Of course, and looking at their financials, they are doing better than ever. Moreover, a bunch of competitors at various ends of the market have popped up, so I would claim it is even a lot better for customers now. Win-win.
A few years ago, I was really distraught, because Aperture was languishing and the only alternative was Lightroom whose UI I hated. That still hasn‘t changed, and I don‘t own any Adobe software. But looking at the company, I still think it is making the right moves: it slowly converted its business model to a subscription model which helped their bottom line. And they are investing, as far as I can tell, in the right technologies (the cloud, automated image processing, etc.). Moreover, they are willing to replace software with ground-up rewrites and provide a slow migration path. Despite the change in business model, end users are paying less in subscription fees than if they had bought the shrinkwrapped Adobe CS Studio box every time it was updated. But customers have the added advantage that everyone is using the latest version. All of that sounds good to me. And thanks to the change in OS ecosystems, serious competitors are popping up.
A fair point, up until we observe that Adobe's prior revenues indicated that their typical customer wasn't buying every upgrade, but had gone effectively to a "Skip Upgrade" (buying every other) behavior, which from the philosophy that the 'market is always correct' perspective means that Adobe had been unsuccessful in making their upgrades (& price) sufficiently compelling for their customers. If this wasn't the case, then they wouldn't have increased revenues/profits when they went to their current business model.
I was thinking of larger businesses where you had always had to deal with service contracts and such — you needed to pay regularly to keep on using software. The only difference now is that in the past few years, software subscription went from being a larger business thing to being something regular customers now have to deal with.
Sort of. The historical and business-centric service contract model you're referring to had its genesis from the days before desktop PCs, and it was the desktop PC which disrupted this. Yes, you're quite spot-on in noting that with the service contract model being pushed to PCs that this shouldn't be a big paradigm shift for business ... as well as it clearly being something that is new for the home market.
I don‘t think this is manipulation, not even marketing, but a big benefit for everyone. Most software subscriptions only make you pay for months that you actually use their product. I could cancel my Strava Premium subscription now and will lose the associated perks soon after. So it may actually be better for customers to pay on a monthly basis.
Easy enough when one has one's work product data locally ... but when that is now in the Cloud too, missing a monthly payment has ... what length of a grace period before the data is wiped?
I assume you are talking about specific features, right? In this case you want to say that even though the Lightroom CC subscription includes cloud storage, even though you have no intention to use it, you still have to pay for it, correct?
Sort of (see below)
If that‘s what your argument is, then I‘d say that you do that with any product: there are always many features that you don‘t use, but you will have to pay for them. But I don‘t feel cheated just because my Microsoft Office license helped fund development of PowerPoint (which I never use). The cloud has for most software companies become table stakes.
Fair enough, but my perspective here is that there's now issues like them using my data set for their auto-recognition AI development ... as a condition of the EULA. That's a product that they clearly have the intent to go make other profits from. So where's my cut? When there's no such compensation thus offered, then where's the provision for me to opt out of them using my data for ANY of their own benefit purposes?
Like it or not, but our metadata is worth tons of money to the corporations ... and they know it.