WEBVTT 00:00:00.360 --> 00:00:03.040 Thanks Sunder. Hello and Welcome. 00:00:04.000 --> 00:00:05.360 Thanks for joining us today. 00:00:06.200 --> 00:00:08.720 I hope you're safe and taking good care. 00:00:10.320 --> 00:00:13.520 The macro-economic environment continues to be challenging 00:00:13.600 --> 00:00:15.320 everywhere around the world. 00:00:16.200 --> 00:00:21.920 Companies of all sizes across B2C and B2B are grappling with the same concerns, 00:00:22.200 --> 00:00:25.920 keeping employees safe and maintaining business continuity. 00:00:26.840 --> 00:00:29.360 Entire industries from media and entertainment 00:00:29.440 --> 00:00:32.560 to pharma, retail and financial services 00:00:32.800 --> 00:00:36.800 have had to pivot overnight to all-digital operations. 00:00:37.640 --> 00:00:39.880 Content creation and consumption 00:00:39.960 --> 00:00:41.520 are exploding in a world 00:00:41.600 --> 00:00:45.200 where connecting visually has become even more essential. 00:00:46.160 --> 00:00:50.280 Students are adapting to learning remotely instead of in a classroom. 00:00:51.280 --> 00:00:55.000 Electronic workflows and signatures are the preferred way 00:00:55.080 --> 00:00:57.560 to complete business transactions. 00:00:58.800 --> 00:01:00.720 The world has changed in a way 00:01:01.440 --> 00:01:02.880 that we could have never foreseen. 00:01:03.840 --> 00:01:05.320 As leaders in this new world, 00:01:05.400 --> 00:01:11.080 I know each of us is acutely feeling the impact across every dimension, 00:01:11.920 --> 00:01:13.160 and Adobe is no different. 00:01:13.760 --> 00:01:16.120 Employee health and safety is paramount, 00:01:16.400 --> 00:01:21.080 and we took early and decisive action to direct our teams to work from home, 00:01:21.480 --> 00:01:24.520 suspend travel and cancel in-person events. 00:01:25.760 --> 00:01:30.080 We immediately focused on helping our customers successfully pivot 00:01:30.360 --> 00:01:33.080 and adapt to an all-digital environment. 00:01:34.720 --> 00:01:38.560 Throughout it all, I've been inspired by our employees, 00:01:38.880 --> 00:01:43.320 who have demonstrated incredible resiliency and dedication. 00:01:45.720 --> 00:01:48.560 While this new reality changed our world overnight, 00:01:48.640 --> 00:01:52.560 it actually represents the acceleration and amplification 00:01:52.640 --> 00:01:56.800 of macro-digital trends we've all been experiencing for years. 00:01:57.600 --> 00:02:00.280 Whether it's the Golden Age of Design and Creativity, 00:02:00.880 --> 00:02:03.960 the imperative for digital customer engagement 00:02:04.040 --> 00:02:05.840 or paper-to-digital automation, 00:02:06.440 --> 00:02:09.080 it's clear that digital is increasingly becoming central 00:02:09.160 --> 00:02:12.800 to how we live, work, learn and play. 00:02:14.480 --> 00:02:16.800 At Adobe, we feel fortunate to be the leader 00:02:16.880 --> 00:02:18.000 in three categories, 00:02:18.080 --> 00:02:20.760 with massive tail winds in this environment. 00:02:21.720 --> 00:02:26.400 As people seek new ways to communicate, learn and conduct business virtually, 00:02:26.920 --> 00:02:30.440 Adobe's mission to change the world through digital experiences 00:02:30.520 --> 00:02:32.280 has never been more meaningful. 00:02:34.440 --> 00:02:38.720 We're powering the content explosion by unleashing creativity for all 00:02:38.800 --> 00:02:43.280 with Adobe Creative Cloud, giving anyone, anywhere, 00:02:43.360 --> 00:02:45.040 the tools to tell their stories. 00:02:46.000 --> 00:02:48.880 As documents become central to business continuity 00:02:48.960 --> 00:02:50.760 in today's remote work environment, 00:02:51.200 --> 00:02:55.520 we're accelerating document productivity with Adobe Document Cloud, 00:02:55.600 --> 00:02:59.600 enabling individuals and businesses to operate successfully. 00:03:00.640 --> 00:03:03.720 And as companies look to connect with their customers digitally, 00:03:04.240 --> 00:03:09.200 we're powering digital businesses of all sizes with Adobe Experience Cloud, 00:03:09.280 --> 00:03:14.400 helping brands design and deliver amazing customer experiences. 00:03:16.600 --> 00:03:20.600 While I must admit that I miss the energy of the office, 00:03:21.200 --> 00:03:25.320 working from home has afforded me the ability to regularly meet 00:03:25.400 --> 00:03:29.000 with CEOs and other C-level executives around the world 00:03:29.320 --> 00:03:31.120 without the barrier of travel. 00:03:32.280 --> 00:03:35.840 Our conversations consistently centre around the same topics, 00:03:36.280 --> 00:03:41.200 digital has become the principal way to attract, engage and convert customers. 00:03:42.040 --> 00:03:45.120 And there's a heightened sense of urgency for every company 00:03:45.520 --> 00:03:47.280 across every industry 00:03:47.360 --> 00:03:49.760 to accelerate their digital transformation. 00:03:51.120 --> 00:03:54.080 As I reflect on Adobe's own digital transformation 00:03:54.160 --> 00:03:55.240 over the last decade, 00:03:55.720 --> 00:03:57.280 there are a few themes that emerge: 00:03:58.240 --> 00:04:01.840 First, people buy experiences, not products. 00:04:03.040 --> 00:04:07.520 People want their interactions to feel personalised, easy and efficient. 