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Parasnis Named CTO of Adobe

Abhay Parasnis becomes Chief Technology Officer of Adobe, as well as the California company’s Senior Vice President of platform technology and services. He is tasked with driving Adobe’s technology strategy, architecture and innovation roadmap for its cloud services, which includes its flagship Creative Cloud, Adobe Marketing Cloud, and most recently Adobe Document Cloud.

Parasnis was instrumental in building the early cloud-computing platforms at both Microsoft and Oracle. “Abhay brings a powerful combination of technical credentials and operational experience to this new CTO role,” said Shantanu Narayen, Adobe’s President and CEO. “Our cloud platforms are the foundation for our next phase of innovation and growth as a company, and Abhay is the ideal candidate to lead this initiative.”

Parasnis most recently served as President and Chief Operating Officer of venture-funded enterprise mobility player Kony. He previously held a senior management role with i2 Technologies, where he led the development of a Supply Chain Collaboration product line called Rhythm Collaboration Suite. At IBM, Parasnis contributed to the early Java platform including JavaBeans Extensions.

“Adobe has set the standard on how to successfully shift to a cloud-based business while delivering great innovation for customers,” said Parasnis. “Adobe’s cloud initiatives are dramatically re-shaping how content is created, measured and consumed, which is unique in the software world and a great technical challenge. I’m excited to dive in and make great things happen.”

Parasnis holds a bachelor’s degree in electronics and telecommunications from the College of Engineering Pune, and holds more than 20 patents spanning enterprise and consumer Internet technologies.