2024-04-08 05:25:22 ET
Summary
- Adobe's Experience Cloud is becoming increasingly relevant and important for the company, particularly in serving enterprise customers.
- I explain why Digital Experience might be growing slower than many expect.
- Third-party models like OpenAI's were thought of as competitors but they will probably become partners.
- The company laid out its strategy to monetize AI. I summarize it in this article.
Introduction
Adobe (ADBE) held one of its most important conferences last week, ' Adobe Summit .' At last year's conference, the company announced several important updates, like the release of Firefly to compete with all the gen AI models that were popping up at the time. This year was no different, as it also brought relevant news to the company and, most importantly, helped me solidify my conviction in the investment thesis .
My conviction in Adobe has grown lately after fully understanding its strategy around AI . While there were no large swings for me during Summit, it was marginally positive conviction-wise. This article will bring two things:
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All the important topics, both from the Keynote as well as the Investor Meeting the company held
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The demos of the most relevant products for Adobe
Read the full article on Seeking Alpha
For further details see:
Adobe Is More Than AI