Leonard Livschitz: Well, we have not added these countries as a big centers of engineering yet. There is a mix of local hires with some of the relocated people. And we review each center with a great filter in terms of the synergies with other locations. And we also have a lot of people who are locations. And I recently visited pretty much all of the countries you just named. And I’m not a collector of the geographies. It’s one of those things you put a, you walk with a suitcase, which has a little sticker from every country you visit, right? That’s for the tourists, not for the business. We need to make money in every place we go, and we need to bring the value with the local partnership. So number one guiding factor for the new countries is the relationship with the universities, that’s in the early stage, we met some very key notable universities.
And as those relationships will prosper, then we can say definitively how scalable those new countries will be. But certainly the young talent is there. I would say that, as I repeated multiple times, we’re not creating shelters for people to relocate. I mean, that’s just the one part. We need to be a homegrown organization with a homegrown relationship with universities. So I will stop and we’ll keep you updated. But right now, the focus from the overall growth is unquestionably India, Mexico, and in Central Europe is going between Poland, Romania, and Serbia to some extent. We have a good team in Armenia, we have a still good team in Ukraine and a few other places. But as we expand, we need to take all these factors into consideration. But we’ll keep you posted.
Ryan Potter : All right. Thanks.
Anil Doradla: Thank you, Ryan.
Bin Chiang: Thank you, Ryan. Our next question comes from the line from Mayank Tandon from Needham. Please go ahead.
Mayank Tandon : Thank you. Good evening. I had a couple of questions. First was, you didn’t comment on the fourth quarter specifically. So just curious, are there fewer billing days as we’re modeling our fourth quarter revenue off the third quarter? Just want to make sure we check on that one. And secondly, we’ve been hearing from certain companies, some of your peers, that there’s that potential for a budget flush given the sort of pent-up demand that’s building. Any comments around that to help us frame the fourth quarter?
Anil Doradla: Sure. So you bring two things which have opposing effects, right? You’re absolutely right. You’re absolutely right. Fourth quarter tends to be from a billing based point of view across the industry. And we’re no exception. Now, in the past, being a smaller company with high growth, one-off climb, if they start growing, also the timing of some of these projects can actually impact the movement from Q3 to Q4. But in general, yes, from a number of days point of view, there’s a little bit of a decline. Now, the second point that you bring up is budget flush, which is a very good point. And that is something we all have to see as an industry. Like what we saw in previous cycles, if you don’t spend it, you lose it, right?
There’s a little bit of that going on. So I don’t want to comment upon, Q4 at this stage, right, we’re doing one quarter at a time. But these two points that you bring up are very valid and is part of our planning process as we look into the business.
