Microsoft and AWS Building Out Their Software Stacks

On a cash flow basis, there's a big debate in my space how expensive is industrial software. Right now, I would guess SaaS is probably over 10%, but the view is that it's going to get over 50 fairly fast. The third one, Microsoft and AWS building out their software stacks. We shall see how disruptive these two will be. But that's something they're material and we do expect, just given the numbers that the industry is talking,. Just generally, this should be a high area of growth.