The Future of Automation Demand

The imperative to produce and become more efficient never goes away. But there's a new set of opportunities and companies themselves are figuring out how to exploit the tools available to their advantage as well. We see automation stand having picked up from roughly 4% to mid teens over the past couple of years. Transition to SaaS is accelerating this band. And finally, I would also add another lever here is that we've done some work. So you put it all together and we think that on the software side, the underlying industry spent is accelerating. It could almost double the growth rate to mid teens for sustainable number of years. Thank you.