Gal Munda: That’s very interesting. Thank you. And then just as a follow-up, you mentioned automotive solutions and the OEMs as well coming in, both from the semi companies and the OEMs kind of increasing demand, and that’s kind of driving part of the growth. I guess if I do math and I think about your growth vectors today, I’m thinking maybe specifically about next year when you look at your pipeline, how does the reliance on the core semis, the leading-edge companies, compared to the systems companies in terms of the growth? Who’s bearing the higher proportion of growth in terms of responsibility to deliver those targets that are pretty impressive? Thank you.
Aart de Geus: Well, I’m glad you bring up automotive, because looking at the numbers; I was surprised myself how well we had done this year. At the same time, I think there’s some good explanations for it. For starters, the very fact that there was a supply shortage in automotive; suddenly everybody gets full attention of automotive. And then simultaneously, the world has now recognized that the cost of climate change is upon us. And I expect that the rate of change toward electrification is absolutely going to accelerate. And so investments that started probably seven, eight years ago. And we always sell, oh, automotive is so slow, is so slow, now suddenly are moving forward very fast, and it’s along the entire supply chain that is reconfiguring itself around new architectures. So I think there’s a lot of opportunity, lot of challenges there as well, but I think we’re in a great position for it.
Gal Munda: Thank you so much.
Aart de Geus: You’re welcome.
Operator: We’ll take our next question from Jason Celino with KeyBanc.
Jason Celino: Hey thanks for fitting me in. Trac, it’s been an absolute pleasure. Bad to say goodbye. So hopefully, we can chat with you later.
Trac Pham: Thanks Jason.
Jason Celino: The 14% growth guidance is very impressive, especially the year that you are coming out of. I’m curious, though, with the upfront business having a tough comp. You did 40% growth there this year. How much of upfront or hardware, I’m using those terms interchangeably, are you kind of taking into the guidance for 2023?
Trac Pham: I wouldn’t naturally attach hardware to upfront. Of course, it will show up in online. But keep in mind that we do have IP that is reflected in that category as well. And keep — remember, in our statement, we — our IP business grew over 20% in 2022. So heading in 2023, really the 14% to 15% guide for revenue growth is coming across all product areas. And that’s where we’re — and that’s all product areas and all key geographies, and so that’s where the confidence and the comfort is in terms of our ability to execute against that plan.
Jason Celino: Okay, excellent. And then DSO.ai, it seems that you’re getting a lot of traction there, and you mentioned some other areas where you’re looking at AI capabilities like verification, tests and customs. Can you talk about this roadmap and where we are with deployments and how customers are using it for some of these other applications?
Aart de Geus: Sure. I’ll be a little careful with giving too much of the roadmap. But I want to make sure that you understand that in all of these areas, we have worked on those now for already quite a while, and we have a number of very positive results directly with customers. And at the end of the day, it’s like the old the VC, do the dog, feed the dog, dog food, not that I would ever want to compare customers to dogs, of course. But the fact is, it’s in the field that you realize what are the issues that one may not have contemplated, and the feedback is very positive because there, too, while the tools have long been optimized with a variety of machine learning and AI capabilities, changing the very workflow is how you get a more profound impact. And so we have a long opportunity space to grow into, but the engagement already signifies that we have results that customers want to keep and turn into production.
Jason Celino: Okay, perfect. Thank you.
