Joel Fishbein: Thank you and also congrats on a strong execution and Jim welcome to the first call. Rick, a quick question for you, you mentioned app security. It’s obviously a good focus. I know it’s very early days, but it’s really a pretty competitive environment out there. Love to hear what the customers are saying about Dynatrace and how you’re approaching that market and maybe some of the competitive differentiation you might bring to the table, considering a lot of the security-centric guys are trying to attack this market as well? Appreciate it.
Rick McConnell: Right. Thanks Joel. The AppSec market, as you pointed out, is very crowded and this is why the strategy around Dynatrace associated with this market is really oriented to ensuring that the AppSec areas in which we participate are those that gain leverage from our overall platform deployment. Where observability and AppSec converge, those are the AppSec areas where we are going to be able do most significantly differentiate and add value to customers. And so that’s precisely where we are focused, starts with areas like vulnerability management and extends from there into additional areas that we are investing in now.
Joel Fishbein: Great. Thank you.
Operator: Our next question comes from the line of Pinjalim Bora with JPMorgan. Please proceed with your questions.
Pinjalim Bora: Hi. Great. Thanks for taking the question and congrats on the quarter. I want to ask you about just the performance across the different tiers . Did you see the challenging macro environment kind of spill over outside of Europe? Do you see it in Americas? And the second part of the question is just on the fiscal €˜24, since everybody is trying to figure that out. Another way of asking it, I guess what are you seeing or hearing from customers in terms of how IT budgets are being set for calendar year 2023 and observability within that?
Jim Benson: So, I want to make sure I have the two questions. So, one, you want to get a bit of color on kind of the geography kind of view of things. And then obviously, I understand your point about fiscal €˜24 not necessarily on our guide, but specifically around customers in their budget decision. So, I would say relative to kind of the geography dynamics, I would say that obviously, the macro environment is affecting all geographies. I will say for our third quarter, we did perform a bit better than we expected in our EMEA region. That certainly has been a region that we had called out previously as being a region that’s soft. So, better execution in the EMEA region. And I would say a little bit softer in North America.
But in general, I would say it’s a dynamic macro environment everywhere. But I would say our performance was a little bit stronger in EMEA in the third quarter and a little bit weaker in North America. But I wouldn’t necessarily suggest that, that is a significant change from what it’s been. But I think that we just had better execution in EMEA in the third quarter. And relative to the customers and their budgets, I think your €“ the way I have kind of seen it, we are beginning our budget cycle. So, as you can imagine, I am dealing with it myself that I think customers are looking at their budgets. They are scrutinizing areas of their IT spend specifically and trying to prioritize areas that they believe are more strategic. So, I would say budgets are probably going to be conservative.
