Cloud Is an Important Driver of Innovation Beyond Modernization

In the first two sections of our report, I think around innovation, cloud is an important driver of innovation beyond modernization for platform strategies. Cloud is right in there as one of the important platform enablers. And when we looked at the individual technologies, perhaps not surprising, looking at cloud, AI and cyber, we found that investments in cloud technologies signaled by the 10k filings showed that cloud was three times the value driver market cap compared with cybersecurity investments which were also positive.