Anirudh Devgan
President at Cadence Design Systems
Thank you Lip-Bu. Our Intelligent System Design strategy leverages our strong computational software expertise as we expand beyond EDA into new markets, and we're uniquely positioned to capture the exciting opportunities that Lip-Bu talked about. As we execute to our strategy, we are especially pleased to see our differentiated EDA, IP and systems solutions being increasingly adopted by a growing number of systems companies. For instance, Tesla utilized a broad set of Cadence EDA software solutions and hardware platforms to enable the successful delivery of their innovative Dojo system. Delighting customers and accelerating growth requires a relentless commitment to innovation. This quarter we launched the Integrity 3D-IC Platform, Tensilica AI Platform, Midas Safety Platform and the Helium Virtual and Hybrid Studio. We have now introduced 13 significant, innovative products this year across all of our business groups, and these will be key drivers of our future growth.
Let me share some of the business highlights starting with Digital and Signoff, which had another strong quarter with 18% year-over-year revenue growth. Our digital full flow delivering industry leading quality of results at the most advanced nodes, continued to proliferate with market shaping customers, and was adopted by 13 new customers. We are very pleased with the growing momentum of our transformative Cadence Cerebrus solution, that incorporates unique reinforcement learning AI / ML technology, to deliver significant PPA, power, performance, and area and productivity gains.
In addition to Samsung and Renesas endorsements at the time of launch, several market shaping customers have added Cadence Cerebrus to their production flows and are realizing great benefits. As an example, a global mobile semiconductor company used Cadence Cerebrus on their manually tuned CPU design to reduce total power by almost 10% and improved timing by over 25% automatically in only eight days. Additionally, Cadence Cerebrus enabled a marquee mobile systems company to reduce the power consumption of their 4 nanometer design by over 25% and get over 10 times improvement in productivity. We continued growing our business with hyperscale customers, including a broad expansion of our EDA software with a marquee hyperscaler, that included a significant commitment to our digital solutions.
Next, I will talk about our Verification business, which had a strong quarter with 13% year-over-year revenue growth. Growing system design complexity and need to get first time right silicon, continues to drive strong demand for our Verification Suite, which provides a comprehensive solution across IP, SoC and system verification, hardware/software regressions, and early software development. This momentum especially noticeable in our hardware business, where customers are deploying significant additional capacity as they reap the performance, quality and productivity benefits of our industry leading hardware platforms. Accelerating adoption of our new Dynamic Duo, the Palladium Z2 and Protium X2, led by hyperscale and global marquee customers, drove the majority of hardware orders in this quarter.
In Verification software, Xcelium-ML, our machine learning optimized logic simulator delivered up to 5 times faster regressions, was adopted by marquee customers in North America and Asia. We launched the Helium Virtual and Hybrid Studio, a new platform that accelerates the creation of hybrid and virtual prototypes of complex systems, enabling early software bring up. Helium was endorsed by Nvidia and several other engagements with leading customers are underway. We also announced the Midas Safety platform, which is part of the comprehensive Cadence Safety solution featuring integrated digital and analog safety flows and engines for faster certification or safety critical automotive designs.
Moving on to System Design & Analysis, I am particularly pleased that this segment which is driving our market expansion beyond EDA, continues to deliver strong, double digit growth, increasing revenue by 17% year-over-year, as we grew our footprint in several verticals including Aerospace & Defense and 5G communications. With 5G and AI/ML applications pushing silicon reticle limits, and transistor scaling slowing down, there's an accelerated move to disaggregate SoCs into a heterogenous set of discrete die that can be integrated together with sophisticated packaging technology.
Leveraging over two decades of pioneering packaging expertise, we're very excited to have launched Integrity 3D-IC, the industry's first and only comprehensive platform that ties together our best-in-class system planning, implementation and thermal, timing and power analysis technology, along with a multi technology database, all in a unified cockpit. This third-generation 3D-IC solution enables designers to achieve system-driven PPA with reduced design complexity and faster time to market, and we're engaged with several leading semi & system houses, foundries, and packaging companies. Our organically developed System Analysis products continued to make good headway, with Clarity, our electromagnetic 3D simulator, displacing the incumbent solution and becoming plan-of-record at a marquee hyperscaler.
And Celsius, our electro-thermal 3D simulator, was deployed at a global marquee systems customer. Our recently acquired CFD solutions also delivered strong results, winning new business with several automotive, and Aerospace & Defense customers.
And now before I turn it over to John, I wanted to say a few words about the upcoming CEO transition on December 15. On behalf of the Cadence Board and our employees, I want to thank Lip-Bu for his outstanding leadership and his numerous illustrious accomplishments over the past 13 years, that have made a lasting impact on our industry and on Cadence. With his laser focus on creating a highly innovative and results-based culture, he drove a cultural transformation at Cadence that was rooted in customer and shareholder success, leading to trusted partnerships with leading customers and delivering shareholder return of over 3500%.
I am especially grateful to Lip-Bu for his mentorship and guidance and look forward to continuing our partnership in our new roles, as, along with our talented team, we relentlessly drive to deliver strong business results and delight our customers and shareholders.
Now, I will turn it over to John to go through the Q3 results and present our Q4 and updated 2021 outlook.
