Adobe Puts Greater Power & Possibility in Hands of Creators, Teams & Marketers at Adobe MAX 2024
15 October 2024 - 12:02AM
Business Wire
- Over 100 new Creative Cloud features empower creative
professionals with more speed, precision and control and power even
more of the creative process, with powerful new innovations across
Photoshop, Illustrator, Premiere Pro, InDesign, Lightroom, Adobe
Express and an all-new Frame.io
- Adobe’s Firefly family of creative generative AI models,
designed to be commercially safe, expands to video and delivers
breakthroughs in imaging, vectors and design
- GenStudio for Performance Marketing, now generally available,
is the latest enterprise application within Adobe GenStudio,
Adobe’s end-to-end content supply chain solution
Today, Adobe (Nasdaq:ADBE) brought together the global creative
community for the kickoff of Adobe MAX 2024 – the world’s largest
creativity conference – where it introduced over one hundred new
Creative Cloud features, including groundbreaking capabilities
powered by Adobe Firefly that offer creators unprecedented power to
create, collaborate and conceptualize ideas while empowering them
to work more productively. Major updates to Adobe Express and an
all-new Frame.io deliver new workflows to streamline collaboration
for creative teams and their stakeholders. Adobe announced a new
Firefly Video Model (beta) and breakthroughs in its Firefly Image,
Vector and Design models, delivering significant enhancements to
its family of generative AI models that are designed to be
commercially safe.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241014283216/en/
For enterprises, Adobe announced the general availability of
GenStudio for Performance Marketing, the latest application within
Adobe GenStudio, an end-to-end content supply chain solution that
optimizes the process of planning, creating, managing, activating
and measuring content for marketing campaigns and personalized
customer experiences.
“We’re giving the creative community a powerful new brush to
paint the world by putting unprecedented power, precision and
creative control in their hands,” said David Wadhwani, president,
digital media at Adobe. “With the demand for content projected to
grow exponentially, we’re empowering creators to scale the use of
their content across marketing, HR and sales teams.”
Creative Power and Expressiveness
- Adobe Firefly: Adobe extended its family of generative
AI models with the introduction of Firefly Video Model
(beta), which enables creators to generate video from text and
image prompts, extend video clips and smooth out transitions
including deep integration into Premiere Pro. Adobe also announced
the latest evolution of Firefly Image 3 Model which
generates images four times faster. The latest breakthroughs in the
Adobe Firefly Vector Model (beta) provide more creative
control to designers using Adobe Illustrator. Enhancements to
Firefly Services and Custom Models for enterprise customers
are being leveraged by leading global brands like Deloitte,
Gatorade, IBM, IPG Health and Mattel to speed up and
scale content production for a variety of marketing use cases.
Firefly, which is designed to be safe for commercial use, has now
been used to generate more than 13 billion images.
- Photoshop: Adobe announced several new capabilities to
empower the creative community to bring their visions to life with
more power, speed and control including new Distraction
Removal smart technology to help remove people, wires, poles
and other distractions from images; Generative Workspace
(beta) that helps designers ideate, brainstorm, and iterate
concepts simultaneously; a new Substance 3D Viewer (beta)
that offers new ways for graphic designers to view and edit 3D
objects while working with 2D designs in Photoshop; and the general
availability of features like Generative Fill, Generative
Expand, Generate Similar and Generate Background powered
by Firefly’s Image 3 Model.
- Illustrator: Adobe’s new capabilities for designers
include Objects on Path to empower users to quickly attach,
arrange and move an object along any path of their art board,
Enhanced Image Trace to make it easier and faster to convert
images to vectors and Generative Shape Fill (beta), powered
by the Firefly Vector Model, which empowers designers to save time
while quickly adding detailed vectors to shapes to create unique
designs. Adobe also announced a beta of Project Neo,
a web app first previewed at MAX last year that has been incredibly
well received by the community and helps designers seamlessly
create and edit 3D designs.
Content Creation at Scale
- Frame.io: Adobe announced the general availability of an
all-new version of Frame.io which builds on its industry-leading
video post-production capabilities and expands to support
collaboration in audio, photo, design and other creative workflows.
The new version adds Canon, Nikon and Leica to Frame.io’s Camera to
Cloud ecosystem – the fastest, easiest and most secure way to get
media from the set to the people who need to work with it.
- Express: Adobe also announced new enterprise
capabilities to supercharge employees with AI, enable every team
with access to approved assets and enable businesses to protect
their brand. At MAX, Adobe showcased these features and
demonstrated how Express helps creative professionals extend the
power of apps like Photoshop and Illustrator. It further
demonstrated how Express makes it seamless for creative teams to
take the content they’ve created and enable marketing, sales, HR,
communications and other teams to do more with it.
