Adobe (NASDAQ: ADBE) and Salesforce (NYSE: CRM) are two of the largest cloud-based software companies in the world. Eight years ago, Adobe started to transform its locally installed desktop software -- which included Photoshop, Illustrator, and Premiere Pro -- into subscription-based cloud services. Salesforce, which was founded in 1999, disrupted the market for on-premise customer relationship management (CRM) software by launching its applications as cloud-based services.
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