The product, by the way, supports not only Teams, but also will support shortly also Zoom solution and probably also WebEx solutions. So, all in all, it’s the only true multi-platform solution out there that should be able to get on board fairly quickly smaller accounts into a very powerful UC service.
Gregory Burns: Okay. And then, the improvement you saw in the Microsoft business this quarter sequentially. Have you seen that continue into this quarter? Are you seeing businesses more willing to move forward with maybe projects that were delayed? What’s the market environment look like there around Microsoft? And then, looking forward, should we just expect the growth of Microsoft now just to line up with teams at this point? Thanks.
Shabtai Adlersberg: Sure. Yes. Well, the environment is really — we saw improvement in the second quarter. I think, the question that hoover in the first quarter, whether we’re going into a recession or not. I think in the second quarter that went a bit away. So, businesses are willing to invest more moving forward with their projects. So, all in all, yeah, regarding the split between Teams and Skype for Business, yes, we are glad to say that we are really at the end of the decline in Skype for Business, which hurt the Teams growth. So, yeah, going forward, the main businesses Teams and it’s growing nicely. I would expect that business to continue to grow in the range of 15% to 20% year-over-year.
Gregory Burns: Okay. Thanks. And then, just lastly, how much revenue you’re generating from your Voice AI suite of products now? And how much do you expect that to grow this year?
Shabtai Adlersberg: So, I think I gave some numbers in the past. Last year, we did close to $6 million. We plan this year to grow at least 50%. But as several of our applications are maturing this year, we do expect even larger growth to start next year. So, next year, I would count on a 50% to 70% growth. All in all, we have just to give you an idea. We have four different areas of activities. I’ve mentioned Voice AI Connect, which is already selling in several millions a year. We just started out with Meeting Insights. We do have Smartapp, which is a compliance solution. We have the Voca CIC, which again shows very strong ramp-up in bookings. And we will plan on adding interaction analytics going forward. So, as I’ve mentioned on the call, we believe that these many different activities in the CX, the customer experience market will definitely help us grow conversational AI rapidly over the next years.
Gregory Burns: Okay. Great. Thank you.
Shabtai Adlersberg: Sure.
Operator: Your next question is coming from Ryan Koontz at Needham & Company.
Ryan Koontz: Hi. Thanks for the question. First, a clarification on my interpretation as we think about the live subscription, $40 million ARR and new product revenue at $30 million. Is it fair to interpret that with the transition from license to subscription for new footprint going out the door right now is around 25% subscription. Is that a fair assessment?
Shabtai Adlersberg: Pretty much. Yes, at this stage, I think we have gone pretty upward with our live subscription. I believe that in terms of bookings that’s close to 25% of our overall Teams business.
Ryan Koontz: That’s great. And then, circling back to contact centers. Can you update us on any of your strategic kind of partner developments in this space be it some of the big players like Genesis and Five9 or any pure CCaaS players, including Amazon progress with there? Any updates on your kind of strategic plans with your contact center partners, would be helpful. Thank you.