- GenStudio: Adobe announced the general availability
of Adobe GenStudio for Performance Marketing, the latest
enterprise application within Adobe GenStudio. GenStudio is Adobe’s
end-to-end content supply chain solution that brings together an
integrated set of Creative Cloud and Experience Cloud applications,
empowering brands to optimize their content supply chains and meet
the rising consumer demand for personalized content.
GenStudio for Performance Marketing is a self-service, generative
AI-first application that will empower brands to get the most out
of the content created by their creative teams when assembling paid
social ads, marketing emails and display ads at scale, with greater
agility and the benefit of data-driven insights. It brings together
creative teams – who define the foundational look and feel of a
brand – with marketing teams, who need to deliver variations at
scale for demanding channels such as social media and mobile.
Expanded partnerships with Google’s Campaign Manager 360, Meta,
Microsoft Advertising, Snap and TikTok will soon enable brands to
activate campaigns instantly across platforms and make timely
adjustments via direct performance insights.
Creative Exploration and Ideation
Adobe showcased new ways for creators to ideate and explore
concepts and ideas, combining the power of AI with the power of
their imagination. This included previewing Project Concept,
a new capability for multiplayer, collaborative creative concept
development, bringing the ability to remix images in real time so
creative professionals can concept live in a single canvas.
Additionally, Photoshop’s Generative Workspace (beta) helps
designers ideate, brainstorm and iterate concepts simultaneously,
so creators can achieve their vision and produce stunning visuals
faster and more intuitively than ever before.
Empowering the Next Generation
In addition to introducing new product features, Adobe announced
a new global initiative aimed at helping 30 million next-generation
learners and teachers develop AI literacy, content creation and
digital marketing skills using Adobe Express to thrive in the
modern workforce. We’re expanding Adobe Digital Academy and working
with education partners and nonprofits to provide training,
certifications and career pathways. Adobe has committed more than
$100M this year through donations, scholarships, product access and
partnerships to enable people and organizations around the world to
tell their stories and unleash creativity for all.
Adobe & Adobe Foundation commit $1M in support of local
communities at Adobe MAX
The Adobe Foundation has donated $1M to the American Red Cross
and World Central Kitchen to support the people of Florida who are
recovering from Hurricanes Helene and Milton. Adobe is matching the
donations of Adobe MAX attendees, sponsors and employees in support
of the recovery efforts. The Adobe Foundation has also made a grant
to The Miami Foundation to advance the vibrant creative community
in Miami and support underrepresented creative communities in the
area.
Investor Q&A
Adobe will also host a meeting with financial analysts and
investors on Monday, October 14 at 2 p.m. ET at Adobe MAX. Adobe’s
executives will provide a brief presentation of the company’s
innovation and business highlights and participate in Q&A. Tune
in live at adobe.com/investor-relations. Following the event, a
replay and related materials will be available on the Adobe
Investor Relations site.
Forward-Looking Statements
This press release contains “forward-looking statements”,
including those related to Adobe’s new, enhanced or future product
capabilities, innovations and offerings and the expected benefits
to Adobe, all of which involve risks and uncertainties that could
cause actual results to differ materially and adversely from these
forward-looking statements. Factors that might cause or contribute
to such differences include, but are not limited to: failure to
innovate effectively and meet customer needs; issues relating to
development and use of AI; failure to realize the anticipated
benefits of investments or acquisitions; failure to compete
effectively; damage to our reputation or brands; service
interruptions or failures in information technology systems by us
or third parties; security incidents; security incidents; failure
to effectively develop, manage and maintain critical third-party
business relationships; risks associated with being a multinational
corporation and adverse macroeconomic conditions; failure to
recruit and retain key personnel; complex sales cycles; changes in,
and compliance with, global laws and regulations, including those
related to information security and privacy; failure to protect our
intellectual property; litigation, regulatory inquiries and
intellectual property infringement claims; changes in tax
regulations; complex government procurement processes; risks
related to fluctuations in or the timing of revenue recognition
from our subscription offerings; fluctuations in foreign currency
exchange rates; impairment charges; our existing and future debt
obligations; catastrophic events; and fluctuations in our stock
price. For a discussion of these and other risks and uncertainties,
please refer to Adobe’s most recently filed Annual Report on Form
10-K and Adobe’s most recently filed Quarterly Reports on Form
10-Q. Adobe undertakes no obligation, and does not intend, to
update the forward-looking statements, except as required by
law.
About Adobe
Adobe is changing the world through digital experiences. For
more information, visit www.adobe.com.
© 2024 Adobe. All rights reserved. Adobe and the Adobe logo are
either registered trademarks or trademarks of Adobe in the United
States and/or other countries. All other trademarks are the
property of their respective owners.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241014283216/en/
PR Contact Hilary McQuaide Adobe hmcquaide@adobe.com
Adobe (NASDAQ:ADBE)
Historical Stock Chart
From Dec 2024 to Dec 2024
Adobe (NASDAQ:ADBE)
Historical Stock Chart
From Dec 2023 to Dec 2024