technical discussions with multiple stakeholder levels.
  • A proven history of supporting customer retention, adoption growth, and business expansion initiatives.
  • Ability to leverage AI tools to enhance customer engagement, adoption, reporting, and productivity.
  • Strong customer-centric mindset.
  • Strategic account planning and stakeholder management.
  • Executive communication and presentation skills.
  • Customer health and sentiment management.
  • Value realization and adoption planning.
  • Cross-functional leadership and influence without authority.
  • Analytical and problem-solving capabilities.
  • Strong business and commercial acumen.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Experience with CRM platforms such as Salesforce.
  • Experience with Customer Success platforms such as Gainsight.
  • AI expertise.
  • Experience with customer adoption and engagement analytics tools.
  • Experience with Microsoft Office and collaboration platforms.
Responsibilities
  • Own customer success outcomes by driving product adoption, value realization, and achievement of customer business and engineering objectives throughout the customer lifecycle.
  • Build trusted relationships with technical, management, and executive stakeholders, serving as a strategic advisor and advocate for customer success.
  • Monitor customer health, adoption trends, and sentiment to proactively identify risks, develop recovery plans, and support long-term customer retention.
  • Collaborate with Sales and Account Teams to contribute customer insights, support account planning activities, and identify opportunities for product adoption, expansion, and growth.
  • Coordinate activities across Sales, Application Engineering, Support, Product Management, Professional Services, and Marketing to ensure successful customer outcomes.
  • Represent customer needs and feedback within the organization, helping influence product priorities, adoption strategies, and customer experience improvements.
  • Lead customer governance discussions and business reviews that demonstrate value, align stakeholders, identify opportunities, and strengthen strategic relationships.
  • Develop customer champions and advocates who can participate in reference programs, industry events, case studies, and other strategic engagement initiatives.
  • Achieve customer success plan objectives, customer adoption and utilization growth, and successful onboarding and adoption milestones.
  • Improve customer health scores, customer sentiment and relationship strength, and risk identification and mitigation effectiveness.
  • Support customer retention, contribution to Net Revenue Retention, expansion opportunities, renewal readiness, and account stability.
  • Generate customer references and success stories, submit product feedback, and participate in advocacy and community initiatives.
  • Maintain accurate customer planning and reporting and execute cross-functional activities.

About the company

C

Cadence Design Systems

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cbWebsite

Cadence Design Systems provides software, hardware, and IP for electronic design automation (EDA) to help customers design advanced semiconductor chips and electronic systems. Its tools cover system-level design and verification, digital and analog IC design, and custom design flows, with IP offerings like Tensilica processors and DSP cores available for licensing. It differentiates itself by offering an end-to-end EDA portfolio and deep collaboration with industry leaders across implementation, verification, and IP. The goal is to help customers bring sophisticated silicon and electronics to market faster while reducing risk and improving productivity across AI, audio, video, and automotive applications.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Jose, California

Founded

1988

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Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 24% to $1.584 billion, lifting full-year guidance.
  • Intel and Honda validated Cadence’s AI and IP products with fresh design wins.
  • SPDRM 2026.2.3 boosted concurrency 50%, strengthening Cadence’s enterprise workflow moat.

What critics are saying

  • Cadence sued Suzhou Tianzhun in August 2026 over cracked software and copyright infringement.
  • Cadence trades above 15 times revenue; any AI demand slowdown can compress multiples fast.
  • Synopsys’ Ansys bundle threatens Cadence’s pricing power in verification, IP, and system design.

What makes Cadence Design Systems unique

  • Cadence’s 2026 ChipStack agents automate spec-to-RTL, verification, and PPA optimization.
  • Cadence’s PCIe 6.0 subsystem passed July 2026 compliance first-pass on TSMC N3.
  • Cadence’s July 2026 backlog hit $8.1 billion, showing entrenched design-in lock-in.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Life Insurance
  • Flexible Work Hours
  • Paid Vacation
  • Paid Sick Leave

Growth & Insights and Company News

6 month growth

1%

1 year growth

-1%

2 year growth

-1%
Yahoo Finance
Oct 24th, 2026
Cadence and NVIDIA launch Europe's first sovereign AI platform for chip design, with Nokia on board

Cadence Design Systems has launched what it calls Europe's first sovereign AI platform for semiconductor and system design. The platform, built with NVIDIA, runs from a data center in Munich. The data center uses Cadence's AuraStack AI platform and focuses on European chip and system design work. Nokia is the first named customer, deploying AuraStack on the Millennium M2000 Supercomputer for AI-driven design automation and high performance computing. Cadence has a market value of about $85.3 billion. The launch tests whether enough large customers will adopt the stack at scale to make AI "super agents" a long-term earnings driver.

