SUSE’s FY 2020 Q2 ACV Bookings Grew 30 Per Cent Year-On -Year

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  • SUSE said that there was a 63 per cent increase in customer deals worth more than $1 million
  • It saw a 70 per cent increase in cloud revenue

SUSE’s Q2 ACV (annual contract value) bookings increased 30 per cent year over year as per the results from the second quarter of its fiscal year 2020 ended 30th April. it received 29 per cent regional ACV bookings growth in Asia Pacific and Japan despite COVID-19 impact throughout the entire quarter as per the company.

SUSE said that there was a 63 per cent increase in customer deals worth more than $1 million. It saw a 70 per cent increase in cloud revenue as the company continues to expand its cloud service provider network. It is doing so by adding and growing relationships with partners including Britehouse, Exoscale, Magic Cloud, Nordicmind and Pedab as per SUSE.

Melissa Di Donato, SUSE CEO said, “Unprecedented times trigger collaboration where communities come together to innovate for the greater good. 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.”

Fast-track  digital transformation

SUSE said that it has been able to leverage its global and distributed workforce and transition to a “working from home” setup without disruption. It began the quarter by 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.

With support from Microsoft, SUSE said that it 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. It will do so by giving access to free SUSE Linux Enterprise High Performance Computing on Microsoft Azure.

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