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Adobe's CEO Discusses The Company's Cloud Business

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Adobe Systems Incorporated (NASDAQ: ADBE) is flying high on the spectacular quarterly results the company announced after Thursday's market closed. The icing on the cake was the significant number of customers Adobe added to its cloud platform.

Adobe CEO, Shantanu Narayen, was on CNBC to discuss the company’s the overall U.S. business sentiment and the company’s recent acquisition.

“Well, I think we have pretty unique insights […] our digital marketing business, we are processing over 30 trillion data transactions and the move online and the need for every company, whether you are in publishing or retail or automotive or travel to make sure you have this immersive interactive experience online is even more critical than it’s ever been before. So, I think online spend continues to grow,” Narayen said.

On the company’s cloud business, Narayen said, “Our vision for creative cloud has always been to be this one-stop shop for people, everything from inspiration now to monetization. The first version of creative cloud was all about delivering some phenomenal desktop products. We deliver some great mobile applications earlier this year, at Macs over five million downloads, they have been very well received. But the vision was always to say how can we enable the creative professionals to share their portfolio with the community through Behance? Over four million subscribers there as well."

Narayen went on to say that, "in addition to that right now, how do we help them to monetize that? So, through the talent search service that we introduced earlier this year as well as with Fotolia when we finally closed the deal, the idea is that if you are a creative professional and you want to sell your content or if you are a marketer or a creative professional and you want to buy it, you should be able to come to creative cloud to accomplish that.”

 

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Posted-In: CNBC Shantanu NarayenMedia