Adobe's transition to a subscription model has had a significant influence on other software companies. It demonstrated that the subscription model can be successful and profitable, even after an initial drop in revenue and rise in expenses. This has led to a shift in the industry, with many other software companies following Adobe's lead and transitioning to cloud-based subscription services. The success of Adobe's model has shown that focusing on the individual customer and their needs, rather than on the product, can lead to steady growth and success.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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