Is Adobe embracing the cloud a sign of the times?

Recent headlines are full of companies moving towards SaaS (software as a service) models.
Many of these are perky start-ups utilising new opportunities, whilst others are high-profile players like Adobe, which has announced going forward that its “Creative Suite” products will exist solely in the cloud.
Adobe, at the annual “MAX” event, has completely re-branded the companies most well-known Creative products which consists of Photoshop, InDesign, Illustrator, Dreamweaver, and...