Confluent, Inc. (NASDAQ:CFLT) Q4 2022 Earnings Call Transcript

And then Governance is just one of these topics. It’s top of buying for every customer. And we’ve seen really, really great results for that now emerging product as a business. We’ve seen a lot of consumption driven by that. And that was a little bit unexpected. We thought that was going to satisfy a need and maybe unblock customers and other things. But in fact, we’ve seen it actually really outperform our expectations so far, and we’re excited about what’s possible for that in the year ahead. And it’s not surprising. I think there are kind of two pressures on organizations. On one hand, they need to like do more with data and put it to use to be successful. On the other hand, they have just increasing numbers of restrictions on how they do that.

and the risk associated with it. So if you give them tools that help balance those two pressures, it obviously meets with a great reception.

Shane Xie: All right. Thanks, everyone. This concludes today’s earnings call. We really appreciate you joining us. Take care.