DCP by Jan Ozer
With Apple and Avid choosing to skip NAB, I was curious as to AdobeÃ¢â‚¬â„¢s thoughts about the value of the show to them, and why they stayed in. Once I started talking with Simon Hayhurst, senior director of product management for AdobeÃ¢â‚¬â„¢s Dynamic Media
Organization, several other questions came to mind, and we ended up chatting for about an hour or soÃ¢â‚¬â€starting with NAB, and then ranging into topics such as the success of CS3 on the Mac platform, the future of video editing products, AdobeÃ¢â‚¬â„¢s P2 support, and the long-term value of metadata. DCP: What is the value of NAB to AdobeÃ¢â‚¬â„¢s audio and video production tools business? Hayhurst:
When I think of NAB, I see 110,000 people from the broadcast industry gathered in one place. ItÃ¢â‚¬â„¢s phenomenal the business that gets done. Contacts at NAB ultimately led to a significant deal with the BBC and other remarkable deals across multiple geographies and industries that I canÃ¢â‚¬â„¢t yet identify. Over the last 24 months, we roughly doubled our tools business, and thatÃ¢â‚¬â„¢s in a market that growing at 11 percent to 13 percent annually. ItÃ¢â‚¬â„¢s clear weÃ¢â‚¬â„¢re taking business away from someone, and our goal is to again double our business over the next two years. To do that, we have to double down and invest more. Obviously, if youÃ¢â‚¬â„¢re losing share, itÃ¢â‚¬â„¢s a different problem altogetherÃ¢â‚¬â€you really have to figure out where to invest your marketing dollars. For us, at this stage of our business, NAB is the single most significant thing we can do to drive our business. read more...