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SUSE Reports 70% YoY Increase In Global Cloud Revenue In Q2


SUSE has reported a 70% increase in global cloud revenue for the second quarter of its fiscal year 2020 ended April 30. The open source software company said that it continues to expand its cloud service provider network, adding and growing relationships with partners including Britehouse, Exoscale, Magic Cloud, Nordicmind and Pedab.

SUSE also registered a 30% jump in its Q2 ACV (annual contract value) bookings year over year, with significant 29% regional ACV bookings growth in Asia Pacific and Japan despite COVID-19 impact throughout the entire quarter.

Additional Q2 highlights include: a 63% increase in customer deals worth more than $1 million as well as a 31% increase in renewals ACV bookings.

Noteworthy new wins include Army and Air Force Exchange Service in the United States and international automotive software company Elektrobit.

For employees, SUSE said it has been able to leverage its global and distributed workforce and transition to a “working from home” setup without disruption. For customers, the company began the quarter providing free technologies to medical device manufacturers, offering special programs to help businesses fast-track their digital transformation and providing access to free online training for customer IT staff.

Customers are said to have responded positively, as thousands of them have accessed SUSE training since the offer went live.

With support from Microsoft, SUSE said that the company could 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.

Further, SUSE has plans to continue providing free technology solutions and service offers to those who help to respond to the current and potentially future global challenges.

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