Adobe Systems Incorporated
American software company Adobe Inc. is best known for its multimedia suite of creative software, Including Photoshop, Illustrator, Acrobat Reader, and more. As the inventor of the PDF file format, the company is also credited with pioneering digital document conversion, changing how people conduct global business. Adobe is an entirely cloud-based service, allowing users to scan, edit, share, and sign documents from anywhere, revolutionizing worldwide communication and collaboration. Adobe Inc. has a market cap of $163 billion, placing it at 65 on the list of the world’s most valuable companies. The company has remained a powerhouse through strategic collaborations and partnerships, and intelligent product and marketing decisions have cemented its place in the modern business environment. The company ensures continued revenue by shifting away from perpetual software licenses to a cloud-based subscription service with approximately 26 million users worldwide.
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Company Description for Adobe Systems Incorporated
Adobe Inc., together with its subsidiaries, operates as a technology company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows subscribers to use its creative products and applications (apps) integrated with cloud-delivered services across various surfaces and platforms. This segment serves photographers, video editors, graphic and experience designers, and game developers; content creators, students, marketers, and knowledge workers; and consumers. The Digital Experience segment provides an integrated platform and set of products, services, and solutions that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Adobe Advertising offerings. It provides consulting, training, customer management, technical support, and learning services. The company offers its solutions directly to enterprise customers through its sales force and local field offices, and directly to businesses and consumers, as well as licenses its products to end-user customers through app stores and website at adobe.com. It markets and distributes its products through sales channels, including distributors, retailers, software developers, mobile app stores, systems integrators, independent software vendors, value-added res