As the enterprise cloud becomes the unquestioned foundation for the future of digital business, the 3 vendors whose cloud revenue is growing most rapidly in this booming market are Google at 44.8%, Oracle 33% (estimated), and Microsoft 31%. (On my weekly Cloud Wars Top 10 rankings of the largest and most-influential cloud vendors in the
As Adobe’s consumer-facing businesses soar, CEO Shantanu Narayen continues to voice great enthusiasm for the company’s Digital Experience enterprise business despite 2% growth in Q3 and no-growth guidance for next quarter. For all of its sweeping success on the consumer side, Adobe faces a number of challenges in becoming a powerhouse in the CRM space.
Battered by the COVID pandemic and the declining performance of its Advertising Cloud, Adobe’s enterprise-oriented Digital Experience business posted quarterly revenue of $826 million, up just 5%, for the 3 months ended May 31. Adobe’s fairly new to the Cloud Wars Top 10, where it holds the #10 spot, and in its previous quarter reported