MartÃn Migoya: Yes, sure. I can take that one. I think that Asia Pacific for us has been an area which has been absolutely underdeveloped in the past. So some time ago, we decided that, that should change, and that should be one of the main areas of expansion. So we decided to start with some acquisitions like we did today and we announced the acquisition of eWave in Australia. And also, they have operations in Singapore, in Hong Kong and other places, which will help us. Also when we acquired GeneXus, they had an operation in Japan, and they will complement those operations that we are acquiring right now with eWave. And I believe there’s a big opportunity there when you add up all the Asia Pacific plus the Middle East countries plus some other countries in which we operate, but sometimes the market was not a take like India or some other countries over there.
So I believe that overall, when you take all those things it represents a gigantic market where needs are pretty similar to what we serve to our customers in the U.S., in Europe, in Latin America. So I think it’s a very good vector of growth for us moving forward.
Arturo Langa: So our next question comes from Surinder Thind from Jefferies. So we’ll jump back to Surinder. But our next question comes from Bryan Bergin from Cowen.
Bryan Bergin: So as you kind of look forward here and scenario plan for which just may come, can you just talk about current levels of visibility in the business. How do you think about impacts of potential recessionary pressure? And is there any simplistic way to segment the mix of work that you’re doing that might be more exposed versus what’s more durable or the amount of clients or mix of clients that are really extending their budgeting cycles? Just trying to think about how growth resiliency can fare here given the macro and the customer conversations that you’re having?
Juan Urthiague: Sure. Thank you, Bryan, for the question. Yes, over the last probably two quarters, the global economy has been under a little bit of pressure with different things happening in different regions. Now we’re getting close to year-end. And yes, definitely, we are seeing some customers delaying their budget processes and some projects sometimes ramping up a little bit lower because of budgets yet not been approved for next year. So that is reducing a little bit the visibility that we will typically have by this time of the year. At the same time, we continue to see good levels of growth, as you can see by our guidance for the rest of this year. We continue to see loan investing to be ready for when the macro comes back, as you can see by the investments we are doing, for example, on the marketing side with the World Cup, also in how we are getting ready on our teams in the different regions, how we are — how we have been evolving our studio model.
So we are a company that keeps on moving. We have just closed company an acquisition today. We continue to move. We don’t stop because of the macro. We just need to keep evolving and getting ready for when it comes back. If by this time, visibility for next year in a normal scenario would be around 80%, probably we’re a little bit down that number, maybe more like 70% or something around that number. So it’s a little bit lower. And — but we expect and we hopefully, when we have to guide for the full year, next February, the situation has stabilized a little bit. There are some good news coming from the macro inflation in the US stabilizing or coming slightly down. That was good news. So we’ll see how it goes from now until the end of the year.