Yahoo Finance
Oct 23rd, 2026
3 resilient software stocks: JFrog, Cadence and CLEAR Secure with up to 86.8% gross margins

Software is cutting operating costs for businesses, and the industry's 54.6% return over the last six months has beaten the S&P 500 by 45.5 percentage points. Yet low barriers to entry mean fierce competition, and few companies will thrive long term. Three software stocks stand out as resilient, according to StockStory. JFrog (NASDAQ:FROG), valued at $11.58 billion, sells a platform for creating, storing, and distributing software packages. Billings growth averaged 31.5% over the last year, and its free cash flow margin is 28.3%. Shares trade at $93.19, or 16.7x forward price-to-sales. Cadence Design Systems (NASDAQ:CDNS), valued at $89.8 billion, supplies software and hardware for chip design. Its gross margin is 86.8% and billings growth averaged 17.9%. The stock trades at $308.58, or 13.4x forward price-to-sales. CLEAR Secure (NYSE:YOU), valued at $4.69 billion, offers biometric identity verification. Revenue grew 36% annually over five years, with a 50.8% free cash flow margin. Shares trade at $45.43, or 3.9x forward price-to-sales.

Yahoo Finance
Oct 20th, 2026
Cadence stock up 105.2% in five years while typical software peer fell 48.2%

Cadence Design Systems (CDNS) shares rose 105.2% in the five years to October 19, 2026, beating 119 of 125 companies in the application software industry. The typical company in that industry fell 48.2%, so the industry did not carry the stock. The S&P 500 gained 70.2% over the period. The typical information technology company fell 23.9%. Earnings per share rose 107.0%, closely tracking the share price. Revenue grew an average of 15.5% a year over three years, against 11.1% for the typical peer. Management raised its fiscal 2026 revenue growth guidance to 19%. Fiscal third-quarter results are expected on or around October 26, 2026.

Yahoo Finance
Oct 14th, 2026
Cadence stock rose 13x in a decade to $129,800, but fell 20% or more seven times

A $10,000 investment in Cadence Design Systems (CDNS) stock grew to about $129,800 over the past ten years, before dividends. The same sum in the S&P 500 reached about $36,500. Holding it was hard. The stock fell 20% or more from a closing high seven times, and three of those drops reached 30% or more. The latest fall was the deepest. Shares dropped 34% from early June to mid-September 2026, while the S&P 500 slipped 0.3%. The business held up. Twelve-month revenue rose 5.6% over that span, and operating margin stayed near 31%. The stock has since risen 22% from its September low but remains about 20% below its June high.

Yahoo Finance
Oct 2nd, 2026
Fair Isaac faces mortgage score challenge while Cadence grows across all products

Fair Isaac and Cadence Design Systems both sell products customers cannot easily replace, but their growth drivers differ significantly. Cadence's chip design software grows across all product groups, whilst Fair Isaac's growth stems primarily from raising prices on its FICO Score. In September 2026, the Federal Housing Finance Agency announced it would start using VantageScore, a cheaper rival, to set mortgage prices. This decision particularly affects Fair Isaac, whose Scores revenue grew 41% in fiscal Q3 2026, driven mainly by higher mortgage score prices. Cadence carries far less debt, at 2.7% of market value versus Fair Isaac's 40%. Fair Isaac trades at 18.4 times earnings compared to Cadence's 69.7 times. Fair Isaac's share price has fallen 56% over the past year, whilst Cadence is down 0.2%. Fair Isaac has not reported results since the government announcement.