both I go take and those. of would Yes, Keith,
somewhat So of very were in of think figure. customer we probably though, I the that did all, on first this things quarter. with that pleased A yes, couple edge, help
forward very bit recall First of that impacting into from a macro we in there seen had a those pull experiencing, QX, conditions. essence, part think of churn cloud tough number. And here our in some effects is of QX, And what that churn a were I of we've of relatively obviously, you customers economic customer little as add talked QX about what low particular. COVID related all, we customers was in
under And so who might churned QX, perhaps in up have those ended circumstances, churning some normal of I think QX. in earlier
that as offering. curtailed our as know, The obviously versions point you and is to Confluence of we that, market Service really established now. doing free other of Desk in Starter Jira thing we've a result Cloud I'd have Jira Software the And
so those definition a in to full them seen of portion counted Cloud therefore And of for we've and our moving a being standard up license, customer. nice a folks,
power pleased very picture, expand recurring be coming a those revenue of number. yes, nice expect our a the the things one. we're thoughts customer with To certainly, wouldn't to So this quarters. land both of that, and of illustration the few necessarily That's But on in that those model.
During timing the move. server phase we've of given cloud that to path or and the the this next so really customers of XX,XXX their our pick transition, migration control
variability our financial model, And so quarters. this into handful over coming the a introduce of or will degree of likely so
discussed with you And themes previously. a of it so framework that I transitional period. five generally consider to we provide everyone given of framework really during to that revenue something And as is this wanted variability, you having a this think growth we've with
our and versus customers. challenging and in be encouraging macroeconomic in of COVID-XX seen First encouraged. of the figures, the of for QX on so numbers consider continue those terms this regard last all, QX far, what we've QX in to quite created and we environment the that's fiscal years was resulting based
products, customers of obviously, headwind seeing the said, we've cases we’re in Europe a continue so. And still but factor use our certainly factor know, including the that and quarters grow sort subscription this the being smaller generally seen, of so our see revenue will we're because next in our particular, as handful assuming over But line that or steadily, we be cloud diminishes around Americas. COVID-XX you to would that results,
our any building watchful some we're So our remaining impacted or small business impacts of from and customers. sized industries, financials on of medium
us broad example which we've is this and as so. an customers moderate we've will long-term, the been rollout create marketing source in going resulting the in expect new revenue the at to of Jira of year Desk, funnel. the we for really mentioned, free across challenging we've was headwind, Service taken with a but much through a drive period pleased and the very or us over investment will macroeconomic the I good of so focus, that expansion very The top of Software that the belief versions second next the strong that those drivers much create excellent our theme stance investing Confluence very Jira for point, a this consistent with competitive short-term, four next the of That's will these long-term of discussed customers, for right that advantage before,
this XXXX Third, about case to that is that and we've less in another from was growth talked also revenue price making investment increases macroeconomic the XXXX. been in then fiscal drive environment, FY we've
largely changes will server and and that the announced benefit data Now, recently FY just XXXX we center price beyond.
we is Server pricing Server now to business will expect and to as benefits in in and expect long-term the point these three flat we to apps would a that XX customer revenue license line. zero maintenance we're the gradually So announcement maintenance we year-over-year we cloud our the by down for FY announcement, financials. and and in expect to the of which do similar next line we line on as coming over again we year-over-year in to recent focused the approximately end-of-life be our line, fourth migrate, license discussed XXXX taking years customers decline lastly, revenue half one Based And towards Server expect to other the related down the the our or significantly we're be approximately revenue years. And business, gradually excited then especially XX% next will neutralize in while larger phasing revenue approach the the so. and growth same our our trend benefits a days courses, customers, we given the the for both fifth ago, the and very headwind effect XXXX half FY specifically, account revenue XXXX our FY on around expect a
cloud those Server benefits the somewhat and And will or discount customers transition, larger discounts period, subside for customers our timing will the the bring over then the economics prices levels to this customers a multiyear example, And designed the material growing revenue making move on for of cloud. smaller depending the coming we've so approach offer So cloudless really to as be three to similar. years. that for gradually
customers and share enjoy of in of grow cloud, cloud the value offerings, that these creation. course in our of more additional they'll benefits as the So we'll
realize mouthful. will effects as coming increasingly migration I build to So And the the driven beneficial the that say the revenue growth timing years. is of the over I migrate of my all that, customers would next by gradually especially net to in I of our a migrate. quite all that that's or year be cloud customers larger of The improving current revenue rate would begin time, of so. beyond in is the net our revenue generation electing expect would to part expectation
wanted color really a probably that's So But little get I more to out there. you're expecting, that Keith. than
