How DocuSign Reveals Adobe Document Cloud's True Value
Adobe (NASDAQ: ADBE) is the preeminent software vendor for creative professionals. The company is most known for its media editing software, which includes Photoshop, Illustrator, and After Effects. However, in recent years the company has expanded beyond creative solutions into enterprise marketing software, and now cloud document storage and collaboration.
A newer area of growth for the company is its Document Cloud, which has seen usage explode due to the situation created by COVID-19. Adobe's Document Cloud doesn't get much attention because it is a relatively small part of the overall company in terms of revenue, but it's growing quickly.
DocuSign (NASDAQ: DOCU) may provide some clues as to what this business could be worth for Adobe. DocuSign is a pure-play cloud document storage and solutions company that has seen its business and stock value soar this year. DocuSign isn't an exact clone of Adobe's Document Cloud, but is fairly similar, highlighting that Adobe's Document Cloud would be worth quite a bit as an independent company.
Source Fool.com
