SUSE reports 63% increase in customer deals worth over $1m
The company’s Q2 annual contract value (ACV) bookings increased by 30% year-over-year, with a 29% regional ACV booking growth in Asia Pacific despite COVID-19 impact.
Open-source software company SUSE announced its financial results and highlights from the second quarter of its fiscal year 2020 ended April 30.
The company also reported a 63% increase in customer deals worth over $1 million, and a 31% increase in renewals ACV bookings.
SUSE also saw a 70% increase in cloud revenue as the company continues to expand its cloud service provider network, adding and growing relationships with partners including Britehouse, Exoscale, Magic Cloud, Nordicmind and Pedab.
“Unprecedented times trigger collaboration where communities come together to innovate for the greater good,” said Melissa Di Donato, SUSE CEO.
“SUSE, like many others, has been impacted by recent world events, and we are extremely grateful for the strength of our company and employees, our innovative, impact-delivering technologies, and our loyal customers, all of which have put us in the position to provide help and support to others.”
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For customers, the company began the quarter providing free technologies to medical device manufacturers, offering special programs to help businesses with their digital transformation and providing access to free online training for customer IT staff.
With support from Microsoft, SUSE is amplifying its offer to provide free operating system and container management technologies to companies supporting the manufacture of medical devices to battle COVID-19 by giving access to free SUSE Linux Enterprise High Performance Computing on Microsoft Azure.
SUSE said it intends to continue providing free technology solutions and innovative service offers to those who help to respond to the current and potentially future global challenges.
According to the company, SAP HANA users can now take advantage of high-capacity Intel Optane DC persistent memory in the data centre, with users now granted the ability to optimise their workloads by moving and maintaining larger amounts of data closer to the processor.
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