Independent open source software company SUSE aims to triple its business in Asia-Pacific and Japan (APJ) in the next three years.

The bold predictions come hot on the heels of a 22 percent growth annual contract value bookings in H1 as compared to the same period last of the previous fiscal year. The company’s cloud business also saw massive gains of 75 percent in H1.

SUSE has appointed Phillip Miltiades as President for APJ. Sydney-based Miltiades is responsible for leading and transforming SUSE with laser focus on driving customer and partner business outcomes and success.

“Miltiades’ appointment will extend our capabilities to serve the evolving needs of customers looking to simplify their IT infrastructure, modernise applications and accelerate their business through digital transformation,” said Paul Devlin, Chief Customer Officer of SUSE.

Increasing open source adoption

“Increasingly, open source is being adopted for leading edge innovation like mobile, big data, AI, and machine learning, and we see great potential for growth across APJ. We provide simplified, innovative and adaptable open source solutions for our customers’ mission-critical business applications to help them achieve the outcomes they desire,” said Miltiades.

As part of a phased multi-faceted investment and growth plan, SUSE aims to drive broader and deeper adoption of innovative open source technologies in key verticals including financial services, automotive, public sector, high-tech, and manufacturing.

SUSE will heavily invest in people to service key focus markets, and further enhance its engineering, services and support presence across the region.