April 25 (Reuters) - Enterprise software maker Atlassian ( TEAM )

on Thursday forecast fourth-quarter revenue above Wall

Street estimates, signaling a surge in demand for artificial

intelligence-enabled cloud services.

The positive outlook signals growing demand for its cloud

services, as large pool of enterprises are increasingly moving

towards cloud from servers and are opting for paid premium

edition.

Cloud revenue growth in rose 30% to $703 million in the

third quarter from a year ago, which is primarily driven by

companies moving to AI-enabled cloud premium after the company

announced end-of-support for servers.

The company, which was being led by its co-founders Scott

Farquhar and Mike Cannon Brookes as co-CEOs, said Farquhar will

step down from his role while Brookes will continue as CEO.

Atlassian ( TEAM ), which has over 300,000 customers, offers

collaboration tools such as Jira software for planning and

project management, and Confluence for content creation, among

others.

Atlassian ( TEAM ) expects fourth-quarter revenue to be in the range

of $1.12 billion to $1.14 billion, compared with the estimates

of $1.11 billion, according to LSEG data

The software maker's revenue stood at $1.19 billion in the

three months to March 31, compared with analysts' average

estimate of $1.10 billion.

The company reported a profit of 5 cents per share in the

quarter, compared to a loss of 81 cents per share in the

year-ago quarter.