Strong start to FY2020 for SUSE
SUSE has announced its financial results and highlights from the first quarter of its fiscal year 2020, which ended 31 January.
Reflecting a strong start to FY2020, the company reported a 12 percent year over year increase in Q1 revenue, including a 67 percent rise in cloud revenue.
Large deals continue to grow, with a rise in deals over $1m and significant customer wins such as SAP. SUSE added 52 new employees to its more than 1,600-strong employee base, further expanding the company’s market and customer reach.
Melissa Di Donato, CEO of SUSE, commented: “SUSE started 2020 with strong growth in strategically important areas, including cloud, high performance computing and containers-based computing. We continue to enable better futures and measurable value for our customers and partners through open collaboration and innovation. The market is responding very well to our commitment to their success – along with the choice and flexibility that SUSE uniquely provides.”