Azure IP Co-sell Eligibility

An ISV is unlikely to meet the Azure Consumed Revenue (ACR) requirement of Azure IP co-sell eligibility based on their end customers' ACR.

For ACR to count toward the requirement, it must fall under one of several https://learn.microsoft.com/en-us/partner-center/insights/azure-usage-report#available-partner-attribution-types. An ISV is unlikely to use the "partner admin link," "partner of record," "CSP Tier 1"," "CSP Tier 2", or "transacting partner of record" attribution types; and "deal registration" requires Azure IP co-sell eligibility.

That leaves the "partner as end-customer" attribution type, which depends on the partner's own ACR. You mentioned that your solution has low consumption, so Marketplace Billed Sales could be your quickest route to Azure IP co-sell eligibility.