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2014-06-21

We are very optimistic about the growth in Indian SMB segment: Adobe

According to Adobe, India ranks among its fastest growing regions with strong growth coming across segments, especially SMBs.

According to Adobe, India ranks among its fastest growing regions with strong growth coming across segments, especially SMBs.

 

For the first quarter of 2014 fiscal ended February 28, 2014, NASDAQ-listed Adobe reported revenue of $1 billion, of which Asia-Pacific including India, was $163.7 million. The US-based company has offices in about 34 countries spread across North America, Asia, Australia and New Zealand, Europe, Middle East, Africa and South America.

 

Buoyed by the response to its Creative Cloud offering, the US-based firm today announced 14 new versions of Creative Cloud (CC) desktop applications, which includes tools like Adobe Photoshop CC, Adobe Illustrator CC, Adobe Dreamweaver CC and Adobe Premiere Pro CC. It is the biggest Adobe software release since CS6, which also includes four new mobile apps, updates to CC services and new offerings for enterprise, education and photography customers. Yesterday, Adobe announced it has more than 2.3 million Creative Cloud subscriptions globally. According to the firm, it had 1.844 million CC subscriptions at the end of Q1 2014.

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