Atlassian strengthens its commitment to deliver advanced cloud solutions for Indian enterprises
Atlassian Corporation has announced a commitment to deliver its advanced cloud offerings for the Indian market. Its customers in India include Ola Cabs, Reliance, Walmart Labs, and Flipkart, among others.
With India witnessing a huge uptake in cloud adoption, and with the cloud market expected to grow approximately 3-fold according to Nasscom, Atlassian is building products to cater to this demand. While also providing its Indian customer’s access to its innovative new cloud offerings Atlassian is also aiming to double its number of Indian employees. The company surpassed $1 billion in lifetime revenue on the Atlassian Marketplace, and posted total revenue of approximately $409 million for Q2’20, up 37% year-over-year, achieving record profitability.
Cloud has been the key driver of Atlassian’s growth and innovation, with overall subscription revenue, which is primarily cloud driven, growing at 50% year-over-year. The company has plans to invest aggressively over the next 12 months to grow its cloud business in India. With cloud security being a major focus for its cloud customers, Atlassian has also announced enterprise-grade controls and security features, with data privacy upgrades to its underlying cloud platform.
The company launched Forge, its new cloud app development platform, allowing their ecosystem developers to more easily and securely build cloud apps.
The company also launched new integrations, allowing the customers to integrate Atlassian cloud products with Microsoft Active Directory Federation Services (ADFS) for SSO, Google Cloud Identity for SSO and user provisioning, and Cloud Access Security Broker (CASB) providers for cloud security. Atlassian’s comprehensive cloud security offerings include data residency for customers who want greater control over where their data is located, and data encryption at rest and in transit to help guard against unauthorised access.
“India has some of the best tech talent in the world, which has fuelled the huge growth of our world-class R&D centre located in Bengaluru. The country’s exceptional technical talent, leadership, and business infrastructure naturally aligns with our long-term company goals,” said Archana Rao, CIO, Atlassian at Atlassian Cloud Connect 2020 summit.
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