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Adobe launches stock photo service, unveils creative cloud 2015

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photo-256887_640Adobe software company launched a new stock photo service on Tuesday and released its 2015 version of creative cloud tools and services.

The new update includes desktop tools, including Photoshop CC, Illustrator CC, Premiere Pro CC and InDesign CC as well as new connected mobile apps for iOS and Android.

The company will also ship Adobe Stock, which it touts to be an industry first stock content service, to be integrated directly into the software and tools for everyday use.

Commenting on the release, David Wadhwani, senior vice president, digital media, Adobe, said: “Adobe Stock, our brand new stock service, makes 40 million photos, vector graphics and illustrations accessible directly within your favourite CC desktop apps.”

While the Nasdaq-listed company released Brush CC, Shape CC, Color CC and Photoshop Mix for Android, it updated many of its popular creative cloud mobile apps for iPhone and iPad, including Adobe Comp CC, Photoshop Mix, Photoshop Sketch, Illustrator Draw, Brush CC, Shape CC and Color CC.

“The 2015 release of Creative Cloud is packed with innovation. Our CreativeSync technology deepens the connections between desktop apps and mobile apps on iOS and Android; and major updates to Creative Cloud’s infrastructure and administrative capabilities make this an essential upgrade for enterprise customers,” Wadhwani said.

In addition, Adobe announced an expanded creative cloud enterprise offering that includes enterprise-grade administration, security, collaboration and publishing services for design-driven brands, businesses and large organisations.

“We know that companies that foster creativity are 3.5 times more likely to outperform their peers in terms of revenue growth, based on Forresters Creative Dividends research released late last year,” said Umang Bedi, the managing director of South Asia, Adobe.

“Enterprises of all sizes, SMBs, creative professionals and serious hobbyists will find this release of creative cloud most useful,” he said.

“Not only does it put the power of mobile in the hands of creative individuals and makes them much more agile and productive; with deep connections with Adobe Digital Publishing Solution (DPS) and Adobe Marketing Cloud it allows businesses to make, mobilise, manage, measure, and monetise content in a secure fashion thus transforming their own and their customers’ businesses,” he added.

-(IANS)

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Microsoft Experiences Growth in Revenue Due to Gaming And Growing Cloud

"We see continued demand for our cloud offerings, reflected in our commercial cloud revenue of $8.5 billion, up 47 per cent year over year," Hood added

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Microsoft says people are now at more risk of being bullied, getting unwanted contact and receiving unwelcome sexual images and messages from immediate family and social circles. (Wikimedia commons)

Riding on its growing Cloud, gaming and Surface laptop portfolio, Microsoft has posted a revenue of $29.1 billion and net income of $8.8 billion for the first quarter of its 2019 financial results.

Revenue was up 19 per cent while net income increased by 34 per cent. Operating income was $10 billion and increased 29 per cent.

“We are off to a great start in fiscal 2019, a result of our innovation and the trust customers are placing in us to power their digital transformation,” said Microsoft CEO Satya Nadella.

“We’re excited to help our customers build the digital capability they need to thrive and grow, with a business model that is fundamentally aligned to their success.”

Microsoft
A sign for Microsoft is seen on a building in Cambridge. VOA

Revenue in Intelligent Cloud was $8.6 billion and increased 24 per cent.

Server products and Cloud services revenue increased 28 per cent driven by Azure revenue growth of 76 per cent.

Revenue in More Personal Computing was $10.7 billion and increased 15 per cent.

“Windows commercial products and Cloud services revenue increased 12 per cent,” said the company.

Microsoft's building.
The office building of Microsoft. Pixabay

Gaming revenue increased 44 per cent with Xbox software and services revenue growth of 36 per cent while Surface revenue increased 14 per cent.

Also Read- New Carbon Capture Technology Now Able To Fight Climate Change: Experts

“Our record results for Q1 reflect our commitment to long-term strategic investments and consistent execution to drive revenue growth and operating margin expansion,” said Amy Hood, Executive Vice President and Chief Financial Officer of Microsoft.

“We see continued demand for our cloud offerings, reflected in our commercial cloud revenue of $8.5 billion, up 47 per cent year over year,” Hood added. (IANS)