00:04:08.400 --> 00:04:12.720 They expect their experiences to be well-designed, context-aware 00:04:13.040 --> 00:04:16.040 and seamless across different channels, and secure. 00:04:17.240 --> 00:04:19.840 And this expectation is especially heightened 00:04:19.920 --> 00:04:21.520 in today's environment 00:04:21.600 --> 00:04:24.800 as every customer interaction becomes digital. 00:04:26.560 --> 00:04:29.960 As companies earning your customers' trust and loyalty, 00:04:30.520 --> 00:04:33.720 it means you must understand them better than anyone else 00:04:33.960 --> 00:04:37.680 and deliver exactly what they want, when they need it. 00:04:38.800 --> 00:04:40.040 It's easier said than done. 00:04:40.120 --> 00:04:43.000 It requires businesses to merge content, data, 00:04:43.240 --> 00:04:45.840 and artificial intelligence and machine learning 00:04:45.920 --> 00:04:50.800 to deliver these compelling relevant personalised experiences in real time. 00:04:51.680 --> 00:04:56.040 In other words, you need to design for brilliance, but wire for intelligence. 00:04:57.440 --> 00:05:01.440 As businesses work to architect their systems around the customer, 00:05:01.800 --> 00:05:04.360 it's changing how organisations operate. 00:05:05.360 --> 00:05:07.800 We have found that the most successful businesses 00:05:07.880 --> 00:05:11.160 all have something in common, a strong partnership 00:05:12.120 --> 00:05:15.960 between the chief information officer, and the chief marketing officer 00:05:16.040 --> 00:05:17.480 and the chief digital officer. 00:05:18.480 --> 00:05:22.720 In fact, you could say it's the decade of the CMO and CIO. 00:05:26.000 --> 00:05:30.760 Being a customer-centric business requires us to radically reimagine 00:05:31.080 --> 00:05:34.160 how we organise and operate around the customer journey. 00:05:35.480 --> 00:05:38.800 When we began our own journey at Adobe, we had several questions. 00:05:39.440 --> 00:05:42.320 How do we engage with customers on the channels they choose, 00:05:42.400 --> 00:05:43.480 when they choose? 00:05:44.320 --> 00:05:46.960 Once we engage, how can we move them from one step 00:05:47.040 --> 00:05:49.240 of the customer journey to the next? 00:05:49.960 --> 00:05:53.840 And how will we measure success and scale experiences 00:05:53.920 --> 00:05:57.240 for not just one customer but tens of millions? 00:05:58.320 --> 00:06:00.240 It was a critical challenge for us to solve 00:06:00.320 --> 00:06:06.080 and it required us to completely transform how we operated across every department. 00:06:07.080 --> 00:06:10.280 We created a new unified approach for running our business 00:06:10.640 --> 00:06:14.600 called the data-driven operating model, or DDOM for short. 00:06:15.440 --> 00:06:19.240 And what DDOM does is it combines the narrative of the customer journey 00:06:19.320 --> 00:06:22.800 with the data that shows us exactly how it's unfolding. 00:06:24.160 --> 00:06:29.320 At every stage of the customer journey, from discover, to try, buy, use and renew, 00:06:29.760 --> 00:06:32.400 there are clear metrics and ownership by function, 00:06:32.480 --> 00:06:36.640 marketing, sales, product, finance and IT, globally. 00:06:37.440 --> 00:06:40.240 And this DDOM operating model has enabled us 00:06:40.800 --> 00:06:44.960 to democratise data and empower our teams to make these business decisions 00:06:45.240 --> 00:06:47.880 based on real-time insights and data. 00:06:48.640 --> 00:06:53.080 And the best part is we built DDOM using all of our own products. 00:06:55.480 --> 00:06:58.480 Today, Adobe provides the most comprehensive suite 00:06:58.560 --> 00:07:00.640 of applications and services 00:07:01.320 --> 00:07:06.520 to orchestrate the entire customer journey across B2B or B2C. 00:07:08.680 --> 00:07:10.840 Experience Cloud is playing a pivotal role 00:07:10.920 --> 00:07:14.120 in powering digital businesses globally today, 00:07:14.600 --> 00:07:17.520 helping brands get their commerce engines up and running 00:07:17.800 --> 00:07:21.600 and enabling personalised real-time customer engagements 00:07:21.840 --> 00:07:24.640 across every single touch point. 00:07:26.800 --> 00:07:29.400 Digital transformation is not just about technology. 00:07:29.480 --> 00:07:34.800 It's as much about people, processes and creating new DNA within an enterprise. 00:07:35.640 --> 00:07:36.840 And through our own learning, 00:07:36.920 --> 00:07:42.080 we developed a blueprint for addressing these key areas of transformation. 00:07:43.120 --> 00:07:46.640 With the customer experience management, or CXM playbook, 00:07:46.720 --> 00:07:51.920 we're helping businesses of all sizes across every industry do the same. 00:07:53.320 --> 00:07:57.560 As we all continue to navigate this unprecedented environment, 00:07:57.640 --> 00:07:59.200 please count on us 00:07:59.280 --> 00:08:02.120 and the broader community of business leaders, 00:08:03.600 --> 00:08:06.600 because at the end of the day, your success is our success 00:08:06.960 --> 00:08:10.280 and it's upon each one of us to help one another 00:08:10.560 --> 00:08:15.840 and our businesses and the economy emerge stronger than ever before. 00:08:17.040 --> 00:08:20.960 Thank you so much for joining us today. And enjoy the experience. 00:08:23.000 --> 00:08:24.000 Simon, back to you.