“We expect the supply chain to impact us through the first half of the year. And then at the low-end of the guide, we think we continue to have supply-chain impacts through most of the second half as well, with some clear up at the end. At the high-end of the guide, we think that we've begun to clear up the supply chain issues, supply and demand come back more into balance earlier in the second half.”

In context

“newals are going to come up and what our renewal rate is as we work our way through this. So, we have a pretty good sense of a big chunk of our revenue and how it's going to grow. We also have a good view of pipeline and what that looks like ahead, and one of the things that I would say about that pipeline is it's one of the -- we've seen year-over-year growth in the pipeline for Q1 better than we've ever seen in the last several years. So, we see good growth in the pipeline as well. So, it's when you add all that up, that's what gives us the confidence to give a full-year guide. What I would say is that -- to your question about supply chain and what's the assumption on supply chain, the way to think about that as that's the difference between the high-end and the low-end of the guide. We expect the supply chain to impact us through the first half of the year. And then at the low-end of the guide, we think we continue to have supply-chain impacts through most of the second half as well, with some clear up at the end. At the high-end of the guide, we think that we've begun to clear up the supply chain issues, supply and demand come back more into balance earlier in the second half. That's why we gave the full-year guide. I think -- certainly, we have the confidence with the visibility we have, and what's baked into that based on some of the uncertainty. It's still out there with the supply chain. Samik Chatterjee: Thank you. Marilyn Mora: Thanks, Samik. We'll take the next question, please. Operator: Meta Marshall from Morgan Stanley Investment Research, you may go ahead. Meta Marshall: Great. Thanks. Maybe coupling onto that question, just how should we think about kind of the incremental 150 basis point sequential gross margin decline in the guidance and just how much of that is incremental supply chain impact, and would you expect to abate that through either price changes or supply chain improvement to improve that throughout the year? Thanks. Scott Herren: Yea”