“We think by December, we'll have better visibility to the 2023 budgets, which will be helpful.”

In context

“sumption. You've got IoT where we can connect these energy systems and make them more efficient as well as Power-Over-Ethernet, which actually just reduces the power footprint for our customers. So it does also create some opportunity. I'd say if I go to Asia real quick, you've got -- Asia was actually pretty resilient. They're clearly aware of the economic situation that's going on, but we had 5 regions last quarter that were positive after big positives a year ago, including India, which grew significantly after significant growth the prior year. So that was a good sign. So Asia's pretty resilient, it feels like right now. And then in the Americas, I'd say it's a little mixed. We have some customers who are powering forward and other customers who are taking a little cautious outlook. We think by December, we'll have better visibility to the 2023 budgets, which will be helpful. And to your question about more signatures, we have seen -- our customers have implemented greater signature requirements. But by and large, the deals that we have going are getting signed. They're just taking a little bit longer than we'd expect. Operator: Tal Liani from Bank of America. Tal Liani: Great quarter, and I see that the numbers are going up, but the question is how much of it is backlog flush and how much of it is the environment? Meaning, I look at your product growth -- product orders. It's down 14%. Last quarter, it's down 6%. And the question is how is the environment itself? Is the environment weakening from an orders bookings, backlog? Is the environment weakening and what we're seeing is acceleration because of supply constraints that are easing? Or is the environmen”