Craig Samuels: Got it. And then also Nvidia had some news regarding the data center providing computer power for AI and just wondering if that helps you or if that’s competitive?
Jack Abuhoff: No, I think it’s very much supportive of the value position. I was on their call and I remember what was said on the call. And I think the way they are viewing the opportunity is very much the way we’re viewing the opportunity. They are looking at it from a different perspective. They are looking at it from a perspective of enabling it from a processor side. We’re looking at it from a perspective of enabling it with data. And these are two sides of the same coin as far as I’m concerned.
Craig Samuels: Yes, that’s exactly what I thought. Just wanted to hear you confirm that. And then lastly, would you expect your gross margins to increase over the next 12 to 36 months? Will there be a greater software component? Or will it still be heavily weighted towards services?
Jack Abuhoff: I think it depends on kind of what happens. Given the activity that we’re now seeing of great significance, I think we will continue €“ if we’re successful at closing the opportunities that are before us, I think we’re going to continue to see a very heavy weighting towards solutions and services from a consolidated margin perspective. I’m going to live with that problem, though.
Craig Samuels: Right. So that means still in the below 40%?
Jack Abuhoff: Not necessarily. I think that as we start to execute the plan, we will be able to move above 40% over time, but probably still below 50%. Again, it remains to be seen what we’re able to deliver on the platform side. But if the opportunity is as large as we’re hoping it is on the solutions side, I think it will weigh towards that.
Craig Samuels: Yes. Sounds good. Keep up the good work, and look forward to continuing to monitor your progress over time. Thanks.
Jack Abuhoff: Thank you.
Operator: We have reached the end of the question-and-answer session, and I will now turn the call over to Jack for closing remarks.
Jack Abuhoff: Thank you, operator. So yes, I’ll quickly recap. We’re seeing very recent acceleration in AI investment by large tech companies. It seems to be coinciding with OpenAI’s release of ChatGPT. We’re now either expanding work with or beginning work with or discussing starting work with four of the five largest tech companies in the world. And much of what is under discussion has to do with building and improving large language models. I’m very excited about where we are with these companies and excited about where we are with a host of similarly impressive companies across other domains. Even though forecasting exact close dates remains challenging, we think we’re in the right place at the right time to ride this wave.
We’re seeing positive trends across our other business segments as well. Synodex growth last year was huge. It’s well positioned to expand in this market this year. And Agility, supported by what we believe was a very successful release of PR CoPilot, we continue to make great strides in win rate, net retention bookings, all of which are, of course, leading indicators of accelerating growth. So, very excited to be here today, very excited with the news that we’re sharing today. And thank you all for participating in this call. We will look forward to our next call with you.
Operator: This concludes today’s conference, and you may disconnect your lines at this time. Thank you for your participation.
