Ittai Kidron: Thank you and Shlomi our thoughts with you and the whole team in Israel, of course. Shlomi, I wanted to make sure I understand the security. can customers buy your security solutions without artifacts or that’s still not a possibility? So when will that happen? And then maybe for you, Jacob, on the expansion rate with all the new product coming along and clearly, with the better execution on the up-sell and the traction of $1 million customers. How should we think about net dollar expansion rate here going forward for the next couple of quarters?
Shlomi Haim: Hi, Ittai; what we see as reported is that our net dollar retention stabilized around 120, 119 as predicted and as guided. In the self-host solutions, since our security solution is based on a per model on top of the platform — we look to see some acceleration there. Though our strategy is very focused on the cloud and the cloud migration. And there as well, security will be a strong driver to support the net or retention guidance that we provided. Security, in both cases, both deployment environment, cloud and self-hosted is based on by developer and not only by consumption. So we think it will support the net dollar retention, and it will be aligned with our guidance. Of Net this — and it’s obviously too full for us to provide guidance for 2024.
Ittai Kidron: Okay. But so just to make sure I understand, can I buy your security, advanced security and curation with outbuying artifacts?
Shlomi Haim: No. Currently, security, our solution security is part of the platform coming with the Artifactory in X-ray. In the future, we may consider to have it as a stand-alone solution. Currently, it’s a full solution coming with the platform.
Operator: Thank you. And our next caller is Brad Reback from Stifel. Brad, go ahead.
Brad Reback: Great. Thanks very much. Shlomi, Just as we think about sort of the emergence of AI and ML large language models, how does that play to help accelerate usage of the cloud Artifactory. Thanks.
Shlomi Haim: It’s great, Brad. AI and ML, these are technologies that are being adopted rapidly by all organization and also the enterprise are looking into it. As you are familiar with our portfolio — the majority of our customers are enterprise customers with thousands of developers. And to be frank with you, most of them are trying to first kind of put down the playbooks and the regulation of how you use AI, how you secure AI, how you automate it and how you become more efficient with it before you let machine code and build binaries and distributed for you. So we planted the seeds, GPG is the first and only Company in the world that practically provide AI solutions for our customers. We planted the seed not only for developers but also for security.
Artifactory natively proxy having faced the public repository and x-ray automatically scale all ML models before they are getting into the set the software supply chain. With the rapid growth and rapid adoption of AI and ML ops we believe that this will be just another part is for the case users and will accelerate the adoption of our platform will put us in a very good position in terms of competition that might come up in the future. And we’ll serve our customers and community better with the unvotality that we provide. Currently, it’s too early to say how will this impact the long-term model.
Operator: Thank you. And our next caller is Jonathan Ruykhaver from Cantor Fitzgerald. Jonathan, go ahead.
Jonathan Ruykhaver: Yes, thank you. So, for me, an interesting point that has come up in discussions we’ve had with JFrog customers is around the automation that Artifactory brings to third-party CICD solutions, and specifically the significant reduction in build time and cost savings. Can you just comment on that dynamic, how important it might be when you look at Newlands. And also, what is the implication to pipeline? Is pipeline less of an opportunity just given how well you work with other CICD tools?