I mean, it has been amazing experiences that we have been in the last couple of months in terms of how the offices and these hubs has been reinvented and it’s given our best results there with the people. So, I think that it’s a combination of everything. We keep growing our businesses. The net growth is keeping up, and we are expecting the same for Q4, of course. And I think that is also related with the experiences that we’re bringing.
Tien-Tsin Huang: Okay. Nice work, guys. Nice job. Thank you.
Patricia Pomies: Thank you.
Arturo Langa: Thank you, Tien-Tsin. The next question comes from Ashwin Shirvaikar from Citi. Ashwin, your line is open. Please go ahead.
Ashwin Shirvaikar: Thank you. I hope you can all hear me.
Martin Migoya: Yes.
Patricia Pomies: Yes. Hi, Ashwin.
Ashwin Shirvaikar: Hi. Let me add my congratulations on the quarter. Good job there. I think the leading question from most investors really is trajectory in nature of demand. So that as a backdrop, I was hoping you might be able to maybe discuss relative demand across each of the four studio categories? Is Enterprise, which I think focuses on productivity, is that may be growing faster versus, say, Create, which is more about brand building? Or are you seeing patterns that might help us figure out which way demand is going?
Martin Migoya: I see that demand is like this year — I mean one thing is a trend that we will see long term, right? And in that aspect, we see that every day, all those batches will be more connected and more integrated. So, our obligation is to provide our customers with the necessary tools for them to execute the whole process from the idea creation to the integration with the backend of their companies to how we push those ideas into the public and how we make it known and how we create — how we code, how we create, how we extend, and how we expand a specific idea. That’s the longer-term vision. So, you will see us doing every day more and more things to try to tackle and provide all that broader set of services for our customers.
All of them are spending money on marketing, on enterprise, on digital. And of course, they’re spending money also on the reinvention of their business with our reinvention studio. So, all of those budgets are being tackled by the services that we are providing. Now, talking more short term, we have seen good growth on the Enterprise side. We have seen good growth on the Digital. And as a new segment, like the marketing segment with the acquisitions we did, plus a lot of organic growth, has been pretty healthy for us. Good numbers on the acquisitions we did at the beginning of this year. And we are seeing good demand there. So, I cannot say Enterprise right now is stronger than Digital or stronger than market because they are growing in a pretty, I would say, comparable…
Juan Urthiague: Similar.
Martin Migoya: …similar way. Thank you, Juan. Do you want to add anything there?
Juan Urthiague: No.
Martin Migoya: Okay.
Ashwin Shirvaikar: Okay. No, that’s good to know. Second thing, I was hoping to maybe get an update on the Brazil investments that you’re making, just in terms of organization, local leadership, hiring trends. And is the demand for Brazil talent, is that more from local Brazil clients or also a lot — is it also coming from say North America?
Martin Migoya: No, Brazil for us is important place and we have been investing a lot in Brazil. We have demand from local customers, and also some of our international customers are being served also from Brazil. So, we have both of them. Predominantly, we have local customers. I mean, the operation in Brazil is more oriented to serve our local customers. But we’re progressing a lot. And we have very good customers, a couple of very good acquisitions that we did, that are performing great. The Brazilian market in general is tractioning well, although it’s not as fast as the Mexican market, for example, but it’s tractioning quite well, so we have big expectations for what’s going to happen with Brazil in the next year. And by the way, our leadership for the region is based out of Brazil.
So, we’re very happy with that and we expect to keep on developing the network, the influence that we have on the technology space also in Brazil and we will keep on thinking on how to add more things on the marketing side, on the digital side, on the enterprise side.
