So if you’re a new customer, the embedding of that into RISE, into GROW with SAP to accelerate value in the use cases that were described is a reason to move forward quickly. And for our large number of customers have already moved across, as Christian mentioned, they’ve got the ability to not only have the transformation, the cloud existing, but they then have a premium uplift and the ease of innovation adoption is one of the beauties of this program. So whilst there is definitely markets, there’s a level of prudence out there in terms of the return on investment and making sure these digital programs are delivering the outcomes, the use of AI embedded into our processes and technology is one of the factors that is driving the strong demand that we continue to see.
Operator: The next question is from the line of Charles Brennan with Jefferies.
Charles Brennan: Great. I just wanted to ask one actually on the interplay between the CCB growth and the cloud growth. When I think about assets like Concur and Fieldglass, even in normal economic conditions, I wouldn’t expect them to be doing mid-20s growth. Is it likely that cloud growth will always remain below the CCB growth? And in the context of your updated cloud revenue guidance, can you just give us some insight on how you expect the CCB to evolve in the second half of the year?
Dominik Asam: Actually, if you look at historic data, for instance, now we have guided basically what’s happening on cloud revenues for the year, we’ve updated that and narrowed the guidance and compare that to the CCB growth a year ago, it’s fitting actually quite nicely. Indeed, as we mentioned, the transactional volume was a little bit of a headwind in this context. And it usually is because as you say, the growth in that business has not been as frothy as overall. But don’t forget, the other thing that’s driving our cloud revenue is the ramp embedded in the RISE deal. So — and that is the bigger thing — and where you still have a good traction. And we do believe that the 25% current cloud backlog growth is actually a meaningful indicator.
So I don’t think we’ve guided second half numbers for current cloud backlog. So I would like to stick to the methodology of what we guided, not kind of add another KPI guidance beyond what we have, but it should be good enough to get to the numbers we have updated today.
Operator: [Operator Instructions]. And the next question is from the line of Mohammed Moawalla with Goldman Sachs International.
Mohammed Moawalla: My question was really focused on the non-S4 side. Dominik, you talked about Fieldglass on the transaction revenue side. Was there any softness you’ve seen under Rebar or Concur? And thinking about the kind of rest of the line of business portfolio, what sort of impact have you seen there? Obviously, S4 remains pretty strong, but curious to get any color on sort of success factors and some of the other line of business products?
Dominik Asam: I mean we don’t guide that now by line of business and line of business. But what you can do is, of course, decompose and look at SaaS and what’s impacted in terms of S/4HANA growth in there. And then you get some indication, but don’t forget to also adjust for the infrastructure as a service piece of it, which is declining, and that’s by intention, by design. So within the transactional part, indeed, Fieldglass was a little bit of an outlier to the downside with really significant negative numbers in growth terms because of the macro on that front. Otherwise, I’d say it was pretty much in line and was maybe a little bit decelerated but not much.
Operator: The next question comes from the line of Patrick Walravens with JMP Security LLC.
Patrick Walravens: Christian, do you feel that SAP needs more PhD level data scientists to do advanced research in all the AI topics that are relevant to SAP?
