Author Topic: "Adobe: We locked our customers in the cloud and out poured money"  (Read 2744 times)

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Mark

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So it makes sense that Adesk would go this way.

http://www.theregister.co.uk/2015/12/11/adobe_q4_fy2015_results/

Quote
Reassuringly expensive software maker Adobe is laughing all the way to the bank after shunting more of its customers into the cloud - like they had any choice in the matter.

The company closed off fiscal ’15 ended 27 November with Q4 revenue of $1.31bn, up 22 per cent year-on-year, driven by a 44 per cent hike in subscriptions to $907.4m as products declined 13 per cent to $284.4m and services/ support dipped 1.7 per cent to $114.4m.
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mjfarrell

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Re: "Adobe: We locked our customers in the cloud and out poured money"
« Reply #1 on: December 11, 2015, 10:41:00 AM »
So it makes sense that Adesk would go this way.

http://www.theregister.co.uk/2015/12/11/adobe_q4_fy2015_results/

Quote
Reassuringly expensive software maker Adobe is laughing all the way to the bank after shunting more of its customers into the cloud - like they had any choice in the matter.

The company closed off fiscal ’15 ended 27 November with Q4 revenue of $1.31bn, up 22 per cent year-on-year, driven by a 44 per cent hike in subscriptions to $907.4m as products declined 13 per cent to $284.4m and services/ support dipped 1.7 per cent to $114.4m.
sort of what I've been warning of all along....
good for autodesk not good for their customers
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Mark

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Re: "Adobe: We locked our customers in the cloud and out poured money"
« Reply #2 on: December 11, 2015, 10:48:04 AM »
sort of what I've been warning of all along....
good for autodesk not good for their customers

I don't about that.

Quote
President and CEO Shantanu Narayen, said the “continued migration” to the cloud of the Creative Suite installed base, as well as new customers, pushed up its numbers to help the firm beat analysts expectations.

I can not see how a subscription will affect us, in any way!
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Jeff_M

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Re: "Adobe: We locked our customers in the cloud and out poured money"
« Reply #3 on: December 11, 2015, 11:24:45 AM »
Everything I've heard/read suggests that Autodesk's revenue will increase, but not due to existing customers paying more. The boost will be due to new customers who previously could not afford the huge outlay of cash to purchase the perpetual license(s). For a large majority of existing customers, nothing will change since they are already on subscription which is not being taken away from them for the existing licenses.