2003 Business Model Cloud Payment Features 
SaaStr
APRIL 24, 2020
It started back in 2003, when I joined Omniture, which was an analytics company founded here in Utah. John Mellor: And that year, when I joined in 2003, Omniture did $8 million in revenue. ” Clearly, Wall Street and the Adobe team knew the benefit of a subscription business model and the transition into SaaS.
SaaStr
MAY 30, 2019
We sold that to IBM in 2003, and it was a fantastic experience. And, during that period of time we began to see the early phase of cloud and SaaS companies, and we saw the change in the business model and had conviction that it was a powerful change and would really fundamentally alter the way we thought about software companies.
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