Vancouver-British Columbia, Bangalore-India : SUSE, an open source provider for enterprises has embarked upon its next phase of corporate development as a stand-alone company post the financial backing from private equity investor EQT. It has continued to grow and build momentum with its core products, emerging solutions, communities and partners while expanding its presence in new market segments. As a stand-alone entity SUSE is better positioned than ever before to shepherd enterprises through the demands of digital transformation with open source innovation and expertise in software-defined infrastructure, application delivery and cloud technologies.
“SUSE has thrived for decades by following two simple principles – listen to the customer, and embrace innovation and change on their behalf,” said Nils Brauckmann, CEO – SUSE. “SUSE is on a growth trajectory, expanding both organically and through technology acquisition. This ‘build-and-buy’ expansion model creates continuous value for customers and drives sustainable growth for both the top and bottom lines of the business. As the business grows, SUSE remains committed to being the open, open source company, where open refers to the freedom of choice provided to customers and not just our code.”
For the six months ending April 30, 2018, SUSE saw revenue of $182.9 million, which represents continued growth of approximately 17 percent over the same period in the previous year. Adjusted EBITDA for that period was $56 million, nearly 23 percent year-over-year growth. Since August 2017, SUSE’s employee base has grown nearly 20 percent to approximately 1,400 employees today, as the company has invested heavily in its engineering and customer services organizations.
SUSE’s investment in flexibility and its evolution from a Linux vendor to a cloud, software-defined infrastructure and application delivery solutions company has generated momentum and profitable growth as it continuously adapted to the requirements of partners and customers.
“Over the past few years, SUSE has expanded its portfolio into new areas, such as storage, cloud, containers and application delivery. With new independence and backing from Swedish private equity (PE) firm EQT Partners, SUSE is answering market demand for a neutral, yet comprehensive hybrid cloud platform that supports multiple public and private clouds as well as on-premises infrastructure integration with software such as its SUSE Linux Enterprise 15,” said Jay Lyman, Principal Analyst – 451 Research.
SUSE’s leadership in established and emerging markets is evident globally, as its customers include nine of the 10 largest aerospace companies worldwide, 10 of the world’s largest automotive manufacturers, four of the five largest banks in the world, half of the world’s largest supercomputers, and 80 percent of the Fortune Global 50.
In addition, 70 percent of all SAP applications running on Linux run on SUSE Linux Enterprise, including more than 90 percent of SAP HANA deployments. SUSE created and has led the mainframe Linux market for more than 17 years.
“As founding members of the Linux Foundation, IBM continues working with SUSE on key open source initiatives including bringing SUSE Linux Enterprise Server forward as a fully supported, enterprise-grade operating system optimized for IBM platforms including IBM Z, LinuxOne and Power Systems. Our work together for supporting SAP HANA on IBM Power Systems, KVM on the Z architecture, IBMz/VM support and integration with cloud and container-based technologies is accelerating customer adoption of open source platforms,” said Kathy Bennett, VP – IBM Systems ISV Ecosystem Technical Development & Support.