Atlassian News

The Q3 FY24 letter to Atlassian shareholders provides an update on the company's mission to unleash the potential in every team, addressing customers, stakeholders, and shareholders. However, this quarter holds special significance. Scott Farquhar, after an incredible 23 years, has chosen to resign as co-CEO. 

Atlassian is rolling out a new Customer Agreement, effective for all new orders or renewals, aiming to simplify and balance contractual terms for its customers. The agreement consolidates terms for Atlassian Cloud and Data Center products, replacing previous agreements. Key updates include enhanced protection for data incidents and improved transparency on data security measures. Atlassian has partnered with TermScout to evaluate the new contract, which received a favorable rating. 

Valiantys acquires GLiNTECH, an Atlassian Platinum Partner in Australia, expanding its market reach to the Asia-Pacific region. The merger enhances their capabilities in Atlassian-specific services and provides access to untapped markets like New Zealand and Singapore. 

According to the latest letter from Atlassian co-founders, Atlassian has reached a significant milestone with their first-ever $1 billion revenue quarter and over 300,000 customers. They are accelerating cloud migrations, enhancing product innovation, and embracing AI to empower teams. 

Tempo Software is acquiring Alpha Serve to expand its Strategic Portfolio Management Solution. This acquisition brings enterprise-grade data connectivity solutions that seamlessly integrate software systems like Atlassian Jira and ServiceNow with popular Business Intelligence Tools such as PowerBI and Tableau.

Atlassian has just acquired Loom, a platform for making and sharing quick videos. By combining Loom's video features with Atlassian's expertise, they hope to make collaboration even better, especially for remote workers. For example, engineers could use videos to show issues in their project management tool, Jira. It's a big move that could bring exciting changes for teams everywhere.

In an article published in Forbes, Robert DeFrancesco offers a comprehensive analysis of Atlassian's financial health and growth, compares it with previous fiscal years, and sheds light on its investment prospects. We've highlighted key figures from the recent year, which ended in June 2023, below.

Atlassian has promoted Avani Prabhakar as the global head of talent and HR business partners. In this role, she'll focus on enhancing company performance, streamlining operations for employee programs, and growing DEI initiatives. 

For starters, dive into the future as Atlas enhances your experience with AI-driven solutions. The team is releasing its debut feature: a shorten update button, designed to keep Atlas updates snug within the 280-character cap.

Read this update to customers, stakeholders, and shareholders on Atlassian's mission to unleash the potential in every team.

Many options are available to help you automate tasks across Atlassian products. From user-friendly, no-code solutions like Automation for Jira and Confluence to powerful third-party apps, users have ample choices to enhance their automation capabilities. However, for developers seeking a little excitement, Atlassian Cloud offers an innovative app development platform called Forge.