Adobe CEO Shantanu Narayen Speaks at UTC Hall of Fame Celebration [Professional Services Close - Up]
(Professional Services Close - Up Via Acquire Media NewsEdge) Publishing is undergoing a dramatic transformation, says Shantanu Narayen, president and CEO of Adobe.
According to a release, Narayen spoke to Utah technology executives and business and community leaders at the recent Utah Technology Council's (UTC) (utahtech.org) 2013 Hall of Fame Celebration at the Grand America Hotel in Salt Lake City.
"Publishing dollars are now turning to dimes," Narayen told the audience. "This is a challenge for everyone in the publishing industry and an opportunity, as well, as we move to a consumption environment. Consumers want to have every kind of content available to them wherever they are, from any device that they want."
Narayen referred to Adobe's Digital Marketing Software as a Service (SaaS) business, based in Utah, as a "runaway success" that is on a run rate exceeding one billion dollars in annual revenue.
"All of marketing is moving online," he noted. "Every company needs to adapt to this opportunity and need. That is presenting a great opportunity for Adobe and for all technology companies here."
He noted that Adobe's iconic building on Utah's I-15 corridor is one of his favorite Adobe buildings and remarked that Adobe's Utah roots run deep.
At the event, David R. Bradford, Carl R. Kjeldsberg and John M. Matsen, III were inducted into the UTC Hall of Fame. The Hall of Fame honors individuals with Utah ties that have made global contributions to the information technology, life science and clean tech industries through new technology, innovation and leadership.
This year's Hall of Fame inductees join past recipients Stephen Aldous, Alan Ashton, David Bailey, Dale H. Ballard, Bruce Bastian, H. Raymond Bingham, Nolan Bushnell, Greg Butterfield, Edwin Catmull, James Clark, Gary L. Crocker, Bernard Daines, David Evans, Philo Farnsworth, Mark Fuller, Stephen Jacobsen, Josh James, Jim Kajiya, Alan Kay, Spencer Kirk, Fred Lampropoulos, Michael O. Leavitt, Drew Major, Peter Meldrum, Raymond Noorda, Dinesh Patel, Shane Robison, Kevin Rollins, Mark Skolnick, James LeVoy Sorenson, David Spafford, Theodore H. Stanley, Thomas Stockham, Jr., Ivan Sutherland, Homer Warner and John Warnock.
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