Mike Scarpelli: Let us finish Q3, and then we’ll guide to Q4, and I’ll see how next year is looking. But I do anticipate — there’s a lot of new things coming out next year, that we think are going to have a very positive impact on our consumption from. Remember, we have Streamlit goes into GA, Unistore towards end of this year.
Christian Kleinerman: Public Preview.
Mike Scarpelli: Public Preview. We have Containerized Services next year. There’s a number of things that are happening that are all going to have a positive impact on our revenue growth rate next year. So stay tuned for that.
Brent Bracelin: Helpful color. Thanks.
Operator: Thank you. The next question will be from the line of Brad Reback with Stifel. Your line is now open.
Brad Reback: Great. Thanks very much. Gentlemen, you’ve talked about changing sentiment a couple of times during the call. How much of that is your sales team being better able to engage with the customers selling value, just looking at the problem from a different perspective given the macro trends versus customers just feeling better about their businesses and the macro unleasing the demand? Thanks.
Frank Slootman: It’s Frank. Look, it’s not the sales team. There’s really a change in how customers engage. A couple of quarters ago, like I said earlier, people were doing unnatural acts to force that themselves into spending envelope and they were doing it almost regardless of consequence, that’s fixation on that reset, we obviously felt that. The change in sentiment is that, that has passed. We are now sort of, okay, we’re comfortable with the path that we’re on, now we’re talking again of our projects and migrations and use cases. We’re trying to basically get a grip on deploying large language models. What do we have to do with data, with the infrastructure, answering governance questions and so on. So in other words, the sentiment is very constructive and engaging on core data strategy, that’s a big change from where we were a couple of quarters ago. Obviously, the salespeople are perceiving that as very positive, that’s where you want to be.
Brad Reback: That’s great. Thanks very much.
Operator: Thank you. The next question will be from the line of Derrick Wood with TD Cowen. Your line is now open.
Derrick Wood: Thanks. Mike this is the strongest sequential growth quarter you’ve had in three quarters, I think you were at 6% and 6% and this was 8.5%. Your guidance for Q3, there’s kind of 5.5% sequential and further some level of conservatism in there. But just in terms of the Q2, are there any kind of one-time consumption dynamics to call out? Or does that just really kind of inform us that the optimization headwinds that you saw in Q4 and Q1 kind of dissipated in Q2?
Mike Scarpelli: Yes. Q2 has more days in it. Remember where consumption model was actually 5% quarter-over-quarter, working days adjusted was the growth rate. And actually Q3, it goes up when you look at the working days in Q3. Remember on a consumption model where really kind of 70% is the scheduled work, there is a big piece that is tied to work days that does have an impact. So, there is growth next quarter in that guide on a days adjusted basis, working days.
Derrick Wood: Okay. Frank or Christian, I just — I was hoping to double-click on the new Container Services. It seems like it enables you to deploy different types of third-party engines, apps, code bases directly in the platform. You can streamline a lot more workflows which I think when it comes to building AI models seems pretty interesting. So, I was curious, what are you most excited about in terms of this new capability and opening up new consumption especially when it comes to AI?