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Adobe mostly unscathed by economic downturn

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Dive Brief:

  • Adobe has emerged as one of the enterprise software companies relatively untouched by economic slowdown. In Q4, the company recorded 14% year-over-year growth in revenue, totaling $4.5 billion, up from last year’s $4.2 billion.
  • Executives praised the success of its Adobe Experience platform, while discussing the period ending Dec. 2. Adobe Experience allows organizations to centralize and standardize customer data and content from any system and apply data science and ML to improve personalized experiences.
  • This quarter marked the first time Adobe Experience reached $1 billion in subscription revenue,…

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