Adobe Launches Workfront to Improve Your Job Management Credentials

Adobe Launches Workfront to Improve Your Job Management Credentials

Adobe has announced the acquisition of project management software provider Workfront in a $1.500 billion deal. The acquisition is expected to close in February 2021 and will allow Adobe to add to its portfolio of marketing tools. Workfront has managed to gain a million user base by offering a central application tool that allows employees to do their best. Whether companies are leading a digital transformation or launching global marketing campaigns, Workfront empowers marketers to plan campaigns, track their effectiveness, and execute complex workflows. "Adobe is the undisputed leader in the creation, management, delivery and measurement of content and a trusted partner to digital leaders around the world," said Anil Chakravarthy, executive vice president and general manager of Digital Experience and Field Operations activity. Global at Adobe. . “The combination of Adobe and Workfront will further accelerate Adobe's leadership in customer experience management, providing a pioneering solution that spans the entire digital experience lifecycle, from ideation to design. activation ".

Billion Dollar Offer

Adobe and Workfront have a number of synergies that the two companies hope to take advantage of as part of their formal partnership. Marketers are important clients for both companies, which share clients such as Deloitte, T-Mobile, Under Armor and The Home Depot. Several Workfront APIs are also supported by Adobe products. Going forward, current CEO Alex Shootman will continue to lead the Workfront team, under the leadership of Chakravarthy. Together, they will be responsible for building business in a rapidly changing industry. During the coronavirus pandemic, companies sought a deeper analysis of the performance of their marketing campaigns as budgets remained tight. The partnership between Adobe and Workfront could provide the kind of information they are looking for.